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COMPASS Pathways Sued For Alleged Theft Of Psilocybin Trade Secrets
Tuesday, August 9, 2022 - 1:56pm | 531Terran Biosciences Inc. is suing COMPASS Pathways (NASDAQ: CMPS) for the appropriation of trade secrets. Terran, a private biotech platform company filed a complaint against COMPASS last Friday. On Monday, August 8, the case was assigned to District Judge Ellen Lipton...
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Cannabis Movers & Shakers: Vireo Health, Flora, MJardin, Arcview, Viridian Capital Advisors
Tuesday, January 19, 2021 - 12:38pm | 640Here is a summary of the latest leadership changes within the cannabis industry. Vireo Health Hires Victor Mancebo From Liberty Health Sciences Science-focused cannabis company Vireo Health International Inc. (CNSX: VREO)(OTCQX: VREOF) welcomed Victor E. Mancebo to its Board of Directors. Mancebo...
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How 2 CEOs Earned Millions From Zero-Valued Stock Awards
Wednesday, June 22, 2016 - 10:15am | 517As surveillance over executive compensation escalates, Bloomberg reported that Six Flags Entertainment Corp (NYSE: SIX) and Tempur Sealy International Inc (NYSE: TPX) have "awarded millions of dollars in stock to top bosses and given the equity a unique value: zero." Zero-Valued Stock In order to...
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Wedbush: F5 Networks Will Have 'Another Run At $140'
Wednesday, March 4, 2015 - 2:32pm | 217In a report rolled out Tuesday, Wedbush analyst Scott Thompson initiated coverage on shares of F5 Networks, Inc. (NASDAQ: FFIV) with an Outperform rating. According to Thompson, "software-defined services position [the] stock from another run at $140." Wedbush declares being "...
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Wedbush Securities Raises Price Target On Juniper Networks As Focus Shifts To Organic Growth
Wednesday, January 28, 2015 - 9:32am | 110In a report published Wednesday, Wedbush Securities analyst Scott Thompson reiterated a Neutral rating on Juniper Networks, Inc. (NYSE: JNPR), and raised the price target from $23.00 to $24.00. In the report, Wedbush Securities noted, “JNPR pulls together another Q beat. During 4Q14, JNPR extended...
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Sonus Networks Shares Up 4% Following Analyst Comments
Tuesday, July 1, 2014 - 12:47pm | 87Earlier Tuesday, FBR analyst Scott Thompson commented on Sonus Networks (NASDAQ: SONS), saying the company's SBC revenues may grow 65 percent from 2013 levels by 2015 with consolidated margins possibly reaching 67 to 70 percent. Additionally, Thompson said if DSC margins are similar to SBC...
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Apple Earnings Roundup: iPhone Strength, Stock Split, Buybacks And More
Thursday, April 24, 2014 - 11:48am | 1022Apple (NASDAQ: AAPL) reported its much-anticipated second quarter results on Wednesday that blew many investors away. Apple handily beat the consensus by earning $11.62 per share, exceeding estimates of $10.18. Revenue of $45.65 billion beat what analysts were forecasting by $120 million. As if a...
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Analysts Optimistic On Juniper's New Operating Plan
Sunday, February 23, 2014 - 10:17am | 729Shares of Juniper Networks, Inc. (NYSE: JNPR) are gaining traction on Friday following management's announcement of a new "Integrated Operating Plan" after Thursday's close. Shares of Juniper have gained 2.4 percent in pre-market trading as investors respond to management's plans to spend $1...
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FBR Capital Markets Reiterates Underperform on Juniper Networks Ahead of 3Q13 Earnings Report
Monday, October 21, 2013 - 12:30pm | 219In a report published Monday, FBR Capital Markets analyst Scott Thompson reiterated an Underperform rating and $16.00 price target on Juniper Networks (NYSE: JNPR). In the report, FBR Capital Markets noted, “Juniper is scheduled to report 3Q13 earnings Tuesday, Oct. 22 after the close, and to hold...
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FBR Capital Markets Reiterates Underperform on BlackBerry Ahead of Expiration of Fairfax Agreement
Wednesday, October 9, 2013 - 11:26am | 198In a report published Wednesday, FBR Capital Markets analyst Scott Thompson reiterated an Underperform rating and $8.00 price target on BlackBerry Ltd. (NASDAQ: BBRY). In the report, FBR Capital Markets noted, “We expect shares of Blackberry to remain range-bound through the expiration of the...
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UPDATE: FBR Capital Markets Lowers PT on BlackBerry Following Disappointing F2Q14 Results
Monday, September 23, 2013 - 11:34am | 189In a report published Monday, FBR Capital Markets analyst Scott Thompson reiterated an Underperform rating on BlackBerry Ltd. (NASDAQ: BBRY), but lowered the price target from $9.00 to $7.00. In the report, FBR Capital Markets noted, “On Friday, September 20, BlackBerry preannounced F2Q14 results...
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Is the Yahoo! Turnaround On Track?
Wednesday, January 30, 2013 - 9:35am | 1549One of the more interesting investment stories in the Internet space is the turnaround taking place at Yahoo (NASDAQ: YHOO). The company, which has seen its revenues fall sharply in recent years, has become a target of activist investors amid its struggles. In 2008, Carl Icahn purchased a large...
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Why is Yahoo Obsessed with PayPal Executives?
Thursday, December 13, 2012 - 3:12pm | 665Yahoo (NASDAQ: YHOO) will reportedly add Max Levchin, the co-founder and former Chief Technology Officer of PayPal, to its board. This begs one simple question: why? It was not that long ago that Yahoo hired a former PayPal exec, Scott Thompson, to lead the company. He came to Yahoo with a stellar...
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Yahoo Earnings Preview: Gains Expected, Acquisitions Anticipated
Monday, October 22, 2012 - 1:30pm | 581Yahoo! (NASDAQ: YHOO) is expected to post a much-needed gain when it reports its third-quarter earnings after the market close on Monday. Current estimates suggest that Yahoo will post earnings of 26 cents per share on revenue of $1.08 billion. This is a modest increase over the company's 3Q 2011...
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Yahoo! CEO Marissa Mayer Wants Twitter's Katie Jacobs Stanton
Friday, August 10, 2012 - 8:55am | 439Marissa Mayer, Chief Executive Officer of digital media company Yahoo! (NASDAQ: YHOO), wants Twitter's Head of International Markets, Katie Jacobs Stanton, to come in and handle media according to AllThingsD. Mayer certainly needs to recruit some talent; Benzinga reported on Monday that VP Jim...