Tuesday, 29 September 2015

Roseanne sells GLPG 46.55: This suggests that Galapagos might proceed with the development of filgotinib on its own, even if the drug maker fails to find a new development partner.

After the termination of the partnership, Galapagos is now getting ready to test the candidate in phase II trial on its own. The partnership included development of GLPG1690 for the treatment of idiopathic pulmonary fibrosis (IPF), a dangerous lung-scarring condition. Earlier in 2015, Galapagos has announced the termination of its collaboration pact with J&J, which the companies entered into in 2007. The companies had agreed to join hands for the development of treatments for inflammatory diseases. These experimental programs have made Galapagos an interesting takeover target for drug makers such as Johnson & Johnson ( NYSE:JNJ ) and AbbVie which are planning to expand into the said treatment markets. Galapagos is also testing the same candidate, filgotinib, and another experimental drug as a potential treatment for irritable bowel disorders.


Arlena:
Galapagos announced that the other 2 year old partnership between the drug makers on cystic fibrosis is still intact.

Georgetta:
Galapagos had entered into two development partnerships with AbbVie, one on rheumatoid arthritis and one on cystic fibrosis.

Felicitas:
This seems to increase the chances of Galapagos finding another partner to further develop its arthritis drug.

Sarah:
Filgotinib, similar to ABT-494, is a JAK-1 inhibitor, a new class of drugs.

Janeen:
ABT-494, is an internally developed investigational selective JAK1 inhibitor.

Ping:
Upon the results, the drug maker announced that it would be graduating the experimental drug to its late stage clinical trials.

Therese:
The trials tested the drug in patients who were not responding adequately to two commonly prescribed arthritis treatments, TNF inhibitors and methotrexate.

Berry:
The trials were conducted on patients who failed to respond adequately to two of the usually prescribed drugs for arthritis treatment, methotrexate and TNF inhibitors.

Adah:
AbbVie, on the other hand, fell by 1.5% during the trading.

Charmaine:
Deerfield Management also holds a large position in Galapagos, holding 642,608 shares valued at $33.09 million, according to its recent 13F filing.

Galapagos Nv Sp ADR (NASDAQ:GLPG)
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Micheline sells MAIN 26.86: Erika, 29, graduated from the Maine College of Art with a focus on furniture design.

Charles, 32, studied brewing in his father's home country. We found commonalities such as buildings in disrepair with absentee landlords, historic buildings in need of money for a facelift, complaints about parking and the like. Gardiner and Waterville are Main Street Maine communities and Norway is in the network. She adds that in 2016 the Main Street movement will start to measure and track economic development such as the total amount of physical structures that were improved and the net gain in jobs. That includes adding attractive street signs and holding events, like the Swine & Stein Oktoberfest in Gardiner, explains Lorain Francis, senior program director and state coordinator for the National Main Street Center.


Terese:
There are 10 Main Street Maine communities, each registered as a 501(c)(3) nonprofit and with a paid officer like Olsen.

Nicki:
One of the more pervasive movements is the National Main Street Center, which started in 1980. Its organizing framework is used in more than 2,200 communities in 44 states.

Lydia:
It aims to attract retirees into towns, to keep young people from leaving and to bring people Mainers who moved away.

Shaun:
The revitalization movement runs across all economic classes and ages.

Lucy:
Olsen also has worked on redevelopment projects in Millinocket and Skowhegan.

Wei:
In Maine, it runs under the Maine Development Foundation.

Laticia:
In places like Norway, Gardiner and Waterville, many of those buildings are historic and could be tourist attractions.

Mellissa:
The trend is starting to reverse, buoyed by local, state and federal programs offering know-how and helping with private and public fund-raising to restore or repurpose empty or neglected buildings.

Florence:
Stores closed, empty buildings decayed and many downtowns became mere thoroughfares rather than destinations.

Whitney:
Figures from 2010 unless otherwise noted.

Main Street Capital Corp. (NYSE:MAIN)
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Min sells FLEX 10.27: In other Flextronics International news, CEO Michael M.

Scotiabank reduced their price objective on shares of Flextronics International from $12.00 to $11.20 in a research report on Tuesday. Equities research analysts expect that Flextronics International will post $1.05 EPS for the current year. The company reported $0.23 earnings per share (EPS) for the quarter, hitting the Thomson Reuters consensus estimate of $0.23. During the same quarter in the prior year, the company posted $0.25 earnings per share. One research analyst has rated the stock with a sell rating, one has issued a hold rating and six have issued a buy rating to the stock. Finally, TheStreet reaffirmed a buy rating on shares of Flextronics International in a research report on Thursday, April 30th.


