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BioCryst Pharmaceuticals posts

Closing Bell: Earnings working against stocks (BCRX, DELL, DHI, INTC, LEAP, PCS)

Posted Nov 20th 2009 4:00PM by Jon Ogg (RSS feed)
Filed under: Dell (DELL), Intel (INTC)

Today was a very unusual day. There was no real economic data to absorb. And the markets did see some unusual options trading ahead of expiration date at 4:00 PM today. Disappointing earnings kept a negative bias in the air despite a brief recovery into positive territory in the final hour today... Yet the negative close seemed almost a certain fate today.

Here are today's unofficial closing bell levels:

Dow 10,318.16 -14.28 (-0.14%)
S&P 500 1,091.37 -3.53 (-0.32%)
Nasdaq 2,146.04 -10.78 (-0.50%)

Top Analyst Calls
Top Day Trader Alerts
Unusual Options Trading

Continue reading Closing Bell: Earnings working against stocks (BCRX, DELL, DHI, INTC, LEAP, PCS)

BioCryst Pharma rallies after lining up three flu partners

Posted Sep 15th 2009 1:00PM by Elizabeth Harrow (RSS feed)
Filed under: International Markets, Products and Services

BioCryst Pharmaceuticals (NASDAQ: BCRX) was on the move Tuesday after inking letters of intent with three partners, who will take the lead on stockpiling, marketing, and distribution efforts for the company's influenza treatment in four countries. Marketing and distribution will be contingent upon local regulatory approval, but all three partners will immediately begin discussing stockpiling opportunities with the appropriate government officials.

Moksha8 Pharmaceuticals will be BioCryst's representative in Brazil and Mexico, which together account for 75% of the Latin American pharmaceutical market. Meanwhile, NT Pharma Co. is the company's Chinese partner, and Neopharm Group is taking the reins in Israel.

Continue reading BioCryst Pharma rallies after lining up three flu partners