Ziopharm Oncology Obtains Exclusive License From National Cancer Institute Ziopharm Oncology Obtains Exclusive License From National Cancer Institute
Stocks Slump Late After Posting Earlier Gains to Kick Off Shortened Trading Week Stocks Slump Late After Posting Earlier Gains to Kick Off Shortened Trading Week
Cango Q1 Earnings, Revenue Exceed Wall Street Estimates Cango Q1 Earnings, Revenue Exceed Wall Street Estimates
Heico Jumps as Acquisitions Strategy Helps Raise Net Sales, Profit Outlook for Fiscal 2019 Heico Jumps as Acquisitions Strategy Helps Raise Net Sales, Profit Outlook for Fiscal 2019

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Ziopharm Oncology Obtains Exclusive License From National Cancer Institute

Ziopharm Oncology Obtains Exclusive License From National Cancer Institute

Ziopharm Oncology (ZIOP), a clinical stage immuno-oncology company, said after markets closed on Tuesday that it has obtained an exclusive license from the National Cancer Institute (NCI) for intellectual property for the development and commercialization of cell therapies for cancer. Ziopharm said in a statement that it has obtained rights to two groups of technologies for use with the company’s […]

Stocks Slump Late After Posting Earlier Gains to Kick Off Shortened Trading Week

Stocks Slump Late After Posting Earlier Gains to Kick Off Shortened Trading Week

Stocks closed lower Tuesday, giving up gains earlier in the session, as the market began the shortened trading week on a sour note. The Dow Jones Industrial Average fell 0.9% while the S&P 500 slumped 0.8%. The Nasdaq Composite Index slipped 0.4%. Stocks were posting gains for most of the session, but a late bout of selling doomed them to […]

Columbus McKinnon Tops Fiscal Q4 Adj EPS, Sales Estimates; Fiscal Q1 Sales Guidance in Line

Columbus McKinnon Tops Fiscal Q4 Adj EPS, Sales Estimates; Fiscal Q1 Sales Guidance in Line

Columbus McKinnon (CMCO) said Tuesday that its fiscal Q4 adjusted net income was $16.4 million, or $0.69 per diluted share, improving year over year from an adjusted net income of $12.0 million, or $0.51 per diluted share, beating consensus estimates of $0.62 per share. The company booked higher fiscal Q4 net sales of $216.7 million, from $214.1 million in the […]

Cango Q1 Earnings, Revenue Exceed Wall Street Estimates

Cango Q1 Earnings, Revenue Exceed Wall Street Estimates

Cango Inc. (CANG) was unchanged in Tuesday’s late session after the Chinese automotive transaction services company reporting adjusted Q1 net income of RMB0.50 per American depositary share, down from RMB0.60 per ADS during the same quarter last year and trailing the Capital IQ consensus looking for a $0.62 per ADS non-GAAP profit for the three months ended March 31. Total […]

Heico Jumps as Acquisitions Strategy Helps Raise Net Sales, Profit Outlook for Fiscal 2019

Heico Jumps as Acquisitions Strategy Helps Raise Net Sales, Profit Outlook for Fiscal 2019

Shares of Heico (HEI), an aerospace and electronics parts group, rose in late trade on Tuesday after the firm lifted its full-year profit and net sales outlook while vowing to continue with its “aggressive” acquisitions strategy to “maximize shareholder returns.” Revenue increased to $515.6 million during the three months that ended April 30, from $430.6 million a year ago, beating […]

International Paper to Sell Paper Business in India for $118 Million

International Paper to Sell Paper Business in India for $118 Million

International Paper (IP) said it has agreed sell its 75% controlling interest, or about 30 million shares, in International Paper APPM Limited, an India-based paper business to West Coast Paper Mills for INR8.25 billion ($118 million). The pact calls for West Coast Paper to buy the shares for INR275 each, according to a regulatory filing by International Paper. International Paper […]

Stocks End Lower as Trump Says US ‘Not Ready’ to Reach Trade Deal With China

Stocks End Lower as Trump Says US ‘Not Ready’ to Reach Trade Deal With China

Stocks fell Tuesday after President Donald Trump said the day before that the US was “not ready” to make a deal with China to end their continuing trade dispute. Trump told a joint press conference with Japanese Prime Minister Shinzo Abe in Tokyo that the US will “absolutely have a great trade deal” at some point with the world’s No. […]