2021-01-19 15:15:08 CAIXY CaixaBank
01/19/21 01/1915:15 01/19/2115:15 | CaixaBank price target raised to EUR 2.60 from EUR 2.50 at BarclaysBarclays analyst Fernando Gil De Santivanes raised the firm's price target on CaixaBank to EUR 2.60 from EUR 2.50 and kept an Overweight rating on the shares. | |
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CAE near deal to acquire L3Harris military-training unit, WSJ reports »
19:16 02/28/21 02/2819:16 02/28/2119:16
CAE
CAE
L3Harris Technologies
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Macy's, Gap letting customers buy now, pay later, WSJ reports »
18:12 02/28/21 02/2818:12 02/28/2118:12
M
Macy's
Gap
Affirm
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House approves Biden's $1.9T COVID aid, Reuters reports »
18:08 02/28/21 02/2818:08 02/28/2118:08
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SPDR S&P 500 ETF Trust
S&P 500
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Reliance partners with Google, Facebook for payment network bid, Reuters says »
18:07 02/28/21 02/2818:07 02/28/2118:07
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Alphabet
Alphabet Class A
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Danone takes step to sell Chinese step amid shareholder pressure, Reuters says »
17:59 02/28/21 02/2817:59 02/28/2117:59
DANOY
Danone
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Hyatt calls hate symbols 'abhorrent' after CPAC controversy, Reuters says »
17:56 02/28/21 02/2817:56 02/28/2117:56
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Hyatt
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McDonald's considering selling part of Dynamic Yield, Bloomberg reports »
17:47 02/28/21 02/2817:47 02/28/2117:47
MCD
McDonald's
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Microsoft says vaccine tools have 'fallen short,' Bloomberg reports »
17:43 02/28/21 02/2817:43 02/28/2117:43
MSFT
Microsoft
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CDC Advisory Committee recommends J&J single-shot COVID vaccine for adults 18+ »
17:41 02/28/21 02/2817:41 02/28/2117:41
JNJ
Johnson & Johnson
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BridgeBio, affiliate Origin Biosciences announce FDA approval of NULIBRY »
16:14 02/28/21 02/2816:14 02/28/2116:14
BBIO
BridgeBio
BridgeBio Pharma and… BridgeBio Pharma and affiliate Origin Biosciences announced the U.S. Food and Drug Administration has approved NULIBRY for Injection as the first therapy to reduce the risk of mortality in patients with molybdenum cofactor deficiency Type A. This is the first therapy of its kind. The novel therapy was developed based on BridgeBio's commitment to developing a treatment for MoCD Type A in collaboration with the experts and families in the MoCD Type A community. MoCD Type A is an ultra-rare and progressive condition, known to impact less than 150 patients globally with a median survival of four years. MoCD Type A presents shortly after birth, often with severe encephalopathy and intractable seizures. NULIBRY is a first-in-class approved cPMP substrate replacement therapy. The efficacy of NULIBRY for the treatment of patients with MoCD Type A was established based on data from three clinical trials compared to data from a natural history study. In these studies, NULIBRY or recombinant cPMP reduced the risk of death by 82% compared to the untreated, genotype-matched, historical control group in the natural history study. At three years on study, the probability of survival in NULIBRY or rcPMP-treated patients was 84% compared to 55% for untreated genotype-matched patients in the historical control group at three years. In addition to the survival analysis, treatment with NULIBRY led to a reduction of urine concentrations of S-sulfocysteine, a toxic substance that leads to neurological damage, in patients with MoCD Type A, and the reduction was sustained with long-term treatment over 48 months. Animal studies have identified that NULIBRY has phototoxic potential. NULIBRY was reviewed under Priority Review and received Orphan Drug Designation, Breakthrough Therapy Designation and Rare Pediatric Disease Designation from the FDA. With this approval, the FDA also issued a Rare Pediatric Disease Priority Review Voucher to Origin. ShowHide Related Items >><<
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Regeneron announces Phase 2 data evaluating antibody cocktail REGN1908-1909 »
16:09 02/28/21 02/2816:09 02/28/2116:09
REGN
Regeneron
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Harvey Norman downgraded to Neutral from Buy at Goldman Sachs »
