U.S. TREASURIES: Bond Prices Rise on Safe-Haven Buying – 2.093%

U.S. TREASURIES: Bond Prices Rise on Safe-Haven Buying – 2.093%

U.S. Treasury prices flight-to-safety boost knocked yields sharply lower overnight in active trading after North Korea launched a missile over Japan. Japan’s Prime Minister Shinzo Abe agreed with the U.S. administration pressure needs to be put on North Korea’s Kim Jong-Un regime. South Korea President Moon Jae-in offered a bomb dropping drill of his own. The 10-year Treasury yield fell over 7 basis points to hit 2.084%, while the German […]

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Adamas Pharmaceuticals Shares Jump

Adamas Pharmaceuticals Shares Jump

Adamas Pharmaceuticals shares opened 47% higher Friday to a 20-month high after the company said late Thursday the U.S. Food and Drug Administration (FDA) has approved Gocovri extended release capsules for treatment of dyskinesia in patients with Parkinson’s disease receiving levodopa-based therapy, with or without concomitant dopaminergic medications. Gocovri, previously granted orphan drug status by the FDA, is the first and only medicine approved by the FDA for this indication. […]

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Wal-Mart Stores Posts Fiscal Q2 Beat

Wal-Mart Stores Posts Fiscal Q2 Beat

Wal-Mart Stores reported financial results for fiscal Q2, with better-than-expected earnings and revenue; it also provided guidance for fiscal 2018 and Q3 in line with Street estimates. The retailer posted adjusted earnings of $1.08 per share, excluding one-time items, compared with the prior-year period’s $1.07 per share. Analysts polled by Capital IQ were expecting EPS of $1.07. Revenue was $123.36 billion, up from $120.85 billion in the same quarter last […]

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JAKKS Pacific Extends Partnership With Saban Brands

JAKKS Pacific Extends Partnership With Saban Brands

JAKKS Pacific, a toy manufacturer, said it has extended its licensing agreement with Saban Brands for the Power Rangers television series and films. The deal includes Power Rangers’ 24th season with “Power Rangers Ninja Steel” and the 2017 feature film “Saban’s Power Rangers.” The multi-year agreement gives JAKKS exclusive rights to manufacture, market, and distribute Halloween costumes, accessories, everyday dress-up, and seasonal items in the U.S., Canada and Latin America.

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Insperity Shares Move Higher

Insperity Shares Move Higher

Insperity, a provider of a range of business services, reported Tuesday Q2 adjusted earnings of $0.82 per share, up from $0.60 per share in the prior year period. The result came in higher than the $0.68 per share Street estimate provided by Capital IQ. Revenues were $795.6 million, up from $707.3 million reported for the same period last year and higher than the $778.9 million Street estimate. For Q3, the […]

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