In a note issued Friday, Piper Jaffray said the weakness in Regeneron (NASDAQ:REGN) is a buying opportunity, as the firm sees risks to the company’s alirocumab Phase III program as overblown, with neither Regeneron (NASDAQ:REGN) or its development partner Sanofi (SNY) having seen any neurocognitive adverse events with the drug. The firm reiterates a Buy rating…
Shares of Goodyear Tire & Rubber (NASDAQ:GT) are nudging higher in Friday’s evening trade as the company declares the final quarterly dividend on the company’s 5.875% mandatory convertible preferred stock, which is subject to mandatory conversion into shares of Goodyear (NASDAQ:GT) common stock on April 1, 2014. The tire company’s dividend of $0.73 per share…
Tesla (NASDAQ:TSLA) cuts Model S prices in Europe, Inside EVs says Tesla has slashed the price of its Model S electric car in Germany and other European countries, according to a report by Inside EVs. Tesla Motors Inc (NASDAQ:TSLA) stock on March 7, 2014 was down 2.12% trading at $247.58 intraday. Its fifty two week…
InterMune (NASDAQ:ITMN) March 34 and 35 calls are active on total call volume 3,100 contracts (500 puts) on attracting takeover interest, Reuters says. March call option implied volatility is at 90, April is at 88, May and July is at 82; compared to its 26-week average of 90 according to Track Data. Active call volume…
In an analyst note published by Matthew Young at Morningstar, he broke down Landstar System Inc’s (NASDAQ:LSTR) encouraging management guidance update. Management expects Q1 revenues in the $640-690 million range, within the Street consensus of $.59. Some of the other note highlights are included below: Landstar provided an encouraging mid-first-quarter guidance update–freight demand continues to…
Shares of headphone maker Skullcandy Inc. (NASDAQ:SKUL) extended pre-market gains and hit a 52-week high of $11.40 in recent early trade after the company reported Q4 earnings and Q1 guidance that beat street expectations. The shares were slightly off their earlier highs by mid-morning, but were nevertheless up 42.5% at $10.59. Also this morning, Northland…
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