Tag Archives: bad-request

Biogen’s Big-Volume Plunge Marks End Of 5-Year Run

Biogen’s (BIIB) second-quarter earnings topped views, but its flagship drugs Tecfidera and Tysabri both missed sales expectations. That caused the biotech’s quarterly revenue growth to come in well below consensus estimates. The company also cut its full-year revenue guidance. Shares are plunging in giant volume in the stock market today, gapping down 18% to their lowest level in nearly eight months. The stock is now trading more than 30% off of

Skyworks’ Apple Potential Spurs Price Target Hikes

Apple (AAPL) chip supplier Skyworks Solutions (SWKS) got several price target increases Friday after reporting fiscal Q3 earnings that topped Street estimates and guiding above expectations for this quarter. Pacific Crest Securities analyst John Vinh, in a research note Friday, increased his target price on Skyworks stock to 120 from 110, citing “increasing content on the (Apple) iPhone 6S and improving Chinese demand.” “Skyworks expects to see

Investors Dive Into Amazon After Q2 Earnings Surprise

Amazon.com (AMZN) stock rocketed to an all-time high Friday, a day after the e-commerce leader posted a surprise second-quarter profit fueled by its booming cloud computing business. Amazon stock was up 15%, near 555, in morning trading on the stock market today. Earlier Friday, Amazon stock climbed as high as 580.57. Its previous record high was 493.20, reached on Monday. Amazon said it earned 19 cents a share in Q2 excluding items, compared with