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Stock Market & Financial Investment News

News Breaks
April 9, 2014
10:16 EDTCTSH, IMGN, AXAS, GTNHigh option volume stocks: IMGN GTN RDA AXAS CTSH
News For IMGN;GTN;AXAS;CTSH From The Last 14 Days
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April 27, 2015
07:27 EDTCTSHAccenture has made transition to higher level work, says Wells Fargo
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April 24, 2015
06:35 EDTIMGNImmunoGen lowers FY15 revenue view to $85M-$95M from $100M-$105M
Consensus for FY15 revenue is $101.12M. Backs FY15 net loss view of $60M-$65M. Raises FY15 cash and cash equivalents at June 30 to $265M-$275M from $75M-$85M.
06:32 EDTIMGNImmunoGen reports Q3 EPS (25c), consensus (24c)
Reports Q3 revenue $11.4M, consensus $20.95M.
April 23, 2015
09:29 EDTGTNGray Television to acquire WAGM-TV for $10.25M
Gray Television announced that it has reached an agreement with NEPSK to acquire WAGM-TV in Presque Isle, Maine, for $10.25M in cash. WAGM-TV's two digital channels are affiliated with the CBS Network and the FOX Network. The transaction purchase price represents a multiple of less than six times a blended average of 2014-2015 anticipated pro forma broadcast cash flow of the station including expected synergies. As such, Gray's acquisition of WAGM-TV will be immediately free cash flow accretive to Gray. Gray expects to finance the transaction with cash on hand. The transaction is subject to receipt of regulatory and other approvals and is expected to close in the third quarter of 2015.
April 20, 2015
08:53 EDTAXASAbraxas Petroleum targets long-term leverage of 1.0x FTM EBITDA
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08:53 EDTAXASAbraxas Petroleum sees Q1 production 6,600-6,800 Boepd
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08:53 EDTAXASAbraxas Petroleum sees FY15 7,200-7,300 Boepd
Sees FY15 operating costs LOE $10.00-$12.00/BOE. Sees FY15 CapEx $53.8M. The company expects production guidance sees potential upside from non-operated participating and higher working interest in operated wells. It also sees potential downside from any additional flaring and associated NDIC curtailments, completion delays and offsetting well shut-ins, higher than anticipated work-over activity.
07:22 EDTAXASIndependent Petroleum Association of America to hold a conference
IPAA-OGIS New York is being held in New York on April 20-22.
07:20 EDTIMGNAmerican Association for Cancer Research to hold annual meeting
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