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Stock Market & Financial Investment News

News Breaks
February 13, 2013
09:30 EDTMDVNMedivation says 93% of patients in study had PSA decrease
Medivation and Astellas Pharma announced that data for enzalutamide, an oral androgen receptor inhibitor, will be presented at the American Society of Clinical Oncology 2013 Genitourinary Cancers Symposium in Orlando, Florida. In one presentation, titled "Enzalutamide monotherapy: Phase 2 study results in hormone-naïve prostate cancer patients," it will be noted that the phase 2 study assessed the efficacy and safety of enzalutamide monotherapy in 67 patients who had never received hormone therapy and presented with normal testosterone levels. The analysis showed ninety-three percent of study participants experienced a ≥80% PSA decrease at week 25. Also, median change in PSA was -99.6%.
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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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