The Dow Jones US Biotechnology Index was up more than 1% during trading today after some positive outlooks from Amylin (AMLN) and Biogen (BIIB) and a couple of analyst upgrades. Amylin, the diabetes drug maker, met earnings expectations after the close yesterday and shares were sent higher today as analysts expect a Phase III diabetes drug and a Phase II obesity drug to fuel future growth. Analysts are expecting positive results from clinical trials to be announced later this year. Amylin also received an upgrade to Buy from Hold over at Stanford Research.
Biogen, meanwhile, posted much better-than-expected earnings results today, which had the stock trading nearly 4% higher. The company also raised its full-year guidance as it is now expecting 16-18% growth in sales and 16-20% growth in EPS on strong sales of its multiple sclerosis drugs.
Additionally, Amgen (AMGN) received an upgrade yesterday to Hold from Sell by Citigroup. Amgen reports earnings Thursday.
July 24, 2007
Biotech gets a boost from earnings, upgrades
Posted by Sizz at 12:25 PM
Subscribe to:
Post Comments (Atom)
2 comments:
Hi People!
I need some advice
I'm Looking to purchase [url=http://www.milesgershon.com/tv-stands.html][b]TV Stands[/b][/url] or TV [url=http://www.milesgershon.com][b]Wall Units[/b][/url] For a house I'mclosing on.
Can you guysgive me a good recommendation of where is the leadingplace to buy these? I live in Florida and I heard that the big thing about these [url=http://www.milesgershon.com][b]tv stands[/b][/url] is the cost of shipping and installation.
I also found this great article about wiring your entertainment center: http://www.helium.com/items/1577888-how-to-wire-your-home-entertainment-center
thanks in-advance for all your help
[url=http://www.milesgershon.com][img] data:image/jpeg;base64,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 [/img][/url]
O
Fine stuff
Post a Comment