Stocks & ETFs

Abbott Laboratories Reports Q1 Beat

Abbott Laboratories Reports Q1 Beat

April 19, 2017 at 12:04 pm 0 comments

Abbott Laboratories reported a Q1 adjusted earnings of $0.48 per diluted share compared with an income of $0.41 per share a year ago, beating the $0.43 average EPS estimate from analysts polled by Capital IQ. Shares rose almost 3% in pre-market. Total revenue surged to $6.34 billion from $4.89 billion a year ago, coming in above the $6.16 billion consensus.Read More

Anthera Pharmaceuticals Completes Dosing in Phase 2

Anthera Pharmaceuticals Completes Dosing in Phase 2

April 10, 2017 at 11:31 am 0 comments

Anthera Pharmaceuticals has completed patient dosing in its randomized, double-blind, placebo controlled, phase 2 BRIGHT-SC study of blisibimod in patients with IgA nephropathy (IgAN), the company said Monday. Shares were up 8.7% or three cents in recent pre-market trade. IgA nephropathy (IgAN, also known as Berger’s disease) is the most common cause of primary glomerulonephritis worldwide, occurring more frequently inRead More

Flexion Therapeutics Drops

Flexion Therapeutics Drops

April 7, 2017 at 3:05 pm 0 comments

Flexion Therapeutics shed almost 4% after Raymond James reportedly said the company’s naming Yamo Deniz, a former Sanofi (SNY) executive, as its chief medical officer as a sign rumors Sanofi was interested in Flexion were false. Two weeks ago, FiercePharma reported the board of Flexion had voted to accept a non-binding offer from Sanofi that valued the Flexion at aRead More

KVH Industries Wins Contract

KVH Industries Wins Contract

April 5, 2017 at 11:53 am 0 comments

KVH Industries, a manufacturer of solutions that provide high-speed Internet, television and voice services through satellite to mobile users, said Wednesday that it has received a $3.5 million order for its TACNAV tactical navigation systems for use by an unnamed international military customer. The TACNAV military vehicle navigation systems provide unjammable precision navigation, heading, and pointing data for vehicle drivers,Read More

Qualcomm Appoints James Thompson as Chief Technology Officer

Qualcomm Appoints James Thompson as Chief Technology Officer

March 29, 2017 at 12:48 pm 0 comments

Qualcomm said early Wednesday it has named James Thompson as chief technology officer in addition to his current role as executive vice-president of engineering of Qualcomm Technologies. Thompson will replace Matt Grob, who will remain executive vice-president at Qualcomm Technologies and continue to report to CEO Steve Mollenkopf. In addition to leading QCT engineering, as CTO, Thompson will align theRead More

Ford Motor Company Shares Gain

Ford Motor Company Shares Gain

March 28, 2017 at 12:17 pm 0 comments

Ford Motor Company shares were up 2.8% after the company said it is investing $1.2 billion in three Michigan manufacturing facilities. The car maker it is investing $850 million in Michigan Assembly Plant to retool the plant to build the all-new Ford Ranger and Ford Bronco. Employees at Michigan Assembly Plant will begin building Ranger at the end of 2018Read More

Philip Morris Unveils Positive Results on Clinical Study

Philip Morris Unveils Positive Results on Clinical Study

March 27, 2017 at 11:41 am 0 comments

Philip Morris International reported pre-market Monday positive results from a clinical study conducted in Japan on its first electronically heated tobacco product IQOS. The study showed that smokers who switched to the product reduced their exposure to 15 harmful chemicals to levels that approached those of individuals who quit smoking. The study also showed improvements in indicators specific to smoking-relatedRead More