Category: Finance

Biotech stock market news
BioTech, Finance

Biotech Stocks: Amgen Up Due To Positive Phase III Data

Amgen Inc (AMGN) was up almost 3% on encouraging top-line data from a phase III study on its biosimilar candidate, ABP 501. The randomized, double-blind, active-controlled study compared the safety and efficacy of ABP 501 to AbbVie Inc’s (ABBV) Humira in adults suffering from moderate-to-severe plaque psoriasis. The study met its primary endpoint of Psoriasis Area and Severity Index (PASI) percent improvement from baseline at … Continue reading Biotech Stocks: Amgen Up Due To Positive Phase III Data

Richard Atkins
Analysis, Commodities, Consumer Goods, Diversified Tech, Finance, Financial, Popular, Services Sector

IPG Reports Organic Revenue Growth of 2.2% in the Second Quarter

Interpublic reported organic revenue growth of 2.2% in the second quarter, on par with the first quarter as the company rebounds from client losses in 2012. With expected clients wins starting to flow through in the third quarter, the firm is on track to meet its 2%-3% organic revenue growth forecast for 2013. Interpublic is battling a tough macroeconomic environment, especially in Europe, where it … Continue reading IPG Reports Organic Revenue Growth of 2.2% in the Second Quarter

Jason KnoxLeave a comment
Analysis, Commodities, Consumer Goods, Diversified Tech, Finance, Financial, Services Sector

Bendigo Bank Looks Ahead to Earnings Report Next Week

Bendigo Bank is set to report full-year fiscal 2013 results on 19 August. Analysts are forecasting 2013 earnings per share of AUD 88.4 cents, up 5% from 2012. Underpinning our optimism, is an expected decline in bad debts and a rosier outlook within both wholesale and retail funding markets. Morningstar is forecasting full-year dividends of AUD 60 cents per share (100% franked). Notwithstanding positive fundamentals, … Continue reading Bendigo Bank Looks Ahead to Earnings Report Next Week

Mark DoerrLeave a comment
Analysis, Commodities, Consumer Goods, Diversified Tech, Finance, Financial, Services Sector

Estee Sees Sales Increase 7% in Quarter

Estee Lauder has not been swayed by slowing global economic growth or competitive pressures, as evidenced by its continued top-line growth and margin expansion. Fourth quarter sales popped 7% (excluding foreign currency movements)–even more impressive as it came on top of 12% growth in the year-ago period. Investors were encouraged the firm is decentralizing innovation efforts to ensure its products resonate with consumers around the … Continue reading Estee Sees Sales Increase 7% in Quarter

Kristen BartonLeave a comment
Finance

Investors Are Watching : Versar Inc. (NYSEMKT:VSR), United Continental Holdings, Inc. (NYSE:UAL), World Fuel Services Corp. (NYSE:INT), Apple Inc. (NASDAQ:AAPL), Twitter (NYSE:TWTR)

On Oct. 9, Versar, Inc. (NYSE MKT:VSR) announced that its wholly-owned subsidiary, J.M. Waller Associates, has been awarded a $2.6 million prime contract from the U.S. General Services Administration to provide Construction Management as Agent (CMa) Services for the new U. S. Department of State Federal Office Building in Charleston, South Carolina. The contract includes design support services, demolition and remediation services, site improvements, and … Continue reading Investors Are Watching : Versar Inc. (NYSEMKT:VSR), United Continental Holdings, Inc. (NYSE:UAL), World Fuel Services Corp. (NYSE:INT), Apple Inc. (NASDAQ:AAPL), Twitter (NYSE:TWTR)

Adam Keintzel
Finance

Shining on Major News : NXP Semiconductors NV (NASDAQ:NXPI), Staples, Inc. (NASDAQ:SPLS), Advanced Micro Devices, Inc. (NYSE:AMD), Genesco (NYSE:GCO), Oceaneering International (NYSE:OII)

Some investors speculate that Texas Instruments (TXN) might buy NXP Semiconductors NV (NASDAQ:NXPI). But Steve Smigie, Analyst at Raymond James & Associates, says he doesn’t think that will actually happen. NXP Semiconductors NV (NASDAQ:NXPI) belongs to Technology sector. Its net profit margin is 10.10% and weekly performance is -5.10%. On last trading day company shares ended up $61.06. NXP Semiconductors NV (NASDAQ:NXPI) distance from 50-day … Continue reading Shining on Major News : NXP Semiconductors NV (NASDAQ:NXPI), Staples, Inc. (NASDAQ:SPLS), Advanced Micro Devices, Inc. (NYSE:AMD), Genesco (NYSE:GCO), Oceaneering International (NYSE:OII)

Chris Lewis