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Stock Market & Financial Investment News

News Breaks
October 1, 2013
09:17 EDTMRK, AIXG, LXRX, RH, WAG, EDG, MYGN, BTN, PSTIOn The Fly: Pre-market Movers
HIGHER: Merck (MRK), up 3% after announcing restructuring plans, including intent to cut about 20% of workforce by end 2015... Lexicon (LXRX), up 21% after achieving positive clinical trial results for potential diabetes drug... Edgen Group (EDG), up 57% after agreeing to be acquired by Sumitomo Corp. for $12.00 per share... Myriad Genetics (MYGN), up 11% after Piper Jaffray says should be bought on any weakness and stock upgraded at Ladenburg... Ballantyne Strong (BTN), up 6% after acquiring Convergent Media Systems... Pluristem (PSTI), up 5% after PLX cells demonstrate efficacy in preclinical study for GvHD. LOWER: Walgreens (WAG), down 0.5% after Q4 earnings report... Aixtron (AIXG), down 4% after downgrade at Canaccord... Restoration Hardware (RH), down 3% after holder CP Home files to sell about 4M shares.
News For MRK;AIXG;LXRX;RH;WAG;EDG;MYGN;BTN;PSTI From The Last 14 Days
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October 17, 2014
07:16 EDTMYGNMyriad Genetics receives draft medicare coverage for Prolaris
Myriad Genetics announced that Palmetto GBA, a Medicare Administrative Contractor, or MAC, that assesses molecular diagnostic technologies, has issued a draft local coverage determination, or LCD, for Prolaris, Myriad's prostate cancer test. The LCD is posted to the Medicare Coverage Database on the Centers for Medicare & Medicaid Services, or CMS, website and establishes the coverage policy for Medicare beneficiaries. The current language in the draft LCD provides reimbursement coverage for the approximately 50% of prostate cancer patients defined as low and very low risk. Under Medicare rules, the draft LCD is subject to a minimum 45-day public comment period. After comments are considered, a final LCD is issued, which goes into effect after a minimum 45-day notification period.
07:14 EDTMYGNMyriad Genetics sees FY15 EPS $1.90-$2.00, consensus $1.93
Backs FY15 revenue guidance of $800M-$820M, consensus 804.15M.
07:14 EDTMYGNMyriad Genetics sees Q1 adjusted EPS 25c, consensus 41c
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07:00 EDTMYGNMyriad Genetics trading halted, pending news
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October 16, 2014
10:01 EDTRHOn The Fly: Analyst Initiation Summary
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07:21 EDTRHRestoration Hardware initiated with a Buy at Deutsche Bank
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October 15, 2014
12:42 EDTMRKNY AG announces $31M Medicaid settlement with Organon
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09:57 EDTMRKLeerink biotech analysts hold an analyst/industry conference call
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October 14, 2014
16:42 EDTPSTIPluristem Therapeutics files $200M mixed securities shelf
11:23 EDTMRKBIND Therapeutics and The Conference Forum hold a conference
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06:03 EDTWAGWalgreen implied volatility of 27 at lower end of index mean range
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October 13, 2014
07:37 EDTMRKAmerican Society of Anesthesiologists to hold annual meeting
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06:41 EDTWAGWalgreens to roll out Apple Pay on October 18, MacRumors reports
Walgreens (WAG) will begin rolling out Apple Pay (AAPL) on Saturday, October 18, according to a memo obtained by MacRumors. Reference Link
06:13 EDTWAGWalgreen implied volatility of 25 at lower end of index mean range
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October 10, 2014
17:06 EDTAIXGAllianz Global Investors reports 10.3% passive stake in Aixtron
06:04 EDTWAGWalgreen implied volatility of 24 at lower end of index mean range
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October 9, 2014
14:54 EDTMYGNCapital World Investors reports 10.5% passive stake in Myriad Genetics
09:41 EDTRHBofA/Merrill retail analysts hold an analyst/industry conference call
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08:32 EDTMRKMerck HCV solutions becoming more credible, says Bernstein
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06:54 EDTRHRestoration Hardware initiated with an Outperform at Raymond James
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