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Week In Review: WuXi AppTec Acquires US-Global Clinical CRO
Article By: ChinaBio® Today
Saturday, October 21, 2017 5:25 PM EDT
WuXi AppTec, China's largest CRO/CMO, will acquire a global clinical-stage contract research company, ResearchPoint Global, of Austin,Texas. WuXi said the acquisition would extend its CRO network around the world.
In this article: AZN, HCM, RVX, FGEN
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Cleveland-Cliffs Drops After Seeing 'Softer Q4' Amid Volume Cuts, Higher Costs
Article By: The Fly
Friday, October 20, 2017 4:51 PM EDT
Shares of iron ore miner Cleveland-Cliffs are falling after reporting third-quarter earnings per share of 18c, widely missing analyst expectations of 32c per share.
In this article: CLF Also: BHP, VALE
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Procter & Gamble (PG) Tops Q1 Earnings & Revenues
Article By: Zacks Investment Research
Friday, October 20, 2017 11:00 AM EDT
The Procter & Gamble Company reported core earnings of $1.09 per share, beating our consensus estimate of $1.07/share.
In this article: PG
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Ebay Needs To Shape Up
Article By: Sramana Mitra
Friday, October 20, 2017 10:35 AM EDT
During the quarter, eBay repurchased $907 million of its common stock. The company’s cash and cash equivalents and non-equity investments portfolio totaled $11.4 billion at the end of the quarter.
In this article: EBAY Also: AMZN
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Skechers Inc. Shares Run Up In After-Hours On Yesterday's Earnings
Article By: TickerTV
Friday, October 20, 2017 10:25 AM EDT
Skecher's shares reacted swiftly and traded on heavy volume in the after hour session on Thursday. Shares which had traded down -$1.06 and closed at $24.03 in the regular session rocketed higher by +$5.57 or 23% and closed at $29.60.
In this article: SKX
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General Electric Company Q3 2017 Earnings Miss Sinks Shares
Article By: ValueWalk
Friday, October 20, 2017 9:00 AM EDT
General Electric posted adjusted earnings of 29 cents per share on $33.5 billion in revenue, coming up far short of the earnings consensus at 49 cents per share but beating the revenue estimate of $32.71 billion.
In this article: GE
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Morning Call For Friday, Oct. 20
Article By: Jim Van Meerten
Friday, October 20, 2017 8:33 AM EDT
Dec E-mini S&Ps (ESZ17 +0.21%) this morning are up +0.23% at a new record high on optimism that the Trump administration will be able to enact its tax reform plans after the Senate adopted a fiscal 2018 budget resolution by a 51-49 vote.
In this article: GE, HOG, IMPV, NCR, REN, SKX, ATHN, CELG, JBHT, PNFP, WERN, PYPL, TEAM, IMDZ, CAI
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General Electric Plunges 5% After Slashing Guidance
Article By: Tyler Durden
Friday, October 20, 2017 8:07 AM EDT
While it may not have slashed its dividend, yet, General Electric shares plunged 5% in the pre-market after the company cut its 2017 profit forecast while its new CEO grapples with one of the deepest slumps in the iconic US manufacturer’s history.
In this article: GE
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Seattle Genetics Upgraded To Overweight From Equal Weight At Barclays
Article By: The Fly
Friday, October 20, 2017 8:02 AM EDT
Barclays analyst Geoff Meacham upgraded Seattle Genetics to Overweight and raised his price target for the shares to $70 from $60.
In this article: SGEN Also: REGN
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Ignyta Announces Pricing Of Public Offering Of Common Stock
Article By: Business Wire
Friday, October 20, 2017 2:00 AM EDT
Ignyta anticipates using the net proceeds from the offering to fund R&D activities for its development programs, including the clinical development and pre-commercialization activities of entrectinib, and ongoing development of other pipeline assets.
In this article: RXDX
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PayPal Holdings Inc. Q3 2017 Earnings Send Shares Higher After Hours
Article By: ValueWalk
Thursday, October 19, 2017 4:49 PM EDT
PayPal Q3 2017 earnings were released after closing bell tonight, and the company reported non-GAAP earnings of 46 cents per share on $3.239 billion.
In this article: PYPL
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Apple Drags On Nasdaq After Report Of Reduced Iphone 8 Orders
Article By: The Fly
Thursday, October 19, 2017 3:55 PM EDT
Shares of Apple and some of the company's suppliers are sliding after a report by a Taipei newspaper saying the tech giant reduced orders for its iPhone 8 models by over 50% for the remainder of the year due to a lukewarm reception.
In this article: AAPL Also: HNHPF
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Goldman Sachs Cuts Nike Rating Ahead Of Investor Day On Excess Inventory
Article By: The Fly
Thursday, October 19, 2017 12:58 PM EDT
Goldman Sachs analyst Lindsay Drucker Mann downgraded Nike to Neutral as she expects shares to trade in a range as the company works through excess inventory in the U.S.
In this article: NKE Also: ADDYY, GRPN
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BNY Mellon (BK) Beats On Q3 Earnings As Revenues Improve
Article By: Zacks Investment Research
Thursday, October 19, 2017 10:45 AM EDT
Net interest revenue, on a fully taxable-equivalent basis, was $851 million, up 8% year over year. The rise was driven by higher interest rates, partly offset by a fall in average deposits and loans.
In this article: BK Also: STI, STT, FITB
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KeyCorp (KEY) Meets Q3 Earnings Estimates, Revenues Up Y/Y
Article By: Zacks Investment Research
Thursday, October 19, 2017 9:12 AM EDT
Net interest margin up 30 basis point year over year to 3.15%. Provision for credit losses fell 13.6% from the year-ago quarter to $51 million.
In this article: KEY
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Verizon Communications Inc. 3Q17 Earnings Boost Shares
Article By: ValueWalk
Thursday, October 19, 2017 8:51 AM EDT
The mobile carrier and internet service provider reported adjusted earnings of 98 cents per share on $31.72 billion in revenue, compared to the consensus estimates of 98 cents per share and $31.45 billion in revenue.
In this article: VZ
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