10:49 02/28/21 02/2810:49 02/28/2110:49
HNORY
Harvey Norman
Goldman Sachs analyst… Goldman Sachs analyst Andrew McLennan downgraded Harvey Norman to Neutral from Buy with a price target of A$5.10. The analyst acknowledges that Harvey Norman delivered a "very strong" result in the first half of 2021. While conditions were still patchy and unpredictable in parts due to the pandemic, the company benefited substantially from the shift in spending by consumers on products and activities around the home over the first half of 2021 and it managed the business well under volatile, but strong trading conditions, McLennan contends. However, the analyst believes peak trading is unlikely to be sustained. ShowHide Related Items >><<
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Opening Day: Coinbase files to go public »
10:13 02/28/21 02/2810:13 02/28/2110:13
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Score Media
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Kalbe Farma upgraded to Buy from Neutral at Goldman Sachs »
09:43 02/28/21 02/2809:43 02/28/2109:43
PTKFF
Kalbe Farma
Goldman Sachs analyst… Goldman Sachs analyst June Zhu upgraded Kalbe Farma to Buy from Neutral. The analyst expects earnings growth for Kalbe Farma, Indonesia's biggest pharmaceutical and consumer health manufacturer, to break out from the "anemic levels" seen over the past five years. This new growth phase will be driven by less margin pressure for its prescription pharmaceutical business, oncology/biosimilar drugs' local manufacturing scaling up, rising health awareness, and higher distribution sales growth due to COVID treatment drugs and potentially vaccination given its cold-chain storage and extensive coverage, Zhu adds. ShowHide Related Items >><<
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FDA PDUFA Date for Athenex Oraxol (oral paclitaxel) is February 28, 2021
04:55 02/28/21 02/2804:55 02/28/2104:55
ATNX
Athenex
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FDA PDUFA Date for CorMedix for Defencath is February 28, 2021
04:55 02/28/21 02/2804:55 02/28/2104:55
CRMD
CorMedix
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Johnson & Johnson Covid vaccine granted emergency approval from FDA »
19:15 02/27/21 02/2719:15 02/27/2119:15
JNJ
Johnson & Johnson
The Food and Drug… The Food and Drug Administration issued an emergency use authorization for the third vaccine for the prevention of coronavirus disease The EUA allows Johnson & Johnson's Janssen COVID-19 Vaccine to be distributed in the U.S for use in individuals 18 years of age and older. The FDA has determined that the Janssen COVID-19 Vaccine has met the statutory criteria for issuance of an EUA. The totality of the available data "provides clear evidence that the Janssen COVID-19 Vaccine may be effective in preventing COVID-19," the agency said in a statement. The data also show that the vaccine's known and potential benefits outweigh its known and potential risks, supporting the company's request for the vaccine's use in people 18 years of age and older. The Janssen COVID-19 Vaccine is manufactured using a specific type of virus called adenovirus type 26. The vaccine uses Ad26 to deliver a piece of the DNA, or genetic material, that is used to make the distinctive "spike" protein of the SARS-CoV-2 virus, the FDA said. While adenoviruses are a group of viruses that are relatively common, Ad26, which can cause cold symptoms and pink eye, has been modified for the vaccine so that it cannot replicate in the human body to cause illness, it added. After a person receives this vaccine, the body can temporarily make the spike protein, which does not cause disease, but triggers the immune system to learn to react defensively, producing an immune response against SARS-CoV-2. ShowHide Related Items >><<
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Berkshire Hathaway buys back record $25B of company stock in 2020 »
09:24 02/27/21 02/2709:24 02/27/2109:24
BRK.A
Berkshire Hathaway
Berkshire Hathaway
Warren Buffett's… Warren Buffett's Berkshire Hathaway bought back a record amount of company stock last year. During the fourth quarter, the company bought back about $9B shares for a total 2020 repurchase of $24.7B. Buffett said in his annual shareholder letter that repurchases have continued since year-end and "is likely to further reduce its share count in the future." "That action increased your ownership in all of Berkshire's businesses by 5.2% without requiring you to so much as touch your wallet," the letter reads. ShowHide Related Items >><<
