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Stock Market & Financial Investment News

News Breaks
February 13, 2013
16:18 EDTTRGTTargacept sees FY13 revenue approximately $2.4M, consensus $2.95M
Expects its operating expenses for the year ending December 31 to be in the range of $48M-$54M and its cash, cash equivalents and investments balance at December 31 to be at least $135M. In addition, Targacept continues to expect that its current cash resources will be sufficient to meet its operating requirements at least through the end of 2015. This financial guidance includes both cash and non-cash revenue and expense items.
News For TRGT From The Last 14 Days
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December 16, 2014
16:22 EDTTRGTTargacept appoints Mauri Hodges as interim CFO
On December 11 the Board of Directors of Targacept appointed Mauri K. Hodges to serve on an interim basis as the Companyís Vice President, Finance and Administration, CFO and Treasurer, effective immediately. In this role, Hodges will also serve as Targaceptís principal accounting officer. Hodges joined the Company in 2000 and has served in several management roles, including as Vice President, Finance and Controller from 2007 to 2014 and, most recently, as Vice President, Human Resources and Corporate Systems.

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