DailyMarkets.com - First Cohort Of HOT Phase Ib In Solid Tumor Completed
DailyMarkets.com - First Cohort Of HOT Phase Ib In Solid Tumor Completed |
- First Cohort Of HOT Phase Ib In Solid Tumor Completed
- Saks Profit Up On Strong Comps
- CONX: Revenue Hits, Soft GM Impacts Income
- Petrobras Misses As Costs Rise
- J. C. Penney Plunges, Div Shelved
- A Quick Check On May 16 SP500 Breadth Divergences
- Euro Hits 4-month Low Vs Dollar
- Europe Fears Keep Good U.S. News In Check
- Mitsubishi UFJ Reports Profits
- No Soft Landing For Cotton Futures
- Mid-May Key Support Check On India Nifty Index
- ELP 1Q12 Net Earnings Plummet
- Stock Market News Briefs: Amylin Pharmaceuticals, Avon Products, Dick’s Sporting Goods Inc, Home Depot, J.C. Penney Company Holding Company, TJX Companies
- Earnings Surge For Acxiom
- Mixed Bag From Valspar
- Lifeway Beats, Initiates Dividend
- Stocks Gets A Lift From Housing Data
- Hold The Champagne, Alaska Is Still No. 2 For Oil
- SINA Reports Loss In 1Q
- Dick’s Posts Solid 1Q
- Commodities Sold On Greece Woes, May Extend Losses On Fed Minutes
| First Cohort Of HOT Phase Ib In Solid Tumor Completed Posted: 16 May 2012 07:53 AM PDT First Cohort of HOT Phase Ib in Solid Tumor Completed Grant Zeng, CFA On May 15, 2012, Novelos Therapeutics, Inc. (NVLT) announced that it has successfully completed the first cohort in a U.S. multi-center Phase Ib dose-escalation trial of its cancer-targeted molecular radiotherapeutic compound I-131-CLR1404 (HOT) in cancer patients with advanced solid tumors. The first two-patient cohort was successfully dosed with approximately 20 mCi of HOT, triggering enrollment into the second … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Saks Profit Up On Strong Comps Posted: 16 May 2012 07:52 AM PDT Saks Incorporated's(NYSE:SKS) first-quarter 2012 earnings of 19 cents per share increased from the year-ago earnings of 17 cents per share. The Zacks Consensus Estimate for the first quarter of 2012 was 18 cents.
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| CONX: Revenue Hits, Soft GM Impacts Income Posted: 16 May 2012 07:33 AM PDT Q3 2012 Financial Results: Revenue Hits Our Number But Soft Gross Margin Impacts Income Corgenix Medical (CONX) reported financial results for the third fiscal quarter ending March 31, 2012 on May 14th. While revenue of $2.7 million was a quarterly record (+49% y-o-y) and just about dead-on with our $2.8 million estimate, net income (-$190k A vs. $188k E) came in lighter than we expected due to a relatively weak gross margin. Management again adjusted full-year … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Petrobras Misses As Costs Rise Posted: 16 May 2012 07:33 AM PDT Brazil’s state-run energy giant Petroleo Brasileiro S.A., or Petrobras (NYSE:PBR) announced first quarter 2012 earnings of R$9.2 billion or R$0.71 per share, compared with R$11.0 billion or R$0.84 in the year-earlier quarter.
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| J. C. Penney Plunges, Div Shelved Posted: 16 May 2012 07:13 AM PDT Looks like nothing is going in favor of J. C. Penney Company Inc. (NYSE:JCP) and all it efforts are failing to mirror the kind of results that Ron Johnson, the Chief Executive Officer, actually thought of. The company undertook a slew of measures, which include pricing strategies and merchandising initiatives, to become America's favorite store. However, the dismal first-quarter 2012 results dashed those hopes at least for the near term. Also, the news of suspension of the quarterly dividend of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| A Quick Check On May 16 SP500 Breadth Divergences Posted: 16 May 2012 07:01 AM PDT As we start Wednesday morning with a bullish gap, let's take a quick step inside the market for a "Breadth Check-up" on the S&P 500. What we're seeing is the S&P 500 Index on the 5-min frame with two Market Internals that show Breadth: $ADD: NYSE Breadth (Advancing Issues minus Declining Issues) Before we discuss the current structure, let's review the most … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Euro Hits 4-month Low Vs Dollar Posted: 16 May 2012 07:00 AM PDT 05/16/12 The euro currency took another hit Wednesday as Greece’s political instability remained in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Europe Fears Keep Good U.S. News In Check Posted: 16 May 2012 06:58 AM PDT Greece-inspired worries continue to dominate the headlines again this morning, trying hard to divert the market's attention from a strong Housing Starts reading and better-than-expected results from Deere (NYSE:DE) and Target (NYSE:TGT). Greek society has endured a lot over the last two years, but the upcoming election, which will effectively be a referendum on the country's position in the union, has the potential of pushing them truly into uncharted territory.
