PRE-MARKET MOVERS
5. INCY: $INCY Incyte Issues Updates on Epacadostat + Keytruda Phase 1; Says Median PFS Not Reached – SI
22. VZ, YHOO: $YHOO Verizon $VZ wants $1B discount on Yahoo deal after reports of hacking, spying – NYPost
31. ACIA: $ACIA Acacia Communications Announces Pricing of Follow-On Public Offering – GlobeNewswire
32. CDTX: $CDTX Cidara Therapeutics Announces Commencement of Public Offering of Common Stock Read more:
UPGRADES
3. KLAC, LRCX:KLA-Tencor upgraded to Buy at Needham & Company
6. SCYX:$SCYX upgraded to Strong Buy at WBB Securities.
DOWNGRADES
Trending Social Alerts
1. GWPH:Goldman upgrades SMID biotech to attractive. $GWPH initiated buy at GS with $189/target2. CLVS:$CLVS down 8% –> Rucaparib 0% ORR for platinum-refractory patients, 25% ORR for platinum-resistant patients3. SCYX:$SCYX upgraded to Strong Buy at WBB Securities.4. CDTX:$CDTX Cidara Therapeutics Announces Commencement of Public Offering of Common Stock Read more:6. INCY:$INCY – epacadostat + Keytruda in melanoma PFS rate of 74% at 6 mos., 57% at 12 mos. mPFS not yet reached. Median follow up 56 wks. #ESMO177. ABUS:$ABUS CMO and Managing Directors AXED after embarrassing trial results last week: cc: @egomaniakos8. ALNY:MS $ALNY Revusiran Discontinuation Raises Key Questions; Downgrading PT $36.00 Imbalance of mortality leads9. SAGE:@tgtxdough Renewed interest in CNS disorders has created a rich pipeline of new candidates Names recommend $AVXS $GWPH $SAGE10. KITE:@tgtxdough Immuno-oncology continues to emerge as a cornerstone of cancer treatment. Names recommend $INCY $KITE
Trending News Headlines
1. Andy Biotech on Twitter2. Clovis Oncology Presents Efficacy and Safety Data from New Drug Application (NDA) Population for Rucaparib in the Treatment of Advanced Mutant BRCA Ovarian Cancer at 2016 ESMO Congress | Business Wire3. Liquid Biopsy on Twitter4. Payrolls in U.S. Rise 156,000 as Americans Stream Into Workforce5. Data Presented at ESMO 2016 Adds to Understanding of Abraxane® as a Therapy for Patients with Historically Challenging Solid Tumors (NASDAQ:CELG)6. Bridge and Tunnel InvestorVisit our forum at: bridgeandtunnelinvestor.com
7. Ruby Tuesday, Inc. (NYSE:RT) – Ruby Tuesday Q1 Sales Decline, Closes 95 Stores In Quarter