Yesterday
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Wells Fargo analyst Mohit…
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06/01/23 Coherus announces plans to offer Mark Cuban Cost Plus customers YUSIMRY 06/01/23 Coherus plans to launch YUSIMRY with lowest list price of adalimumab in US 05/31/23 Coherus plans to submit response to FDA on toripalimab site in early June 05/18/23 Sanofi 'pleased' with Supreme Court's ruling on Amgen's asserted patent claims 05/18/23 Regeneron 'applauds' Supreme Court's striking down Amgen's patent claims 05/18/23 Supreme Court upholds Sanofi PCSK9 drug patent victory over Amgen 05/18/23 Supreme Court upholds Sanofi patent victory over Amgen $132.40 / -5.575 (-4.04%)
06/01/23 AbbVie slides as Coherus plans 'lowest list price' Humira biosimilar 06/01/23 AstraZeneca discontinues brazikumab IBD development program 05/31/23 AbbVie announces SLEek study meets primary, key secondary endpoints 05/25/23 AbbVie's upadacitinib Phase 3 results featured in NEJM publication $132.40 / -5.575 (-4.04%)
05/02/23 Oppenheimer Vertex Pharmaceuticals price target raised to $410 from $350 at Oppenheimer 04/28/23 Guggenheim AbbVie price target lowered to $171 from $172 at Guggenheim 04/28/23 Wells Fargo AbbVie price target lowered to $195 from $200 at Wells Fargo 04/12/23 Barclays AbbVie price target raised to $160 from $155 at Barclays 05/23/23 Barclays Coherus Biosciences price target lowered to $8 from $13 at Barclays 05/12/23 Maxim Coherus Biosciences price target lowered to $12 from $15 at Maxim 05/09/23 H.C. Wainwright Coherus Biosciences price target lowered to $24 from $26 at H.C. Wainwright 05/01/23 Truist Coherus Biosciences initiated with a Buy at Truist 05/16/23 Stifel Seagen likely to stay 'distanced' from deal price after FTC action, says Stifel 05/16/23 Jefferies Jefferies thinks Amgen-Horizon deal still gets done after 'speed bump' 05/03/23 Mizuho Amgen price target raised to $214 from $208 at Mizuho 05/08/23 Coherus Biosciences reports Q1 EPS (75c), consensus (57c) 03/06/23 Coherus Biosciences reports Q4 EPS (60c), consensus (84c) 04/27/23 Amgen raises FY23 adjusted EPS view to $17.60-$18.70 from $17.40-$18.60 04/27/23 Amgen reports Q1 adjusted EPS $3.98, consensus $3.85 04/27/23 Notable companies reporting after market close 03/01/23 Horizon Therapeutics reports Q4 EPS $1.21, consensus $1.09 $132.40 / -5.575 (-4.04%)
04/27/23 AbbVie raises FY23 adjusted EPS view to $10.72-$11.12 from $10.62-$11.02 04/27/23 AbbVie reports Q1 adjusted EPS $2.46, consensus $2.46 04/26/23 Notable companies reporting before tomorrow's open
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HZNP Horizon Therapeutics 05/16/23 Prometheus, Seagen slip after FTC sues to block Horizon acquisition 05/16/23 Horizon Therapeutics responds to FTC's action to block acquisition by Amgen 05/16/23 Amgen: Horizon Therapeutics deal poses 'no legitimate competitive issues' 05/16/23 Amgen 'disappointed' in FTC's decision to block Horizon Therapeutics deal HZNP Horizon Therapeutics 05/16/23 Stifel Seagen likely to stay 'distanced' from deal price after FTC action, says Stifel 05/16/23 Jefferies Jefferies thinks Amgen-Horizon deal still gets done after 'speed bump' 04/17/23 Wells Fargo Viridian Therapeutics initiated with an Overweight at Wells Fargo 03/29/23 Stifel Viridian Therapeutics initiated with a Buy at Stifel HZNP Horizon Therapeutics 05/03/23 Horizon Therapeutics: Q1 Tepezza net sales $405.3M 05/03/23 Horizon Therapeutics reports Q1 EPS 83c, consensus $1.12 03/01/23 Horizon Therapeutics reports Q4 EPS $1.21, consensus $1.09 HZNP Horizon Therapeutics 05/17/23 Regeneron CEO backs regulators