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Stock Market & Financial Investment News

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June 25, 2014
06:09 EDTLULU, VRTXStocks with implied volatility below IV index mean; LULU VRTX
Stocks with implied volatility below IV index mean; lululemon (LULU) 33, Vertex (VRTX) 112.
News For VRTX;LULU From The Last 14 Days
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May 17, 2015
13:46 EDTVRTXVertex reports Orkambi data, says 'significant improvements' in primary endpoint
Vertex Pharmaceuticals announced that the New England Journal of Medicine published data from the two phase 3 studies of Orkambi, or lumacaftor/ivacaftor, a medicine designed to treat the underlying cause of cystic fibrosis in people ages 12 and older with two copies of the F508del mutation. In November 2014, Vertex submitted an NDA to the FDA for the combination of lumacaftor and ivacaftor. On May 12th, the FDA’s Pulmonary Allergy Drugs Advisory Committee voted 12-1 to recommend approval of Orkambi for people ages 12 and older with two copies of the F508del mutation. The FDA is expected to make a decision by July 5. The New England Journal reports that the studies enrolled 1108 patients who underwent randomization and received Orkambi. In both studies, there were significant improvements in the primary end point in both lumacaftor–ivacaftor dose groups. The difference between active treatment and placebo with respect to the mean absolute improvement in the percentage of predicted FEV ranged 2.6%-4%, which corresponded to a mean relative treatment difference of 4.3 to 6.7%. Pooled analyses showed that the rate of pulmonary exacerbations was 30%-39% lower than in the placebo group. The rate of events leading to hospitalization or the use of intravenous antibiotics was also lower. The incidence of adverse events was generally similar to the placebo group.
May 15, 2015
12:47 EDTLULUAppeals court dismisses lululemon yoga pants lawsuit, Reuters reports
A lawsuit accusing lululemon of defrauding shareholders by failing to reveal the sheerness of its black Luon yoga pants has been properly dismissed by a U.S. appeals court, Reuters reports. The court ruled that "Insofar as the defendants are alleged to have omitted information from Lululemon's corporate website, filings with the SEC, press releases, or investor calls, the has failed adequately to plead with particularity that these omissions rendered the defendants' statements inaccurate, incomplete, or misleading or that the defendants were otherwise under a duty to disclose such information." Reference Link
09:31 EDTVRTXAmerican Thoracic Society to hold a conference
ATS 2015 Conference is being held in Denver on May 15-20.
May 14, 2015
11:06 EDTLULUOptions with increasing implied volatility
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May 13, 2015
11:22 EDTLULUOptions with increasing implied volatility
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09:49 EDTLULUlululemon April channel checks appear strong, says Bernstein
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07:19 EDTVRTXVertex shares should have upward momentum in near-term, says JMP Securities
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07:02 EDTLULUlululemon announces resignation of EVP, Global Retail Delaney Schweitzer
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May 12, 2015
17:54 EDTVRTXOn The Fly: After Hours Movers
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16:49 EDTVRTXVertex resumes after-hours trading, shares up 5.6% to $131.00
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16:20 EDTVRTXVertex to resume trading at 14:45
16:19 EDTVRTXVertex confirms FDA panel voted 12-to-1 to recommend approval of Orkambi
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16:16 EDTVRTXVertex confirms FDA panel voted 12-to-1 to recommend approval of Orkambi
16:16 EDTVRTXPiper Jaffray remains confident in approval for Vertex
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15:43 EDTVRTXFDA panel votes 12 to 1 that data supports Orkambi approval
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15:35 EDTVRTXFDA panel votes unanimously that data support Orkambi safety
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15:32 EDTVRTXFDA panel inconclusive on if Lumacaftor contributes to Orkambi effectiveness
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10:28 EDTLULUOptions with increasing implied volatility: YELP HUM LULU CTRX
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10:23 EDTVRTXVertex shares halted while FDA panel meeting takes place
07:58 EDTVRTXFDA Pulmonary-Allergy Drugs Advisory Committee to hold a meeting
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