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June 25, 2014
10:00 EDTOSUR, RHHBYOraSure raises Q2 EPS view to 1c-2c from (8c)-(9c), consensus (9c)
As a result of the $5.5M payment expected from Roche Diagnostics (RHHBY), OraSure (OSUR) reaffirmed its projected range of consolidated net revenues of $26.0M-$26.5M and is now projecting consolidated net income of approximately 1c-2c per share for Q2, the company stated earlier. The payment from Roche will be recorded as a reduction of the company's operating expenses, OraSure noted. Q2 consensus prior to OraSure's update on Substance Abuse Testing business was (9c) for EPS and $26.2M for revenue.
News For OSUR;RHHBY From The Last 14 Days
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September 17, 2014
12:50 EDTOSUROraSure management to meet with Jefferies
Meetings to be held on Los Angeles/San Francisco on September 22-23 hosted by Jefferies.
11:00 EDTRHHBYRoche CEO rules out megadeals, focused on bolt-on acquisitions, WSJ says
Roche CEO Severin Schwan said the company won't change its acquisition strategy following the recent deals made or abandoned in the pharmaceutical sector, reports the Wall Street Journal. In an interview with WSJ, Shwan said, "We have been very consistent in our approach to M&A." Regarding transformational deal-making, he said, "We have no intention to do that, whatever happens in the industry." Reference Link
07:43 EDTRHHBYBofA/Merrill to hold a conference
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September 16, 2014
07:31 EDTRHHBYEuropean Association for Study of Diabetes to hold annual meeting
50th Annual Meeting of EASD to be held in Vienna, Austria on September 15-19.
September 10, 2014
13:04 EDTRHHBYRoche unit receives orphan status for lung cancer mutation drug
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September 8, 2014
07:15 EDTRHHBYIBC Life Sciences to hold a conference
10th Annual Cell Line Development & Engineering Conference to be held in Berkeley, California on September 8-10.
September 5, 2014
13:07 EDTRHHBYRoche has a conference call hosted by JPMorgan
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