Stock Analysts

Key FDA Events to Watch Out for in Aug 2017

The FDA, which approved 22 treatments last year, has given its approval to 26 drugs so far in 2017 including 3 in July. Key approvals this year include Gilead’s Vosevi (hepatitis C virus), Puma’s Nerlynx (to reduce the risk of breast cancer returning), J&J’s Tremfya (moderate-to-severe plaque psoriasis), Regeneron/Sanofi’s Kevzara (rheumatoid arthritis), Roche’s multiple sclerosis treatment, Ocrevus, Regeneron and Sanofi’s eczema treatment, Dupixent, Tesaro’s PARP inhibitor, Zejula, and BioMarin’s Brineura (treatment of a specific form of Batten disease) among others. […]

Technicals

BP plc (BP) Earnings Beat, Revenues Miss Estimates in Q2

London, England-based BP plc BP is one of the world's major energy companies, providing its customers with fuel for transportation, energy for heat and light, retail services and petrochemical products. The Upstream business is focused mainly in the U.S., with significant presence in the Caribbean, Africa, Europe, the Middle East and Asia-Pacific. […]

Mergers & Acquisitions

Innophos To Acquire Novel Ingredients To Create A Nearly $0.5 Billion Food, Health And Nutrition Platform

Innophos To Acquire Novel Ingredients To Create A Nearly $0.5 Billion Food, Health And Nutrition Platform Advances Vision 2022 Growth Strategy and Enhances Innovation Expands Innophos’ Offering in High-Growth Nutrition End-Markets Company Anticipates Cost and Tax Synergies of Approximately $15 Million PR Newswire CRANBURY, N.J., Aug. 1, 2017 CRANBURY, N.J. […]

Stock Analysts

Southwestern Energy (SWN) Q2 Earnings: What’s in the Cards?

Independent energy firm, Southwestern Energy Company SWN , is set to report second-quarter 2017 results on Aug 4, after the closing bell. Last quarter, the company had delivered earnings of 18 cents per share that beat the Zacks Consensus Estimate of 17 cents. Notably, the company incurred a loss of 8 cents in the year-ago quarter […]

Stock Analysts

Healthcare Q2 Earnings Due on Aug 2: HUM, PRXL, MOH, TDOC

Second-quarter earnings have already crossed the halfway mark. As of Jul 28, 286 S&P 500 companies reported results with strong earnings numbers. Per the latest Earnings Preview , total earnings for the 286 S&P 500 members, constituting 68.8% of the index’s total market capitalization, are up 11.3% year over year on a 6.1% rise in revenues […]

Stock Analysts

Waste Management Stocks’ Q2 Earnings Due on Aug 2: CLH, ADSW

The earnings season is well past the half-way stage with about 286 S&P 500 companies having already released their results till Jul 28. Reconfirming broad-based expectations of better-than expected results, total earnings of these 286 firms (accounting for 68.8% of the index’s total market capitalization) are up 11.3% year over year on 6.1% higher revenues, with 74.5% beating earnings estimates and 69.2% surpassing top-line expectations. Based on the hitherto observed pattern, second-quarter 2017 is anticipated to register high single-digit percentage earnings growth on a year-over-year basis […]