Saturday, August 13, 2011

DailyMarkets.com - CytRx Reports Second Quarter 2011 Financial Results

DailyMarkets.com - CytRx Reports Second Quarter 2011 Financial Results


CytRx Reports Second Quarter 2011 Financial Results

Posted: 12 Aug 2011 09:50 PM PDT

Grant Zeng, CFA
CytRx Reports Second Quarter 2011 Financial Results

On August 9, CytRx (CYTR) reported second quarter 2011 financial results.

Licensing revenue was $150,000 for the second quarter of 2011 and the Company did not report revenue for the second quarter of 2010.

Research and development (R&D) expenses were $1.9 million for the second quarter of 2011 and included development expenses for the Company's programs of $0.9 million for INNO-206, $0.1 million for bafetinib and $0.3 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


CytRx Is Poised For Growth

Posted: 12 Aug 2011 09:50 PM PDT

Grant Zeng, CFA
CytRx Reports Second Quarter 2011 Financial Results

On August 9, CytRx (CYTR) reported second quarter 2011 financial results.

Licensing revenue was $150,000 for the second quarter of 2011 and the Company did not report revenue for the second quarter of 2010.

Research and development (R&D) expenses were $1.9 million for the second quarter of 2011 and included development expenses for the Company's programs of $0.9 million for INNO-206, $0.1 million for bafetinib and $0.3 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


The Week Ahead: US Data – NY Empire State Manufacturing, Housing Starts, Industrial Production, CPI, PPI, Existing Home Sales; Earnings – Deere, Dell, Gap, Hewlett-Packard, Home Depot, Lowe’s, Target, Wal-Mart

Posted: 12 Aug 2011 09:00 PM PDT

08/13/11 The stories, data, and stocks that may have the greatest impact during the next trading … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Monetary Policy Week In Review – 13 August 2011

Posted: 12 Aug 2011 08:44 PM PDT

The past week in monetary policy was rocked by the turmoil in global sentiment in the wake of the US sovereign credit rating downgrade, and heightened concerns about contagion in the European sovereign debt crisis.  In all, 11 central banks reviewed monetary policy rates, with the following banks adjusting rates: Qatar -50bps to 4.50%, Mozambique -50bps to 16.00%, and Belarus +200bps to 22.00%.  Meanwhile the following central banks held interest rates unchanged: Rwanda 6.00%, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


The Mark Of A Tired Nation: Today’s Retirees Pay Less Than 50% Of Their Lifetime Medicare Benefits

Posted: 12 Aug 2011 08:41 PM PDT

“Since the New Deal — and especially since the Great Society — America has chosen an accelerating transfer of wealth from young to old. Some of this was necessary and desirable. Many seniors face a period of economic struggle toward the end of life, which entitlements have effectively, compassionately eased.

But longer lives have extended this period of dependence, while health-care inflation has dramatically increased the cost of the Medicare entitlement. According to Andrew Biggs of the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


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