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Stock Market & Financial Investment News

News Breaks
August 4, 2014
07:40 EDTINSY, ESRXInsys valuation could be $4 lower on Subsys exclusion, says Wells Fargo
After another research firm stated that Insys' (INSY) Subsys would be placed on Express Scripts' (ESRX) list of excluded drugs, Wells Fargo estimates that such a development could reduce Insys' valuation by about $4. The firm notes that the stock fell $4.16 on July 31 and August 1. It keeps an Outperform rating on the shares.
News For INSY;ESRX From The Last 14 Days
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September 15, 2014
12:58 EDTINSYInsys retreats after receiving second subpoena from U.S.
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08:23 EDTINSYInsys subpoena should not overshadow bigger picture, says Wells Fargo
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07:41 EDTINSYInsys new subpoena an extension of previous probe, says Oppenheimer
After Insys received a subpoena from the Department of Justice after previously receiving a subpoena from an Inspector General's office, the firm thinks the second subpoena is related to the same investigation as the first one. Oppenheimer views the second subpoena as a headline risk but does not expect it to impact the company's business. It keeps a $40 price target and Outperform rating on the shares.
September 12, 2014
18:03 EDTINSYInsys Therapeutics receives subpoena over Subsys sales, marketing practices
On September 8, Insys Therapeutics, Inc. received a subpoena issued pursuant to the Health Insurance Portability and Accountability Act of 1996, as amended, from the U.S. Attorney’s Office for the District of Massachusetts. The subpoena requests documents regarding Subsys, including Insys’ sales and marketing practices related to this product. Insys intends to cooperate with the investigation.
September 11, 2014
10:00 EDTESRXOn The Fly: Analyst Downgrade Summary
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05:30 EDTESRXExpress Scripts downgraded to Neutral from Buy at Goldman
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September 10, 2014
10:25 EDTINSYInsys Therapeutics management to meet with JMP Securities
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