Tag Archives: bad-request

Imax Gains Seen From China, 3-D ‘Star Wars’ Movie

Mega-screen provider Imax (IMAX) will get a lift from upcoming 3-D movies as well as international expansion, especially in China, says Rosenblatt Securities, which raised its price target on Imax stock. Films to be released in Imax format this year include “Jurassic World,” “Terminator Genisys,” “Mission Impossible 5,” “Hunger Games: Mockingjay Part 2” and Walt Disney’s (DIS) “Star Wars: The Force Awakens.” China, meanwhile, has raised the number

Regeneron, Amgen Fall On Cholesterol Drug Worries

Big biotech Regeneron Pharmaceuticals (REGN) was down nearly 5% Wednesday as Wall Street digested the impact of an ambiguous FDA advisory committee vote on its cholesterol drug Praluent late Tuesday. Meanwhile, rival Amgen (AMGN) was off 2% as the committee reconvened to vote on its similar drug Repatha. The panel endorsed approval overall, but the caution around the real connection between lower LDL cholesterol and cardiovascular health raised

Spotify shows Apple who’s boss in streaming music

Two days after Apple (AAPL) unveiled its new streaming music service, market leader Spotify spelled out just how steep a climb the newcomer has ahead of it. Privately held Spotify detailed its explosive growth in a blog post on Wednesday. The London-based company said it now has more than 20 million paying subscribers and more than 75 million active users. A year ago, it had 10 million subscribers and 40 million active users. It added as many subscribers in the past year as it gained in its first 5.5 years in business. “That’s an average of one new subscriber every three seconds over the last year,” the company said. More listeners means more royalties paid to artists, songwriters and rights holders, it said. Spotify has paid more than $3 billion in royalties to date, including over $300 million in the first three months of 2015….