attempt to block Amgen deal, FT reports 05/16/23 FTC will sue to block Horizon Therapeutics takeover by Amgen, Bloomberg says 05/15/23 FTC looks to block Horizon Therapeutics deal with Amgen, Capitol Forum says 05/15/23 FTC looks to blow Horizon Therapeutics acquisition by Amgen, Capitol Forum says HZNP Horizon Therapeutics 05/16/23 What You Missed On Wall Street On Tuesday 05/16/23 What You Missed On Wall Street This Morning 05/16/23 Fly Intel: Pre-market Movers 05/03/23 What You Missed On Wall Street This Morning HZNP Horizon Therapeutics 05/18/23 Notable open interest changes for May 18th 05/17/23 Notable open interest changes for May 17th 05/16/23 Horizon Pharma put volume heavy and directionally bearish 04/24/23 Horizon Pharma put volume heavy and directionally bearish
Over a week ago
Periodicals
Amgen (AMGN) and Johnson…
Amgen (AMGN) and Johnson & Johnson (JNJ) have settled their lawsuit over Amgen's proposed biosimilar of J&J's Stelara for psoriasis and other autoimmune conditions, Reuters' Blake Brittain reports. According to a filing in Delaware federal court, the settlement will allow Amgen to sell its biosimilar of Stelara "no later than January 1st, 2025." A spokesperson for J&J said the company will "continue to defend the intellectual property associated with our medicines to protect our ability to innovate and develop life-changing therapies for patients." Reference Link
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05/12/23 Protagonist and Janssen report data from preclinical studies of JNJ-2113 05/11/23 Johnson & Johnson reports 61.91% increase in ownership of Nano-X Imaging 05/01/23 J&J's Janssen reports 72.7% complete response rate in bladder cancer study 04/30/23 Fly Intel: Top five weekend stock stories 05/18/23 Sanofi 'pleased' with Supreme Court's ruling on Amgen's asserted patent claims 05/18/23 Regeneron 'applauds' Supreme Court's striking down Amgen's patent claims 05/18/23 Supreme Court upholds Sanofi PCSK9 drug patent victory over Amgen 05/18/23 Supreme Court upholds Sanofi patent victory over Amgen 05/16/23 Stifel Seagen likely to stay 'distanced' from deal price after FTC action, says Stifel 05/16/23 Jefferies Jefferies thinks Amgen-Horizon deal still gets done after 'speed bump' 05/03/23 Mizuho Amgen price target raised to $214 from $208 at Mizuho 05/01/23 Truist Coherus Biosciences initiated with a Buy at Truist 05/19/23 B. Riley Abbott collaboration a positive move for Stereotaxis, says B. Riley 05/16/23 SVB Securities Omnicell new CFO removes uncertainty overhang, says SVB Securities 05/15/23 BTIG Seelos Therapeutics price target lowered to $4 from $11 at BTIG 05/12/23 Piper Sandler Piper continues to view ShockWave Medical as 'highly coveted asset' 04/18/23 Johnson & Johnson raises FY23 adjusted EPS to $10.60-$10.70 from $10.45-$10.65 04/18/23 Johnson & Johnson reports Q1 adjusted EPS $2.68, consensus $2.51 04/17/23 Notable companies reporting before tomorrow's open 02/28/23 Fate Therapeutics reports Q4 EPS (58c), consensus (86c) 04/27/23 Amgen raises FY23 adjusted EPS view to $17.60-$18.70 from $17.40-$18.60 04/27/23 Amgen reports Q1 adjusted EPS $3.98, consensus $3.85 04/27/23 Notable companies reporting after market close 03/01/23 Horizon Therapeutics reports Q4 EPS $1.21, consensus $1.09 05/10/23 New suitors showing interest in ShockWave Medical, Street Insider says 05/03/23 Johnson & Johnson's Kenvue to price at $22 per share, Bloomberg says 04/30/23 J&J's Kenvue spinoff a rare IPO winner in moribund market, Barron's says 04/28/23 Johnson & Johnson's Kenvue targeted by talcum powder cancer claims, FT reports 05/17/23 Regeneron CEO backs regulators