Top Biotech Stock: Amgen’s AMG 416 Succeeds in Phase III

Amgen Inc(AMGN) shares were up 2.5% following the company’s announcement that AMG 416 (formerly known as velcalcetide) has met the primary as well as secondary endpoints in a randomized, double-blind, placebo-controlled 26-week long phase III study. The study evaluated the efficacy and safety of AMG 416 in 515 chronic kidney disease (CKD) patients receiving hemodialysis…

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Facebook Stock Price Targets Raised : Where is the limit ? (NASDAQ FB)

Facebook Inc (NASDAQ FB) released its latest earnings report recently, exceeding the estimates of analysts with strong key metrics. As a result, Sterne Agee analysts have increased their estimates and price target for the social network. Shares of Facebook Inc (FB) have surged more than 5% after the recent solid earnings report. The company reported…

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DoCoMo Reports In-Line Fiscal 4Q, but Provides Lower Guidance; Under Review

NTT DoCoMo DCM reported fiscal year-end results that were generally in line with our expectations, but margin guidance for this year was lower than we anticipated. We have put our fair value estimate under review as we revise our model projections. There is no change to our economic moat rating. Revenue grew 5.4% year over…

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