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June 16, 2014
05:55 EDTTEVA, TEVA, TEVA, TEVA, JNJ, JNJ, JNJ, JNJ, NSI, NSI, NSI, NSI, CUR, CUR, CUR, CUR, ALKS, ALKS, ALKS, ALKS, ITCI, ITCI, ITCI, ITCI, TRGT, TRGT, TRGT, TRGT, ADHD, ADHD, ADHD, ADHD, AZN, AZN, AZN, AZN, LLY, LLY, LLY, LLYAmerican Society of Clinical Psychopharmacology to hold annual meeting
54th Annual Meeting of ASCP to be held in Hollywood, Florida on June 16-19.
News For TEVA;AZN;ADHD;TRGT;ITCI;ALKS;CUR;NSI;JNJ;LLY From The Last 14 Days
Check below for free stories on TEVA;AZN;ADHD;TRGT;ITCI;ALKS;CUR;NSI;JNJ;LLY the last two weeks.
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July 14, 2014
15:37 EDTTRGTTargacept resumes trading, down 12% following study failure
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15:24 EDTJNJNotable companies reporting before tomorrow's open
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15:19 EDTJNJ Johnson & Johnson July 105 straddle priced for 1.6% move into Q2
15:13 EDTTRGTTargacept to resume trading at 3:35 pm ET
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15:08 EDTTRGTTargacept confirms Alzheimer’s trial does not show superiority of TC-1734
Targacept announced top-line results from a Phase 2b monotherapy clinical trial of TC-1734 as a treatment for mild to moderate Alzheimer’s disease. In the trial, TC-1734 did not meet the objective of showing superiority to donepezil, the marketed medication most often prescribed for Alzheimer’s disease, after 52 weeks of treatment. The trial did not include a placebo arm and was not designed to determine whether TC-1734 is equivalent to donepezil. The co-primary endpoints for the study were measures of cognitive function and global function. Consistent with previous clinical results, TC-1734 exhibited a benign safety and tolerability profile. Targacept President and CEO Dr. Stephen A. Hill said, “We are disappointed for Alzheimer’s disease patients and their families. We designed a rigorous study to provide a definitive answer on whether TC-1734 could be a better treatment option than the current standard of care in what has been a very difficult disease area for the development of novel therapeutics. Based on these results, we do not intend to invest in further development of TC-1734.” Analyses of the full dataset from the trial are ongoing and Targacept plans to present and publish more detailed results over the coming months, the company said.
15:08 EDTTRGTTargacept does not intend to invest in further TC-1734 development
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15:08 EDTTRGTTargacept confirms Alzheimer’s trial does not show superiority of TC-1734
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14:37 EDTTRGTTargacept Alzheimer's study said to fail, TheStreet's Feuerstein says
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14:36 EDTTRGTTargacept halted for trading following reports of study failure
14:32 EDTTRGTTargacept halted for volatility after dropping 16% to $3.71
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14:27 EDTJNJEarnings Preview: J&J pharmaceutical sales expected to drive Q2
Johnson & Johnson (JNJ) is scheduled to report second quarter earnings before the market open on Tuesday, July 15, with a conference call scheduled for 8:30 am ET. Johnson & Johnson, together with its subsidiaries, is engaged in the research and development, manufacture, and sale of various products in the health care field worldwide. EXPECTATIONS: Analysts are looking for earnings per share of $1.55 on revenue of $18.94B, according to First Call. The consensus range for EPS is $1.45-$1.61 on revenue of $18.55B-$19.30B. LAST QUARTER: Johnson & Johnson reported first quarter EPS of $1.54 against estimates of $1.48 on revenue of $18.1B against estimates of $18B. The drug maker raised its fiscal year EPS view to $5.80-$5.90 against a consensus estimate of $5.83. J&J noted a 3.2% decrease in worldwide consumer sales in Q1 but saw a 10.8% increase in worldwide pharmaceutical sales. Primary contributors to operational sales growth in Q1 pharmaceutical sales were Stelara, Invega, Sustenna/Xeplion, Prezista, Velcade and sales of new products. Pharmaceutical sales results were negatively impacted by loss of exclusivity for Aciphex, a proton pump inhibitor for gastrointestinal disorders and Concerta for the treatment of attention deficit hyperactivity disorder. STREET RESEARCH: On July 14, RBC Capital raised its Q2 estimates for Johnson & Johnson to reflect the firm's outlook for higher pharmaceutical sales by the company. The firm raised its price target on the shares to $110 from $106 and kept an Outperform rating on the stock. PRICE ACTION: Shares of Johnson & Johnson are up approximately 8.5% since its last earnings report, and are trading near flat in afternoon trading.
12:24 EDTJNJJohnson & Johnson technical notes before earnings
The company is scheduled to report before market open on July 15th. The shares in the prior three months have risen by more than 8%, anticipating positive news for the current and forthcoming quarters. At the current price of $105.39, the only remaining established resistance on the daily chart is at the life high of $106.74. If the news and guidance is better than expected, a run to $110, or $115 at an extreme, would be possible. If the news fails to meet expectations or guidance is weak, support would be at $102.70, the 50-day moving average. A break below this uptrend support proxy would be a sell signal in many technical trading systems and would break an uptrend in place since early March of this year. On a sliding scale of increasingly weaker news, supports would next be at $99.96, and then at $96.87.
09:15 EDTADHDAlcobra management to meet with Maxim
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08:30 EDTJNJJohnson & Johnson should be bought on any weakness, says RBC Capital
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08:11 EDTADHDAlcobra completes patient recruitment in Phase III clinical trial of MDX
Alcobra announced that recruitment of patients has been completed in the company's Phase III clinical trial of Metadoxine Extended Release, or MDX, in adult ADHD patients. The study is a 300-patient, randomized, placebo-controlled trial conducted at 18 sites in the United States and 2 in Israel. Patients were randomized to receive either 1400 mg MDX or placebo over 6 weeks following a 2-week screening period. The primary endpoint is the Conners' Adult ADHD Rating Scale, or CAARS-INV, a widely accepted clinical measure of the presence and severity of ADHD symptoms. Secondary endpoints include the computerized TOVA, or Test of Variables of Attention, which was also used in the previous Phase 2 studies, as well as safety assessments and additional exploratory endpoints.
08:04 EDTTEVATeva announces FDA acceptance of NDA filing for albuterol MDPI
Teva Pharmaceuticals Industries announced that the U.S. Food and Drug Administration has accepted for review the company’s new drug application for albuterol multi-dose dry-powder inhaler, an investigational breath-actuated dry-powder inhaler for the treatment or prevention of bronchospasm in patients 12 years of age and older with reversible obstructive airway disease; and for the prevention of exercise-induced bronchospasm in patients 12 years of age and older. The NDA filing includes data from eight clinical studies that evaluated the safety and efficacy of albuterol MDPI in adults and adolescents with asthma and exercise-induced bronchospasm. The NDA for albuterol MDPI has been accepted by the FDA for standard review, with a FDA Regulatory Action expected in March 2015.
07:23 EDTLLYAlzheimer's Association to hold a conference
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July 13, 2014
13:11 EDTLLYLilly study finds combination therapy better in removing amyloid-beta protein
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July 11, 2014
07:38 EDTALKSHouse Energy & Commerce Committee to hold a hearing
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07:36 EDTJNJJohnson & Johnson Q2 EPS likely to exceed expectations, says Bernstein
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