attempt to block Amgen deal, FT reports 05/16/23 FTC will sue to block Horizon Therapeutics takeover by Amgen, Bloomberg says 05/15/23 FTC looks to block Horizon Therapeutics deal with Amgen, Capitol Forum says 05/15/23 FTC looks to blow Horizon Therapeutics acquisition by Amgen, Capitol Forum says 05/07/23 Opening Day: J&J's Kenvue jumps 20% in market debut 04/28/23 What You Missed On Wall Street On Friday 04/28/23 What You Missed On Wall Street This Morning 04/18/23 What You Missed On Wall Street On Tuesday 05/16/23 What You Missed On Wall Street On Tuesday 05/16/23 What You Missed On Wall Street This Morning 05/16/23 Fly Intel: Pre-market Movers 04/27/23 Fly Intel: After-Hours Movers 04/18/23 Unusually active option classes on open April 18th 04/06/23 Unusually active option classes on open April 6th 04/05/23 Unusually active option classes on open April 5th 04/05/23 Early notable gainers among liquid option names on April 5th 02/17/23 Early notable gainers among liquid option names on February 17th 01/31/23 Amgen options imply 3.2% move in share price post-earnings
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Sanofi (SNY) said it is…
Sanofi (SNY) said it is "pleased" with the United States Supreme Court's ruling in Amgen (AMGN) v. Sanofi et. al. The decision unanimously affirms the United States Federal Circuit Court's opinion that is favorable to Sanofi and Regeneron (REGN). Sanofi said: "This ruling reinforces our longstanding belief that Amgen's asserted patent claims are invalid and represents an unequivocal win for America's innovation economy, its scientists, and researchers. Most importantly, it is a win for patients who rely on the lifesaving discoveries made through years of research and investment by the biopharma community. The justices rejected an attempt to radically change the longstanding legal standard for patent validity under the enablement doctrine - a move that would have blocked progress for entire classes of molecules, deterred innovative competition, and led to potential increases of drug prices."
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05/18/23 Supreme Court upholds Sanofi PCSK9 drug patent victory over Amgen 05/18/23 Supreme Court upholds Sanofi patent victory over Amgen 05/10/23 Sanofi is implementing Veeva tools to modernize its quality system 05/01/23 Maze Therapeutics announces license agreement with Sanofi for MZE001 $743.62 / -6.705 (-0.89%)
05/02/23 Regeneron to highlight new, updates data at ASCO 04/17/23 Regeneron announces retirement of board chair 04/17/23 Regeneron aflibercept, EYLEA Injection to be featured at ARVO 2023 meeting 05/18/23 Regeneron 'applauds' Supreme Court's striking down Amgen's patent claims 05/16/23 Prometheus, Seagen slip after FTC sues to block Horizon acquisition 05/04/23 Raymond James Kymera Therapeutics upgraded to Outperform from Market Perform at Raymond James 04/28/23 Deutsche Bank Sanofi downgraded to Sell from Hold at Deutsche Bank 04/28/23 Deutsche Bank Sanofi downgraded to Sell from Hold at Deutsche Bank 04/20/23 Deutsche Bank Sanofi price target raised to EUR 90 from EUR 85 at Deutsche Bank 05/16/23 Stifel Seagen likely to stay 'distanced' from deal price after FTC action, says Stifel 05/16/23 Jefferies Jefferies thinks Amgen-Horizon deal still gets done after 'speed bump' 05/03/23 Mizuho Amgen price target raised to $214 from $208 at Mizuho 05/01/23 Truist Coherus Biosciences initiated with a Buy at Truist $743.62 / -6.705 (-0.89%)
