PDUFA Date for Sciele Pharmaceutical Inc's (NASDAQ: SCRX) LCP-FenoChol(Fenofibrate) for adjunctive therapy to diet for treatment of hypertriglyceridemia and hypercholesterolemia.
Tuesday August 21
Staples Inc (NASDAQ: SPLS) to report Q2 earnings; conference call at 8am.
PDUFA Date for IDM Pharmaceutical Inc's (NASDAQ: IDMI) MTP-PE (Mifamurtide), formerly Junovan, newly diagnosed resectable high grade osteosarcoma (bone cancer) in combination with chemotherapies.
MOST NOTEWORTHY: Dow Chemical (DOW), Smart Modular (SMOD), Wolverine World Wide (WWW), Win-Dixie Stores (WINN) and Blue Nile (BLUE) were today's noteworthy initiations:
UBS is positive on the ethylene cycle over the next two years and believes Dow Chemical (NYSE: DOW) can beat 2008 consensus estimates, initiating shares with a Buy rating.
JMP Securities started Smart Modular (NASDAQ: SMOD) with a Strong Buy as a unit volume growth theme without much dependence on commodity memory chip pricing.
Citigroup expects further upside given Wolverine World Wide's (NYSE: WWW) strong portfolio of brands, further growth opportunities through line extensions and international growth. The firm started Wolverine World Wide with a Buy rating and $33 target.
Winn-Dixie Stores (NASDAQ: WINN) was started with a Market Perform rating, citing low levels of profitability and unproven ability to drive sustainable profitable sales.
American Technology believes the valuation of Blue Nile (NASDAQ: NILE) leaves little room for upside, despite a highly attractive business model and strong fundamentals, and started shares with a Sell rating and $45 target...