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NASDAQ Market News

Fate secure FDA seal of approval

30 Jul 2014 @ 06:52
Phase 1b PROVIDE Study in Pediatric Patients with Inherited Metabolic Disorders Expected to Begin in 4Q14 Fate Therapeutics, Inc. (Nasdaq:FATE), a biopharmaceutical company engaged in the discovery and development of adult stem cell modulators to treat orphan diseases, announced today that the U.S. Food and Drug Administration (FDA) has cleared its Investigational New Drug Application […]
 

MACOM report $112m revenue for Q3

30 Jul 2014 @ 06:43
M/A-COM Technology Solutions Holdings, Inc. (Nasdaq:MTSI), a leading supplier of high performance analog semiconductor solutions, today reported its financial results for its fiscal third quarter ended July 4, 2014. Third Quarter Fiscal Year 2014 GAAP Results: – Revenue was $112.4 million, compared to $107.8 million in the prior fiscal quarter and $83.5 million in the […]
 

Theravectys files suit against IMDZ

28 Jul 2014 @ 03:53
IMDZ argue that repeats some claims made by TVS in prior lawsuit that it previously voluntarily dismissed. Immune Design (Nasdaq:IMDZ) announced today that the day after it began trading on the Nasdaq Global Market, Theravectys SA filed a lawsuit against the company repeating claims that it had made in a prior lawsuit which TVS had […]
 

Hancock release Q2 data

25 Jul 2014 @ 08:35
Hancock Holding Company (Nasdaq:HBHC) today announced its financial results for the second quarter of 2014. Operating income for the second quarter of 2014 was $49.6 million or $.59 per diluted common share, compared to $49.1 million, or $.58 in the first quarter of 2014. Operating income was $46.9 million, or $.55, in the second quarter […]
 

MacroGenics secure FDA clearing for DART

25 Jul 2014 @ 08:31
Triggers $5M milestone payment from Servier MacroGenics, Inc. (Nasdaq:MGNX), a clinical stage biopharmaceutical company focused on discovering and identifying innovative monoclonal antibody-based therapeutics for the treatment of cancer and autoimmune diseases, today announced that its investigational new drug (IND) for MGD007 has been cleared by the U.S. Food and Drug Administration (FDA) to...
 

Meridian Interstate announces offering results

25 Jul 2014 @ 08:28
Meridian Interstate Bancorp (Nasdaq:EBSB), the holding company for East Boston Savings Bank, announced today the results of the stock offering of Meridian Bancorp, Inc., a newly formed corporation that is the proposed successor holding company for East Boston Savings Bank. The closing of the offering and the conversion from the mutual holding company to stock […]
 

61% Increase in Revenue Drives Facebook Past IBM in Valuation

25 Jul 2014 @ 03:08
Just one look at the chart and you will see why all the ballyhoo about the botched Facebook (NASDAQ:FB) IPO was really “Much Ado About Nothing.” As of this very moment, Facebook’s share price of $76.37 is almost exactly double its IPO share price of $38.23 on 28 May 2012 and more than quadruple it […]
 

ARM Holdings Holding Strong

23 Jul 2014 @ 02:29
The share price of ARM Holdings (LSE:ARM) (NASDAQ:ARMH) jumped 5.88% today to 882.50, helping to prop up the FTSE, following the publication of its results for the second quarter and first half of 2014. Let me say right from the start that I am a fan of ARM Holdings, from a strategic investment and operational […]
 

Don't Eat It. It Tastes Like Chicken.

22 Jul 2014 @ 07:37
It would not be a surprise to see a short-term decline in a number of fast food brand stocks, especially following what happened today in China, which probably contributed to declines today for Yum Brands (NYSE-YUM) and McDonald’s (NYSE:MCD) share prices. Several decades ago I was having a business dinner with a number of associates […]
 

Is The Bubble Ready to Burst (Again)?

19 Jul 2014 @ 02:20
We don’t need a bevy of analysts to explain to us that we are deep into another stock market bubble. The markets’ body language tells the whole story. Traders are exhibiting the emotional traits that typically precede the bubble bursting. It’s a blend of giddiness and fear and the anxiety that comes with knowing that […]
 
 
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