05/08/23 Guggenheim Regeneron price target lowered to $935 from $960 at Guggenheim 05/05/23 Morgan Stanley Regeneron price target raised to $927 from $880 at Morgan Stanley 05/05/23 SVB Securities Regeneron price target lowered to $895 from $976 at SVB Securities 05/03/23 Truist Regeneron price target raised to $1,050 from $856 at Truist 04/27/23 Sanofi confirms FY23 business EPS view of up low single digits at CER 04/27/23 Sanofi reports Q1 business EPS EUR 2.16, up 11.9% at CER 03/30/23 IGM Biosciences Sanofi sees FY23 revenue $3M, consensus $5.5M 02/03/23 Sanofi sees 2023 business EPS up at low single digit rate at CER $743.62 / -6.705 (-0.89%)
05/04/23 Regeneron reports Q1 adjusted EPS $10.09, consensus $9.56 02/03/23 Regeneron reports Q4 adjusted EPS $12.56, consensus $10.03 02/02/23 Notable companies reporting before tomorrow's open 04/27/23 Amgen raises FY23 adjusted EPS view to $17.60-$18.70 from $17.40-$18.60 04/27/23 Amgen reports Q1 adjusted EPS $3.98, consensus $3.85 04/27/23 Notable companies reporting after market close 03/01/23 Horizon Therapeutics reports Q4 EPS $1.21, consensus $1.09 04/12/23 Sanders to call CEOs of largest insulin makers to testify, STAT says 01/30/23 Sanofi plans to lay off staff at vaccine factories in India, Reuters says 01/23/23 CytoReason to license IBD disease model to Sanofi 01/13/23 Johnson & Johnson cuts production of Covid-19 vaccine, WSJ reports 05/17/23 Regeneron CEO backs regulators attempt to block Amgen deal, FT reports 05/16/23 FTC will sue to block Horizon Therapeutics takeover by Amgen, Bloomberg says 05/15/23 FTC looks to block Horizon Therapeutics deal with Amgen, Capitol Forum says 05/15/23 FTC looks to blow Horizon Therapeutics acquisition by Amgen, Capitol Forum says 05/10/23 What Wall Street is saying about Disney ahead of earnings 03/23/23 What You Missed On Wall Street On Thursday 03/23/23 What You Missed On Wall Street This Morning 03/14/23 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations $743.62 / -6.705 (-0.89%)
03/28/23 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations 03/27/23 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations 03/24/23 What You Missed On Wall Street On Friday 03/24/23 What You Missed On Wall Street This Morning 05/16/23 What You Missed On Wall Street On Tuesday 05/16/23 What You Missed On Wall Street This Morning 05/16/23 Fly Intel: Pre-market Movers 04/27/23 Fly Intel: After-Hours Movers $743.62 / -6.705 (-0.89%)
03/23/23 Early notable gainers among liquid option names on March 23rd 04/05/23 Early notable gainers among liquid option names on April 5th 02/17/23 Early notable gainers among liquid option names on February 17th 01/31/23 Amgen options imply 3.2% move in share price post-earnings
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Regeneron Pharmaceuticals…
Regeneron Pharmaceuticals (REGN) said it applauds the United States Supreme Court's unanimous opinion ending a nearly decade-long patent dispute related to the Regeneron-invented PCSK9 inhibitor, Praluent. The decision affirms the United States Court of Appeals for the Federal Circuit's opinion, which held that Amgen's (AMGN) asserted U.S. PCSK9 patent claims were invalid. Regeneron said: "This ruling validates Regeneron's longstanding position on this matter and represents an unequivocal win for America's innovation economy, its scientists, and researchers. Most importantly, it is a win for patients who rely on the lifesaving discoveries made through years of research and investment by the biopharma community. The justices rejected an attempt to radically change the longstanding legal standard for patent validity under the enablement doctrine - a move that would have blocked progress for entire classes of molecules, deterred innovative competition, and led to potential increases of drug prices."
