Month: January 2016

Supplemental health and life insurer Aflac Inc. AFL is scheduled to release fourth-quarter 2015 financial results after the closing bell on Feb 1. Last quarter, this health insurer delivered a 5.4% positive earnings surprise, and the average beat for the trailing four quarters is 0.86%. […]

Changyou.com Limited CYOU is set to report fourth-quarter 2015 results on Feb 1. Last quarter, the company delivered a positive earnings surprise of 181.8%. […]

Mexico's Secretariat of Communications and Transport (SCT) is set to initiate an auction for 700 MHz nationwide shared broadband network today. These wireless spectrums were freed after all TV signals were converted from analog to digital across the nation by the end of 2015. […]

Bristol-Myers Squibb Company BMY announced that the European Commission has expanded the use of Daklinza, in combination with Gilead Sciences Inc.’s GILD Sovaldi (sofosbuvir), to include three new patient populations for the treatment of chronic hepatitis C (HCV). The approval allows the Daklinza-Sovaldi combination to be used with or without ribavirin, depending on the indication and HCV genotype, to treat HCV patients with decompensated cirrhosis, HIV-1 (human immunodeficiency virus) coinfection, and post-liver transplant recurrence of HCV. […]

Hillenbrand Inc. HI is set to report first-quarter fiscal 2016 results on Feb 3. […]

The highly lucrative and competitive hepatitis C virus (HCV) market is back in focus with Merck & Co. Inc. MRK gaining FDA approval for Zepatier – a once-daily, fixed-dose combination of elbasvir (50 mg; NS5A inhibitor) and grazoprevir (100 mg; NS3/4A protease inhibitor) for the treatment of adults suffering from chronic HCV genotype (GT) 1 or GT4 infection with or without ribavirin. […]

SIRIUS XM Holdings Inc. ( SIRI ) is scheduled to release fourth-quarter 2015 results on Feb 2, before market opens. Last quarter, SIRIUS XM recorded a 0.00% surprise […]

LyondellBasell Industries LYB is set to release its fourth-quarter 2015 results ahead of the bell on Feb 2. Last quarter, the Netherlands-based chemical giant delivered a 9.8% positive earnings surprise. However, its revenues fell by double-digits year over year and missed expectations […]

Affiliated Managers Group Inc. AMG is scheduled to release fourth-quarter and 2015 results on Feb 2, before the market opens. In the preceding quarter, Affiliated Managers’ economic net income (“ENI”) per share surpassed the Zacks Consensus Estimate. […]

AstraZeneca plc AZN announced that the FDA has granted Breakthrough Therapy designation to its PARP inhibitor, Lynparza (olaparib), for the monotherapy treatment of BRCA1/2 or ATM gene mutated metastatic castration resistant prostate cancer (mCRPC) in patients who have received a prior taxane-based chemotherapy and at least one newer hormonal agent (Zytiga or Xtandi). We note that Breakthrough Therapy designation requires preliminary clinical evidence demonstrating that a drug may have substantial improvement over available therapy on at least one clinically significant endpoint. The status for Lynparza in this patient population means that the FDA will speed up the review of submission of data within 60 days of receipt. […]

Earnings reports from Sony Corp SNE , Microsoft Corp MSFT and Electronic Arts EA dominated headlines this week. Apart from earnings, Sony was in the news with its announcement of consolidation of all of its PlayStation hardware, software and network operations under one roof — Sony Interactive Entertainment. […]

The Dow experienced a volatile week, guided once again by oil prices and earnings results. The index moved lower on Monday following a decline in crude prices after the oil ministry of Iraq said that the country has produced a record volume of oil last month. […]

In the midst of the fourth-quarter 2015 earnings season, carriers seem to have a fresh challenge to cope with. The spread of the mosquito-borne Zika virus in more than 20 countries, particularly in South and Central America, has set off alarm bells causing many carriers to offer rescheduling/refunds for tickets purchased for travel to areas where the virus is now wreaking havoc. […]

We expect Roper Technologies, Inc. ROP to beat expectations when it reports fourth-quarter 2015 results on Feb 1, 2016. […]

Top U.S telecom service providers Verizon Communications Inc. VZ and AT&T Inc. T , along with a host of globally renowned telecom operators like Deutsche Telekom, SK Telecom and others, have joined the Open Compute Project that is spearheaded by Facebook Inc […]

Exelixis, Inc. EXEL announced that the FDA has accepted the company’s rolling New Drug Application (NDA) application for cabozantinib for review. […]