Fly News Breaks for August 1, 2019
TNDM, DXCM, PODD
Aug 1, 2019 | 14:08 EDT
Piper Jaffray analyst JP McKim noted that T1D Exchange, a nonprofit research organization, released its findings of a survey of Type 1 Diabetes patients. The survey results lead him to believe "there is plenty of growth just in the Type 1 market ahead" for Dexcom (DXCM), to be followed by the G7 launch, which will "help unlock the Type 2 market." The survey also points to "an unprecedented level of market share taking" by Tandem (TNDM) in the first 6 months of the year and was positive for Insulet (PODD) as well, McKim tells investors. He has Overweight ratings on all three stocks mentioned.
News For TNDM;DXCM;PODD From the Last 2 Days
Sep 19, 2019 | 08:50 EDT
Conference call with President, Director & CEO Petrovic will be held on September 19 at 1 pm hosted by SVB Leerink.
Sep 18, 2019 | 18:46 EDT
UP AFTER EARNINGS: Herman Miller (MLHR) up 9.1%. ALSO HIGHER: Savara (SVRA) up 11.1% after announcing presentation of additional data for Molgradex at ERS... China Biologic (CBPO) up 7.6% after disclosing "going private" offer from Beachhead Holdings and Citic Capital... NCR Corp (NCR) up 3.4% after backing FY19 guidance, retiring convertible preferred stock... Microsoft (MSFT) up 1.3% after announcing new $40B buyback, raising dividend by 11%... Tandem Diabetes (TNDM) up 1.3% after disclosing t:slim X2 pump results. DOWN AFTER EARNINGS: U.S. Steel (X) down 8.7% after negative Q3 pre-announcement. ALSO LOWER: Provention Bio (PRVB) down 9.4% after equity offering... Plains All American (PAA) down 1.7% after secondary offerings... Costco (COST) down 0.8% after being cut to Underperform at Bernstein. Movers as of 18:30ET.
Sep 18, 2019 | 07:24 EDT
Meeting to be held in Boston on September 19 hosted by Oppenheimer.