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Theralase is raising up to $5.3M to complete bladder cancer study

Theralase Technologies is announcing a brokered financing raise for up to C$5.3 million Proceeds of the financing will be used to further the Phase II Non-Muscle Invasive Bladder Cancer (NMIBC) clinical study Ruvidar is designed to destroy solid core tum...

Neovasc Shares Climb 80% Upon FDA Premarket Approval Filing for Refractory Angina Device

Shares of specialty cardiovascular medical device company Neovasc Inc. opened more than 100% higher after the firm reported that it submitted a Premarket Approval application to the FDA for its Neovasc Reducer device for use in the treatment of refractory angina. This...

MyoKardia Shares Get a Jolt from Positive Phase 3 HCM Clinical Trial Results

Shares of MyoKardia traded 60% higher, setting a new 52-week high price, after the company reported that it met all primary and secondary endpoints in the Phase 3 EXPLORER study of mavacamten in treatment of obstructive hypertrophic cardiomyopathy. Clinical-...

Buzz on the Bullboards: Tech gains amid weak commodities

It was a shorter week with little movement for the TSX after the Victoria Day long weekend. Weak commodity prices and a significant sell-off among heavyweight financial shares counterbalanced gains, keeping Canada’s busiest stock market largely stagnant....

Barrick Gold, Blackrock Gold, Osino Resources: buy when weak?

The price of gold and silver has come under pressure in the past few days and so too has the price of the shares of the companies involved in the creation of value for precious metals. The fear of another lockdown in connection with the Corona Pandemic seems to be worrying the...

SunPower (SPWRA): Retreating into familiar territory

Last week, SunPower Corporation ( NASDAQ: SPWRA , Stock Forum ) updated its 2011 guidance, predicting that ex-items earnings per share would range between $1.75 and $2.05. Revenue for the upcoming fiscal year is predicted to arrive between $2.65 billion and $2.85 billion....

Cummins (CMI): Bullish bandwagon far from crowded

Engine issue Cummins Inc. ( NYSE: CMI , Stock Forum ) has been a broad-market standout, to say the least, besting its fellow S&P 500 Index (SPX) comrades with a gain of roughly 140% in 2010. What’s more, the equity has outperformed the SPX by almost 12% du...

Chesapeake Energy (CHK): Can its stock continue to make new highs?

Chesapeake Energy Corp. ( NYSE: CHK , Stock Forum ) has embarked on a quest for new multi-year highs this week, after last night announcing a deal with CNOOC Ltd. ( NYSE: CEO , Stock Forum ). More specifically, the China-based firm said it will buy into several of Chesape...

Weak Payrolls, September FOMC and Gold

August nonfarm payrolls came in short of expectations. Earlier months were also marked by downward revisions. Does it send a signal to act for the Fed, and what is gold likely to do in return? August Payrolls below Expectations The U.S. created only 130,000 jobs in Aug...

Will People Accept Rampant Inflation? Hell, No!

The Weekly Missive, which usually arrives over the weekend (sometimes on Friday, sometimes on Sunday) was delayed this weekend for one reason: I had to change it. I started out last week with an idea that was leaning in the direction of full-on capitulation in the sen...
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