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InterMune Showered with Analyst Love on FDA Approval

Late Tuesday, an advisory panel of the Food & Drug Administration (FDA) voiced its approval for pirfenidone, the experimental lung drug from InterMune (ITMN). The panel voted 9-3 in favor of recommending pirfenidone to patients with idiopathic pulmonary fibrosis.

The FDA is expected to follow the advice of the advisory panel, although it's not required to do so. The regulatory agency is due to issue its final ruling on the drug's fate by early May.

Continue reading InterMune Showered with Analyst Love on FDA Approval

Starbucks second quarter earnings preview

Starbucks Earnings PreviewEarnings season continues to move right along, and Wednesday following the market close coffee giant Starbucks Corporation (NASDAQ: SBUX) will get its chance to impress Wall Street.

The last time that the company reported earnings was back on January 28 when it failed to meet analyst expectations by posting 15 cents per share versus analyst estimates for 17 cents a share. This time around, analysts are looking for the company to show 15 cents a share for its fiscal second quarter.

Continue reading Starbucks second quarter earnings preview

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Last updated: February 13, 2012: 03:46 PM

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