27 October, 2017 by The TZ Newswire Staff Comments Off on Vertex Pharmaceuticals Incorporated: One Eye on Earnings, One on the Pipeline
Vertex Pharmaceuticals Incorporated: One Eye on Earnings, One on the Pipeline
Vertex Pharmaceuticals (NASDAQ: VRTX) reported solid third-quarter earnings, with sales of its cystic fibrosis drugs up 34% year over year. Nevertheless, investors rightfully have one eye on the company’s pipeline, looking for the next drug that will drive future growth. Fortunately, Vertex has a combination under review by U.S. and EU regulators, and is preparing to test a pair of triple combinations that the company thinks will allow it to treat 90% of cystic fibrosis patients.
Metric
Q3 2017
27 October, 2017 by The TZ Newswire Staff Comments Off on Oil and Gas Stock Roundup: Earnings Fueled a Volatile Week for Oil Stocks
Oil and Gas Stock Roundup: Earnings Fueled a Volatile Week for Oil Stocks
Crude prices rallied this week on the growing anticipation that OPEC would extend its production reduction agreement through the end of 2018. That should help drain off more of the market’s excess inventory, which should at least put a floor under oil prices. For the week, the U.S. oil benchmark, WTI, rose about 3% to more than $53 a barrel, finishing at the highest level in six months, while the global oil benchmark, Brent, increased nearly 4% and topped $60 a barrel for the first time in more than two years.
27 October, 2017 by The TZ Newswire Staff Comments Off on Is the Closing of a "Star Wars" Game Studio a Warning Sign for Electronic Arts Investors?
Is the Closing of a "Star Wars" Game Studio a Warning Sign for Electronic Arts Investors?
Right in time for the Halloween season, Electronic Arts (NASDAQ: EA) has delivered news that has given some shareholders a fright. The publisher announced on Oct. 17 that it would be closing Visceral Games, a studio within the company that had been working on a big-budget Star Wars game. The title will be picked up by a new team but will undergo a substantial change in direction and is now likely years from release.
27 October, 2017 by The TZ Newswire Staff Comments Off on CoStar Group, Inc. Earnings Surge 44%
CoStar Group, Inc. Earnings Surge 44%
CoStar Group (NASDAQ: CSGP) reported third-quarter results on Oct. 25.
The new business model for the provider of commercial real estate information is exceeding expectations for sales and profits, and management now expects CoStar to exceed its goal of $1 billion in run-rate revenue exiting 2017.
Image source: Getty Images.
27 October, 2017 by The TZ Newswire Staff Comments Off on 3 Value Stocks at 52-Week Highs Still Worth Buying
3 Value Stocks at 52-Week Highs Still Worth Buying
Just because a stock has hit a new 52-week high doesn’t mean it can’t go on to loftier levels. Sometimes, stocks will even pull back a little bit before resuming their run-ups again.
We asked three Motley Fool investors to identify a value stock that recently hit a new high. They chose Amgen (NASDAQ: AMGN), Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL), and Avis Budget Group (NASDAQ: CAR), and tell us why these company’s stocks, which have receded from those peaks, shouldn’t be able to hit new highs.
27 October, 2017 by The TZ Newswire Staff Comments Off on Facebook employees are debating whether the company should censor what users post
Facebook employees are debating whether the company should censor what users post
There’s a debate among Facebook employees over how to handle organic content, or posts from users, that with offensive content, the New York Times reports
27 October, 2017 by The TZ Newswire Staff Comments Off on Rental Nation: Unique ‘Solution’ Emerges To Address Flood Of Off-Lease Vehicles…Lease Them Again
Rental Nation: Unique ‘Solution’ Emerges To Address Flood Of Off-Lease Vehicles…Lease Them Again
We’ve written frequently of late about the coming wave of off-lease vehicles that threatens to flood the used car market with excess supply, crush used car prices and simultaneously wreak havoc on the new car market as well.