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$744.20 / -6.125 (-0.82%)
05/02/23 Regeneron to highlight new, updates data at ASCO 04/17/23 Regeneron announces retirement of board chair 04/17/23 Regeneron aflibercept, EYLEA Injection to be featured at ARVO 2023 meeting 03/29/23 Regeneron announces EC approved Libtayo in combination with chemotherapy 05/18/23 Supreme Court upholds Sanofi PCSK9 drug patent victory over Amgen 05/18/23 Supreme Court upholds Sanofi patent victory over Amgen 05/16/23 Prometheus, Seagen slip after FTC sues to block Horizon acquisition 05/16/23 Horizon Therapeutics responds to FTC's action to block acquisition by Amgen $744.20 / -6.125 (-0.82%)
05/08/23 Guggenheim Regeneron price target lowered to $935 from $960 at Guggenheim 05/05/23 Morgan Stanley Regeneron price target raised to $927 from $880 at Morgan Stanley 05/05/23 SVB Securities Regeneron price target lowered to $895 from $976 at SVB Securities 05/03/23 Truist Regeneron price target raised to $1,050 from $856 at Truist 05/16/23 Stifel Seagen likely to stay 'distanced' from deal price after FTC action, says Stifel 05/16/23 Jefferies Jefferies thinks Amgen-Horizon deal still gets done after 'speed bump' 05/03/23 Mizuho Amgen price target raised to $214 from $208 at Mizuho 05/01/23 Truist Coherus Biosciences initiated with a Buy at Truist $744.20 / -6.125 (-0.82%)
05/04/23 Regeneron reports Q1 adjusted EPS $10.09, consensus $9.56 02/03/23 Regeneron reports Q4 adjusted EPS $12.56, consensus $10.03 02/02/23 Notable companies reporting before tomorrow's open 04/27/23 Amgen raises FY23 adjusted EPS view to $17.60-$18.70 from $17.40-$18.60 04/27/23 Amgen reports Q1 adjusted EPS $3.98, consensus $3.85 04/27/23 Notable companies reporting after market close 03/01/23 Horizon Therapeutics reports Q4 EPS $1.21, consensus $1.09 $744.20 / -6.125 (-0.82%)
05/17/23 Regeneron CEO backs regulators attempt to block Amgen deal, FT reports 05/16/23 FTC will sue to block Horizon Therapeutics takeover by Amgen, Bloomberg says 05/15/23 FTC looks to block Horizon Therapeutics deal with Amgen, Capitol Forum says 05/15/23 FTC looks to blow Horizon Therapeutics acquisition by Amgen, Capitol Forum says $744.20 / -6.125 (-0.82%)
03/28/23 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations 03/27/23 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations 03/24/23 What You Missed On Wall Street On Friday 03/24/23 What You Missed On Wall Street This Morning 05/16/23 What You Missed On Wall Street On Tuesday 05/16/23 What You Missed On Wall Street This Morning 05/16/23 Fly Intel: Pre-market Movers 04/27/23 Fly Intel: After-Hours Movers $744.20 / -6.125 (-0.82%)
03/23/23 Early notable gainers among liquid option names on March 23rd 04/05/23 Early notable gainers among liquid option names on April 5th 02/17/23 Early notable gainers among liquid option names on February 17th 01/31/23 Amgen options imply 3.2% move in share price post-earnings
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In a decision posted to…
In a decision posted to the Supreme Court website, the court stated: "This case concerns patents covering antibodies engineered by scientists that help reduce levels of low-density lipoprotein cholesterol, sometimes called bad cholesterol because it can lead to cardiovascular disease, heart attacks, and strokes. To treat patients with high LDL cholesterol, scientists explored how antibodies might be used to inhibit PCSK9-a naturally occurring protein that binds to and degrades LDL receptors responsible for extracting LDL cholesterol from the bloodstream. Two pharmaceutical companies-Amgen and Sanofi-each developed a PCSK9-inhibiting drug. In 2011, Amgen obtained a patent for the antibody employed in its drug, and Sanofi received one covering the antibody used in its drug... After Amgen obtained the 2014 patents, it sued Sanofi for infringement. Sanofi replied that it was not liable to Amgen for infringement because Amgen's relevant claims were invalid under the Patent Act's 'enablement' requirement. That provision requires a patent applicant to describe the invention 'in such full, clear, concise, and exact terms as to enable any person skilled in the art . . . to make and use the ' as defined by the relevant claims." Reference Link
