Traders Should Watch: Amgen (NASDAQ:AMGN), Great Basin Scientific (NASDAQ:GBSN), Swift Energy Co. (NYSE:SFY), International Business Machines Corporation (NYSE:IBM), Berkshire Hathaway Inc. (NYSE:BRK-B)


Amgen Inc. (NASDAQ:AMGN) and its subsidiary Onyx Pharmaceuticals, Inc announced that the European Medicines Agency (EMA) has accepted the Marketing Authorisation Application (MAA) of Kyprolis (carfilzomib) for Injection for the treatment of patients with relapsed multiple myeloma who have received at least one prior therapy. The MAA has been granted accelerated assessment by the EMA. On Friday shares of Amgen Inc. (NASDAQ:AMGN) closed at $157.72. Company’s sales growth for last 5 years was 6.50% and EPS growth for next 5 years is recorded as 11.10%.

Great Basin Scientific, Inc. (NASDAQ:GBSN) announced that it has launched a “best efforts” follow-on offering of up to 2,724,000 units at $8.80 per Unit. Each unit consists of one share of Series E preferred stock and eight Series C warrants. Great Basin Scientific, Inc. (NASDAQ:GBSN) in last trading activity advanced 4.87% to close at $2.80. Company weekly performance is 55.56% while its quarterly performance stands at -27.84%. Great Basin Scientific, Inc. (NASDAQ:GBSN) is -69.16% away from its 52 week high.

Analysts at SunTrust reiterated a “reduce” rating and set a $2.00 price target (down previously from $8.00) on shares of Swift Energy Company (NYSE:SFY) in a research note on Tuesday. On last trading day Swift Energy Co. (NYSE:SFY) advanced 1.95% to close at $3.13. Its volatility for the week is 11.09% while volatility for the month is 10.85%. SFY’s sales growth for past 5 years was -6.50% and its EPS growth for past 5 years was 44.50%. Swift Energy Co. (NYSE:SFY) monthly performance is 44.24%.

International Business Machines Corporation (NYSE:IBM)’s CEO said the company’s strategy to revamp its company to shift away from hardware and focus on company analytics, cloud computing, mobile services and security is on track. On Friday shares of International Business Machines Corporation (NYSE:IBM) closed at $161.94. Company’s sales growth for last 5 years was -0.60% and EPS growth for next 5 years is recorded as 4.51%.

Berkshire Hathaway Inc. (NYSE:BRK-B) chairman Warren Buffett is expected to release his much anticipated annual letter to shareholders on Saturday. The letter, which will mark his 50th anniversary at the company’s helm, is expected to hit 20,000 words as he offers his thoughts on the past year and on investment ideas for the future. On Friday shares of Berkshire Hathaway Inc. (NYSE:BRK-B) closed at $147.41.


Leave a Reply

Your email address will not be published. Required fields are marked *