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Leerink Reiterates Outperform rating on Incyte Corporation(NASDAQ:INCY) Here is Why

Equity Analysts Michael Schmidt, Ph.D.and Jonathan Chang, Ph.D.of Investment Research Firm Leerink Partners LLC issued a research report and reiterated their outperform rating on Incyte Corporation(NASDAQ:INCY) titled ”3rd Baricitinib Trial Positive, One to Go; Buy the Pullback” on September 29. The report stated that ”Bottom Line: INCY and LLY (OP) […]

Sadif Issues Summary Due Diligence Report on Canadian Solar Inc.(NASDAQ:CSIQ)

On September 29 Sadif Newsletter  & Investment Management Portal Issued a Summary Due Diligence Report on Canadian Solar Inc.(NASDAQ:CSIQ) titled ”Is There Long-Term Value in Canadian Solar Inc.?” The report states that ”Canadian Solar Inc. is a high quality company with a neutral outlook.Canadian Solar Inc. has strong business growth […]

Advaxis Reports 38.5% 12-Month Survival Rate In Cervical Cancer Patients

Advaxis (ADXS), a biotechnology company, said Stage 1 data in a Phase 2 trial showed treatment with its axalimogene filolisbac resulted in a 38.5% percent 12-month overall survival rate in 26 patients with persistent or recurrent metastatic cervical cancer. Safety data showed that Grade 1 or 2 adverse events occurred […]

SouFun Holdings To Raise Between $400 Million And $700 Million

SouFun Holdings (SFUN), a real estate Internet portal in China, Friday reported “subscription agreements” with IDG Capital Partners, and with entities affiliated the Carlyle Group, and with founder, Chairman and CEO Vincent Mo, in which between $400 million and $700 million (of which 50% will be convertible notes) will be […]

Deutsche Bank To Close Corporate Banking & Securities Business in Russia

Deutsche Bank (DB) said Friday that it will close its onshore Corporate Banking & Securities business presence in Russia as part of an ongoing review of its global footprint. The firm said it has made the decision to reduce complexity, costs, risks, and capital consumption. Deutsche Bank’s Russian Corporate Finance […]

Zayo Group Returns to Profit in Fiscal Q4 But Falls Short of Views

Zayo Group (ZAYO) reported a fiscal Q4 profit compared to a loss the year earlier while its revenue rose to exceed estimates. The provider of bandwidth infrastructure said it had a profit of $5.1 million in the quarter ended June 30 compared to a loss of $53.7 million a year […]

Broadwind Energy Lowers Guidance; Cuts Q3 Revenue Outlook By One-Fifth

Broadwind Energy (BWEN) Friday reported that its revenue and loss per share for the quarter ending Sept. 30 are expected to be below the company’s previous estimates, as a result of production difficulties and supplier-quality issues at its Manitowoc, WI tower facility. Broadwind, active in windmills and other gearing markets, […]

Update: PSB Holdings Hits Highest Level Since 2008

PSB Holdings (PSBH) soared to the highest level since 2008. The company said late Wednesday in a SEC filing Putnam Bancorp, MHC (the Mutual Holding Company), PSB Holdings, Inc. and Putnam Bank each adopted a Plan of Conversion and Reorganization of the Mutual Holding Company pursuant to which the Mutual […]

Market Chatter: ZS Pharma Hits New Record High Off Halt

Shares of ZS Pharma (ZSPH) touched a fresh record high after resuming trade Thursday afternoon following a Bloomberg report noting Actelion Ltd. CEO Jean-Paul Clozel made a preliminary takeover offer in August, in a deal valuing the biopharmaceutical firm at $2.5 billion. ZSPH was up almost 32% in recent afternoon […]