Stock Analysts

Pfizer’s JAK1 Inhibitor Meets All Goals in 2nd Phase III Study

Pfizer Inc. PFE announced that its investigational oral JAK1 inhibitor abrocitinib has met all co-primary and key secondary endpoints in the second pivotal phase III study (B7451013). The candidate is being evaluated as a monotherapy for the treatment of moderate-to-severe atopic dermatitis (AD) also known as eczema in patients aged 12 years and above […]

Technicals

Odonate Therapeutics Enters Oversold Territory

Odonate Therapeutics, Inc. ODT has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock. And for technical investors there is some hope when looking at ODT given that, according to its RSI reading of 28.84, it is now in oversold territory […]

Technicals

Catalyst Biosciences Enters Oversold Territory

Catalyst Biosciences, Inc. CBIO has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock. And for technical investors there is some hope when looking at CBIO given that, according to its RSI reading of 23.73, it is now in oversold territory […]

Stock Analysts

KB Home (KBH) Expands Presence in Pacific Northwest Region

After opening the first community — Falling Water in Bonney Lake — in the Seattle area, KB Home KBH has plans to open its second and third new-home communities, thereby expanding presence in the Pacific Northwest region. These new-home communities, namely Cascade Vista in Spanaway and Ridgecrest in Kent, will give buyers the ability to personalize their homes from homesites and floor plans to design features. […]

Stock Analysts

AstraZeneca/Merck’s Lynparza Improves PFS in Frontline Study

AstraZeneca AZN presented detailed data from a phase III study evaluating the company’s and Merck’s MRK PARP inhibitor, Lynparza, for a broader advanced ovarian cancer patient population at the European Society of Medical Oncology (ESMO) congress in Barcelona, Spain The PAOLA-1 study evaluated Lynpazra as a first-line maintenance treatment in combination with Roche’s RHHBY Avastin (bevacizumab) versus Avastin alone in women suffering from advanced ovarian cancer regardless of their biomarker status or surgical outcome. Data from the study showed that Lynparza improved progression-free-survival (PFS), or the time the abovementioned women lived without disease progression, to a median of 22.1 months versus 16.6 months in the Avastin arm in the broad population. Lynparza added to bevacizumab reduced the risk of disease progression or death by 41% in the overall patient population. […]

Stock Analysts

Will Ongoing Recall Woes Take a Toll on Auto Companies?

Recalls are rampant in the auto industry across the globe and a steep rise has been noticed in recent years, according to the National Highway Traffic Safety Administration. Frequent recalls not only result in significant financial expenses and lower vehicle resale value, but also involve reputational costs. Recalls on the Rise: Here’s Why With cars becoming more high tech than ever, recalls have been rising […]

Stock Analysts

Glaxo’s Zejula Betters PFS in First-Line Ovarian Cancer Study

GlaxoSmithKline plc GSK presented positive detailed data from the phase III PRIMA study evaluating its PARP inhibitor, Zejula (niraparib), as monotherapy for maintenance therapy of women with first-line ovarian cancer who have received platinum-based chemotherapy. Data demonstrated that Zejula, when given as monotherapy, significantly reduced the risk of disease progression or death by 38%, irrespective of biomarker status. […]

Mergers & Acquisitions

Rubenstein Partners and Monarch Alternative Capital Acquire Lindbergh Center in Atlanta for $187 Million

Rubenstein Partners and Monarch Alternative Capital Acquire Lindbergh Center in Atlanta for $187 Million Joint venture purchases mixed-use complex from Columbia Property Trust; Class-A Transit Oriented Development Connected to Lindbergh Station on MARTA Rail System PR Newswire ATLANTA, Sept. 30, 2019 ATLANTA , Sept. 30, 2019 /PRNewswire/ — Rubenstein Partners, L.P […]

Stock Analysts

MoneyGram Teams Up With Agricultural Bank to Expand in Egypt

MoneyGram International, Inc. MGI , a leading global money transfer company, has announced a partnership with Agricultural Bank of Egypt (ABE), one of the biggest agricultural banks in Arabian countries and the Middle East. Per the pact, MoneyGram will provide money transfer services at the bank's 1,210 branches throughout the country. […]