IsoRay (ISR +0.52%) announces highlights from its presentation at the 21st Annual Meeting of the Society for Neuro-Oncology
Global Blood Therapeutics (GBT +3.22%) announces that the European Commission has designated GBT440 as an orphan medicinal product for the treatment of sickle cell disease
Sangamo Biosci (SGMO +3.85%) announces that its collaborative zinc finger nuclease-mediated genome editing program for hemoglobinopathies will transfer to Bioverativ
Decliners on news:
Arrowhead (ARWR -62.76%) will discontinue development of clinical stage drug candidates ARC-520, ARC-521, and ARC-AAT
Cerecor (CERC -52.54%) announces top-line clinical results from its major depressive disorder Phase 2 clinical trial of adjunctive treatment of CERC-301; study misses primary endpoint
Ocular Therapeutix (OCUL -3.97%) enters into controlled equity offering sales agreement to offer and sell shares of its common stock having an aggregate offering price of up to $40 mln
Gainers on earnings:
Champions Oncology (CSBR +17.8%) reports Q3 EPS $0.00 vs ($0.20) year ago on revs +51.5% y/y to $4.5 mln and reaffirms annual revenue guidance; details new strategic emphasis
RA Pharma (RARX +0.52%) reports Q3 results; on track to initiate Phase 2 Clinical Trial of RA101495 in 1Q 2017
Upgrades/Downgrades:
Xtant Medical (XTNT +15.5%) initiated with a Buy at Aegis Capital; tgt $3.50
Arbutus Biopharma (ABUS +12.26%) Chardan Capital Markets Upgraded to BUY (from Neutral) — Price Target: 4
UnitedHealth (UNH +1.22%) target raised to $175 at RBC Capital Mkts
Abaxis (ABAX -2.53%) downgraded to Neutral from Buy at Northcoast
Рынок приобретает черты предновогоднего, что чревато потерей ликвидности и объемов.Меньше торгуем, уменьшаем объем, стопы ставим глубже! Но и здесь могут быть всплески.В целом рынок очень тонкий, будьте осторожней!
Buckle (BKE -1.5% the following trading day) reported October comps of -15.5%% vs -5.8% year ago and -15.5% prior month and prelim Q3 sales of $239.2 mln vs $249 mln CapIQ estimate (does not provide EPS guidance).
Cato (CATO 0.2%) reported Oct comps of -6%% vs +1% year ago and -9.0% last month. Co issued upside Q3 EPS guidance of $0.24-0.28 vs $0.13-0.18 prior guidance and $0.09 single analyst estimate but prelim Q3 sales were slightly below single estimate.
Costco (COST -1.2%) reported comps of +2% (core +2%)% vs -1% (core +5%) year ago and 1% (core +1%) prior month.
Fred's (FRED -9.2%) reported comps of -3.4%% vs +2.3% year ago and -4.9% prior month. Co also prelim Q3 sales of $516.7 mln vs $519.2 mln Cap IQ consensus; suspends previously issued guidance for the 2H16 .
L Brands (LB -0.9%) reported comps of +1% (VS -2%, BBW +6%)% vs +5% (VS +7%, BBW +5%) year ago and 3% (VS 0%, BBW +9%) prior month. Co also issued downside guidance earlier in the week for Q3 (Oct), sees Q3 EPS of ~$0.40, prior $0.40-0.45; guides for October same store sales +1% (VS -2%, BBW +6%); November comps to be up low-single digits.
PriceSmart (PSMT +2.8%) reported comps of -0.1%% vs +3.2% year ago and +0.5% prior month.
Zumiez Inc (ZUMZ +2.2%) reported comps of +10.2%% vs -8.1% year ago and +6.3% prior month. Co also raised Q3 EPS guidance to $0.35-0.36, prior $0.29-0.30 vs. $0.30 Capital IQ Consensus Estimate based primarily on higher than planned sales.
Biggest point losers: SHW 270.85(-5.47), CHTR 275.45(-5.04), COO 165.51(-4.64), NVRO 75.5(-4.56), ADSK 71.23(-4.03), DXCM64.23(-3.84), GWPH 112.6(-3.7), GWRE 54.14(-3.41), CI 135.06(-3.24), AVGO 172.44(-3.01), RARE 81.35(-2.84), ILMN 133.75(-2.79), AEO16.3(-2.62), BIIB 300.4(-2.38), RL 106.29(-2.32), RCL 80.73(-2.19), ALGN 93.36(-2.15), IBB 278.2(-2.11), TLT 120.12(-2.11), TQQQ126.21(-1.95), VLO 61.87(-1.9), JCOM 74.69(-1.85), AGN 190.79(-1.85), NEE 115.47(-1.8), NTNX 32.3(-1.79)
- IsoRay (ISR +0.52%) announces highlights from its presentation at the 21st Annual Meeting of the Society for Neuro-Oncology
- Global Blood Therapeutics (GBT +3.22%) announces that the European Commission has designated GBT440 as an orphan medicinal product for the treatment of sickle cell disease
- Sangamo Biosci (SGMO +3.85%) announces that its collaborative zinc finger nuclease-mediated genome editing program for hemoglobinopathies will transfer to Bioverativ
Decliners on news:- Arrowhead (ARWR -62.76%) will discontinue development of clinical stage drug candidates ARC-520, ARC-521, and ARC-AAT
- Cerecor (CERC -52.54%) announces top-line clinical results from its major depressive disorder Phase 2 clinical trial of adjunctive treatment of CERC-301; study misses primary endpoint
- Ocular Therapeutix (OCUL -3.97%) enters into controlled equity offering sales agreement to offer and sell shares of its common stock having an aggregate offering price of up to $40 mln
Gainers on earnings:- Champions Oncology (CSBR +17.8%) reports Q3 EPS $0.00 vs ($0.20) year ago on revs +51.5% y/y to $4.5 mln and reaffirms annual revenue guidance; details new strategic emphasis
- RA Pharma (RARX +0.52%) reports Q3 results; on track to initiate Phase 2 Clinical Trial of RA101495 in 1Q 2017
Upgrades/Downgrades: