Imprimis Pharmaceuticals Strikes Strategic Sales Deal

Imprimis Pharmaceuticals Strikes Strategic Sales Deal

Imprimis Pharmaceuticals (IMMY) said in a regulatory filing that it has struck a strategic sales and marketing agreement with Cameron Ehlen Group, or Precision Lens, which will provide exclusive representation to the company in certain geographies in the US Midwest. Imprimis said the agreement covers the ophthalmic compounded formulation portfolio including its Dropless Therapy, LessDrops combination eye drops, Simple Drops preservative-free glaucoma drops, MKO Melt conscious sedation and other ocular-related […]

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Nustar Energy Prices Equity Offering

Nustar Energy Prices Equity Offering

Nustar Energy L.P said Wednesday that it has priced an offering of 12.5 million common units for gross proceeds of approximately $579 million, representing a per unit price of $46.32 per unit or a 10% discount from the stock’s previous close. The underwriters have been granted a 30-day option to purchase up to 1.9 million additional common units. The company expects to sell up to $15 million worth of common […]

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Financial Stocks Seeing Declines

Financial Stocks Seeing Declines

Financial stocks were easily outpacing declines for the broader U.S. markets on Friday, with the NYSE Financial Sector Index dropping over 0.8% while financial companies in the S&P 500 Index were posting a 0.9% decrease. In company news, Kennedy-Wilson Holdings (KW) was climbing in Friday mid-day trading after the real estate investment company last night breezed past Wall Street estimates with its latest financial results, reporting a surprise Q4 profit, […]

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Shopify Q4 Results Beat Street View

Shopify Q4 Results Beat Street View

Shopify shares were higher 3% in recent pre-market trade after the Canadian e-commerce company reported a Q4 adjusted net loss of $400,000, or $0.00 per share, compared with an adjusted net loss of $1.1 million, or $0.01 per share, for Q4 of 2015, and above the CIQ consensus forecast of a loss of $0.02 per share. SHOP was at $57.66 recently, a new high if it holds into regular trading. […]

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European Equity Benchmarks Close Mixed

European Equity Benchmarks Close Mixed

The broad-based major European indices closed mixed in Tuesday’s trading session, as mining stocks and pharmaceuticals lifted the London and Frankfurt markets, while slumping bank stocks burdened the Paris exchange. In economic news, European manufacturers outperformed their service sector counterparts in January, as six out of the seven fastest-growing sectors were based in manufacturing, according to IHS Markit. “Technology equipment and construction materials jointly led the way in January. Both […]

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