The World’s Most Expensive Drug ($1,210,000/dose) From UniQure B.V. Will Soon Become Extinct
Apr 20, 2017
Jeremy Parkinson
Finance
Written by John Carroll UniQure B.V. (QURE) announced this morning that it has decided not to seek the re-authorization authority that would have been required to keep this drug on the market past October. After bypassing the FDA as a lost cause and seeing only one reported use of the gene therapy in Europe, which provided a […]
Select Comfort Corporation Shares Pop On Excellent Q1 Results
Apr 20, 2017
Jeremy Parkinson
Finance
Select Comfort Corporation (SCSS), a company that designs, manufactures, markets, retails sleep number beds yesterday reported their first quarter 2017 financial results. Select Comfort reported first-quarter earnings of $0.56 per share which beat analyst expectations of $0.46 per share. Select Comfort reported first quarter revenues of $393.9 million which beat analyst expectations of $370.2 million. […]
Watch List Stocks: WY, IPG And BG
Apr 20, 2017
Jeremy Parkinson
Finance
Watch list stocks to trade Long Weyerhaeuser (WY) Long Interpublic Group of Cos (IPG) Short Bunge (BG)
Forex Forecast For EURUSD, GBPUSD, USDCAD, USDJPY – Thursday, April 20
Apr 20, 2017
Jeremy Parkinson
Finance
Forecast for the EUR/USD currency pair Technical indicators of the currency pair: Prev Opening: 1.07305 Opening: 1.07114 Chg. % of the last day: -0.21 Daily range: 1.07078 – 1.07475 52-week range: 1.0366 – 1.1616 Yesterday, the correction was observed on EUR/USD. At the same time, the price kept a round level of 1.07000, which caused […]
IBM Still Awaits Benefits Of The Turnaround
Apr 20, 2017
Jeremy Parkinson
Finance
For the first time in the last five quarters, IBM (NYSE: IBM) missed revenue expectations for the quarter. The market is understandably unhappy, and the stock has plunged more than 5% in the after-hours trading session. IBM’s Financials This was also the 20th consecutive quarter that IBM posted a revenue decline. Revenues for the first quarter […]
EC
PAG: Growth, Value And Dividend Growth Hiding In Plain Sight
Apr 20, 2017
Jeremy Parkinson
Finance
Introduction Finding attractive investments in the dividend growth space has become a real challenge in today’s overheated market. This is especially true if you limit yourself to looking in the obvious places. Simply stated, you won’t find any bargains today in the Procter & Gambles, Johnson & Johnson’s and Coca-Colas. In other words, the flight […]
April 2017 Philly Fed Manufacturing Survey Declined But Remains Firmly In Expansion
Apr 20, 2017
Jeremy Parkinson
Finance
The Philly Fed Business Outlook Survey declined again but remains firmly in expansion. Key elements likewise declined. Analyst Opinion of the Philly Fed Business Outlook Survey There is continuing significant strength in this survey from new orders even with the decline. Note that last month, Federal Reserve data shows manufacturing declined and the regional fed […]
E
EUR/USD May See Limited Upside In The Current Rally
Apr 20, 2017
Jeremy Parkinson
Finance
We see EUR/USD trading higher, now at 61.8% Fib level where reversal may occur if we consider that there are five sub-waves within wave c, and also resistance of the fourth wave of two lesser degrees. We are waiting on a turndown, below current channel that should then confirm a weaker euro. EUR/USD, 1H
D.R. Horton, Inc. Beats On Q2 Earnings & Revenues
Apr 20, 2017
Jeremy Parkinson
Finance
D.R. Horton Inc. (DHI – Free Report) is one of the leading national homebuilders. The company offers a diversified line of homes across various price points through its multi-brand platform. While its Express brand caters to entry-level buyers looking for affordability, its high-end brand, Emerald, targets luxury buyers. Moreover, the company enjoys one of the broadest geographic diversities […]
E
Market Briefing For Thursday, April 20
Apr 20, 2017
Jeremy Parkinson
Finance
Reflationary impulses have been increasingly muted for months now; no surprise. Whether housing, autos, price-cutting, inventory bloats (like autos) or even mis-positioning by many hedge funds (who then played a catch-up game to get-into sectors benefiting from ‘new American’ focuses on growth) who generally have under-performed the Indexes.. any way one looks at it the […]