Financial Shares Positive Ahead of Opening Bell

Financial Shares Positive Ahead of Opening Bell

Financial shares were higher, in line with the broader market, as investors await speeches from several Federal Reserve officials–Federal Reserve Governor Jerome Powell will give a speech at 9:10 a.m. ET.; San Francisco Fed President John Williams at 8:15 a.m. ET; Philadelphia Fed President Patrick Harker at 9:30 a.m. ET; and Kansas City Fed President Esther George at 4:30 p.m. ET. In sector news, Mastercard (MA) and PayPal (PYPL) said […]

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Syros Pharma Shares Add Pre-Bell as Data Support Clinical Utility of the Biomarker Test for Patient Selection

Syros Pharma Shares Add Pre-Bell as Data Support Clinical Utility of the Biomarker Test for Patient Selection

Syros Pharmaceuticals’ (SYRS) shares were higher 5% in recent pre-market trade after the company said the biomarker status of patients screened for a phase 2 trial of SY-1425 in genomically defined subsets of patients with acute myeloid leukemia and myelodysplastic syndrome, was predictive of myeloid cell differentiation in the patients’ blood samples treated ex vivo with SY-1425. The company said the data support the clinical utility of the biomarker test […]

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Constellation Brands Shares Eye New Record Pre-Bell Q2 Results Beat Street Forecasts

Constellation Brands Shares Eye New Record Pre-Bell Q2 Results Beat Street Forecasts

Constellation Brands Inc (STZ) shares were higher 6% in recent pre-market trade after the producer of alcoholic beverages reported fiscal Q2 non-GAAP earnings per share of $2.47, compared to $1.77 for the same period last year, and well above the Capital IQ consensus forecast of $2.17. STZ was at $212.91 recently, a new record if it holds into regular trade. The current 52-week range is between $144 and $205.12. Revenues […]

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European Fixed Income Update: EGB Yields Move Broadly Higher

European Fixed Income Update: EGB Yields Move Broadly Higher

European government bond yields moved broadly higher Tuesday, with Gilts leading the way and the 10-year gaining 5.4 basis points to 1.38%, wiping out Monday’s losses and resuming the uptrend as the Bank of England heads for a rate hike. The 10-year Bund gained 3.7 bp in quiet trade, as Germany celebrates Unity Day and local stock markets are closed. Eurozone peripherals, which sold off Monday are outperforming Tuesday, and […]

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Histogenics Says More Data from Human Engineered Cartilage Testing Support Potential BLA for NeoCart

Histogenics Says More Data from Human Engineered Cartilage Testing Support Potential BLA for NeoCart

Histogenics (HSGX) said late Monday that the additional biomechanical data from human engineered cartilage testing will be used to support its a potential biologics license application with the U.S. Food and Drug Administration for NeoCart, a cartilage-like, tissue engineered implant created from a patient’s own cartilage cells. The company said the study analyzes the compressive properties of engineered cartilage tissue grown with chondrocytes seeded in a porous scaffold based on […]

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