Tag Archives: biib

Facebook Tops 5 Leaders With Rising Profit Estimates

Earnings ultimately are the main driver of the stock market and individual stocks. Companies with rising profit estimates are apt to show big share appreciation, because it means that Wall Street sees stronger growth prospects. Facebook (FB), after its blowout Q4 earnings report, is atop IBD’s Leaders With Rising Estimates Screen of the Day . Biogen Idec (BIIB), Qihoo 360 Technology (QIHU), NQ Mobile (NQ) and Actavis (ACT) round out five top stocks

Biogen Beats; Other Biotechs Report Soon

Biogen Idec (BIIB) stock slipped Wednesday after the company’s earnings guidance for 2014 fell far short of Wall Street estimates, but Q4 sales of its hot multiple sclerosis drug Tecfidera beat views. Biogen early Wednesday reported Q4 earnings and revenue that beat analyst expectations, with sales rising 39% from the year-earlier quarter to $2 billion and earnings per share minus items jumping 67% to $2.34. Analysts polled by Thomson Reuters had

Biogen MS Drug Tecfidera Outperforms; Outlook Light

Biogen Idec (BIIB) stock slipped Wednesday after the company’s earnings guidance for 2014 fell far short of Wall Street estimates, but Q4 sales of its hot multiple sclerosis drug Tecfidera beat views. Biogen early Wednesday reported Q4 earnings and revenue that beat analyst expectations, with sales rising 39% from the year-earlier quarter to $2 billion and earnings per share minus items jumping 67% to $2.34. Analysts polled by Thomson Reuters had