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Stock Market & Financial Investment News

News Breaks
September 4, 2012
08:52 EDTMDVN, JNJMedivation Xtandi appears superior to J&J's Zytiga, says Leerink
After Medivation's (MDVN) Xtandi was approved as a treatment for some cases of prostate cancer, Leerink Swann believes that the product's efficacy is superior to that of a competing drug from Johnson &Johnson (JNJ). The firm maintains an Outperform rating on Medivation.
News For MDVN;JNJ From The Last 14 Days
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May 17, 2013
06:19 EDTJNJJ&J to end sales of of metal-on-metal hip replacements, Bloomberg reports
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May 15, 2013
16:51 EDTJNJFDA approves Simponi to treat ulcerative colitis
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May 14, 2013
14:59 EDTMDVNMedivation has a conference call hosted by JPMorgan
JPMorgan Analysts Meacham and Kasimov host a conference call with CEO David Hung on May 16 at 10 am.
May 10, 2013
11:48 EDTJNJDrugmakers to face pressure on U.S. prices, Reuters says
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06:16 EDTJNJObesity surgery booming in India, Bloomberg reports
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May 9, 2013
17:09 EDTJNJJohnson & Johnson deal to settle sales practices probe stalls, WSJ reports
Johnson & Johnson's $2.2B settlement with the Justice Department related to its promotion of certain drugs is on hold as the company is looking to avoid language in the agreement that could make it vulnerable to private lawsuits, reports The Wall Street Journal, citing people familiar with the talks. Reference Link
16:23 EDTMDVNMedivation sees FY13 operating expenses, net of Astellas payments, $285M-$300M
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16:23 EDTMDVNMedivation reports Q1 EPS (36c), consensus (41c)
Reports Q1 revenue $46.15M, consensus $38.54M.
15:27 EDTMDVNNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include priceline.com (PCLN), consensus $5.27; Public Storage (PSA), consensus $1.62; NVIDIA (NVDA), consensus 10c; CareFusion (CFN), consensus 53c; Assured Guaranty (AGO), consensus 68c; Medivation (MDVN), consensus (41c); Great Plains Energy (GXP), consensus 12c; Salix Pharmaceuticals (SLXP), consensus 68c; Air Lease (AL), consensus 38c; Sotheby's (BID), consensus (12c).
09:51 EDTJNJJ&J unit says first patient enrolled in reMARQable study
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May 8, 2013
07:38 EDTJNJBofA/Merrill's medical tech analyst hold an analyst/industry conference call
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May 6, 2013
11:29 EDTJNJJ&J cosmetics license revoked at Mumbai plant, Reuters says
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09:38 EDTMDVNMedivation Xtandi estimates raised at Leerink
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07:24 EDTJNJDrug companies attempt to make painkillers that can't be abused, WSJ reports
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