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Stock Market & Financial Investment News

News Breaks
March 19, 2013
06:36 EDTPTXPernix Therapeutics downgraded to Hold from Buy at Cantor
Cantor downgraded Pernix Therapeutics following the company's weaker than expected Q4 results and 2013 outlook. The firm lowered its price target for shares to $7 from $15.
News For PTX From The Last 14 Days
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May 13, 2013
07:48 EDTPTXPernix Therapeutics shares could rebound on good execution, says Stifel
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May 10, 2013
08:18 EDTPTXPernix Therapeutics appoints Michael Pearce as President and CEO
The company announced that the Board of Directors has appointed Mike Pearce, Pernix’s Chairman of the Board, to President and CEO of Pernix. Pearce will also remain as Chairman of the Board, but will step down as a member of the company’s Audit Committee. Cooper Collins will remain on the Board of Directors and serve as the company’s Chief Strategic Officer.
08:17 EDTPTXPernix Therapeutics sees FY13 revenue $90M-$100M, consensus $124.47M
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08:15 EDTPTXPernix Therapeutics reports Q1 EPS with items (23c), consensus (1c)
Reports Q1 revenue $22.1M, consensus $28.01M. Reports Q1 adjusted EBITDA ($1.4M), or (4c) per share.

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