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05/10/23 Sanofi is implementing Veeva tools to modernize its quality system 05/01/23 Maze Therapeutics announces license agreement with Sanofi for MZE001 04/27/23 Sanofi completes acquisition of Provention Bio $223.12 / -1.885 (-0.84%)
05/18/23 Supreme Court upholds Sanofi patent victory over Amgen 05/16/23 Prometheus, Seagen slip after FTC sues to block Horizon acquisition 05/16/23 Horizon Therapeutics responds to FTC's action to block acquisition by Amgen 05/16/23 Amgen: Horizon Therapeutics deal poses 'no legitimate competitive issues' $223.12 / -1.885 (-0.84%)
05/16/23 Stifel Seagen likely to stay 'distanced' from deal price after FTC action, says Stifel 05/16/23 Jefferies Jefferies thinks Amgen-Horizon deal still gets done after 'speed bump' 05/03/23 Mizuho Amgen price target raised to $214 from $208 at Mizuho 05/01/23 Truist Coherus Biosciences initiated with a Buy at Truist 05/04/23 Raymond James Kymera Therapeutics upgraded to Outperform from Market Perform at Raymond James 04/28/23 Deutsche Bank Sanofi downgraded to Sell from Hold at Deutsche Bank 04/28/23 Deutsche Bank Sanofi downgraded to Sell from Hold at Deutsche Bank 04/20/23 Deutsche Bank Sanofi price target raised to EUR 90 from EUR 85 at Deutsche Bank 04/27/23 Sanofi confirms FY23 business EPS view of up low single digits at CER 04/27/23 Sanofi reports Q1 business EPS EUR 2.16, up 11.9% at CER 03/30/23 IGM Biosciences Sanofi sees FY23 revenue $3M, consensus $5.5M 02/03/23 Sanofi sees 2023 business EPS up at low single digit rate at CER $223.12 / -1.885 (-0.84%)
04/27/23 Amgen raises FY23 adjusted EPS view to $17.60-$18.70 from $17.40-$18.60 04/27/23 Amgen reports Q1 adjusted EPS $3.98, consensus $3.85 04/27/23 Notable companies reporting after market close 03/01/23 Horizon Therapeutics reports Q4 EPS $1.21, consensus $1.09 04/12/23 Sanders to call CEOs of largest insulin makers to testify, STAT says 01/30/23 Sanofi plans to lay off staff at vaccine factories in India, Reuters says 01/23/23 CytoReason to license IBD disease model to Sanofi 01/13/23 Johnson & Johnson cuts production of Covid-19 vaccine, WSJ reports $223.12 / -1.885 (-0.84%)
05/17/23 Regeneron CEO backs regulators attempt to block Amgen deal, FT reports 05/16/23 FTC will sue to block Horizon Therapeutics takeover by Amgen, Bloomberg says 05/15/23 FTC looks to block Horizon Therapeutics deal with Amgen, Capitol Forum says 05/15/23 FTC looks to blow Horizon Therapeutics acquisition by Amgen, Capitol Forum says 05/10/23 What Wall Street is saying about Disney ahead of earnings 03/23/23 What You Missed On Wall Street On Thursday 03/23/23 What You Missed On Wall Street This Morning 03/14/23 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations $223.12 / -1.885 (-0.84%)
05/16/23 What You Missed On Wall Street On Tuesday 05/16/23 What You Missed On Wall Street This Morning 05/16/23 Fly Intel: Pre-market Movers 04/27/23 Fly Intel: After-Hours Movers $223.12 / -1.885 (-0.84%)
04/05/23 Early notable gainers among liquid option names on April 5th 02/17/23 Early notable gainers among liquid option names on February 17th 01/31/23 Amgen options imply 3.2% move in share price post-earnings
