DailyMarkets.com - AZN Drug Gets Positive Ruling In US
DailyMarkets.com - AZN Drug Gets Positive Ruling In US |
- AZN Drug Gets Positive Ruling In US
- Whole Foods In Neutral Lane
- PPL Corp. Files For Rate Hike
- Carnival To Underperform
- Keating: “US Markets’ Ride Up…depends On Earnings”
- Rockwell Establishes Chinese JV
- Conoco, ONGC In Shale Gas Pact
- PPG Unites With Physical Security
- Women Of The Marcellus
- Sold NUGT @ $17.39
- BNY Mellon FX Case Partly Dismissed
- Polycom Downgraded To Neutral
- Encouraging Data From Edwards
- Oil Rallies On US Data, Equity Rise
- CNO Reveals Buyback, Debt Repayment
- Earnings Preview: Will Jobs Report Make It A Good Friday?
- Myriad Inks Deal With Cephalon
- BP: U.S. Govt. Hiding GoM Facts
- Goldman Offloads Media Co. Stake
- Honda Recalls SUVs
- EA Unveils EURO 2012 Expansion Pack
- US Stocks Turn Mixed On Data
- Online Job Demand Jumps In March; Both Total Ads And New Ads Are Above Pre-Recession 2007 Levels
- Data Pressures Euro, Risk Aversion Rises
- 2011: Most Energy-Efficient Economy In History
- Spectrem Affluent Investor Index Nears 5-Year High
- US Futures Slip On Overseas Manufacturing Data
AZN Drug Gets Positive Ruling In US Posted: 02 Apr 2012 11:55 AM PDT AstraZeneca plc (NYSE:AZN) announced that the US court has declared the formulation patent of Seroquel XR to be valid. The patent covering the formulation of Seroquel XR expires in 2017 in both the EU and the US. The court ruled that the patent was infringed by Anchen Pharmaceuticals, Inc., Osmotica Pharmaceutical Corporation, Torrent Pharmaceuticals Limited, Torrent Pharma Inc., Mylan Pharmaceuticals Inc. and Mylan Inc. (NYSE:MYL). |
Posted: 02 Apr 2012 11:35 AM PDT Being one of the leading natural and organic foods supermarkets, Whole Foods Market Inc. (WFM) with a strong brand image, and marketing and merchandising expertise, offers investors one of the strongest growth profiles in the industry. The stock is poised to surge once the economy revives and demand for healthier and natural food improves. |
Posted: 02 Apr 2012 11:20 AM PDT Diversified utility PPL Corporation (NYSE:PPL) filed for an increase in the electricity rates with the Pennsylvania Public Utility Commission. The rate hike will enable the company to recover the investment made for the development of electricity supply infrastructure and also recover the high operating costs. If approved, the requested hike will result in an annual revenue growth of $104.6 million or 2.9%. |
Posted: 02 Apr 2012 11:05 AM PDT We recently downgraded our rating on Miami-based Carnival Corp. (NYSE:CCL) from Neutral to Underperform. |
Keating: “US Markets’ Ride Up…depends On Earnings” Posted: 02 Apr 2012 11:00 AM PDT 04/02/12 James E. Coffey Securities’ Gregory Keating discusses expectations for the second quarter and the upcoming earnings … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Rockwell Establishes Chinese JV Posted: 02 Apr 2012 10:55 AM PDT Rockwell Collins Inc. (NYSE:COL) announced that it established a joint venture AVIC Leihua Rockwell Collins Avionics Company. The JV was formed with China Leihua Electronic Technology Research Institute, or LETRI, a unit of Aviation Industry Corp. of China, or AVIC. |
Conoco, ONGC In Shale Gas Pact Posted: 02 Apr 2012 10:40 AM PDT ConocoPhillips (NYSE:COP) and India's state-owned company Oil & Natural Gas Corp. ("ONGC") inked an agreement for the exploration of unconventional resources inside and off the east coast of India and in North America. |
PPG Unites With Physical Security Posted: 02 Apr 2012 10:25 AM PDT PPG Industries Inc. (NYSE:PPG) announced that its marine and protective coatings business has collaborated with Physical Security for the application of PPG's Mil-Tough BR polyurea coating. The coating is expected to assist customers in satisfying the requirements of the U.S. Department of Defense Unified Facilities Criteria and the Interagency Security Committee Physical Security Criteria for Anti-Terrorism Force Protection (ATFP). |
Posted: 02 Apr 2012 10:25 AM PDT “Today, Energy In Depth released “Women of the Marcellus”, the video above that highlights how Marcellus Shale development is re-uniting and strengthening families across Pennsylvania. While many have seen and heard by now of the obvious economic benefits and consumer savings made possible thanks to responsible Marcellus development, this video highlights the stories of three families whose lives have been made materially better owing to these opportunities. From a dairy farmer in Troy who … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Posted: 02 Apr 2012 10:25 AM PDT Earlier this morning I sold my entire position in Direxion’s Gold Miners Bull 3X ETF at $17.39. I was fortunate to earn 8.2% on this one day trade. My TSI Trading record has been … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
BNY Mellon FX Case Partly Dismissed Posted: 02 Apr 2012 10:10 AM PDT On Friday, a U.S. district judge in San Francisco dismissed certain foreign exchange (FX) pricing-related allegations against The Bank of New York Mellon Corporation (NYSE:BK), thereby providing a huge relief to the company. The judge discharged five out of nine claims regarding over-charging the FX transactions while the remaining four were transferred to different state courts. |
Posted: 02 Apr 2012 10:00 AM PDT We downgrade our recommendation on Polycom Inc. (NASDAQ:PLCM) to Neutral backed by our assessment that the global unified collaborative solutions market is becoming immensely competitive day by day and Polycom is yet to fix its sales execution problems in the North American region. The company's fourth quarter of 2011 financial results outpaced the Zacks Consensus Estimates.Despite facing competitive pressure from Cisco, Polycom's Network Infrastructure Systems businesses grew 39% in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Posted: 02 Apr 2012 09:45 AM PDT Last week, Edwards Lifesciences (NYSE:EW) presented positive long-term data from Cohort A of the PARTNER Trial. The aim of the study was to evaluate patients considered to be at high risk for surgery who were treated with either surgical aortic valve replacement or the Sapien transcatheter heart valve ("THV"). Data from the study were published in the New England Journal of Medicine and simultaneously presented at a conference in Chicago. |
