Tag Archives: lead tech

BioMarin Drug’s Future In Doubt After FDA Panel Vote

A panel of outside experts called by the FDA gave largely negative feedback on BioMarin Pharmaceuticals’ muscular-dystrophy drug candidate Tuesday in a hearing that investors, patients and makers of rival drugs watched closely. There’s been no consensus on Wall Street as to whether the FDA will approve drisapersen, a drug that failed to hit its primary endpoint in two phase-two studies and one phase-three study. But BioMarin (BMRN) argued that the

Hewlett Packard Enterprise Stock Jumps On Outlook

Closing the book on the 76-year legacy of Hewlett-Packard Co., Meg Whitman continued with Volume II Tuesday by chairing both successor companies and disclosing that the former company’s final Q4 earnings missed Wall Street projections. But she also guided one of the successor company’s fiscal 2016 forecasts higher than Wall Street estimates. Thus, Hewlett Packard Enterprise (HPE) stock was up 2.5% in after-hours trading, after the earnings

HP Inc. Guidance Disappoints As PC, Printer Sales Sag

Newly minted PC and printer company HP Inc. (HPQ) late Tuesday gave its first guidance as a publicly traded company — and it was a letdown. For the current quarter, HP Inc.’s fiscal Q1, it expects earnings per share minus items of 33 to 38 cents, vs. analyst expectations for 42 cents. On a GAAP basis, it is targeting EPS of 27 to 32 cents, vs. Wall Street’s view of 38 cents. For fiscal 2016, ending Oct. 31, 2016, HP Inc. expects to earn $1.59 to