Articles written by: Steven Goodstein

US Shares End Higher as Energy Gains on Stronger Oil Prices
U.S. Markets

US Shares End Higher as Energy Gains on Stronger Oil Prices

US stocks ended broadly up on Tuesday, led by energy shares as oil prices jumped nearly 2% on the day. Energy led all sectors on the Standard & Poor’s 500, rising 1.4% ahead of the weekly US stockpile data that will be released on Wednesday. West Texas Intermediate, the main US type of oil, rose 2% while Brent, the international […]

NXP Shares Up 4%
Stocks / U.S. Markets

NXP Shares Up 4%

NXP Semiconductors N.V (NXPI) shares were trading at $116.375 on last look Friday afternoon, for a 4.4% gain from the previous close, as one of the companies surging after reports the Trump administration has reached a deal to keep Chinese telecommunications company ZTE in business. ZTE will be required to pay a substantial fine, place U.S. compliance officers at the […]

Bayer to Win U.S. Okay for Monsanto Deal Next Week
Stocks / U.S. Markets

Bayer to Win U.S. Okay for Monsanto Deal Next Week

Monsanto (MON) shares were higher Friday after Bloomberg, citing unidentified sources, reported the U.S. Justice Department is set to announce approval of Bayer AG’s offer to buy the provider of agricultural products next week. Shares rose 1.2% to $26.84 at 2:05 pm ET in New York. The $66 billion deal has been two years in the making. The companies and […]

Electronic Arts Says EA SPORTS Madden NFL 19 Set for Launch Aug. 7
Stocks / U.S. Markets

Electronic Arts Says EA SPORTS Madden NFL 19 Set for Launch Aug. 7

Electronic Arts (EA) said Thursday that its EA SPORTS Madden NFL 19 is set to deliver more “game-changing control to players than ever before,” noting the release of the game three days earlier on Aug. 7. “With Real Player Motion Technology, a new animation system that unlocks next level responsiveness and player personality, players will experience more precision as they […]

American Water Works to Invest $6 Mln to Replace Aging Wastewater Main in Lakewood, NJ
Stocks / U.S. Markets

American Water Works to Invest $6 Mln to Replace Aging Wastewater Main in Lakewood, NJ

American Water Works (AWK), a provider of water and wastewater services, said Friday that its New Jersey American Water subsidiary plans to invest $6 million to replace approximately 7,000 feet of aging wastewater main in its Lakewood service area. The company expects to complete final street restoration in the spring of 2019. Shares were marginally higher in recent morning trading.

Kemet Posts Fiscal Q4 Beat – Shares Up 3% Pre-Bell
Stocks / U.S. Markets

Kemet Posts Fiscal Q4 Beat – Shares Up 3% Pre-Bell

Kemet (KEM) shares were over 3% higher pre-market Thursday after the supplier of electronic components reported fiscal Q4 adjusted net income of $0.45 per share, up from $0.14 per share in the prior year period which came in higher than the $0.41 per share Street estimate provided by Capital IQ. Net sales for the quarter ended March 31 were $318 […]

BeyondSpring Says Phase 2 Trial Suggests Plinabulin Has Superior Product Profile vs Neulasta
Stocks / U.S. Markets

BeyondSpring Says Phase 2 Trial Suggests Plinabulin Has Superior Product Profile vs Neulasta

BeyondSpring (BYSI), a clinical-stage biopharmaceutical company, on Thursday reported results from a phase 2 study which showed a clinically meaningful reduction in bone pain in patients treated with Plinabulin for the prevention chemotherapy-induced neutropenia (CIN) versus Neulasta, suggesting an overall superior product profile. Results of the study showed that patients treated with Plinabulin dosed 30 minutes after docetaxel for the […]