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$REGN 2Q15 PR: In July 2015, European Medicines Agency's Committee for Medicinal Products for Human Use adopted a positive opinion for marketing authorization of Praluent, recommending its approval for use in certain adult patients with hypercholesterolemia; REGN & Sanofi reported that the Phase 3 ODYSSEY JAPAN trial met its primary endpoint.
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.