Shining on Major News: Corcept Therapeutics Incorporated (NASDAQ:CORT), Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX), Petroleo Brasileiro Petrobras (NYSE:PBR), Taiwan Semiconductor Manufacturing (NYSE:TSM), Halliburton (NYSE:HAL)


On Friday shares of Corcept Therapeutics Incorporated (NASDAQ:CORT) closed at $5.58. Company’s EPS growth for next 5 years is recorded as 49.30%. Piper Jaffray upgraded shares of Corcept Therapeutics Incorporated (NASDAQ:CORT) from a neutral rating to an overweight rating in a research note released on Wednesday morning, TheFlyOnTheWall.com reports. They currently have $9.00 target price on the stock, up from their previous target price of $2.50.

Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) in last trading activity increased 2.33% to close at $120.34. Company weekly performance is -8.14% while its quarterly performance stands at 4.51%. Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) is -11.73% away from its 52 week high. On March 24, Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) reported data from a 12-week Phase II trial evaluating VX-661 in combination with ivacaftor in 39 people with cystic fibrosis (CF) aged 18 and older who have two copies of the F508del mutation. According to the company, the combination was generally well tolerated and all patients completed 12 weeks of treatment. The trial evaluated two doses of VX-661 100mg once daily or 50mg every 12 hours in combination with ivacaftor 150mg every 12 hours.

On Friday shares of Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) closed at $5.70. Company’s sales growth for last 5 years was 3.60% and EPS growth for next 5 years is recorded as 7.15%. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) on Thursday named Luciano Coutinho, the head of Brazil’s state development bank BNDES, as its new chairman. Coutinho will replace Guido Mantega, a former Brazilian finance minister, who resigned, the company said in a statement.

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) in last trading activity moved down -1.12% to close at $22.94. Company weekly performance is -7.39% while its quarterly performance stands at 2.64%. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is -9.40% away from its 52 week high. Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), continued to fall, extending their losses from the previous session, amid lingering worries over slow growth in the global wafer foundry industry, dealers said.

On last trading day Halliburton Company (NYSE:HAL) moved up 0.19% to close at $43.26. Its volatility for the week is 2.39% while volatility for the month is 2.20%. HAL’s sales growth for past 5 years was 17.50% and its EPS growth for past 5 years was 25.80%. Halliburton Company (NYSE:HAL) monthly performance is 1.74%. Halliburton Company (NYSE:HAL) announced that its stockholders approved Halliburton’s proposal to issue shares of Halliburton common stock as contemplated by its merger agreement with Baker Hughes Incorporated In addition, Baker Hughes announced that its stockholders adopted the merger agreement and thereby approved the proposed combination of the two companies.


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