Latest News

Acorda Therapeutics Receives Refusal to File Letter from FDA for Inbrija New Drug Application

Acorda Therapeutics Receives Refusal to File Letter from FDA for Inbrija New Drug Application

August 30, 2017 at 5:37 pm 0 comments

Acorda Therapeutics (ACOR) that it received a refusal to file (RTF) letter from the U.S. Food and Drug Administration (FDA) regarding its new drug application (NDA) for Inbrija. Inbrija is an investigational treatment for patients with Parkinson’s disease taking a carbidopa/levodopa regimen. Tne FDA determined that the NDA, submitted in June, was not sufficiently complete to permit a substantive review.Read More

Dollar Tree Reports Higher Than Projected Fiscal Q2 Results

Dollar Tree Reports Higher Than Projected Fiscal Q2 Results

August 24, 2017 at 2:56 pm 0 comments

Dollar Tree jumped in premarket trading on Thursday after the operator of discount variety stores reported higher-than-expected profit and sales for its fiscal Q2 and boosted its FY17 outlook. Shares gained as much as 8.8%. EPS increased 36.1% to $0.98 in the period ended July 29. That beat the $0.87 average estimate of analysts surveyed by Capital IQ. Fiscal Q2Read More

AstraZeneca Collaborates With Ethris

AstraZeneca Collaborates With Ethris

August 21, 2017 at 4:01 pm 0 comments

AstraZeneca and its biologics research and development arm MedImmune have entered into a five-year strategic research collaboration with Ethris, a German developer of mRNA-based drugs with a focus on pulmonary disease. The collaboration will target the development of RNA therapies for respiratory diseases using Ethris’ proprietary SNIM RNA technology, Ethris said in a statement. Under the agreement, AstraZeneca will payRead More

Infineon Technologies AG (IFNNY) Chaikin Money Flow Showing Positive Signs

August 17, 2017 at 10:13 am 0 comments

Infineon Technologies AG (IFNNY) is seeing positive money flow as the Chalkin (CMF) indicator is holding above the zero line.  The Chaikin Money Flow Indicator is an oscillator developed by Marc Chaikin. An oscillator is an indicator that is used as a counter trend showing when the market is overbought or oversold. The CMF is based largely on the AccumulationRead More

Ares Management Makes Investment in DuPage Medical Group

Ares Management Makes Investment in DuPage Medical Group

August 16, 2017 at 2:27 pm 0 comments

Physician Group DuPage Medical Group said Wednesday it has entered a strategic partnership under which funds managed by the private equity group of Ares Management LP (ARES) have invested $1.45 billion. DuPage said the investment by Ares will enable continued support for growth initiatives across the entire organization, including the company’s practice management company, DMG Practice Management Solutions, and DuPageRead More

Applied Industrial Technologies Fiscal Q4 Results Top Estimates

Applied Industrial Technologies Fiscal Q4 Results Top Estimates

August 11, 2017 at 4:21 pm 0 comments

Applied Industrial Technologies reported fiscal Q4 sales were $681.5 million, an increase of 7.5% from the year-ago period and above the CapIQ mean for $680.2 million. Earnings in the quarter ended June 30 rose to $1.34 per share, including a $0.56 benefit, and up from $0.66 last year. Excluding the benefit, EPS would have been $0.78. Forecasts were for bothRead More

Lithia Motors Buys Downtown Los Angeles Auto Group

Lithia Motors Buys Downtown Los Angeles Auto Group

August 8, 2017 at 4:05 pm 0 comments

Lithia Motors said on Tuesday it has acquired Downtown Los Angeles Auto Group (DTLA) for an undisclosed sum and raised its FY earnings guidance. The company said the acquisition deploys about half of the $300 million raised in a recent senior notes offering. DTLA, comprised of Audi, Mercedes-Benz, Nissan, Porsche, Toyota, and Volkswagen stores located in downtown Los Angeles andRead More