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05/10/23 Sanofi is implementing Veeva tools to modernize its quality system 05/01/23 Maze Therapeutics announces license agreement with Sanofi for MZE001 04/27/23 Sanofi completes acquisition of Provention Bio 04/26/23 Hart-Scott-Rodino waiting period expires for Sanofi's acquisition of Provention 05/16/23 Prometheus, Seagen slip after FTC sues to block Horizon acquisition 05/16/23 Horizon Therapeutics responds to FTC's action to block acquisition by Amgen 05/16/23 Amgen: Horizon Therapeutics deal poses 'no legitimate competitive issues' 05/16/23 Amgen 'disappointed' in FTC's decision to block Horizon Therapeutics deal 05/16/23 Stifel Seagen likely to stay 'distanced' from deal price after FTC action, says Stifel 05/16/23 Jefferies Jefferies thinks Amgen-Horizon deal still gets done after 'speed bump' 05/03/23 Mizuho Amgen price target raised to $214 from $208 at Mizuho 05/01/23 Truist Coherus Biosciences initiated with a Buy at Truist 05/04/23 Raymond James Kymera Therapeutics upgraded to Outperform from Market Perform at Raymond James 04/28/23 Deutsche Bank Sanofi downgraded to Sell from Hold at Deutsche Bank 04/28/23 Deutsche Bank Sanofi downgraded to Sell from Hold at Deutsche Bank 04/20/23 Deutsche Bank Sanofi price target raised to EUR 90 from EUR 85 at Deutsche Bank 04/27/23 Sanofi confirms FY23 business EPS view of up low single digits at CER 04/27/23 Sanofi reports Q1 business EPS EUR 2.16, up 11.9% at CER 03/30/23 IGM Biosciences Sanofi sees FY23 revenue $3M, consensus $5.5M 02/03/23 Sanofi sees 2023 business EPS up at low single digit rate at CER 04/27/23 Amgen raises FY23 adjusted EPS view to $17.60-$18.70 from $17.40-$18.60 04/27/23 Amgen reports Q1 adjusted EPS $3.98, consensus $3.85 04/27/23 Notable companies reporting after market close 03/01/23 Horizon Therapeutics reports Q4 EPS $1.21, consensus $1.09 04/12/23 Sanders to call CEOs of largest insulin makers to testify, STAT says 01/30/23 Sanofi plans to lay off staff at vaccine factories in India, Reuters says 01/23/23 CytoReason to license IBD disease model to Sanofi 01/13/23 Johnson & Johnson cuts production of Covid-19 vaccine, WSJ reports 05/17/23 Regeneron CEO backs regulators attempt to block Amgen deal, FT reports 05/16/23 FTC will sue to block Horizon Therapeutics takeover by Amgen, Bloomberg says 05/15/23 FTC looks to block Horizon Therapeutics deal with Amgen, Capitol Forum says 05/15/23 FTC looks to blow Horizon Therapeutics acquisition by Amgen, Capitol Forum says 05/10/23 What Wall Street is saying about Disney ahead of earnings 03/23/23 What You Missed On Wall Street On Thursday 03/23/23 What You Missed On Wall Street This Morning 03/14/23 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations 05/16/23 What You Missed On Wall Street On Tuesday 05/16/23 What You Missed On Wall Street This Morning 05/16/23 Fly Intel: Pre-market Movers 04/27/23 Fly Intel: After-Hours Movers 04/05/23 Early notable gainers among liquid option names on April 5th 02/17/23 Early notable gainers among liquid option names on February 17th 01/31/23 Amgen options imply 3.2% move in share price post-earnings
Options
Wednesday's total…
Wednesday's total option volume of 46.4 million contracts resulted in net open interest growth of 4.28 million calls and 3.59 million puts. Alibaba (BABA), Horizon Pharma (HZNP), Apple (AAPL) and Carnival (CCL) saw the greatest growth. Top five new positions opened include 31k Rayonier Advanced Materials (RYAM) Aug-23 2.5 puts, 25k AMC Entertainment (AMC) Jul-23 10 puts, 24k AMC Entertainment (AMC) Jul-23 10 calls, 22k Carnival (CCL) Jul-23 12 calls and 21k Horizon Pharma (HZNP) Aug-23 115 calls.
