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Insider buying in Canadian National Railway indicating a potential bottom

2015-06-15 02:16:14| Railroads - Topix.net

Subscribe to Globe Unlimited now and get up-to-the minute insights on developing market news with Inside the Market! Insider buying can be valuable to monitor. When an insider legally purchases shares, it can be viewed as a vote of confidence in a company.

Tags: national potential bottom buying

 

a Norwood biotech gets first of three potential orphan drug designations

2015-06-13 17:54:32| Biotech - Topix.net

A 10-employee Norwood biotech has received the first of what it expects will be three orphan drug designations from the Food and Drug Administration for a drug it bought last year from a professor at UMass Medical Center in Worcester. Corbus Pharmaceuticals , which just started trading on the Nasdaq exchange in April, has been known among investors mostly for its plan to develop the drug to treat inflammation associated with cystic fibrosis which could potentially be used in conjunction with the suite of drugs being produced at Boston-based Vertex Pharmaceuticals .

Tags: potential drug biotech designations

 
 

United Technologies (UTX) Stock Gains on Potential Sikorsky Sale

2015-06-10 19:02:50| Industrial Machines - Topix.net

The company is looking to either sell the business to Textron , which expressed interest in buying the business earlier this month, or spin it off, according to Reuters sources. The Textron sale would be facilitated through a Reverse Morris Trust, a transaction that would allow United Technologies to avoid paying taxes on the sale.

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United Technologies (UTX) Stock Gains on Potential Sikorsky Sale

2015-06-10 18:22:56| Paper - Topix.net

The company is looking to either sell the business to Textron , which expressed interest in buying the business earlier this month, or spin it off, according to Reuters sources. The Textron sale would be facilitated through a Reverse Morris Trust, a transaction that would allow United Technologies to avoid paying taxes on the sale.

Tags: united sale stock potential

 

Axovant Sciences - The Late Clinical Stage Biotech With Huge IPO Potential

2015-06-09 21:00:38| Biotech - Topix.net

Axovant Sciences is a late-stage clinical trial biotech preparing for its initial public offering the week of June 8. The company's lead drug candidate is an Alzheimer's treatment currently in Phase 3 trials. Axovant acquired the intellectual property and rights from GlaxoSmithKline .

Tags: potential late stage huge

 

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