In the first quarter of the year, Spain’s largest bank, Grupo Santander SAN , earned EUR 1,205 million, up significantly from the EUR 401 million it earned in the trailing quarter. Most of this increase was due to the non-recurrence of special loan loss provisions in the fourth quarter; excluding this, earnings were up 18%…
It was business as usual for the biotech sector last week with highlights including a deal for the acquisition of product rights, encouraging study results and the granting of breakthrough therapy status for an experimental cancer treatment. Here we take a look at all these news in detail. Regado Biosciences saw its shares plunging 58%…
In the first quarter, BASF BAS continued to rely on its diversified product mix in what has been a challenging market environment for chemical producers. BASF’s agriculture and oil and gas businesses propped up sales in the first quarter, as revenues increased 4.8% year over year. On a geographic basis, management noted that growth in…
In this article, we take a look at two stocks which have been in news recently, AcelRx Pharmaceuticals (ACRX) & Nymox Pharmaceuticals (NYMX). Keep an eye out for both these active stocks which have been performing well on the wall street. AcelRx Pharmaceuticals (ACRX) should win FDA approval for the Zalviso pain-killing device on July…
In this article, we take a look at two stocks which have been in news recently, Prana Biotech Ltd (NASDAQ PRAN) & Applied Genetic Corp (NASDAQ AGTC). Keep an eye out for both these active stocks which have been performing well on the wall street. With new recruits coming in for either of them, the…
Credit Suisse CS earned CHF 1,026 million (CHF 0.76 per diluted share) in the first quarter compared with CHF 41 million in the year-ago quarter and CHF 221 million in the trailing quarter on better trading results and lower expenses. This quarter’s reported profit, which included CHF 80 million of noncash own-debt losses, amounted to…
