PRE-MARKET MOVERS

 

UPGRADES

 

DOWNGRADES
4. SGYP:$SGYP downgraded to Sell at Citi

 

EARNINGS

 

Trending Social Alerts
1. BMY:$BMY 1Q17 US Opdivo sales $761M BEAT consensus of $690M ex-US Opdivo sales $366M BEAT consensus of $341M
2. CELG:$CELG Positive Ph2 STEPSTONE data with $RCPT ozanimod in Crohn’s disease; Phase III trial initiation planned by year-end
3. ABBV:$ABBV revenues were $6.538B vs. $6.484B consensus forecast; adj EPS: $1.28 vs. $1.26 consensus.
4. CMCSA:#BREAKING: Comcast $CMCSA Q1 Earnings Per Share Excluding Items beats estimates, $0.53 vs. $0.44 expected
5. SNCR:*SYNCHRONOSS CEO, CFO STEPPING DOWN $SNCR cc: @RodBoydILM @SIRF_Report
11. DPZ:Now they’re just showing off. Domino’s 1Q domestic comps up 10.2%. $DPZ
12. PFE:$PFE next-gen ALK/ROS1 Inhibitor, Lorlatinib, Granted Breakthrough Therapy Designation from FDA for ALK-Positive NSCLC

 

Trending News Headlines
1. TESARO Initiates Registrational Development Program for Anti-PD-1 Antibody TSR-042

TSR-042 is the first TESARO immuno-oncology candidate to enter a registration programOngoing clinical trial expanded to enroll patients with endometrial cancerPatient-centric administration schedule with every 6 week dosing WALTHAM, Mass., April 27, 2017 (GLOBE NEWSWIRE) — TESARO, Inc. (NASDAQ:TSRO), an oncology-focused biopharmaceutica…

2. Ford’s Profit Falls 35% on Recall Costs, Weaker U.S. Sales

Ford’s first-quarter net income fell 35%, dented by safety-recall expenses, higher engineering and commodity costs, and weaker sales in the U.S.

3. ECB Keeps Policy Settings Unchanged Awaiting Political Clarity

The European Central Bank kept interest rates unchanged at record lows and maintained its quantitative-easing program as officials monitor the economic recovery and the risk of political turbulence in the region.

4. Acceleron Provides Clinical Development Updates on Luspatercept Program

Acceleron Pharma Inc. (NASDAQ:XLRN), a clinical stage biopharmaceutical company focused on the discovery, development and commercialization of innovat

5. Dow Chemical profit beats as consumer market focus pays off

Dow Chemical Co (DOW.N) reported a bigger-than-expected quarterly profit as the seeds and chemical maker benefited from its consumer-markets focus, and said it has had “substantive discussions” with regulators over its merger with DuPont (DD.N).

6. Brad Loncar on Twitter

“$BMY – even some drug named Yervoy showed some nice growth again.”

7. Bristol-Myers Squibb Reports First Quarter Financial Results

Increases First Quarter Revenues 12% to $4.9 Billion Posts First Quarter GAAP EPS of $0.94 and Non-GAAP EPS of $0.84 Achieves Key Regulatory Milestones For Opdivo in the U.S. and Europe Advances Immuno-Oncology Collaborations with Incyte and Exelixis to include Phase 3 Trials Increases 2017 GAAP and Non-GAAP EPS Guidance Bristol-Myers Squibb Company (NYSE:BMY) today reported results for the first quarter of 2017, which were highlighted by strong sales for key products Opdivo and Eliquis, regulatory approval for Opdivo in advanced bladder cancer in the U.S., positive opinions from the Committee for Medicinal Products for Human Use (CHMP) for advanced bladder and head and neck cancers in Europe, and strategic transactions in oncology that further strengthened the company’s pipeline. “During the first quarter we delivered strong sales and earnings growth, achieved important regulatory milestones for Opdivo in the U.S. and Europe and presented important new data across our Immuno-Oncology

8. dough on Twitter

“STIFEL cheat sheet for $CELG earnings today”

Technology News
    Pai speech was rife with hyperbole inaccuracies and misstatements Georgetown Law lecturer Andrew Schwartzman an attorney who specializes in media and telecommunications policy told Ars.
    To remind people that ISPs have blocked Internet content in numerous instances advocacy group Free Press published an updated list of such incidents featuring the likes of Comcast AT T and Verizon.
    The Internet Association a trade group whose members include Amazon Facebook Google Microsoft Netflix and other Web companies countered arguments that net neutrality rules have inhibited network investment.
    But as The Nilay Patel and former FCC Counselor Gigi Sohn point out companies change their terms of service all the time and as yet we heard of anything in plan that would stop them from doing so.
    As Sohn explains name for the Pai Plan might be Trust Hardly a comforting thought in a market where ISPs face little competition and serve as the sole gatekeeper to the I.
    The net neutrality rules are crucial for the Internet they help make sure that ISPs run their networks in ways that are fair to users and innovators alike.
    You can add a note like spot add the amount of time left before the meter expires and even get a reminder alert minutes before it does save an image of your parking spot and send your parking location to friends.
    This is in addition to the automatic parking detection you might have already noticed in Google Maps for iOS.
    If you connect to your car using USB audio or bluetooth your parking spot will be automatically added to the map when you disconnect and exit the vehicle.
    Photos can be saved to an ongoing look book that will log what users wear every day so as to not duplicate outfits and the pics can be shared easily on social networks or through texts.
    Taking a video allows users to quickly replay the clip on their phone so they can see their outfit from every angle in the moment making it easier to decide on what to wear.
    Echo Look also comes equipped with a machine learning feature called Style Check allowing users to take two pictures of two separate outfits and compare the two in order to make the best choice.
    The marketing copy on the Echo Look product page includes a hodgepodge of tech buzzwords like computer vision and machine learning.
    Amazon CEO Jeff Bezos has previously expressed his intrigue with the power of combining human taste with computer recommendations to make styling decisions.
    Recode previously reported the company is working on an Alexa device that would have phone call and intercom features that could include a video camera.
    Among them are a feed ranked by personalization algorithms rather than by chronology live streaming the ability to post photo galleries and a controversial new app design and logo.
    More than percent of users are now outside the United States and the service is growing especially quickly in parts of Asia and South America that are dogged by underpowered Android phones and slow cellular networks.
    For instance after Instagram began Stories the show feature it took from Snapchat it spent a month adding speed improvements for international markets.
    Even as he acknowledged the importance of an open internet FCC Chairman Ajit Pai on Wednesday set his telecom agency on a course to scrap the tough broad net neutrality protections imposed by the Obama administration.
    During a major speech in Washington Pai outlined the need for a total revision of existing federal rules that seek to prevent companies like AT T Charter and Verizon from blocking or slowing down web content including the movie or music offerings from their competitors.
    On Wednesday though Pai told a different story In his speech he attributed the net neutrality rules to politics even alleging that Democrats sought to implement them to motivate voters after the party faltered in the congressional elections.

 

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