Biotechnology Portfolio Notes:CEPH,IVD,SRLS
Techs (QLD up 1.23%) outperformed biotechs today as Cisco bad news was forgotten. Biotech stocks treaded water today as all major ETF's were flat. On the news front: Cephalon(CEPH $58.20) was down 3.17% on heavy volume as investors sold on there earnings report and an FDA subpoena about their...
Rayno LifeScience Portfolio: Sequenom(SQNM) News and AlbanyMR(AMRI) Added
Biotechnology Rally Underway The NASDAQ market recovered from near 1% losses today caused by the Cisco(CSCO) earnings report and guidance. The NASDAQ is currently flat to slightly down at 2785 recovering from the 2760 level. Expectations that Egypt's President Mubarak would resign helped the...
Investors want More from Earnings:Genomic Health (GHDX),Illumina(ILMN) Others
Life Sciences Market Remains Strong while M&A Provides Support As we enter the peak earnings season for many tools and device companies, initial reports would indicate that investor expectations are higher and stocks could have a bit of profit taking. Genomic Health(GHDX $22.11) Turns a...
Rayno SnowBlog West: Forecasters say we are on the “Edge of Wetness”
End of West Coast drought is forecasted for late February according to many reports. Post Valentine PPT on the way: Mammoth Lakes Weather brought to you by Howard Sheckter End of mid-winter blahs: Weather Geek : TahoeLoco.com Many storms by the 16th: AccuWeather.com - San Francisco Month...
BD(BDX) Misses Top Line, Stock Down 5% to $81.10
8.6X EBITA Too Rich for LBO Crowd-See Bloomberg article below Becton Dickinson(BDX) announced results for the fiscal first quarter ending Dec 31,2011 with a revenues of $1.842B a decrease of 1.4% from the prior year period.EPS was $1.37(with a tax benefit) compared with $1.25 prior year an 8%...