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Stock Market & Financial Investment News

News Breaks
February 4, 2013
08:55 EDTGSK, GSK, CBST, CBST, FOLD, FOLDFDA to hold a public hearing
Public hearing entitled, "Drug Development to Address Unmet Medical Needs" is being held at FDA Silver Spring, Maryland offices with participants to include Paul Huckle from GlaxoSmithKline, Jennifer Jackson from Cubist Pharmaceuticals and John Crowley from Amicus Therapeutics on February 4 at 9 am. Webcast Link
News For GSK;CBST;FOLD From The Last 14 Days
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August 20, 2014
06:34 EDTFOLDAmicus Therapeutics to host conference call
Conference call to discuss results of Phase 3 Fabry monotherapy study will be held on August 20 at 8 am. Webcast Link
06:08 EDTFOLDAmicus Therapeutics reports positive Phase 3 data from Fabry study
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August 18, 2014
11:41 EDTCBSTCubist rises after report sparks takeover interest speculation
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09:43 EDTCBSTCubist may receive takeover interest, Bloomberg reports
Cubist Pharmaceuticals' (CBST) focus on bacterial infections could attract takeover interest, Bloomberg reports in its Real M&A column. Reference Link
August 15, 2014
06:34 EDTGSKLawyer says GSK connected investigators to not appeal ruling, Reuters says
Defense lawyer Zhai Jian said GlaxoSmithKline connected corporate investigator Peter Humphrey and his American wife are not aiming to appeal a Chinese court's prison sentence ruling, according to Reuters, citing comments from Jian. Reference Link
August 13, 2014
16:19 EDTGSKOn The Fly: Closing Wrap
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13:13 EDTGSKInterMune exploring sale after bids from Sanofi, Roche, Glaxo, Bloomberg says
InterMune (ITMN) is working with its financial advisers Goldman Sachs (GS) and Centerview Partners to evaluate takeover bids it has received from Sanofi (SNY), Roche (RHHBY), GlaxoSmithKline (GSK) and Actelion (ALIOF), said Bloomberg, citing people with knowledge of the matter. The report noted that one of the sources said Sanofi has so far shown the most interest in a deal for InterMune, whose shares are up more than 13% to $51.56 following the first headlines from the report. Reference Link
August 12, 2014
07:15 EDTGSKWHO says ethical to offer unproven interventions in light of Ebola outbreak
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06:18 EDTGSKGSK CEO faces pressure as company deals with weak sales, allegations, WSJ says
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August 11, 2014
12:57 EDTGSKGlaxoSmithKline facing new bribery allegations in Syria, Reuters reports
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08:47 EDTGSKGlaxo to conduct Ebola vaccine trials later this year, Guardian says
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August 8, 2014
17:49 EDTCBSTCubist issues voluntary nationwide recall of nine lots of CUBICIN
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09:03 EDTGSKGlaxoSmithKline weakness creates buying opportunity, says Argus
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06:18 EDTGSKRoyal Bank of Scotland's Hampton leads race to become new GSK chair, FT reports
Royal Bank of Scotland (RBS) Chairman Philip Hampton is the frontrunner to succeed Christopher Gent as chairman of GlaxoSmithKline (GSK), the Financial Times reports, citing sources. Gent will step down from his role at GSK next year. Hampton is not expected to step down from RBS until after May's general election, the sources say. Reference Link
August 7, 2014
18:41 EDTFOLDOn The Fly: After Hours Movers
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16:07 EDTFOLDAmicus Therapeutics sees FY14 net cash spend $54M-$59M
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16:06 EDTFOLDAmicus Therapeutics reports Q2 EPS (22c), consensus (23c)
Reports Q2 revenue $475,000, consensus $470.000.
August 6, 2014
08:17 EDTCBSTCubist issues voluntary recall of certain lots of CUBICIN in the U.S.
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07:02 EDTGSKSynta Pharmaceuticals names Anne Whitaker as CEO, effective September 2
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06:22 EDTCBSTJefferies to hold a summit
Boston Healthcare Summit to be held in Boston on August 6.
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