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Stock Market & Financial Investment News

News Breaks
February 1, 2013
06:20 EDTGILD, INFI, ARIAGilead seeks more blood cancer drug deals, Bloomberg reports
Gilead Sciences (GILD) has spent $1.2B in two years to buy blood cancer drugs, and wants more, reports Bloomberg. Treatment for leukemia and other blood cancers is one of the fastest growing markets for cancer drugs. Gilead COO John Milligan said the company is eyeing possible new deals. They could include Ariad Pharmaceuticals (ARIA) and Infinity Pharmaceuticals (INFI), said Raghuram Selvaraju, at Aegis Capital Corp. Reference Link
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June 18, 2013
11:20 EDTINFIInfinity Pharmaceuticals shares up 11%, or $1.97, to $19.14
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07:28 EDTGILDWells Faro to host a conference
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June 17, 2013
16:00 EDTGILDOptions Update; June 17, 2013
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06:25 EDTGILDGilead reports interim Phase 2 data for Idelalisib
Gilead announced interim results from a single-arm, open-label Phase 2 study evaluating idelalisib, an investigational, targeted, oral inhibitor of PI3K delta, for the treatment of patients with indolent non-Hodgkin’s lymphoma that is refractory to rituximab and to alkylating-agent-containing chemotherapy. Previously, this has been a largely unstudied population for which there is significant unmet medical need for effective therapy. In the study, single-agent treatment with idelalisib achieved an overall response rate of 53.6%, with a median duration of response at this interim analysis of 11.9 months. The most common Grade ≥3 adverse event was diarrhea . Grade ≥3 transaminase elevations were reported via central laboratory testing in 13% of patients; Grade ≥3 neutropenia occurred in 26% of patients. Sixteen percent of patients discontinued due to adverse events.
June 13, 2013
10:05 EDTGILDOn The Fly: Analyst Upgrade Summary
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07:33 EDTGILDGilead upgraded to Buy from Hold at Argus
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June 11, 2013
07:41 EDTARIAARIAD initiates Phase 2 trial of Iclusig
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07:27 EDTARIAWilliam Blair to host a conference
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06:08 EDTINFIStocks with implied volatility below IV index mean; MBI INFI
Stocks with implied volatility below IV index mean; MBIA (MBI), Infinity Pharmaceuticals (INFI) according to IVolatility.
June 10, 2013
11:40 EDTINFIOptions with decreasing implied volatility: TIVO INFI NBG UNXL FRAN
07:40 EDTGILD, INFILeerink's biotech analyst holds analyst/industry conference call on ASCO
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07:19 EDTINFIInfinity Pharmaceuticals weakness an overreaction, says Stifel
After meeting with Infinity's management, Stifel views weakness in the shares following ASCO data as an overreaction. The firm thinks that the ASCO data reaffirmed that IPI-145 is an active drug in iNHL and CLL, and it views the drug as competitive with other hematological malignancy drugs that are being developed. The firm keeps a Buy rating on the stock.
06:38 EDTINFIStocks with implied volatility below IV index mean; MBI INFI
Stocks with implied volatility below IV index mean; MBIA (MBI), Infinity Pharmaceuticals (INFI) according to IVolatility.
June 7, 2013
17:21 EDTGILDGilead announces U.S. FDA priority review designation for Sofosbuvir
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11:56 EDTINFIOptions with decreasing implied volatility: TIVO INFI NBG UNXL
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08:17 EDTARIAARIAD has a conference call hosted by JPMorgan
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06:00 EDTINFIStocks with implied volatility below IV index mean; CSCO INFI
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June 6, 2013
12:04 EDTINFIOptions with decreasing implied volatility: INFI FRAN GES ANN OVTI
09:07 EDTGILDGilead Sofosbuvir likely to be granted priority review, says RBC Capital
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08:27 EDTGILDBernstein's biotech analysts hold an analyst/industry conference call
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