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Stock Market & Financial Investment News

News Breaks
March 18, 2013
07:09 EDTLGND, SPPILigand Pharmaceuticals deal positive, says Cantor
After Ligand Pharmaceuticals (LGND) announced a license and global supply agreement with Spectrum Pharmaceuticals (SSPI) on Captisol-enabled Melphalan for the treatment of multiple myeloma, Cantor believes the deal is "attractive" for Ligand. The firm, which maintains a Hold rating on Ligand, indicates that it is close to upgrading the stock, but is not doing so because it is still concerned about the company's Promacta generic filer announcement.
News For LGND;SPPI From The Last 14 Days
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May 15, 2013
19:34 EDTSPPIOn The Fly: After Hours Movers
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11:16 EDTSPPIOptions with decreasing implied volatility: RAX CSC SPPI MBI PANL
11:06 EDTLGNDLigand Pharmaceuticals management to meet with Roth Capital
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May 9, 2013
07:09 EDTSPPISpectrum reports Q1 EPS (5c), consensus (16c)
Reports Q1 revenue $38.7M, consensus $36.42M. Says pivotal data in relapsed/refractory peripheral T-cell lymphoma from late-stage drug Belinostat to be presented as an oral presentation at ASCO 2013; the company expects to submit an NDA this summer. Company expects enrollment in the Captisol-enabled melphalan study in multiple myeloma to be completed in 2013, with NDA submission in 2014.
May 8, 2013
16:10 EDTLGNDLigand Pharmaceuticals sees Q2 EPS 3c-5c, consensus 4c
Sees Q2 revenue $9.0M-$9.5M, consensus $9.10M.
16:08 EDTLGNDLigand Pharmaceuticals reaffirms 2013 EPS view 47c-51c, consensus 46c
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16:07 EDTLGNDLigand Pharmaceuticals reports Q1 adjusted EPS 16c, consensus 9c
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