research

Merck to participate in new research efforts to eradicate HIV

Published on Mon, 07/11/2011 - 13:37
By FNNO Staff in General Interest, MRK, aids, business, finance, grant, hiv, market, merck, news, price, research, share, stock, university, News Update
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Merck (NYSE:MRK) announced that company researchers will participate in two new collaborative efforts led by the prominent academic institutions of the University of North Carolina Chapel Hill and the University of California San

By FNNO Staff
fnnonline@gmail.com

Myrexis to Cut 41% of Workforce; Shares Halted Earlier

Published on Tue, 03/29/2011 - 15:16
By FNNO Staff in drug, employee, fire, fiscal, health, hire, layoff, myrexic, myrx, pay, research, salary, severance, shares, worker, workforce
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By FNNO Staff
fnnonline@gmail.com

Osiris Therapeutics Falls 2% on 72% Drop in Net Income

Osiris posted net income of $4.4 million, or 13 cents per share, from a year ago profit of $15.7 million, or 48 cents per share. Analysts expected a profit of 9 cents per share.

Osiris is currently developing a product called Prochymal, which is composed of stem cells taken from adult bone marrow, and is seeking regulatory approval for the product.

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Osiris Therapeutics (OSIR) is down 2.33% to $6.70 on a 72% drop in Q4 net income compared with last year, but earnings still topped the mean analyst estimate.

By Stephanie Shyu
sshyu@fnno.com

Northrop Grumman awarded a contract for cyberspace operation

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Northrop Grumman has been awarded a contract for cyberspace operations supporting the U.S. Navy's Space and Naval Warfare Systems Center Pacific (SSC Pacific) to provide cyberspace science, research, engineering and technology int

By Stephanie Shyu
sshyu@fnno.com

Gilead Sciences Acquires Calistoga Pharmaceuticals for $375

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Gilead Sciences (GILD) today announced that it has acquired Calistoga Pharmaceuticals, a privately held company, for $375 million. GILD stated that with the acquisition, it hopes to expand its research capabilities into cancer dru

By FNNO Staff
fnnonline@gmail.com

SIGA Technologies Loses Appeal, Shares Down 5.5%

According to the company, it will respect the decision of the SBA although it is disappointed with the ruling.

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SIGA Technologies (SIGA) says the Small Business Administration (SBA) Office of Hearings and Appeals affirmed the ruling of the SBA Area Office regarding SIGA's submission in response to a Request for Proposal from the Biomedical

By FNNO Staff
fnnonline@gmail.com

Morgan Stanley Adjusted Its 2011, 2012 EPS Estimates For OpenTable, Maintained Its EW Rating

The bank sees 2011 EPS of $0.77, down from $0.86 per share, and 2012 EPS of $1.28, up from $1.12 per share.

OpenTable is currently above its 50-day moving average (MA) of $75.14 and above its 200-day of $57.89.

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Morgan Stanley adjusted its 2011 and 2012 EPS estimates for OpenTable (NASDAQ:OPEN) and maintained its equal-weight rating.

By Christie Duffy
cduffy@fnno.com

Polo Ralph Lauren Surges Nearly 9% After Reporting Q3 Results

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Polo Ralph Lauren (RL) posted net income of $168 million, or $1.72 per diluted share, for the third quarter of fiscal 2011, versus net income of $111 million, or $1.10 per diluted share, for the same period in fiscal 2010. The Str

By Christie Duffy
cduffy@fnno.com

Stratasys Shares up 11.30% on 80% Increase in Q4 Profit

The company posted record revenue of $33.8 million for the fourth quarter ended Dec. 31, a 29% increase over the $26.2 million reported for the same period in 2009. Net income was $4.3 million for the fourth quarter, or $0.20 per

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Shares of Stratasys (SSYS) are up $4.80 to $40.18, or 11.61%, after the company reported strong fourth quarter and full year financial results that surpassed market expectations.

By Christie Duffy
cduffy@fnno.com

Morgan Stanley Lowered Its EPS Estimates For DuPont (DD)

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Morgan Stanley lowered its 2011 and 2012 EPS estimates for DuPont (NYSE:DD) and maintained its equal-weight rating and $56 price target. The bank sees 2011 EPS of $3.65, down from $3.71 per share, and 2012 EPS of $4.03, down from

By Christie Duffy
cduffy@fnno.com

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