Month: December 2017

Eli Lilly and Company LLY announced that the FDA has approved the label expansion of its psoriasis drug, Taltz, to include the treatment of active psoriatic arthritis (PsA) in adults. We note that Taltz is presently approved for treating moderate-to-severe plaque psoriasis in adults who can have systemic therapy or phototherapy. The drug has grown more than 50% in the first nine months of 2017 and contributed significantly to revenues and volumes. […]

Denbury Resources Inc. DNR enters a privately negotiated agreement with holders of about $610 million of outstanding senior subordinated notes due 2022 and 2023 in exchange for about $466 million in aggregate principal amount of New Notes. The New Notes comprise about $382 million in aggregate principal amount of new 9.25% Senior Secured Second Lien Notes due 2022 (the “New Second Lien Notes”) and about $85 million in aggregate principal amount of new 3.5% Convertible Senior Notes due 2024 (the “New Convertible Notes”). […]

Humana Inc. HUM recently entered in to a value-based agreement with Einstein Healthcare Network. Per the agreement, both the companies would join forces to offer improved services to Humana’s Medicare Advantage (MA) members. […]

Mylan N.V. MYL and its India-based partner Biocon announced that the FDA has approved their biosimilar version of Roche’s RHHBY Herceptin (trastuzumab). The biosimilar will be available under the tradename of Ogivri and will include all indications of Herceptin in its label including HER-2 positive breast cancer and metastatic stomach cancer […]

PayPal Holdings, Inc. PYPL stated last Friday that it has found proof of data breach at its newly acquired company, TIO Networks. […]

Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value? One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process. […]

Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value? One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process […]

Science Applications International Corporation SAIC will report fiscal third-quarter 2018 earnings on Dec 7 after the bell. Notably, the company’s earnings have beaten the Zacks Consensus Estimate in two of the four trailing quarters, with an average positive surprise of 3.22%. […]

Twitter Inc. TWTR recently rolled out the Twitter Lite application on Alphabet’s GOOGL Android devices in 24 countries across Africa, Asia, Europe, the Middle East and Latin America. Twitter Lite was first introduced by the company in April 2017 for users with poor network speed and limited storage. […]

Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value? […]

Energy infrastructure provider Magellan Midstream Partners, L.P. MMP recently launched an open season to gauge the demand for a new pipeline it is planning to build. The pipeline will carry Permian and Eagle Ford Basin crude and condensate to various market locations in Corpus Christi and Houston, TX. […]

Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value? One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process […]