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Berkshire Hathaway sees profit rise 23%, says 'never bet against America' »
09:18 02/27/21 02/2709:18 02/27/2109:18
BRK.A
Berkshire Hathaway
Berkshire Hathaway
Warren Buffett Berkshire… Warren Buffett Berkshire Hathaway's fourth quarter profits rose, with its net earnings rising to $38.5B, or $23,015 a Class A share equivalent, up almost 23% from the previous year's profit of $29.2B, or $17,909 a share. Operating earnings, which exclude some investment results, rose to $5B from $4.4B the year before. Buffett also said in his annual shareholder letter to "never bet against America." "In its brief 232 years of existence... there has been no incubator for unleashing human potential like America," he added. "Despite some severe interruptions, our country's economic progress has been breathtaking. Our unwavering conclusion: Never bet against America." Buffett noted that the conglomerate owns the biggest amount of U.S. assets by value than any other company in the country. ShowHide Related Items >><<
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Asos expanding, stock could be 'in fashion' now, Barron's says »
08:55 02/27/21 02/2708:55 02/27/2108:55
ASOMY
Asos
Shares of Asos fell 7.1%… Shares of Asos fell 7.1% in the final three months of 2020 over fears that earnings would take a hit from a slump in demand for its signature partywear collections, Rupert Steiner writes in this week's edition of Barron's. Instead, Asos benefited from being the online destination for shoppers who have been stuck at home during the pandemic, the author notes. Sales at the company jumped 23% over the final four months of 2020, and the stock is up 18% this year. Reference Link ShowHide Related Items >><<
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Ross Stores stock 'a unique bargain' among discount retailers, Barron's says »
08:50 02/27/21 02/2708:50 02/27/2108:50
ROST
Ross Stores
Ross Stores offers… Ross Stores offers shoppers a chance to find overlooked "treasures" among a heap of discards and its stock could offer investors the same opportunity, Teresa Rivas writes in this week's edition of Barron's. The company has had a tough time during the pandemic and its stock has took a bigger beating, the author notes. But the underperformance means that Ross also has the most to gain as more vaccines are given and reopening accelerates, Rivas adds. Reference Link ShowHide Related Items >><<
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Dow ready to 'put doldrums behind," Barron's says »
08:45 02/27/21 02/2708:45 02/27/2108:45
DOW
Dow Inc.
Everything is breaking… Everything is breaking right for chemical company Dow, but market analysts have failed to notice, which means this is one time when investors can get in ahead of Wall Street, Al Root writes in this week's edition of Barron's. Reference Link ShowHide Related Items >><<
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Citigroup stock a Buy, Barron's says »
08:38 02/27/21 02/2708:38 02/27/2108:38
C
Citi
Citigroup is broken-but… Citigroup is broken-but the U.S. banking giant finally might have found the woman to fix it, with Jane Fraser stepping in as CEO on March 1, Carleton English writes in this week's edition of Barron's. Citi has lagged behind the 48% surge in the KBW Bank Index, making it a bank with room to run, the author notes. Fraser has a big job ahead, but it's not a bad time to be taking the helm of America's fourth largest bank by assets, as the U.S. economy continues to recover from last year's COVID-induced recession, English adds. Reference Link ShowHide Related Items >><<
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Utilities offer yield, a way to play green energy, Barron's says »
08:32 02/27/21 02/2708:32 02/27/2108:32
AEP
American Electric
Dominion
Exelon
NextEra Energy
Utility companies offer… Utility companies offer attractive yields and inexpensive valuations, and they are getting better for the environment, Andrew Bary writes in this week edition of Barron's. Investors can play the sector through companies such as American Electric Power (AEP), Dominion Energy (D), Entergy (ETR), Exelon (EXC), and industry leader NextEra Energy (NEE), which has built a large and lucrative renewable-energy business, the author notes. Reference Link ShowHide Related Items >><<
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On The Fly
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Charged: Tesla temporarily halts Model 3 line at CA plant »
08:14 02/27/21 02/2708:14 02/27/2108:14
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