Tag Archives: bad-request

Celgene Hits High As Street Applauds Receptos Buyout

Celgene (CELG) stock jumped 10% to a new high above 135 Wednesday morning as it got several price-target increases in the wake of its deal to buy Receptos (RCPT). Celgene agreed to pay $7.2 billion for Receptos and announced preliminary Q2 earnings that beat estimates. Receptos’ lead drug candidate Ozanimod is in clinical testing for different immunological diseases. This is a field that Celgene entered last year with the launch of its psoriasis

Newspapers Get Cozier With Facebook, Apple, Twitter

A potentially seismic event occurred when the New York Times recently agreed to deliver the Grey Lady’s hallowed content directly to Facebook’s 1.4 billion users. Further, audience-savvy Apple (AAPL) upped the ante in the raging battle for your eyeballs by pushing its way deeper into the news ecosystem via a new app. Locked in a bitter battle with the likes of Google (GOOGL) for new customers and ad dollars, Apple sees news as something of major

EBay Q2 EPS Gains Seen Light Ahead Of PayPal Spinoff

EBay (EBAY) is scheduled to report Q2 earnings after the market close Wednesday, just ahead of its planned spinoff of payments business PayPal. Analysts polled by Thomson Reuters expect revenue of $4.49 billion, up 3% from the year-earlier quarter. It would be the company’s fifth straight quarter of decelerating growth. The consensus on earnings per share minus items is 72 cents, up 4%. Mark Mahaney, an analyst at RBC Capital Markets, in a