Category: BioTech

Biotech Stock
BioTech, Finance

Biotech Stocks in News: Major Biotech Stocks to Focus On

Here we have a close look at some of the major Biotech Stocks which have shown tremendous promise over the past few weeks. Investors are all recommended to closely monitor these stocks over the coming months as some movement is expected from these stocks. Portola Pharmaceuticals (PTLA), a biopharmaceutical company, develops product candidates in the fields of thrombosis and hematology. This stock closed up 4.1% … Continue reading Biotech Stocks in News: Major Biotech Stocks to Focus On

Richard Atkins
Analysis, BioTech, Commodities, Consumer Goods, Diversified Tech, Finance, Financial, Global Equity, Mergers & Acquisitions, Semiconductors, Services Sector, Software, Tech IPO, Venture Capital

PBOC Announces Elimination of the Original Lending Rate Floor

The People’s Bank of China (PBOC) announced the elimination of the original lending rate floor of 30% discount to benchmark, allowing banks to lend at any discount to benchmark lending rates as they see fit. The PBOC scrapped the cap on lending rates in 2004, and this move will fully liberalize lending rates for banks. Greater pricing flexibility will enable the banks to retain their … Continue reading PBOC Announces Elimination of the Original Lending Rate Floor

John MeadyLeave a comment
Analysis, BioTech, Commodities, Consumer Goods, Diversified Tech, Finance, Financial, Mergers & Acquisitions, Semiconductors, Services Sector, Software, Tech IPO, Venture Capital

PBCT Loan Segment Shows Growth

People’s United Financial reported net income of $62.1 million, or $0.20 per diluted share, in the second quarter of 2013 compared with $64.8 million, or $0.20 per diluted share, in the second quarter of 2012. Loans across all categories showed strong growth during the quarter, increasing at an annualized rate of 13%. The net interest margin declined to 3.33% for the second quarter compared with … Continue reading PBCT Loan Segment Shows Growth

Jason KnoxLeave a comment
Analysis, BioTech, Commodities, Diversified Tech, Finance, Mergers & Acquisitions, Semiconductors, Services Sector, Software, Tech IPO, Venture Capital

Comparable Sales Look Good For Chipotle

Chipotle saw a nice sequential uptick in comparable restaurant sales during the second quarter, with much of the 5.5% increase stemming from ongoing peak-hour traffic throughput efforts as well as greater call-to-action marketing. Entering the quarter, there were concerns that competitive pressures (emergent fast-casual restaurant competition and more aggressive promotional activity from traditional quick-service and casual-dining players) might neutralize some of the throughput and marketing … Continue reading Comparable Sales Look Good For Chipotle

John MeadyLeave a comment
Biotech Stock Finance Bio Tech
BioTech, Finance

Biotech Stock News: A Weekly Analysis of Major Biotech Stocks

Mergers and acquisitions were back in the news last week with Auxilium Pharmaceuticals (AUXL) being the target this time around. The company, which is looking to acquire QLT Inc (QLTI), received a proposal from Endo International plc (ENDP). Other updates last week include the usual regulatory and pipeline-related news. Gilead remained in the news thanks yet again to its hepatitis C virus (HCV) treatment, Sovaldi. … Continue reading Biotech Stock News: A Weekly Analysis of Major Biotech Stocks

Richard Atkins
Analysis, BioTech, Diversified Tech, Finance, Mergers & Acquisitions, Semiconductors, Services Sector, Software, Tech IPO, Venture Capital

Loans Help Boost 2Q for USB

U.S. Bancorp USB reported net income of attributable to common shareholders of $1.4 billion, or $0.76 per diluted share, for the second quarter of 2013 compared with $1.3 billion, or $0.71 per diluted share, for the second quarter of 2012. Loans grew 7.4% compared with a year ago, primarily in commercial and residential loans. Low interest rates, primarily in investment securities, continued to pressure yields … Continue reading Loans Help Boost 2Q for USB

Richard AtkinsLeave a comment