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Stock Market & Financial Investment News

News Breaks
June 27, 2014
08:14 EDTIGIGI Laboratories 4.65M share Secondary priced at $5.00
Roth Capital and Oppenheimer acted as joint book running managers for the offering.
News For IG From The Last 14 Days
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May 4, 2015
11:37 EDTIGIGI Laboratories management to meet with Craig Hallum
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April 29, 2015
10:08 EDTIGHigh option volume stocks
High option volume stocks: IG R CLNE BWLD XPO RCII MDRX EXP OTEX BRFS
10:00 EDTIGOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: American Capital Agency (AGNC) downgraded at UBS... American Public Education (APEI) downgraded to Hold from Buy at Deutsche Bank... Annaly Capital (NLY) downgraded at UBS... C.H. Robinson (CHRW) downgraded to Neutral from Buy at BofA/Merrill... Church & Dwight (CHD) downgraded to Perform from Outperform at Oppenheimer... Cobalt (CIE) downgraded to Hold from Accumulate at Tudor Pickering... Compass Minerals (CMP) downgraded to Neutral from Overweight at JPMorgan... Corning (GLW) downgraded to Sell from Underperform at CLSA... Corporate Office Properties (OFC) downgraded at Stifel... Entergy (ETR) downgraded to Market Perform from Outperform at BMO Capital... First Interstate (FIBK) downgraded to Market Perform from Outperform at Wells Fargo... German American Bancorp (GABC) downgraded to Market Perform at Keefe Bruyette... IGI Laboratories (IG) downgraded to Market Perform from Outperform at Avondale... Lumber Liquidators (LL) downgraded at Longbow... Marvell (MRVL) downgraded at JMP Securities... National Oilwell (NOV) downgraded to Underweight from Equal Weight at Morgan Stanley... Oceaneering (OII) downgraded to Neutral from Buy at Sterne Agee CRT... OpenText (OTEX) downgraded to Sector Performer from Outperformer at CIBC... Parker-Hannifin (PH) downgraded on macro headwinds at Stifel... Pfizer (PFE) downgraded to Neutral from Buy at Citigroup... Procter & Gamble (PG) downgraded to Hold from Buy at Societe Generale... RTI International (RTI) downgraded to Market Perform from Outperform at FBR Capital... Ryder (R) downgraded to Neutral from Buy at Goldman... Stratasys (SSYS) downgraded to Neutral from Buy at Goldman... Targa Resources (TRGP) downgraded to Accumulate from Buy at Global Hunter... Total System (TSS) downgraded to Market Perform from Outperform at Wells Fargo... Twitter (TWTR) downgraded to Equal Weight from Overweight at Barclays... Wynn Resorts (WYNN) downgraded to Neutral at Susquehanna.
09:26 EDTIGOn The Fly: Pre-market Movers
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09:02 EDTIGIGI Laboratories downgraded to Market Perform from Outperform at Avondale
Avondale downgraded IGI to Market Perform following the Q1 revenue miss and weak Q2 guidance. Price target to $8 from $15.
07:38 EDTIGIGI Laboratories downgraded to Perform from Outperform at Oppenheimer
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April 28, 2015
19:10 EDTIGOn The Fly: After Hours Movers
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16:31 EDTIGIGI Laboratories reports new ANDA submission, sees $50M addressable market
IGI Laboratories announced it has submitted its second abbreviated new drug application to the U.S. Food and Drug Administration of 2015, which brings the company's total number of ANDA submissions pending at the FDA to 24. CEO Jason Grenfell-Gardner commented, "We believe the ANDA filed today has an addressable market of approximately $50M based on February data from IMS Health. We believe our current pipeline of twenty-four submissions, exclusive of partnered submissions, pending approval by the FDA now has a combined addressable market of over $702M based on February data from IMS Health."
16:29 EDTIGIGI Laboratories sees Q2 revenue $7M-$8M, consensus $13.72M
"We anticipate revenue from our econazole nitrate cream products to decline in Q2. We expect to be on target to file 20 topical ANDA submissions in FY15," said the company.
16:27 EDTIGIGI Laboratories reports Q1 adjusted EPS 0c, consensus 1c
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