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pharma-september-092118-lg.jpgClinical trial data is an important catalyst, and any update on the clinical studies can send the biotech/pharma stocks soaring or stumbling depending upon the news. Now, here are some of the pharma/biotech stocks to watch out for in the week starting September 24.
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AstraZeneca: Farxiga Met Primary Goal In Phase III Cardiovascular Outcomes Trial



AstraZeneca Plc (AZN.L, AZN) announced Monday positive results from the Phase III DECLARE-TIMI 58 cardiovascular outcomes trial or CVOT for Farxiga (dapagliflozin), the broadest SGLT2 inhibitor CVOT conducted to date. The company noted that Farxiga met the primary composite endpoint of a statistically-significant...
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Bloomberg: Toyota Agrees To Add Android Auto In Its Cars



Toyota Motor Corp. (TM) agreed to add Android Auto to its vehicles, the Bloomberg reported, citing person familiar with the matter, ending years of resistance to the Google infotainment software due to safety and security concerns. The report noted that the announcement could come as early as October....
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Finland Producer Price Inflation Climbs In August



Finland's producer price inflation rose marginally in August, Statistics Finland reported Monday. Producer prices advanced 6.2 percent year-on-year in August, slightly faster than the 6.1 percent increase seen in July. Producer prices for manufactured products sold on the domestic market rose...
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M&A

Adobe To Buy Marketo For $4.75 Bln



Adobe (ADBE) Thursday said it has agreed to buy Marketo, a cloud platform for B2B marketing engagement, for $4.75 billion. Marketo, which has nearly 5,000 customers, brings together planning, engagement and measurement capabilities into an integrated B2B marketing platform, Adobe says. Marketo's ecosystem...
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United Natural Foods (UNFI) Is Sinking After Q4 Profit Disappoints



United Natural Foods (UNFI) reported fourth quarter adjusted EPS of $0.76 after the bell Thursday, up from $0.72 last year. Analysts expected EPS of $0.85. United Natural Foods gapped open lower Friday morning and is now down 4.96 at $28.88 on above average volume. The stock has tumbled to a new low for the year.
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Farfetch Jumps 50% In IPO Debut



London-based luxury online marketplace Farfetch's shares jumped nearly 50 percent in its market debut Friday. Farfetch sold 44.2 million shares pricing its initial public offering at $20 per share, above its expected range of $17 to $19 per share. The company raised $885 million giving it a market...
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Take-Two Interactive Software Annual Meeting Of Stockholders At 9:00 AM ET



Take-Two Interactive Software, Inc. (TTWO) will host its Annual Meeting of Stockholders at 9:00 AM ET on September 21, 2018. To access the live webcast, log on to http://ir.take2games.com
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Todays Potential Movers
Company
Symbol
Name
Up
Down
News
Economic Calendar
DateIndicatorPeriodCountry
09/24/18 3:0Consumer Confidence IndexAUG Czech Republic
09/24/18 3:0Business Climate IndicatorAUG Czech Republic
09/24/18 2:0PPI (Y-o-Y)AUG Finland
09/24/18 2:0PPI (M-o-M)AUG Finland
09/24/18 1:0CPI (Y-o-Y)AUG Singapore
09/24/18 1:0CPI (M-o-M)AUG Singapore
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