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Biotech to Launch Preclinical Studies of Antibody in Eight Cancer Types

This company's new trials, preferred dosing and upcoming biologics license application submission are discussed in an H.C. Wainwright & Co. report. In a Feb. 20 research note, H.C. Wainwright & Co. analyst Ram Selvaraju reported that CytoDyn Inc. (CYDY:OTCQB) plans to...

Edwards Lifesciences Gets a Charge on Positive Q2 Earnings Report

Edwards Lifesciences is trading higher after reporting higher than expected adjusted earnings for Q2/19. The company estimates that the FDA will approve its SAPIEN 3 valve and SAPIEN 3 Ultra system in Q3/19. Structural heart disease and critical care monitor...

WPX Energy Raises Full-Year Oil Guidance by 4% and Initiates $400M Stock Repurchase Plan

Shares of WPX Energy are trading higher after it released second quarter earnings and raised full-year oil guidance by 4%. The firm also announced it is initiating a 24-month, $400 million share repurchase program. After the close of trading yesterday, W...

Castle Biosciences Shares Storm Higher After Quadrupling Q3 YoY Revenue

Shares of melanoma and other skin cancers diagnostic firm Castle Biosciences Inc. traded more than 15% higher today after the firm announced Q3/19 financial and operational results. Skin cancer diagnostics company Castle Biosciences Inc. (CSTL:NASDAQ) , which provide...

NGL Energy Partners Shares Rise 80% as the Firm Confirms 2020 Guidance

Shares of NGL Energy Partners traded higher after the company confirmed its fiscal 2020 EBITDA guidance and provided an update on current operations and capital expenditure reductions. Midstream energy firm NGL Energy Partners LP (NGL:NYSE) today provided ...

Splunk Shares Rise 12% on Q1 Earnings and 52% ARR Growth

Shares of Splunk Inc. established a new 52-week high price after the company reported Q1/21 financial results that included an 81% year-over-year increased in Cloud revenues. Machine data aggregation and analytics platform company Splunk Inc. (SPLK:NASDAQ) yester...

Gold Producer Boosts 2019 Production Guidance After Resource Update

The new resource numbers and expectations for 2019 are summarized in a CIBC report. In a Feb. 21 research note, Cosmos Chiu reported Kirkland Lake Gold Inc. (KL:TSX; KL:NYSE) released a company-wide resource update, in which total reserves expanded 24% to 5.75 million...

Target Price Lowered on Goldcorp to Reflect Updated Model

A CIBC report itemized the revisions and noted their cumulative impact. In a March 11 research note, analyst Anita Soni reported that CIBC lowered its price target on Goldcorp Inc. (G:TSX; GG:NYSE) to US$12 per share from US$12.50 (current share price is about US$10.9...

British Columbia Copper-Gold Miner Upgraded on Asset Sale News

A CIBC report discussed the pros and cons of the transaction. In a March 12 research note, CIBC analyst Oscar Cabrera reported that Imperial Metals Corp. (III:TSX) agreed to sell 70% of its flagship Red Chris mine in British Columbia to Newcrest Mining Ltd. (NCM:ASX)...

Renewable Energy Firm to Divest Noncore Assets in Beneficial Deal

The advantages of the transaction to this Canadian company are discussed in a CIBC report. In a March 25 research note, CIBC analyst Mark Jarvi reported that Innergex Renewable Energy Inc. (INE:TSX) agreed to sell its Iceland assets, held through a 53.9% interest in H...
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