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News Breaks
November 9, 2009
06:04 EDTPRXL
theflyonthewall.com: Parexel and Mortara Instrument enter into alliance
Parexel International announced that it has enhanced its cardiac safety capabilities for early phase clinical development through an alliance with Mortara Instrument, Inc., which manufactures and distributes electrocardiogram devices and related technology worldwide. Parexel is using Mortara Instrument's Surveyor Telemetry Central System to supplement its state-of-the-art ECG equipment to support biopharmaceutical companies in improving cardiac safety assessment of new compounds. :theflyonthewall.com



News For PRXL From The Last 14 Days
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February 1, 2012
06:20 EDTPRXL
theflyonthewall.com: PAREXEL partners with Korea's ASAN Medical Center for drug development programs

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January 31, 2012
16:25 EDTPRXL
theflyonthewall.com: On The Fly: Closing Wrap
Stocks on Wall Street were mixed, as the Dow was weighed on by Exxon Mobil (XOM) and Pfizer (PFE), which both sold off following their quarterly reports. Stock futures were higher during the pre-market trading session but weakened slightly following the lower than expected results from the Case/Shiller Home Price survey. The market opened higher but never really gained any upside momentum. Shortly after the open, investors saw the release of the Chicago Purchasing Managers report, which came out well below expectations, followed by a lower than expected consumer confidence reading. The market lost all of its momentum and soon moved into negative territory. The averages drifted higher in the second half of the day, eventually turning mixed, though the Dow was unable to join the Nasdaq in the green... ECONOMIC EVENTS: In the U.S., home prices fell again in November according to the S&P/Case-Shiller index, which showed they declined 1.3% from the previous month. The Chicago Purchasing Managers report reading of 60.2 was below the expected reading of 63.0. The Conference Board's consumer confidence reading of 61.1 also disappointed, as analysts expected a reading of 68.0. In Europe, 25 of 27 EU members, excluding the U.K. and the Czech Republic, agreed in principle on elements of their eventual fiscal union... MARKET NEWS: The slide in shares of Exxon Mobil following its earnings report weighed on the Energy sector and on the Dow. The company's overall earnings and revenue beat estimates but its "downstream" profits plummeted from the same quarter last year... Fellow Dow component Pfizer reported earnings and sales that beat Street expectations but it cut its FY12 view, sending its stock lower... MAJOR MOVERS: Among the notable gainers were PAREXEL (PRXL), up $3.64, or 17.79%, to $24.10, after its Q2 revenues were significantly higher than forecast, and magicJack VocalTec (CALL), up $2.09, or 12.14%, to $19.30, after being initiated with an Outperform rating and $24 price target at Oppenheimer. Noteworthy losers included Polypore (PPO), down $16.26, or 29.92%, to $38.08, after one its customers, Korea's LG Chem, said it plans to enter the battery separator business, and RadioShack (RSH), down $3.05, or 29.81%, to $7.18, following its pre-announcement of Q4 results that fell well below expectations... INDICES: The Dow fell 20.81, or 0.16%, to 12,632.91; the Nasdaq rose 1.90, or 0.07%, to 2,813.84; and the S&P 500 lost 0.61, or 0.05%, to 1,312.40. :theflyonthewall.com
12:16 EDTPRXL
theflyonthewall.com: On The Fly: Mid-Day Wrap

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12:00 EDTPRXL
theflyonthewall.com: PAREXEL rises 18.3%

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10:00 EDTPRXL
theflyonthewall.com: PAREXEL rises 14%

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09:49 EDTPRXL
theflyonthewall.com: PAREXEL gaps up, support at $22.99, a pivot high, with resistance at $24.24

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09:42 EDTPRXL
theflyonthewall.com: Gappers report: Bullish gaps

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09:24 EDTPRXL
theflyonthewall.com: PAREXEL upgraded to Buy from Hold at BB&T

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07:41 EDTPRXL
theflyonthewall.com: PAREXEL price target raised to $28 from $25 at RW Baird

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January 30, 2012
16:10 EDTPRXL
theflyonthewall.com: PAREXEL sees FY12 adjusted EPS $1.09-$1.17 vs. consensus $1.11

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16:08 EDTPRXL
theflyonthewall.com: PAREXEL sees Q3 adjusted EPS 30c-32c vs. consensus 30c
Sees Q3 consolidated service revenue $350M-$358M vs. consensus $347.05M :theflyonthewall.com
16:05 EDTPRXL
theflyonthewall.com: PAREXEL Q2 backlog approximately $3.74B, up 23.8% yoy

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16:04 EDTPRXL
theflyonthewall.com: PAREXEL reports Q2 EPS 23c vs. consensus 23c
Reports Q2 revenue $387.8M vs. consensus $334.24M :theflyonthewall.com