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Stock Market & Financial Investment News

News Breaks
August 31, 2012
14:51 EDTMDVNMedivation to get $35M in milestone payments from Astellas for Xtandi
Medivation disclosed in a filing that the FDA’s approval of XTANDI and the EMA’s acceptance for review of the European marketing application for XTANDI trigger milestone payments to Medivation of $30M and $5M, respectively, under the collaboration agreement between Medivation and Astellas. Medivation is required to share 10% of these milestone payments with UCLA under the terms of its license agreement.
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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 9, 2013
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).

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