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February 1, 2012
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| 06:20 EDT |  | PRXL |
| theflyonthewall.com: | PAREXEL partners with Korea's ASAN Medical Center for drug development programs |
 Subscribe for More Information :theflyonthewall.com |
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January 31, 2012
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| 16:25 EDT |  | PRXL |
| 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 |
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January 30, 2012
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| 16:10 EDT |  | PRXL |
| | 16:08 EDT | | PRXL |
| 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 EDT | | PRXL |
| | 16:04 EDT | | PRXL |
| theflyonthewall.com: | PAREXEL reports Q2 EPS 23c vs. consensus 23c | | Reports Q2 revenue $387.8M vs. consensus $334.24M :theflyonthewall.com |
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