Oil Rallies On US Data, Equity Rise Posted: 02 Apr 2012 04:39 AM PDT 04/02/12 Oil futures turned positive in mid-morning trading Monday after being down earlier in the day, following the lead set in the equity … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
CNO Reveals Buyback, Debt Repayment Posted: 02 Apr 2012 09:25 AM PDT CNO Financial Group Inc. (NYSE:CNO) has announced the repurchase of approximately 2.44 million shares in the first quarter of 2012, representing a hike from 2.35 million shares bought back in the prior quarter. During the first quarter, the company spent $18.9 million in aggregate for the share buyback at an average price of $7.75 per share. |
Earnings Preview: Will Jobs Report Make It A Good Friday? Posted: 02 Apr 2012 09:15 AM PDT |
Myriad Inks Deal With Cephalon Posted: 02 Apr 2012 09:15 AM PDT The recent agreement with Cephalon is another attempt by Myriad Genetics (NASDAQ:MYGN) to establish itself as a strong player in the companion diagnostic market. Cephalon is a subsidiary of Teva Pharmaceuticals (NASDAQ:TEVA). Under the agreement, Myriad will conduct BRCA1 and BRCA2 mutation testing on patients with Bracanalysis before being enrolled in a phase I/II clinical study. Over the recent past, the company has entered into similar agreements with players such as Abbott (NYSE:ABT), Astra … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
BP: U.S. Govt. Hiding GoM Facts Posted: 02 Apr 2012 08:58 AM PDT BP Plc (NYSE:BP) has alleged the U.S. government of concealing proofs that may reveal that the 2010 Deepwater Horizon oil spill in the Gulf of Mexico was not as massive as claimed by the federal officers. |
Goldman Offloads Media Co. Stake Posted: 02 Apr 2012 08:58 AM PDT According to Reuters, on Friday, Goldman Sachs Capital Partners, a private equity unit of The Goldman Sachs Group Inc. (NYSE:GS) agreed to sell-off its 16% stake in Arizona-based Village Voice Media, as this privately held media corporation is likely running a sex trafficking platform. The company owns weekly alternative newspapers, including The Village Voice, which gets published in the New York City. |
Posted: 02 Apr 2012 08:25 AM PDT Honda Motor Co. (NYSE:HMC) revealed that it would recall 554,000 units of CR-V compact SUVs and Pilot large SUVs due to a problem with their headlight wiring. The CR-Vs belong to the 2002–2004 model year and Pilots to 2003. |
EA Unveils EURO 2012 Expansion Pack Posted: 02 Apr 2012 08:10 AM PDT Catching the EURO 2012 fever, Electronic Arts Inc. (EA) recently announced the launch of UEFA EURO 2012, a paid digital expansion pack for gamers that already own FIFA Soccer 12. The game is scheduled for release on April 24 in North America and Europe and on April 25, 2012 in other countries around the world. |
Posted: 02 Apr 2012 08:02 AM PDT 04/02/12 US stocks turned mixed following a better-than-expected ISM manufacturing reading and weak construction spending data. In this holiday shortened week, key US data and central bank rate decisions will be coming … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Online Job Demand Jumps In March; Both Total Ads And New Ads Are Above Pre-Recession 2007 Levels Posted: 02 Apr 2012 07:28 AM PDT From today’s Conference Board report on online labor demand: “Online advertised vacancies rose 246,300 in March to 4,669,600, according to The Conference Board Help Wanted OnLine (HWOL) Data Series released today. The March rise is the fourth consecutive monthly rise. The Supply/Demand rate stands at 2.9 unemployed for every vacancy; however, nationally there are still 8.4 million more unemployed than advertised vacancies. "The March sharp rise in labor demand continued to narrow the gap … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Data Pressures Euro, Risk Aversion Rises Posted: 02 Apr 2012 02:00 AM PDT 04/02/12 Weak European manufacturing data led investors to remain cautious on higher-yielding currencies … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
2011: Most Energy-Efficient Economy In History Posted: 02 Apr 2012 06:57 AM PDT The Energy Information Administration reports that it took only 7.32 thousand BTUs of energy to produce each dollar of real GDP in 2011, making last year’s economy the most energy-efficient in history (see chart). Energy consumption per dollar of output in 2011 was 2% less than 2010 (7.47 thousands BTUs), and half of the energy required in 1979 (14.79 thousand … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Spectrem Affluent Investor Index Nears 5-Year High Posted: 02 Apr 2012 06:25 AM PDT MSNBC — “The Spectrem Group announced last week that its Spectrem Affluent Investor Confidence Index jumped 10 points in March to 5, the highest level in nearly five years (yellow line in graph above). The Index measures the investment confidence and outlook of households with $500,000 or more in investable assets. This is the seventh consecutive month that the Index has posted a gain. The Spectrem Millionaire Investor Confidence Index gained six points to 10, the highest reading in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
US Futures Slip On Overseas Manufacturing Data Posted: 02 Apr 2012 01:00 AM PDT 04/02/12 With manufacturing reports out of China and Europe pointing to slowing growth, stock futures slipped … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
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