Oppenheimer Reiterates Perform on CSX Corp. (CSX) Following Solid 3Q
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Pre-Open Stock Movers 10/13: (OCUL) (ESRP) (ULTA) Higher; (FLDM) (TGTX) (MELI) Lower (more...)
October 13, 2016 9:20 AM EDTToday's Pre-Open Stock Movers
ContraVir Pharmaceuticals, Inc. (NASDAQ: CTRV) 30.6% HIGHER; reported positive interim data for CMX157, the Company's highly potent prodrug of tenofovir, from its ongoing Phase 2a multiple ascending dose clinical study. The head-to-head study is the first evaluation of CMX157 in HBV patients, and directly compares CMX157 to tenofovir disoproxil fumarate (TDF, Gilead's Viread®) in... More
After-Hours Stock Movers 10/12: (NEPT) (CSX) (EBAY) (WFC) Higher; (FLDM) (TGTX) (MELI) Lower (more...)
October 12, 2016 6:12 PM EDTToday's After-Hours Movers
Fluidigm Corporation (NASDAQ: FLDM) 18.4% LOWER; announced preliminary revenue for the third quarter ended September 30, 2016. Estimated total revenue for the third quarter of 2016, based on managements preliminary analysis, was approximately $22.2 million, a decrease of 23% from $28.6 million in the third quarter of 2015. In the third quarter, instrument revenue fell short of expectations and was approximately $9.2 million, representing a decline of 39%... More
CSX takes revenue, freight volume hit, but beats expectations
October 12, 2016 4:12 PM EDTBy Nick Carey
CHICAGO (Reuters) - No. 3 U.S. railroad CSX Corp (NASDAQ: CSX) on Wednesday reported a lower quarterly net profit that was hurt by an 8 percent drop in revenue and freight volumes, but came in above market expectations and sent its stock up nearly 3 percent.
"Our financial results demonstrate CSXs ability to deliver value for shareholders and customers in the current business climate," Chief Executive Officer Michael Ward said in a statement.
The company... More
CSX Corp. (CSX) Tops Q3 EPS by 3c; Revenue Fell 8%
October 12, 2016 4:02 PM EDT(Updated - October 12, 2016 4:05 PM EDT)
CSX Corp. (NASDAQ: CSX) reported Q3 EPS of $0.48, $0.03 better than the analyst estimate of $0.45. Revenue came in at $2.71 billion, versus the Street consensus of $2.69 billion.
CSX continues to drive strong cost performance and efficiency in this dynamic market environment while meeting or exceeding... More
CSX Corp. (CSX) volatility increases into Q3 and outlook
October 12, 2016 11:01 AM EDTCSX Corp. (NASDAQ: CSX) October call option implied volatility is at 37, November is at 26; compared to its 52-week range of 21 to 44 into the expected release of Q3 on October 13.
... More