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Stock Market & Financial Investment News

News Breaks
May 8, 2014
07:23 EDTCAH, BAYRY, ANAC, ABT, UHS, CYH, ALXN, AUXL, BLUE, OVASDeutsche Bank to hold a conference
39th Annual Healthcare Conference is being held in Boston on May 7-8 with webcasted company presentations to begin on May 8 at 8 am; not all company presentations may be webcasted. Webcast Link
News For OVAS;CYH;ANAC;BLUE;UHS;BAYRY;AUXL;ABT;CAH;ALXN From The Last 14 Days
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November 12, 2014
10:00 EDTOVAS, CYHOn The Fly: Analyst Downgrade Summary
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09:01 EDTCYH, UHSNurses expected to protest, strike over Ebola protection, Reuters says
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08:18 EDTBAYRYUBS to hold a conference
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08:13 EDTOVASBoston Biotech to hold a conference
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07:10 EDTOVASOvaScience downgraded to Neutral from Outperform at Wedbush
Wedbush downgraded OvaScience to Neutral due to valuation.
07:08 EDTBLUEbluebird bio reports Q3 EPS (61c), consensus (50c)
Reports Q3 revenue $6.37M, consensus $6.21M.
06:22 EDTBAYRYZoetis price target raised to $49 from $44 at Citigroup
Citigroup raised its price target for Zoetis (ZTS) shares to $49 after activist Pershing Square confirmed the accumulation of a 10% stake in the company. Citi thinks Pershing is interested in advocating for a sale of Zoetis, potentially to Valeant (VRX) if its bid for Allergan (AGN) fails. Citi believes others, including Bayer (BAYRY), could be interested in acquiring Zoetis. It keeps a Buy rating on the stock.
05:32 EDTCYH, UHSHospital sector downgraded to Market Weight at Wells Fargo
Wells Fargo downgraded the Hospital group to Market Weight from Overweight saying the Supreme Court's decision to hear the King v. Burwell case as well as the government's reduced expectations for exchange enrollment in 2015 are likely to remain an overhang on the sector through at least the end of June. Along with the group cut, Wells downgraded shares of HCA Holdings (HCA) and Community Health (CYH) to Market Perform from Outperform. The firm keeps Market Perform ratings on Acadia (ACHC), LifePoint Hospitals (LPNT), Tenet (THC) and Universal Health (UHS).
05:28 EDTCYHCommunity Health downgraded to Market Perform from Outperform at Wells Fargo
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November 11, 2014
12:29 EDTCAHCardinal Health management to meet with William Blair
Meeting to be held in Toronto on November 12 hosted by William Blair.
08:15 EDTCYH, UHSUniversal Health recent pullback a buying opportunity, says Leerink
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November 10, 2014
16:07 EDTBAYRYUBS to hold a conference
UBS European Conference is being held in London, England on November 11-12.
15:54 EDTALXNAmerican Society of Nephrology to hold a conference
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15:53 EDTCYHCredit Suisse to hold a conference
Healthcare Conference is being held in Scottsdale, Arizona on November 10-13 with webcasted company presentations to begin on November 11 at 10:30 am; not all company presentations may be webcasted. Webcast Link
09:20 EDTALXNJPMorgan biotech analyst to hold an analyst/industry conference call
U.S. SMid Biotech Analyst Rama, along with Key Opinion Leader Dr. Hickman Simmons from Vanderbilt University, discuss Alexion Pharmaceuticals' Asfotase Alfa and Hypophosophatasia on an Analyst/Industry conference call to be held on November 11 at 11 am.
07:48 EDTOVASOvaScience files $150M mixed securities shelf
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07:32 EDTOVASOvaScience reports Q3 EPS (54c), consensus (45c)
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07:19 EDTCAH, CYHCredit Suisse to hold a conference
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07:08 EDTBLUEbluebird bio names James DeTore as CFO, treasurer
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06:31 EDTALXNAlexion announces planned retirement of co-founder, COO Stephen Squinto
Alexion announced the planned retirement of company co-founder Stephen Squinto, effective January 1, 2015. Squinto currently serves as Executive Vice President, Chief Global Operations Officer. He co-founded Alexion in 1992 with Leonard Bell, M.D., the Company’s principal founder and current Chairman and Chief Executive Officer.
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