Aerie Pharmaceuticals Hits New Record High

Aerie Pharmaceuticals Hits New Record High

Aerie Pharmaceuticals (AERI) shares hit a new record high coming off a trading halt in Friday’s afternoon session after the US Food and Drug Administration said its Dermatologic and Ophthalmic Drugs Advisory Committee voted 9-1 in favor of the company’s new drug application for Rhopressa, saying the efficacy of the ophthalmic solution, demonstrated in the clinical trials, outweighed the safety risks identified for the drug product. Shares of the clinical-stage […]

Read More ˃
Crude Heads Higher as Trump Decertifies Iran Nuclear Deal and U.S. Rig Count Drops to Four-Month Low

Crude Heads Higher as Trump Decertifies Iran Nuclear Deal and U.S. Rig Count Drops to Four-Month Low

Crude kept its intraday gains after U.S. President Donald Trump opted not to certify Iran is complying with a nuclear deal signed in 2015, increasing geopolitical risk in the region. Oil prices headed higher this week off the back of stronger Chinese imports and as the U.S. oil rig count dropped to a four-month low. The number of oil rigs operating in the U.S. fell by five to 743, the […]

Read More ˃
Financial Shares Hold Slight Gains as Close Approaches

Financial Shares Hold Slight Gains as Close Approaches

Financial stocks were slightly higher this afternoon, with the NYSE Financial Sector Index (^NYK) climbing about 0.2% while financial companies in the S&P 500 Index (XLF) were adding about 0.1% in value today. In company news, Net Element (NETE) shares surged sharply higher on Friday, with the electronic payments processor today reporting strong growth in its North America Unified Payments division during the first half of its current fiscal year. […]

Read More ˃
Consumer Shares Maintain Higher Trend

Consumer Shares Maintain Higher Trend

Consumer stocks continue to trend higher in late trade, with shares of consumer staples companies in the S&P 500 (XLP) posting a 0.3% gain while shares of consumer discretionary firms (XLY) in the S&P 500 were recording a 0.5% advance. In company news, Del Frisco’s Restaurant Group (DFRG) declined Friday after the the eatery chain this morning swung to a non-GAAP net loss in its latest fiscal reporting period and […]

Read More ˃
International Game Technology to Provide Connect

International Game Technology to Provide Connect

International Game Technology (IGT) said late Wednesday that it has reached an agreement with Montreign Operating Company, LLC to feature IGT casino management systems, games and solutions at Resorts World Catskills, slated to be open in early 2018. IGT was selected to provide Resorts World Catskills with IGT Advantage systems, the leading floor share of electronic gaming machines, and IGT Cardless Connect technology, which will enable loyalty program access and […]

Read More ˃