DailyMarkets.com - Cipher Receives FDA Approval Of Absorica |
- Cipher Receives FDA Approval Of Absorica
- New Leader For McDonald’s APMEA
- Hanesbrands Pinned At Neutral
- CME To Split Stock To Boost Trading
- Earnings Preview: TiVo Inc.
- CHMP Positive On Vertex’s Kalydeco
- IJ Helps Caveman Blogger Fight For Free Speech
- STO Confirms Higher BM-C-33 Yield
- Plethora Of Info In Holiday-Shortened Week
- Stock Market News Briefs: Big Lots, Mentor Graphics, Veriphone Holdings, Tiffany & Co.
- US Dollar Steady Ahead Of Cash Equity Open; CAD Leads Gains
- Chicago Fed: Midwest Manufacturing Is Booming; Midwest April Auto Production Soars To 2007 Level
- Kinross To Divest Crixas Mine
- Greek Elections Minus 20 Days
- Three-day Holiday Rejuvenates Stocks
- Revival Plans Lift Sears To Neutral
- Flowers Foods Matches Estimate
- Upbeat 1Q At AFC, Guidance Upped
- Commodities Aim Higher As Risky Assets Find Support, US Data In Focus
- A Tour Of The NYSE Garage
- NYSE Acronyms (GDP, CPI,PPI)
| Cipher Receives FDA Approval Of Absorica Posted: 29 May 2012 07:43 AM PDT Cipher Receives FDA Approval of Absorica By Jason Napodano, CFA On May 27, 2012, Cipher Pharmaceuticals (T.DND) announced it had received U.S. FDA approval of Absorica, the company’s novel, patented brand formulation of the acne medication isotretinoin, for the treatment of severe recalcitrant nodular acne. …Ranbaxy To Commercialize… We remind investors that in August 2008, the company entered into a distribution and supply agreement with Ranbaxy Pharmaceuticals Inc., under which Cipher … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| New Leader For McDonald’s APMEA Posted: 29 May 2012 07:42 AM PDT McDonald’s Corp.(NYSE:MCD) recently announced the appointment of Dave Hoffmann as the president of the Asia/Pacific, Middle East and Africa (APMEA) region, as Tim Fenton, who currently holds the position is set to become the Chief Operating Officer (COO) of the company, effective July, 1.
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| Posted: 29 May 2012 07:23 AM PDT We are maintaining our Neutral recommendation on Hanesbrands Inc. (NYSE:HBI). Champion and Just My Size brands seized a major share of the market and boosted sales in the recent quarters.
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| CME To Split Stock To Boost Trading Posted: 29 May 2012 07:23 AM PDT Following a display of dissatisfaction with the declining share price by shareholders in the company's annual meeting, CME Group Inc. (NASDAQ:CME) announced a five-for-one stock split last Thursday, with the intention of boosting trading volume. In order to implement the stock split, the company will give a 400% stock dividend to its shareholders. The dividend will be paid on July 20, to shareholders of record as of July 10.
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| Posted: 29 May 2012 07:08 AM PDT TiVo Inc. (NASDAQ:TIVO) is scheduled to release its fiscal first quarter 2013 results after the closing bells on Wednesday, May 30, 2012. In the run up to the earnings release we notice analyst estimates being slightly skewed on the negative side. However, in the last four quarters, TiVo has consistently matched or surpassed analyst estimates by an average of 10.05% and for the present quarter we expect the phenomenon to continue.
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| CHMP Positive On Vertex’s Kalydeco Posted: 29 May 2012 06:48 AM PDT Vertex Pharmaceuticals Inc. (NASDAQ:VRTX) recently announced that the European Committee for Medicinal Products for Human Use (CHMP) has given a positive opinion on the approval of Kalydeco.
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| IJ Helps Caveman Blogger Fight For Free Speech Posted: 29 May 2012 06:44 AM PDT The Institute for Justice asks a very important question: “Can the government throw you in jail for offering advice on the Internet about what food people should buy at the grocery store?” “That is exactly the claim made by the North Carolina Board of Dietetics/Nutrition. In December 2011, diabetic blogger Steve Cooksey started a Dear Abby-style advice column on his popular blog (www.diabetes-warrior.net) to answer reader questions. One month later, the State Board informed Steve that he … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| STO Confirms Higher BM-C-33 Yield Posted: 29 May 2012 06:33 AM PDT Norwegian oil giant Statoil ASA (NYSE:STO) – along with its partners – has upgraded and confirmed that the pre-salt block BM-C-33 in the Campos basin offshore Brazil holds over 1.24 billion barrels of oil equivalent.
