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Stock Market & Financial Investment News

News Breaks
August 24, 2014
04:55 EDTEW, EW, EW, EW, EW, QDEL, QDEL, QDEL, QDEL, QDEL, SQNM, SQNM, SQNM, SQNM, SQNM, TNDM, TNDM, TNDM, TNDM, TNDM, VOLC, VOLC, VOLC, VOLC, VOLC, ATEC, ATEC, ATEC, ATEC, ATEC, CFN, CFN, CFN, CFN, CFN, ICUI, ICUI, ICUI, ICUI, ICUI, IART, IART, IART, IART, IART, ELGX, ELGX, ELGX, ELGX, ELGX, NUVA, NUVA, NUVA, NUVA, NUVAPiper Jaffray to hold a bus tour
7th Annual SoCal Medtech & Diagnostics Bus Tour to travel throughout San Diego on August 25-28.
News For EW;ELGX;IART;ICUI;CFN;ATEC;VOLC;TNDM;SQNM;QDEL;NUVA From The Last 14 Days
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October 24, 2014
12:49 EDTEWOn The Fly: Midday Wrap
Stocks on Wall Street opened relatively quietly, with investors cautious given the way the market closed yesterday following the report a NYC doctor had the Ebola virus. As the morning progressed investors became more emboldened and pushed the market higher, leaving the major averages near their highs at midday. ECONOMIC EVENTS: In the U.S., a report on new home sales showed that they inched up 0.2% to a 467K rate in September, but August was revised much lower. COMPANY NEWS: Shares of Amazon (AMZN) fell 7.5% after the company reported weaker than expected results and provided lower than expected revenue guidance. At least two analysts downgraded the stock following its report, while a number of others cut their price targets on the shares... Procter & Gamble (PG) rose 3% after the company's Q1 core EPS matched estimates and it announced plans to exit the Duracell personal power business. P&G noted that while no decision has been made on the form of the exit, the company’s current preference is a split-off of the Duracell business into a stand-alone company. MAJOR MOVERS: Among the notable gainers was were Edwards Lifesciences (EW), which rose 11% following the company's "beat and raise" report. Also higher was SodaStream (SODA), which jumped 14% after confirming that it has entered into an agreement with PepsiCo (PEP) specifically focused on a small-scale, limited time test to make certain of PepsiCo’s brands available for use on the company’s at-home beverage system. Among the noteworthy losers was Pandora (P), which dropped 15% after reporting quarterly results that included a sequential drop in listener hours. Also lower was Abercrombie & Fitch (ANF), which fell 5.5% after Goldman Sachs downgraded the stock to a Sell rating in a note to investors. INDEXES: Near midday, the Dow was up 86.67, or 0.52%, to 16,764.57, the Nasdaq was up 16.36, or 0.37%, to 4,469.15, and the S&P 500 was up 8.86, or 0.45%, to 1,959.68.
08:37 EDTEWEdwards Lifesciences price target raised to $132 from $100 at Stifel
Stifel increased its price target on Edwards as the firm believes that the company's Q3 results were "outstanding." The firm thinks the TAVR market has a number of very visible and positive global rivers, while the stock has a number of potential positive catalysts. The firm keeps a Buy rating on the shares.
October 23, 2014
16:21 EDTEWEdwards Lifesciences raises FY14 EPS $3.33-$3.39, consensus $3.30
Sees FY 14 revenue higher than previous $2.05B-$2.25B, consensus $2.24B.
16:19 EDTEWEdwards Lifesciences sees Q4 EPS 89c-95c, consensus 95c
Sees Q4 revenue $575M-$615M, consensus $586.91M.
16:15 EDTEWEdwards Lifesciences reports Q3 EPS 80c, consensus 73c
Reports Q3 revenue $607.4M, consensus $546.32M.
15:30 EDTEWNotable companies reporting after market close
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October 22, 2014
10:09 EDTCFNOn The Fly: Analyst Downgrade Summary
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07:39 EDTQDELQuidel price target raised to $30 from $27 at Canaccord
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05:59 EDTCFNCareFusion downgraded to Market Perform from Outperform at Raymond James
Raymond James downgraded CareFusion (CFN) to Market Perform citing the acquisition by Becton Dickinson (BDX) and said it does not expect a competing bid.
05:44 EDTQDELQuidel price target raised to $31 from $27 at Piper Jaffray
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October 21, 2014
16:19 EDTQDELQuidel reports Q3 EPS (1c), consensus (12c)
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October 20, 2014
05:55 EDTCFNCareFusion downgraded to Hold from Buy at Stifel
October 15, 2014
14:01 EDTQDELQuidel receives FDA clearance for Lyra molecular PCR assay
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07:32 EDTCFNUBM Canon to hold a conference
PLASTEC Midwest Conference is being held in Chicago on October 15-16.
October 14, 2014
06:06 EDTELGXDeerfield reports 6.7% passive stake in Endologix
October 13, 2014
14:01 EDTQDELQuidel receives FDA clearance for Lyra molecular PCR assay
Quidel announced that it has received 510k clearance from the FDA to market its Lyra Adenovirus Assay, a real-time PCR test for the qualitative detection of human adenovirus viral DNA isolated from nasal swab and nasopharyngeal swab specimens. Adenovirus outbreaks can occur throughout the year, but are more common from late winter to early summer. Quidel's Lyra Adenovirus Assay is part of the new Lyra brand of ready-to-use, molecular PCR reagent kits specifically designed to be compatible with a laboratory's existing thermocycler.
10:59 EDTQDELEbola in U.S. could boost flu testing, says Piper Jaffray
Piper Jaffray believes the emergence of Ebola cases in the U.S. could drive incremental flu testing since the disease shares some initial symptoms with flu, likely driving people to get a test. Piper says it has increased confidence in its flu upside scenario for Quidel. It has an Overweight rating on the stock.
07:37 EDTEWAmerican Society of Anesthesiologists to hold annual meeting
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07:25 EDTCFNEuropean Association of Cardiothoracic Surgery to hold annual meeting
28th EACTS Annual Meeting is being held in Milan, Italy on October 11-15.

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