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| Mitsubishi UFJ Reports Profits Posted: 16 May 2012 06:58 AM PDT Mitsubishi UFJ Financial Group Inc. (NYSE:MTU) reported net income of ¥981.3 billion (US$12.5 billion) for fiscal year ended March 31, 2012 versus net income of ¥583.1 billion (US$6.8 billion) in the year-ago period. Diluted net income per common stock was ¥67.94 (86 cents) versus ¥39.89 (47 cents) in the prior-year period.
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| No Soft Landing For Cotton Futures Posted: 16 May 2012 06:46 AM PDT Wednesday, May 16, 2012
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| Mid-May Key Support Check On India Nifty Index Posted: 16 May 2012 06:42 AM PDT India's "Nifty 50″ Stock Index currently faces a key inflection support level at the 4,800 level. Again, a quick glance shows the 4,800 Index level as the visual focal point for potential confluence support on the chart.
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| Posted: 16 May 2012 06:38 AM PDT Companhia Paranaense de Energia (NYSE:ELP), also known as COPEL, reported a 16.9% decline in its net earnings in the first quarter of 2012. Net income in the quarter settled at R$319.7 million (US$180.63 million) or R$1.17 per share (US$0.66 per ADR).
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| Posted: 16 May 2012 06:38 AM PDT The Home Depot, Inc. (NYSE:HD) posted first quarter earnings per share of $0.65, matching the Zacks Consensus Estimate of $0.65 J.C. Penney Company, Inc. (NYSE:JCP) reported first quarter loss per share of $0.75, surpassing the Zacks Consensus Estimate loss of $0.11 Shares of Dicks Sporting Goods Inc (NYSE:DKS) gained 5.9% after it posted first quarter earnings per share of $0.45, beating the Zacks Consensus Estimate of $0.38 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 16 May 2012 06:38 AM PDT Acxiom Corporation (NASDAQ:ACXM) reported Non-GAAP earnings per share of 22 cents in the fourth quarter of fiscal 2012 compared with 21 cents in the previous-year quarter, beating our Zacks Consensus Estimate of 19 cents.
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| Posted: 16 May 2012 06:24 AM PDT The Valspar Corporation (NYSE:VAL) reported second-quarter fiscal 2012 adjusted (excluding restructuring expenses) earnings of 84 cents per share, up from 64 cents recorded in the year-ago quarter. The results beat the Zacks Consensus Estimate of 81 cents. Including one-time items, earnings per share came in at 80 cents compared with 58 cents in the year-ago quarter.
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| Lifeway Beats, Initiates Dividend Posted: 16 May 2012 06:03 AM PDT Lifeway Foods Inc.(NASDAQ:LWAY) posted earnings of 7 cents per share in the first quarter of 2012, edging out the Zacks Consensus Estimate by a penny, but lagging the year-ago quarter earnings of 12 cents per share. The better-than-expected results were attributable to double-digit top-line growth.
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| Stocks Gets A Lift From Housing Data Posted: 16 May 2012 01:00 AM PDT 05/16/12 Despite continued concerns over Greece, a better-than-expected reading in US housing starts helped pushed stocks into positive territory early Wednesday … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Hold The Champagne, Alaska Is Still No. 2 For Oil Posted: 16 May 2012 05:55 AM PDT There have been a lot of celebratory news reports in the last few days about North Dakota’s March oil production passing Alaska’s output to make North Dakota the No. 2 oil-producing state. See examples in the WSJ, Washington Post, and Bloomberg. However, the celebration might be a little premature. According to the State of Alaska’s Division of Oil and Gas, Alaska produced 19.22 million barrels of oil in March, at a rate of 620,000 barrels per day. That compares to 17.8 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 16 May 2012 05:43 AM PDT SINA Corp. (SINA) reported a loss of 21 cents per share in the first quarter of 2012, deteriorating drastically from the year-ago earnings of 25 cents per share. The weaker-than-expected result was primarily attributed to higher operating expenses in the quarter.
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| Posted: 16 May 2012 05:24 AM PDT Dick’s Sporting Goods Inc.'s (NYSE:DKS), a full-line sporting goods retailer, first-quarter 2012 adjusted earnings per share jumped 50% to 45 cents a share from the year-ago level of 30 cents a share, surpassing the company's guidance range of 36 – 38 cents per share. Earnings per share also topped the Zacks Consensus Estimate by 7 cents per share.
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| Commodities Sold On Greece Woes, May Extend Losses On Fed Minutes Posted: 16 May 2012 04:08 AM PDT Talking Points Crude Oil, Copper Sold on Greece Woes – Fed Minutes Key Ahead Commodity prices are trading broadly lower in European hours as risk aversion grips financial markets, weighing on sentiment-linked crude oil and copper prices while boosting the safe-haven US Dollar to put de-facto downward pressure on gold and silver. The sour mood comes after continued gridlock in Greece spurred the country's lawmakers to call for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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