News Breaks |
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| September 6, 2012 |
| 10:41 EDT |  | TMH, TINY, CSII, MTGE, GEVA, OREX, GERN, CIT, SNSS, ISIS, DNDN, ARNA, RIGL | On The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: American Capital Mortgage (MTGE) initiated with a Buy at Wunderlich... Arena Pharmaceuticals (ARNA) initiated with an Underperform at Credit Suisse... CIT Group (CIT) initiated with a Perform at Oppenheimer... Cardiovascular Systems (CSII) initiated with an Outperform at Leerink... Dendreon (DNDN) initiated with a Buy at WallachBeth... Geron (GERN) initiated with a Market Perform at JMP Securities... Harris & Harris (TINY) initiated with a Buy at Ascendiant Capital... Isis Pharmaceuticals (ISIS) initiated with a Market Perform at JMP Securities... Orexigen (OREX) initiated with an Outperform at Credit Suisse... Rigel Pharmaceuticals (RIGL) initiated with an Outperform at Leerink... Sunesis Pharmaceuticals (SNSS) initiated with an Outperform at Leerink... Synageva BioPharma (GEVA) initiated with an Overweight at Piper Jaffray... Team Health (TMH) initiated with an Outperform at Wells Fargo. |
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News For MTGE;ARNA;CIT;CSII;DNDN;GERN;TINY;ISIS;OREX;RIGL;SNSS;GEVA;TMH From The Last 14 Days Check below for free stories on MTGE;ARNA;CIT;CSII;DNDN;GERN;TINY;ISIS;OREX;RIGL;SNSS;GEVA;TMH the last two weeks. |
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| June 19, 2013 |
| 12:22 EDT |  | OREX, ARNA | Outlook for obesity drug coverage has improved, says Leerink
Leerink notes that the VA started covering Vivus' (VVUS) Qsymia in April, while a bipartisan group of lawmakers will introduce a bill today to make Medicare begin covering weight-loss drugs. Meanwhile the AMA has labeled obesity a disease for the first time, Leerink added. The firm believes that the community will begin treating obesity as a disease, and it thinks that recent events could enable weight loss drug makers to exceed its estimates. The firm reiterates Outperform ratings on weight loss drug makers Vivus, Arena (ARNA), and Orexigen (OREX). |
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| 09:49 EDT |  | ARNA, OREX | Weight loss drug makers rise after AMA calls obesity a disease
Makers of anti-obesity drugs are advancing after the American Medical Association designated obesity as a disease. WHAT'S NEW: The AMA recognized obesity as a disease yesterday. Obesity "requires a range of medical interventions," and the treatment and prevention of the condition must be advanced, the organization stated. The AMA's decision will help change the way doctors deal with obesity, AMA board member Patrice Harris, M.D, stated. TODAY'S PRICE ACTION: In early trading, Arena Pharmaceuticals (ARNA) rose 2% to $7.65, while VIVUS (VVUS) climbed 2.4% to $14.10 and Orexigen (OREX) inched up 0.3% to $6.40. |
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| 06:52 EDT |  | OREX, ARNA | AMA recognizes obesity as disease. NY Times reports
The American Medical Association, or AMA, has officially recognized obesity as a disease, The New York Times reported yesterday. The decision could cause more insurance companies to pay for obesity treatments and spur more doctors to take more steps to combat the condition, the newspaper stated. The AMA overrode a recommendation by a committee that had recommended against making the change, the newspaper noted. Reference Link |
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| 05:39 EDT | | CIT | CIT Group orders 30 737 MAX 8s from Boeing
Boeing (BA) and CIT Group (CIT) announced that CIT Aerospace has placed an order for 30 737 MAX 8s. As of March 31, CIT owned or financed a fleet of approximately 350 commercial aircraft, including operating lease and financing agreements in place for 128 Boeing aircraft. |
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| June 18, 2013 |
| 19:07 EDT | | MTGE | On The Fly: After Hours Movers
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| 17:06 EDT | | MTGE | American Capital Mortgage cuts dividend to 80c from 90c per share
American Capital Mortgage announced that its board of directors has declared a cash dividend of 80c per share for Q2. The dividend is payable on July 26 to common shareholders of record as of June 28 with an ex-dividend date of June 26. |
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| 07:28 EDT |  | SNSS | Wells Faro to host a conference
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| June 17, 2013 |
| 06:36 EDT |  | CIT | CIT Group upgraded to Buy from Hold at Drexel Hamilton
Drexel Hamilton upgraded CIT Group following expansion of its recently announced buyback program and a potential dividend near-term. |
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| June 14, 2013 |
| 08:11 EDT | | ARNA | Arena Pharmaceuticals management to meet with Leerink
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| June 13, 2013 |
| 10:45 EDT | | TINY | Harris & Harris sees up to $15M in proceeds from sale of Xradia
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| 07:55 EDT | | DNDN | Dendreon investors should remain on sidelines, says RW Baird
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| 07:13 EDT | | SNSS | Sunesis announces DSMB recommends continuation of vosaroxin VALOR Phase 3 trial
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| June 12, 2013 |
| 10:04 EDT | | DNDN | Dendreon management to meet with Needham
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| June 11, 2013 |
| 11:29 EDT | | CIT | CIT Group CFO sees room for more capital returns to investors
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| 07:30 EDT | | CIT | Morgan Stanley to host a conference
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| 05:56 EDT | | ARNA | Arena Pharmaceuticals price target raised to $12.50 from $9 at Piper Jaffray
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| June 10, 2013 |
| 07:04 EDT | | ISIS | Xenon licenses antisense drug SEN701 from Isis Pharmaceuticals
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| June 7, 2013 |
| 09:27 EDT | | ARNA | On The Fly: Pre-market Movers
HIGHER: Concurrent (CCUR), up 9.2% after doubling its dividend... Christopher & Banks (CBK), up 9.1% after quarterly earnings, revenue beat expectations... Gamestop (GME), up 2.5% after Microsoft (MSFT) clarifies how games licensing will works on upcoming Xbox One system... Arena (ARNA), up 1.7% after saying Belviq weight-loss drug available in U.s. next week, triggering milestone payment. LOWER: TiVo (XXX), down 18.7% after announcing patent litigation with Google's (GOOG) Motorola, Cisco (CSCO) and Time Warner Cable (TWC), doubles stock buyback authorization... Iron Mountain (IRM), down 17.2%, Lamar Advertising (LAMR), down 8.3%, Equinix (EQIX), down 7.8%, CBS (CBS), down 2.1%, after IRS forms working group on REIT issues, which could delay some of those companies plans for or consideration of REIT conversion... Intel (INTC), down 0.8% following downgrade to Underweight at Piper Jaffray. |
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| 08:17 EDT | | ARNA | Arena says BELVIQ available in U.S. pharmacies within one week
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| 08:17 EDT | | ARNA | Arena Pharmaceuticals achieves $65M in milestones with Belviq U.S. launch
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