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Stock Market & Financial Investment News

News Breaks
December 3, 2012
09:01 EDTYHOO, DF, SVU, HMA, DELL, MYGN, DECKOn The Fly: Pre-market Movers
HIGHER: Supervalu (SVU), up 11% after WSJ report on Cerberus' options in potential deal... Deckers Outdoor (DECK), up 9% after Sterne Agee upgrade, Jefferies' positive comments... Dell (DELL), up 5% after upgrade to Buy from Sell at Goldman... Dean Foods (DF), up 5% after sale of Morningstar Foods unit for $1.45B... LOWER: Myriad Genetics (MYGN), down 4% after Supreme Court ruling, downgrades at Goldman and Mizuho... Health Management (HMA), down 3% after negative "60 Minutes" report... Yahoo! (YHOO), down 2% after reporting $2.7B non-final judgment in lawsuit in Mexico...
News For SVU;DECK;DELL;DF;MYGN;HMA;YHOO From The Last 14 Days
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December 22, 2014
06:19 EDTYHOOYahoo to remove Creative Commons-licensed images from Flickr Wall Art
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December 19, 2014
17:18 EDTYHOOYahoo reports 16.7% passive stake in Hortonworks
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16:23 EDTSVUSupervalu to provide distribution, transition services to Haggen
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16:08 EDTSVUSafeway, Albertsons confirm agreements to sell 168 stores to four buyers
AB Acquisition LLC and Safeway (SWY) announced that they have entered into agreements, subject to approval by the Federal Trade Commission to sell 168 stores across eight states to four buyers: Associated Food Stores will purchase eight stores in Montana and Wyoming; Associated Wholesale Grocers / Minyards will purchase 12 stores in Texas; SUPERVALU (SVU) will purchase two stores in Washington; and Haggen will purchase 146 stores across Arizona, California, Nevada, Oregon and Washington. Divestiture of these stores is being undertaken in order to secure FTC clearance of the companies' proposed merger, which was announced in March and is expected to close in January 2015. The purchase agreements with the four buyers are all subject to approval by the FTC. Under the terms of the purchase agreements, the buyers will acquire the stores, equipment and inventory, and they intend to hire most, if not all, of the store employees upon the closing of the purchase of the stores.
12:12 EDTMYGNMyriad Genetics receives FDA approval of BRACAnalysis CDx
Myriad Genetics (MYGN) announced that it has received approval from the U.S. FDA for BRACAnalysis CDx to be used as the only companion diagnostic in conjunction with AstraZeneca's (AZN) drug Lynparza. Lynparza is the first poly ADP-ribose polymerase inhibitor for patients with germline mutations in BRCA1/2 advanced ovarian cancer who have had three or more lines of chemotherapy. BRACAnalysis CDx is Myriad's first FDA-approved companion diagnostic for use with a novel PARP inhibitor. BRACAnalysis CDx is a highly accurate molecular companion diagnostic test that identifies deleterious or suspected deleterious mutations in the BRCA1 and BRCA2 genes, using DNA obtained from a blood sample. BRACAnalysis CDx was proven in clinical studies to effectively identify patients with BRCA mutations who would be candidates for Lynparza. The approval of BRACAnalysis CDx demonstrates Myriad's commitment to developing companion diagnostics and is the culmination of an intensive, multiyear scientific collaboration with AstraZeneca to advance personalized medicine for women with ovarian cancer.
10:39 EDTDECKNike leads footwear space lower after futures growth slows
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10:17 EDTMYGNOn The Fly: Analyst Initiation Summary
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07:15 EDTMYGNMyriad Genetics initiated with a Market Perform at Wells Fargo
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December 17, 2014
13:44 EDTYHOOYahoo holders continue push for AOL merger, NY Times reports
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10:23 EDTDECKDeckers Outdoor UGG sales likely to lead to Q3 beat, says Sterne Agee
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10:21 EDTMYGNMyriad denied appeal to block competing breast cancer tests, Bloombeg reports
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December 11, 2014
12:54 EDTMYGNMyriad Genetics management to meet with William Blair
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10:17 EDTYHOOCiti upbeat on Google in face of pending Apple decision on Safari
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08:09 EDTYHOOGoogle shares pricing in loss of Apple search deal, says Citigroup
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December 9, 2014
10:23 EDTSVUOn The Fly: Analyst Downgrade Summary
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06:23 EDTSVUSupervalu downgraded after share outperformance at Oppenheimer
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05:54 EDTSVUSupervalu downgraded to Perform from Outperform at Oppenheimer
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