Month: July 2011

FDA Approval

Cadence Pharmaceuticals Reaffirms FDA-Approved Dosing Recommendations for OFIRMEV (acetaminophen) Injection

July 28, 2011 0

Cadence Pharmaceuticals Reaffirms FDA-Approved Dosing Recommendations for OFIRMEV (acetaminophen) Injection PR Newswire SAN DIEGO, July 28, 2011 SAN DIEGO , July 28, 2011 /PRNewswire/ — Cadence Pharmaceuticals, Inc. (NASDAQ: CADX) today confirmed that the U.S. Food and Drug Administration (FDA) approved dosing recommendations for OFIRMEV (acetaminophen) injection remains 4,000 mg per day for adults and adolescents weighing at least 50 kg. […]

Codexis Reports Second Quarter 2011 Results

July 28, 2011 0

Codexis Reports Second Quarter 2011 Results Introduces CodeXol™ Detergent Alcohols PR Newswire REDWOOD CITY, Calif., July 28, 2011 REDWOOD CITY, Calif. , July 28, 2011 /PRNewswire/ — Codexis, Inc. (Nasdaq: CDXS) today announced introduction of the CodeXol™ detergent alcohol product line, and announced financial results for the second quarter ended June 30, 2011 . […]

Stock Analysts

CONSOL Again Excels (BTU) (CNX)

July 28, 2011 0

CONSOL Energy Inc. ( CNX ) fall again on the back of record revenue growth at the company’s Coal Division, which saw a rise for five quarter in a row. Adjusted earnings of 96 cents per share for the second quarter of 2011 matched the Zacks Consensus EPS forecast […]

Stock Analysts

Symantec Reports Strong 1Q (CRM) (MSFT) (SYMC) (VMW)

July 28, 2011 0

Symantec Corporation ( SYMC ) reported earnings per share of 37 cents in the first quarter of 2012, handily beating the Zacks Consensus Estimate of 33 cents. Revenue Symantec reported first quarter 2012 GAAP revenue of $1.65 billion, up 15.0% from $1.43 billion reported in the year-ago quarter. […]

Stock Analysts

Meredith Beats on Bottom Line (MDP) (WMT)

July 28, 2011 0

Meredith Corporation ( MDP ) recently posted fourth-quarter 2011 results that exceeded the Zacks Consensus Estimate on the heels of healthy demand for non-political advertising at its Local Media groups, increased readership and online traffic, strength witnessed in Integrated Marketing and Brand Licensing, and effective cost management. The quarterly earnings of 67 cents per share outpaced the Zacks Consensus Estimate of 65 cents but fell 5.6% from 71 cents delivered in the prior-year quarter. […]

Stock Analysts

International Paper Beats on EPS (IP) (MWV) (WY)

July 28, 2011 0

International Paper Co. ( IP ) reported second quarter EPS of 80 cents, compared with earnings of 42 cents in the prior-year quarter and outperformed the Zacks Consensus Estimate of 66 cents. After including special items of 28 cents per share, net earnings amounted to 52 cents per share versus 21 cents per share in the prior year quarter. […]

Stock Analysts

Life Disappoints on All Fronts (ILMN) (LIFE) (TMO)

July 28, 2011 0

Life Technologies Corporation ( LIFE ) reported an EPS of 89 cents in the second quarter of fiscal 2011, missing the Zacks Consensus Estimate by 5 cents and reporting 2 cents lower than the year-ago quarter. Shares of the company were down by 9.11% in pre-market trading. […]

Stock Analysts

ABC Tops EPS, Raises Outlook (ABC) (CAH) (MCK)

July 28, 2011 0

AmerisourceBergen Corporation ’s ( ABC ) third quarter fiscal 2011 earnings of 66 cents per share surpassed the Zacks Consensus Estimate of 59 cents a share. Earnings also increased 26.9% from the year-ago period. Higher revenues and a lower share count helped boost the bottom line. […]

Stock Analysts

Ball Corp. In Line on EPS (AA) (BLL)

July 28, 2011 0

Ball Corporation ( BLL ) reported its reported second-quarter 2011 adjusted earnings of 85 cents per share, in line with the Zacks Consensus Estimate. Results comfortably beat the year ago earnings of 69 cents. Adjusted earnings were $145.1 million, up 13% from $128.8 million in second-quarter 2010 […]

Stock Analysts

Wisconsin Energy Ahead on EPS (WEC) (XEL)

July 28, 2011 0

Energy utility, Wisconsin Energy Corporation ( WEC ) reported net operating earnings of 41 cents per share for the second quarter of 2011, significantly beating the Zacks Consensus Estimate of 39 cents and well above the year-ago quarter's operating earnings of 37 cents. Wisconsin Energy’s better-than-expected quarterly results came on the back of additional income from its ‘Power the Future’ plan, offset slightly by mild weather during the period. Total Revenue Wisconsin Energy's total revenue of $992 million in the second quarter of 2011 showed 11.3% growth from $891 million in the year-ago comparable period. […]

Mergers & Acquisitions

/C O R R E C T I O N — Sterling & Sterling, Inc./

July 28, 2011 0

/C O R R E C T I O N — Sterling & Sterling, Inc./ PR Newswire WOODBURY, N.Y., July 28, 2011 In the news release, Sterling & Sterling, Inc. Expands its Aviation Industry Practice, issued 28-Jul-2011 by Sterling & Sterling, Inc. over PR Newswire, we are advised by the company that references to Ascend Insurance Services should be Ascend Insurance Resources, Inc […]