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HZNP Horizon Therapeutics 05/16/23 Prometheus, Seagen slip after FTC sues to block Horizon acquisition 05/16/23 Horizon Therapeutics responds to FTC's action to block acquisition by Amgen 05/16/23 Amgen: Horizon Therapeutics deal poses 'no legitimate competitive issues' 05/16/23 Amgen 'disappointed' in FTC's decision to block Horizon Therapeutics deal 04/25/23 Princess becomes official cruise vaction partner for Porsche Club of America 03/27/23 Carnival CEO says 'well booked for the remainder of the year at higher prices' 03/27/23 Carnival ends Q1 with $8.1B of liquidity 01/27/23 Salesforce appoints three new independent directors to board 05/15/23 Third Point buys Alibaba, cuts AIG in Q1 05/15/23 Alibaba says SEC completed review of fiscal 2022 annual report 05/03/23 Imax grosses $7.8M during 6-day May Day holiday in China 04/25/23 Senators send letter urging Treasury chief Yellen to sanction China cloud firms 05/18/23 Apple expands Apple Store online into Vietnam 05/17/23 Apple expands Apple Store online in Vietnam 05/16/23 Apple says App Store stopped more than $2B in fraudulent transactions in 2022 05/15/23 Berkshire Hathaway takes stake in Capital One, exits RH 05/10/23 Loop Capital Alibaba price target lowered to $130 from $135 at Loop Capital 05/09/23 Mizuho Alibaba price target lowered to $145 from $155 at Mizuho 04/13/23 UBS JD.com downgraded to Neutral at UBS on competitive headwinds 04/04/23 HSBC Alibaba price target raised to $143 from $138 at HSBC HZNP Horizon Therapeutics 05/16/23 Stifel Seagen likely to stay 'distanced' from deal price after FTC action, says Stifel 05/16/23 Jefferies Jefferies thinks Amgen-Horizon deal still gets done after 'speed bump' 04/17/23 Wells Fargo Viridian Therapeutics initiated with an Overweight at Wells Fargo 03/29/23 Stifel Viridian Therapeutics initiated with a Buy at Stifel 05/15/23 Loop Capital Alphabet downgraded to Hold on AI uncertainties at Loop Capital 05/09/23 Craig-Hallum Skyworks price target lowered to $125 from $130 at Craig-Hallum 05/09/23 Susquehanna Skyworks price target lowered to $125 from $130 at Susquehanna 05/09/23 BofA Skyworks price target lowered to $100 from $108 at BofA 04/28/23 JPMorgan Carnival initiated with a Neutral at JPMorgan 04/05/23 Macquarie Macquarie keeps Outperform on Carnival, raises price target to $11 03/29/23 Susquehanna Susquehanna upgrades Carnival with liquidity concerns 'effectively de-risked' 03/29/23 Susquehanna Carnival upgraded to Positive from Neutral at Susquehanna HZNP Horizon Therapeutics 05/03/23 Horizon Therapeutics: Q1 Tepezza net sales $405.3M 05/03/23 Horizon Therapeutics reports Q1 EPS 83c, consensus $1.12 03/01/23 Horizon Therapeutics reports Q4 EPS $1.21, consensus $1.09 03/27/23 Carnival sees Q2 adjusted EBITDA $600M-$700M 03/27/23 Carnival sees FY23 adjusted EBITDA $3.9B-$4.1B 03/27/23 Carnival sees FY23 adjusted EPS (44c)-(28c), consensus (8c) 03/27/23 Carnival sees Q2 adjusted EPS (42c)-(34c), consensus (28c) 05/18/23 Alibaba reports Q4 EPS $1.56, consensus $1.35 05/17/23 Notable companies reporting before tomorrow's open 02/23/23 Alibaba reports Q3 adjusted EPS $2.79, consensus $2.37 05/04/23 Apple sees Q3 revenue growth 'similar' to Q2, consensus $84.71B 05/04/23 Apple sees Q3 revenue 'similar' to Q2, consensus $84.71B 05/04/23 Apple reports Q2 EPS $1.52, consensus $1.43 05/04/23 Notable companies reporting after market close
Periodicals
U.S regulators are…
U.S regulators are tackling a novel area in trying to prevent Amgen's (AMGN) $28B acquisition of Horizon Therapeutics (HZNP), writes Hannah Kuchler and Jamie Smyth for the Financial times. Regeneron (REGN) chief executive, Leonard Schleifer, is backing the regulators attempt to block Amgen as he accused "some pharmaceutical companies of abusing their market power," added the FT story. Reference Link
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