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| Plethora Of Info In Holiday-Shortened Week Posted: 29 May 2012 06:33 AM PDT The focus this week likely will remain on the home front, as a slew of market moving economic reports come out, particularly on the last two days of this holiday-shortened week. But Europe will not be far from investors' minds either as concerns about the Spanish government's ability to manage the country's banking sector remain center stage. With respect to Greece, while opinion polls appear to show some of loss of momentum in public support for the anti-austerity Syriza party, it may be … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Stock Market News Briefs: Big Lots, Mentor Graphics, Veriphone Holdings, Tiffany & Co. Posted: 29 May 2012 06:33 AM PDT Big Lots, Inc. (NYSE:BIG) gained 4.3% following reports that it is planning to buy back an additional $200 million of its stock Mentor Graphics Corp. (NASDAQ:MENT) posted first quarter earnings per share of $0.26, beating the Zacks Consensus Estimate of $0.17 Shares of VeriFone Systems, Inc (NYSE:PAY) declined 15.5%, a day after it posted second quarter earnings per share of $0.54, surpassing the Zacks Consensus Estimate of $0.0.53 by a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| US Dollar Steady Ahead Of Cash Equity Open; CAD Leads Gains Posted: 29 May 2012 06:28 AM PDT Fundamental Headlines
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| Chicago Fed: Midwest Manufacturing Is Booming; Midwest April Auto Production Soars To 2007 Level Posted: 29 May 2012 06:22 AM PDT The ChicagoFederal Reserve reported today that its Midwest Manufacturing Index increased 2.4% in April compared to March, following a revised 0.22% monthly decline in March. The April increase was the largest monthly gain in Midwest manufacturing activity since September 2003, more than 8 years ago, and brought the index to the highest level since June 2008, almost four years ago. Here are some highlights of manufacturing activity in the 7th Federal Reserve district that covers … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 29 May 2012 06:14 AM PDT Gold miner Kinross Gold Corporation (NYSE:KGC) announced that it has agreed to sell its 50% interest in Brazil’s Crixas gold mine to AngloGold Ashanti Ltd for $220 million. The transaction is expected to close in the second quarter of 2012 and is subject to the receipt of regulatory approvals.
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| Posted: 29 May 2012 06:12 AM PDT Very important Greek elections on June 17. Greece is on the hook to the ECB for daily funds. Many want to scare the Greek voters to back down from their anti bailout/ECB stance, and they have been trying. If they dont respond to the carrot will the respond to the stick. Bruce Krasting states here : Capital Controls Coming to Greece and Switzerland Extract,… A few weeks ago I wrote about my conversation with a friend in Athens (Link). At the time, he believed that the June 17 election … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Three-day Holiday Rejuvenates Stocks Posted: 29 May 2012 06:00 AM PDT 05/29/12 With investors appearing to be shrugging off eurozone worries, the global markets were trading higher following a three-day holiday weekend in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Revival Plans Lift Sears To Neutral Posted: 29 May 2012 05:58 AM PDT We recently upgraded our long-term recommendation on the cash-strapped broadline retailer Sears Holdings Corporation (NASDAQ:SHLD) to 'Neutral', given its efforts to revamp its organizational structure and operating model in order to overcome its sluggish top-line performances and even weaker bottom-line results.
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| Flowers Foods Matches Estimate Posted: 29 May 2012 05:38 AM PDT Georgia-based Flowers Foods Inc. (FLO) recently reported first-quarter 2012 adjusted earnings of 28 cents per share, in line with the Zacks Consensus Estimate but down 15.2% from the year-ago level of 33 cents. The year-over-year decline in earnings was due to input cost pressure.
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| Upbeat 1Q At AFC, Guidance Upped Posted: 29 May 2012 05:38 AM PDT AFC Enterprises Inc. (NASDAQ:AFCE) posted adjusted earnings of 35 cents per share in the first quarter of 2012, surpassing the Zacks Consensus Estimate of 31 cents as well as the year-ago earnings of 27 cents per share.
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| Commodities Aim Higher As Risky Assets Find Support, US Data In Focus Posted: 29 May 2012 03:58 AM PDT Talking Points Crude Oil, Copper Aim to Follow Stocks Higher as Market Sentiment Recovers Commodity prices are yielding mixed results in European trade as traders wait for guidance from the US economic data set to establish near-term direction cues. May's US Consumer Confidence reading and the Dallas Fed Manufacturing Activity gauge are on tap, with expectations pointing to improvements on both fronts. Broadly … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 28 May 2012 10:00 PM PDT 05/29/12 NYFP’s “This Week in Wall Street History”: Brian Barnier of ValueBridge Advisors gives us an exclusive, in-depth tour of the NYSE … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 28 May 2012 04:00 PM PDT 05/29/12 NYFP’s “Wall Street Lingo”: Todd Schoenberger not only defines, but gives examples of important NYSE … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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