Agueda:
Needham & Company LLC restated a buy rating and issued a $13.00 target price (up previously from $12.00) on shares of Flextronics International in a report on Thursday, May 7th.

Dorcas:
Northland Securities reiterated an outperform rating and set a $40.00 price target on shares of Flextronics International in a report on Sunday, May 17th.

Cyrstal:
Scotiabank cut their price objective on shares of Flextronics International from $12.00 to $11.20 in a research report on Tuesday.

Renay:
FLEX has been the subject of several other reports.

Merissa:
Equities research analysts forecast that Flextronics International will post $1.06 EPS for the current year.

Jin:
During the same quarter in the previous year, the company posted $0.25 EPS.

Yu:
The company reported $0.23 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.23. The firm had revenue of $5.56 billion for the quarter, compared to the consensus estimate of $5.89 billion.

Helena:
Finally, Zacks downgraded shares of Enbridge Energy Partners, L.P. from a strong-buy rating to a hold rating.

Tiffiny:
Also, Zacks downgraded shares of Fomento Economico Mexicano SAB from a hold rating to a sell rating.

Honey:
The firm downgraded shares of Natural Resource Partners LP from a hold rating to a sell rating.

Flextronics International Ltd (NASDAQ:FLEX)
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Deeann sells GES 20.84: The Asia section comprises its wholesale, retail and ecommerce businesses in Asia.

The Europe segment comprises its wholesale, retail and e commerce operations in Europe along with the Middle East. Stockholders of record on Wednesday, September 9th will be given a $0.225 dividend. The company reported $0.21 earnings per share for the quarter, topping the Thomson Reuters consensus estimate of $0.15 by $0.06. During the same quarter in the prior year, the business earned $0.26 EPS. That being said, a 4.5% dividend yield, 5.26x EBITDA multiple, and cash-heavy balance sheet are all strong fundamentals that provide downside protection for investors in a market heading south. This exposure to China constitutes GES as a higher risk investment than its purely domestically operated peers.


Jose:
GES will continued to be weighed by China economy slowdown concerns, as the company operates 499 stores in Asia, 52 of which are company operated.

Austin:
We further believe that better value can be had with less risk at retailers such as Tilly's (NYSE: TLYS ) and Francesca's.

Aiko:
If we plug our FCF projections into our DCF model with a conservative, slow-growth 1% perpetuity rate and a 8.45% CAPM discount rate, we arrive at a fair value of just under $25 per share.

Sherri:
We believe brick-and-mortar sales will continue to slow, but also forecast that a blossoming e-commerce channel will eventually offset those losses.

Armida:
We do not believe, though, that GES is as in-trend as it once was, and that is simply the nature of the cyclical retail business.

Pamella:
By shifting to more profitable and predominantly factory (off-mall/ outlet) locations, we are modeling for operating margins to improve to 6.0% after this year as a result.

Kara:
The linked article outlines the potential comeback of overall denim, but also details that premium denim will likely continue to decline.

Dorie:
In particular, the Curve X is seeing substantial success due to the denim upcycle, according to management.

Bailey:
Our concerns over such a high payout ratio remain tempered, and we further believe the dividend is protected through healthy free cash flow generation.

Angelica:
This puts cash at roughly $5.36 per share, representing about 26% of its market cap.

Guess (NYSE:GES)
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Betsy sells PPS 56.85: The important operating sections of the Company comprise Post Apartment Management, Post Construction and Property Services, Post Investment Group and Post Corporate Services.

As of December 31, 2014, the Company had interests in 22,994 apartment units in 58 communities, including 1,471 apartment units in four communities held in unconsolidated entities and 1,705 flat units in five communities under development or in lease-up. The Organization manages through segments, including Fully stabilized (same shop) communities, Newly stabilized communities, Rent-up communities, Got communities and Held for sale and sold communities. Baird upped their target price on Post Properties from $57.00 to $58.00 and gave the company a neutral rating in a research report on Wednesday, May 13th. Cantor Fitzgerald reiterated a hold rating and set a $58.50 target price on shares of Post Properties in a report on Wednesday, August 5th. They set a buy rating and a $65.00 price objective for the company.


Phylis:
Equities research analysts expect that Post Properties will post $2.95 EPS for the current fiscal year.

Naida:
During the same period last year, the firm earned $0.58 earnings per share.

Margot:
The important operating sections of the Company include Post Corporate Services, Post Construction and Property Services, Post Investment Group and Post Apartment Management.

