Adobe Systems Upgraded to Overweight by Morgan Stanley, Price Target Raised to $340 Adobe Systems Upgraded to Overweight by Morgan Stanley, Price Target Raised to $340
Scorpio Bulkers Swings to Profit in Q1, Revenue Exceeds Estimates Scorpio Bulkers Swings to Profit in Q1, Revenue Exceeds Estimates
Wynn Resorts Says Proxy Firms Back Plans for Board Nominees, Executive Pay Wynn Resorts Says Proxy Firms Back Plans for Board Nominees, Executive Pay
Southwest Airlines First-Quarter Results Beats Expectations Despite Boeing 737 MAX Groundings Southwest Airlines First-Quarter Results Beats Expectations Despite Boeing 737 MAX Groundings
Market News Southwest Airlines First-Quarter Results Beats Expectations Despite Boeing 737 MAX Groundings

Southwest Airlines First-Quarter Results Beats Expectations Despite Boeing 737 MAX Groundings

Southwest Airlines (LUV) unveiled guidance for its second quarter on Thursday as it posted better-than-expected results for its first quarter despite the impact of Boeing 737 MAX aircraft being grounded, unscheduled maintenance and severe weather. The Dallas, Texas-headquartered company posted total operating revenue of $5.15 billion in the three months ended March 31, up 4.1% from the prior-year quarter. This […]

Stock Watch AxoGen to Expand Enrollment of Phase 3 Study of Avance Nerve Graft

AxoGen to Expand Enrollment of Phase 3 Study of Avance Nerve Graft

AxoGen (AXGN) said Monday that it has completed the planned interim analysis for its phase 3 RECON study, which will support the submission of a Biologic License Application (BLA) to the Food and Drug Administration for for its Avance Nerve Graft. Based on the results of the interim analysis, the study’s independent biostatistician recommended continuation of the study with a […]

Finance Wynn Resorts Says Proxy Firms Back Plans for Board Nominees, Executive Pay

Wynn Resorts Says Proxy Firms Back Plans for Board Nominees, Executive Pay

Wynn Resorts (WYNN) said proxy advisory firms Glass Lewis & Co. and Institutional Shareholder Services Inc. have recommended that shareholders vote for the casino and resort company’s planned executive compensation proposal and endorse all three directors who are up for re-election. “”Given the very high level of refreshment of the Company’s management and board, as well as the remedial actions […]

Earnings Scorpio Bulkers Swings to Profit in Q1, Revenue Exceeds Estimates

Scorpio Bulkers Swings to Profit in Q1, Revenue Exceeds Estimates

Scorpio Bulkers (SALT) reported pre-market Monday Q1 adjusted earnings of $0.06 per share compared to a loss of $0.08 per share in the prior-year period. Analysts polled by Capital IQ were expecting a net loss of $0.18 per share. Vessel revenue for the March quarter dropped to $50.4 million from $54.3 million in the first quarter of 2018. The CapIQ […]

Latest News

Adobe Systems Upgraded to Overweight by Morgan Stanley, Price Target Raised to $340

Adobe Systems Upgraded to Overweight by Morgan Stanley, Price Target Raised to $340

Adobe Systems (ADBE) received an investment-rating upgrade Monday to overweight from equal-weight from Morgan Stanley as the firm said it expects the software company’s earnings per share to have a compound annual growth rate of at least 20% over the next three years even if digital-media growth begins to wane. The firm also raised its price target on Adobe’s shares […]

Scorpio Bulkers Swings to Profit in Q1, Revenue Exceeds Estimates

Scorpio Bulkers Swings to Profit in Q1, Revenue Exceeds Estimates

Scorpio Bulkers (SALT) reported pre-market Monday Q1 adjusted earnings of $0.06 per share compared to a loss of $0.08 per share in the prior-year period. Analysts polled by Capital IQ were expecting a net loss of $0.18 per share. Vessel revenue for the March quarter dropped to $50.4 million from $54.3 million in the first quarter of 2018. The CapIQ […]

Wynn Resorts Says Proxy Firms Back Plans for Board Nominees, Executive Pay

Wynn Resorts Says Proxy Firms Back Plans for Board Nominees, Executive Pay

Wynn Resorts (WYNN) said proxy advisory firms Glass Lewis & Co. and Institutional Shareholder Services Inc. have recommended that shareholders vote for the casino and resort company’s planned executive compensation proposal and endorse all three directors who are up for re-election. “”Given the very high level of refreshment of the Company’s management and board, as well as the remedial actions […]

Southwest Airlines First-Quarter Results Beats Expectations Despite Boeing 737 MAX Groundings

Southwest Airlines First-Quarter Results Beats Expectations Despite Boeing 737 MAX Groundings

Southwest Airlines (LUV) unveiled guidance for its second quarter on Thursday as it posted better-than-expected results for its first quarter despite the impact of Boeing 737 MAX aircraft being grounded, unscheduled maintenance and severe weather. The Dallas, Texas-headquartered company posted total operating revenue of $5.15 billion in the three months ended March 31, up 4.1% from the prior-year quarter. This […]

AxoGen to Expand Enrollment of Phase 3 Study of Avance Nerve Graft

AxoGen to Expand Enrollment of Phase 3 Study of Avance Nerve Graft

AxoGen (AXGN) said Monday that it has completed the planned interim analysis for its phase 3 RECON study, which will support the submission of a Biologic License Application (BLA) to the Food and Drug Administration for for its Avance Nerve Graft. Based on the results of the interim analysis, the study’s independent biostatistician recommended continuation of the study with a […]

Eli Lilly, Avidity in Immunology Licensing, Research Agreement of Up to $440 Mln

Eli Lilly, Avidity in Immunology Licensing, Research Agreement of Up to $440 Mln

Eli Lilly and Co. (LLY) said it agreed to a global licensing and research collaboration worth a potential $440 million with Avidity Biosciences Inc. to develop and distribute potential new medicines in immunology and other select indications. Avidity will contribute its technology platform to progress new therapeutic approaches toward clinical development and commercialization, the pharmaceutical companies said Monday. Under the […]