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Sanderson Farms (SAFM) Stock Retreating Following Price Target Decrease
2015-07-27 16:57:07| Food - Topix.net
Analysts have a cautious view on pure-play chicken stocks as chicken prices have softened due to supplies outpacing demand, according to the analyst note. Looking forward, chicken prices are expected to go down even more due to seasonally lower demand and lower pork prices.
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New Heart Drugs Come With Expensive Price Tags
2015-07-27 15:18:03| Biotech - Topix.net
Two of the most anticipated new heart drugs to be launched in recent years have been priced well above analyst expectations, fueling the debate about whether modern medicines cost too much. Praluent, made by Sanofi and Regeneron Pharmaceuticals, and Entresto from Novartis are both treatments that represent significant advances for millions of patients at risk of serious heart problems.
UPDATE 1-U.S. oil drillers add rigs despite crude price collapse-Baker Hughes
2015-07-25 10:33:49| Oil & Gas - Topix.net
U.S. oil producers added 21 oil rigs in the past week, the most in over a year, data showed on Friday, suggesting that drillers were moving more aggressively than expected, just before crude prices' latest dive down. Oil producers, who cut rigs in the face of falling prices late last year, began to add rigs back in the week ending July 2, oil services company Baker Hughes Inc said in its closely followed report.
Southwest Airlines (LUV) Stock Gets Price Target Increase at Credit Suisse
2015-07-25 08:58:32| Airlines - Topix.net
The firm maintained its "outperform" rating on the stock. Credit Suisse also raised its 2015 earnings estimates to $3.36 from $3.19 per share, with 2016 earnings estimates increased to $4.10 from $3.16 per share.
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Skyworks' Apple Potential Spurs Price Target Hikes
2015-07-24 23:26:34| Semiconductors - Topix.net
Pacific Crest Securities analyst John Vinh, in a research note Friday, increased his target price on Skyworks stock to 120 from 110, citing "increasing content on the iPhone 6S and improving Chinese demand." "Skyworks expects to see better-than-normal seasonal trends in the third quarter and fourth quarter on Apple's iPhone 6S refresh," Vinh said.
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