Louetta:
As of December 31, 2014, the Company had interests in 22,994 flat units in 58 communities, including 1,471 flat units in four communities held in unconsolidated entities and 1,705 flat units in five communities under development or in lease-up.

Aurora:
The Company manages through sections, including Totally stabilized (same shop) communities, Just stabilized communities, Rent-up communities, Got communities and Held for sale and sold communities.

Angelyn:
Nine analysts have rated the stock with a hold rating and two have assigned a buy rating to the company.

Kylee:
Equities research analysts forecast that Post Properties will post $2.95 EPS for the current fiscal year.

Matilda:
The real estate investment trust reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.02. The company earned $95.43 million during the quarter, compared to the consensus estimate of $94.80 million.

Delphia:
Post Properties has interests in 23,365 apartment units in 59 communities, including 1,471 apartment units in four communities held in unconsolidated entities and 1,834 apartment units in five communities currently under development.

Devin:
In any case, investors are better off waiting until Post's potential becomes clearer.

Post Properties (NYSE:PPS)
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Sue sells OUTR 57.41: It's up to Prusch to make the ecoATM idea work or come up with a new plan.

As the Redbox business slowly fades to black, Outerwall has shifted its focus to ecoATM. Prusch led Clearwire into that whimper of an exit, and here he is again. At $5 per share, investors who had picked up Clearwire shares for as much as $8 a stub three years earlier walked away disappointed. Shackled to a losing wireless communications standard, Clearwire ran out of options and ultimately had to settle for a lowball buyout. It should be noted that Prusch indeed brings experience from similarly desperate business environments.


Kimberlie:
Outerwall has tried its hand at digital streaming services and failed miserably.

Barrie:
That explains why Outerwall shares followed the traditional media giants downward in early August, when a cluster of that industry's earning reports showed a growing number of cord cutters.

Nery:
DVD and Blu-ray rentals are starting to look quaintly outdated in this increasingly digital era.

Charis:
Redbox represents more than 80% of Outerwall's annual revenues these days, but the company recently closed its Canadian Redbox operations and plans to remove roughly 1,500 American kiosks by the end of the year.

Ngan:
After six months under an interim CEO, the company also picked a new name for the corner office.

Stephanie:
If you include the 13% plunge on July 31 that followed that report, you'd be looking at a 24.7% drop over 32 days.

Ladawn:
Here's the entire list of September's 25 worst-performing stocks.

Shery:
However, the consensus 12-month price target of $15.57 stands 20% above Meritor Inc's current price of $12.94, leaving the door wide open for a round of downwardly revised price targets.

Liliana:
This represents more than a week's worth of trading, at average daily levels.

Francoise:
Short interest, for example, surged 17.6% in the latest reporting period, and now accounts for a healthy 6.9% of the security's available float.

Outerwall Inc. (NASDAQ:OUTR)
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Gladis sells YY 52.98: Several other analysts also recently issued reports on YY.

Equities research analysts predict that YY will post $3.34 earnings per share for the current year. During the same quarter in the prior year, the firm posted $0.70 earnings per share. The company reported $0.85 earnings per share for the quarter, topping the Thomson Reuters consensus estimate of $0.79 by $0.06. The business had revenue of $218 million for the quarter, compared to the consensus estimate of $207.79 million. YY ( NASDAQ:YY ) opened at 59.45 on Monday. Finally, JPMorgan Chase & Co. cut shares of YY from an overweight rating to a neutral rating and reduced their target price for the stock from $100.00 to $73.00 in a research report on Thursday, May 14th.


Yuri:
Pacific Crest restated an overweight rating and issued a $80.00 target price (down from $91.00) on shares of YY in a report on Tuesday, May 12th.

Illa:
Several other analysts have also recently commented on YY.

Jazmin:
On average, analysts predict that YY will post $3.33 earnings per share for the current fiscal year.

Kyra:
During the same quarter last year, the business earned $0.70 EPS.

Laurie:
The company reported $0.85 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.79 by $0.06. The company earned $218 million during the quarter, compared to analyst estimates of $207.79 million.

Clair:
YY ( NASDAQ:YY ) opened at 62.63 on Friday.

Willene:
They currently have a $88.00 price objective on the stock.

Consuela:
The target price for Copa Holdings has been lowered from $110 to $60. Copa Holdings shares closed at $62.01 on Friday.

Dahlia:
The target price for Summit Midstream Partners has been lowered from $39 to $26. Summit Midstream Partners shares closed at $25.03 on Friday.

Caprice:
The target price for Cytec Industries has been lowered from $69 to $68. Cytec Industries shares closed at $74.16 on Friday.

Yy Inc. (NASDAQ:YY)
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