Category: Business News
Tandem Diabetes Care Says Doubts to Remaining a Going Concern

Tandem Diabetes Care Says Doubts to Remaining a Going Concern

Tandem Diabetes Care (TNDM) fell more than 30% in Friday's pre-market trade to a new record low after the medical device company reported in a regulatory filing it expects it will ...

Ocean Rig UDW Gets New Drilling Contract

Ocean Rig UDW Gets New Drilling Contract

Ocean Rig UDW (ORIG), an international contractor of offshore deepwater drilling services, said Friday it has won a new drilling contract from Statoil, for a one-well drilling ...

Wall Street Poised for Stronger Open Amid Earnings, Data, and Fed Speakers

Wall Street Poised for Stronger Open Amid Earnings, Data, and Fed Speakers

U.S. stocks were set for a stronger open on Friday amid a raft of corporate earnings, data and speeches from the Fed. Oil prices posted strong gains with global benchmark ...

XL Group Q3 Catastrophe-Loss Estimate Comes in Narrower Than Janney Expected

XL Group Q3 Catastrophe-Loss Estimate Comes in Narrower Than Janney Expected

XL Group's (XL) late-Wednesday warning of its Q3 catastrophe-loss estimates related prompted Janney Montgomery Scott to narrow its Q3 and 2017 loss estimates for the ...

US Dollar Index Posts Three-Week Low Overnight

US Dollar Index Posts Three-Week Low Overnight

The U.S. dollar index posted a near three-week low overnight, led by EUR/USD advance to trend highs of near 1.1880. USD/JPY managed to remain inside of Wednesday's trading band, ...

BioDelivery Sciences Settles Patent Litigation on Opioid Dependence Treatment — Shares Up More Than 5%

BioDelivery Sciences Settles Patent Litigation on Opioid Dependence Treatment — Shares Up More Than 5%

BioDelivery Sciences International (BDSI) is up more than 5% in pre-market trading after a favorable court settlement in patent litigation on Bunavail, a maintenance treatment for ...

Therapix Biosciences Shares Rise 6% on Partnership with Catalent Pharma For Tourette Syndrome Treatment

Therapix Biosciences Shares Rise 6% on Partnership with Catalent Pharma For Tourette Syndrome Treatment

Therapix Biosciences (TRPX) shares were higher 6% on Friday after the company said it and Catalent (CTLT) Pharma Solutions will jointly develop and manufacture the investigational ...

Netflix Shares Touch New Record

Netflix Shares Touch New Record

Netflix (NFLX) shares rose to a new record on Friday as Oppenheimer raised the price target on the stock to $215 from $200 after the company announced a forthcoming pricing ...

AstraZeneca Has Positive Results From Two Lung-Cancer Trials With Imfinzi and Tagrisso

AstraZeneca Has Positive Results From Two Lung-Cancer Trials With Imfinzi and Tagrisso

AstraZeneca's (AZN) American depositary shares jumped 2% to the highest since late July after the U.K. drugmaker reported positive results from two late stage trials with lung ...

Consumer Stocks Lower Ahead of Opening Bell

Consumer Stocks Lower Ahead of Opening Bell

Consumer shares were lower ahead of Tuesday's open. In sector news, The Finish Line (FINL) fell 30% after the company said late Monday Q2 consolidated net sales were down 3.3% ...