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Stock Market & Financial Investment News

News Breaks
April 2, 2014
09:18 EDTVEEV, ENVI, XLRN, AAPL, MYGN, GSK, ICPT, AMZN, CRY, APOL, AGEN, CELG, MNKD, AGUOn The Fly: Pre-market Movers
HIGHER: MannKind (MNKD), up more than 88% after an FDA advisory panel voted in favor of its Afrezza to treat type 1 and type 2 diabetes... Acceleron Pharma (XLRN), up 14% after Celgene (CELG) strikes deal to buy 1.1M Acceleron shares for $47.15M... CryoLife (CRY), up 10% after receiving FDA approval to begin clinical trials for PerClot in the U.S... Veeva (VEEV), up 6% after upgraded at Morgan Stanley... Envivio (ENVI), up 18% after announcing that it is powering live HD sports channels for Apple TV (AAPL) for a "European Tier 1 service provider."... Myriad Genetics (MYGN), up 13% after disclosing updated pricing from the Centers for Medicare & Medicaid Services for the sequencing of BRCA1 and BRCA2 genes... Amazon (AMZN), up 0.75% ahead of media event in New York City, where company is expected to announce a media streaming device. LOWER: Apollo Education (APOL), down 3.7% following earnings, disclosure of subpoena... Agenus (AGEN), down 9% after GlaxoSmithKline (GSK) stops MAGRITi Phase 3 trial... Agrium (AGU), down 3% after warning that the late spring season this year is expected to impact the timing of its earnings... Intercept Pharmaceuticals (ICPT), down 4% after filing to sell 1M common shares, including 400,000 for shareholders.
News For MNKD;AMZN;XLRN;CELG;ICPT;ENVI;AGEN;GSK;VEEV;APOL;MYGN;AGU;CRY;AAPL From The Last 14 Days
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May 11, 2015
16:00 EDTAAPLOptions Update; May 11, 2015
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15:54 EDTGSKGlaxo CEO defends strategy, warns of risks of chasing higher prices, FT says
GlaxoSmithKline (GSK) CEO Andrew Witty defends the company's shift in focus from high-priced prescription drugs to higher volume, but lower priced, products, warning that chasing ever-higher prices risks undermining the industry and may create "its own tension that leads to some kind of change,” reported Financial Times, citing an interview. Witty acknowledges the company's asset swap with Novartis (NVS) opens the door to a potential break up, but argues there are benefits to keeping pharmaceuticals, vaccines and consumer goods together and there would be “no logic” in a split at this early time after the Novartis deal, the report added. Reference Link
14:57 EDTAAPLUSPTO sides with Apple, says certain claims of VirnetX 'unpatentable'
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12:51 EDTMNKDOn The Fly: Top stock stories at midday
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12:17 EDTAAPLApple mulls expansion of key Irish plant, Independent. ie says
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11:37 EDTAAPLApple expanding renewable energy projects in China
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11:24 EDTAAPLUBS says Apple Watch could become 'must-have' device, but not yet
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09:59 EDTMNKDOn The Fly: Analyst Downgrade Summary
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09:56 EDTAAPLIDC: Apple leads smartphone vendors in China during Q1
IDC’s latest Mobile Phone Tracker shows the China smartphone market contracted by 4% year-on-year with 98.8M units shipped in the first quarter of 2015. This is the first time in six years that the China smartphone market declined YoY as the market continues to mature. On a QoQ basis, the market contracted 8% on the back of a large inventory buildup at the end of last year. The study said Apple (AAPL) was the top smartphone vendor in China in the first quarter, with consumers still having a strong appetite for the larger screens on the iPhone 6 and iPhone 6 Plus. Xiaomi slipped to the second position as it faced strong competition from other vendors in the low to mid-range segment of the market, while Huawei maintained third position as it saw a good uptake in the mid-range segment. Samsung (SSNLF) and Lenovo (LNVGY) both led the market at least once last year, but rankings have since changed quickly, highlighting the volatility of consumers' brand preference in China. Reference Link
09:37 EDTAAPLActive equity options trading on open
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09:21 EDTMNKDOn The Fly: Pre-market Movers
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09:03 EDTAMZNAmazon.com to open fulfillment center in Carteret, NJ
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08:41 EDTAAPLApple Watch may become 'must have' as interface to internet, says UBS
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07:23 EDTAGUAgrium price target lowered to $126 from $138 at Susquehanna
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06:44 EDTAAPLFiat Chrysler CEO met with Apple, Tesla CEOs, Reuters says
During a trip to California, Fiat Chrysler (FCAU) CEO Sergio Marchionne met with Apple (AAPL) CEO, Tim Cook, and Tesla (TSLA) CEO Elon Musk, reports Reuters, citing Marchionne. Marchionne also vowed that the company would make a stronger attempt in the luxury SUV market, Reuters adds. Reference Link
06:43 EDTMNKDMannKind downgraded to Underweight from Neutral at JPMorgan
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06:11 EDTAMZNStudy: Jet.com has lower prices than Amazon '94% of the time,' WSJ reports
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06:10 EDTICPTIntercept reports Q1 EPS ($1.78), consensus ($1.69)
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05:58 EDTGSKUNC, GlaxoSmithKline create dedicated HIV Cure center
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05:05 EDTAAPLApple announces environmental initiatives in China
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