Mannkind Debuts New Titration Pack of Afrezza Inhaled Insulin

Mannkind Debuts New Titration Pack of Afrezza Inhaled Insulin

Mannkind said Wednesday morning it launched a new tritation pack that contains cartridges of its Afrezza inhalation powder indicated for treating adults with diabetes. The biopharmaceutical firm said the new package is designed to allow patients greater dose flexibility in managing their diabetes and simplify the prescription of the powder, while potentially lowering the cost burden of multiple copays. Mannkind also said it is transitioning its sales force from a […]

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Consumer Stocks Improve in Late Trade

Consumer Stocks Improve in Late Trade

Consumer stocks were mixed in late-afternoon trade, with shares of consumer staples companies in the S&P 500 climbing nearly 0.4% and shares of consumer discretionary firms in the S&P 500 declining nearly 0.3%, more than halving their prior decline. In company news, Steven Madden Ltd (SHOO) shares was trading back near their session high late in the Tuesday session after analysts at Citigroup today raised their investment rating for the […]

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Koninklijke Philips Expands Accord With Bon Secours

Koninklijke Philips Expands Accord With Bon Secours

Koninklijke Philips N.V and Bon Secours Charity Health System, a member of the Westchester Medical Center Health Network, have agreed a multi-year, strategic partnership agreement with a potential value of $180 million. Under the accord, Philips technology will be available to BSCHS in support of their goal to improve healthcare in New York’s Hudson Valley. The company will provide systems, such as imaging systems, patient monitoring and telehealth. The partnership […]

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U.S. Geothermal Confirms 2016 Guidance

U.S. Geothermal Confirms 2016 Guidance

U.S. Geothermal said Monday it still expects adjusted net income for 2016 to be between $4 million to $8 million and total plant revenue between $29 million to $34 million. This compares to the $31.9 million revenue expected by analysts polled by Capital IQ. The developer and maker of electricity from geothermal energy said that for 2017, it expects adjusted net income of $4 million to $8 million on revenue […]

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Stocks Stay Positive as Oil Reaches 15-Month High, Bank Earnings Beat Expectations

Stocks Stay Positive as Oil Reaches 15-Month High, Bank Earnings Beat Expectations

Stocks closed modestly higher for a second consecutive day, buoyed by a 15-month high in brent crude oil and positive quarterly earnings from the financial sector. Oil raced higher mid-morning on the combination of remarks from the Saudi oil minister regarding production cuts and an unexpected drop in inventory levels. As a result, West Texas intermediate gained 2.25% on the futures market, while brent was up 1.7%. The banking sector […]

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