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Stock Market & Financial Investment News

News Breaks
February 4, 2014
11:22 EDTARRY, FENG, JRCC, SBAC, CNQRHigh option volume stocks: SBAC FENG CNQR JRCC ARRY
News For SBAC;FENG;CNQR;JRCC;ARRY From The Last 14 Days
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March 2, 2015
07:37 EDTSBACSBA Communications price target raised to $137 from $124 at Canaccord
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07:36 EDTSBACRBC downgraded SBA Communications on valuation
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06:34 EDTSBACSBA Communications downgraded to Outperform from Top Pick at RBC Capital
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February 26, 2015
16:28 EDTSBACSBA Communications sees FY15 discretionary cash expenditures $509M-$529M
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16:27 EDTSBACSBA Communications sees FY15 revenue $1.626B-$1.671B, consensus $1.67B
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16:27 EDTSBACSBA Communications sees Q1 revenue $403M-$413M, consensus $403.92M
16:25 EDTSBACSBA Communications reports Q4 EPS 0c, consensus 2c
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15:30 EDTSBACNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Monster Beverage (MNST), consensus 59c... Ross Stores (ROST), consensus $1.11... Gap (GPS), consensus 74c... Autodesk (ADSK), consensus 24c... Universal Health Services (UHS), consensus $1.50... Southwestern Energy (SWN), consensus 50c... Ensco (ESV), consensus $1.36... J.C. Penney (JCP), consensus 11c... Nimble Storage (NMBL), consensus (14c)... Herbalife (HLF), consensus $1.22... Allscripts Healthcare (MDRX), consensus 9c... SBA Communications (SBAC), consensus 2c... Aruba Networks (ARUN), consensus 27c... Splunk (SPLK), consensus 4c... Air Lease (AL), consensus 61c... Ingram Micro (IM), consensus 99c... Weight Watchers (WTW), consensus 7c... Northern Oil and Gas (NOG), consensus 19c... Envision Healthcare (EVHC), consensus 36c... Infoblox (BLOX), consensus 5c... Live Nation (LYV), consensus (41c)... OmniVision (OVTI), consensus 29c... Bonanza Creek Energy (BCEI), consensus 27c.
February 23, 2015
11:17 EDTARRYFTC puts conditions on Novartis's proposed acquisition of GSK oncology drugs
According to the FTC, Global pharmaceutical company Novartis (NVS) has agreed to divest all assets related to its BRAF and MEK inhibitor drugs, currently in development, to Boulder, Colorado-based Array BioPharma (ARRY) to settle charges that Novartis’s $16B acquisition of GlaxoSmithKline’s (GSK) portfolio of cancer-treatment drugs would likely be anticompetitive...If the acquisition goes forward as proposed, Novartis would likely delay or terminate development of both its BRAF and MEK inhibitors, as well as the combination product. For that reason, Novartis’s acquisition of GSK’s portfolio of cancer-treatment drugs would likely cause significant competitive harm in the U.S. markets for both the BRAF and MEK inhibitors, ultimately raising prices for consumers and depriving them of potentially superior products. Under the terms of the proposed consent agreement, Novartis is required to provide transitional services to Array BioPharma to ensure that development of the BRAF and MEK inhibitors continues uninterrupted and that competition in BRAF and MEK inhibitor markets is not reduced. Reference Link

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