Author Archives: David Fagan

GW Pharmaceuticals PLC- ADR(NASDAQ:GWPH) Jumps to All-Time High

June 17, 2014 on by

“It is noteworthy that, of the patients who have responded to Epidiolex, a high proportion show a reduction in seizure frequency of greater than 50% and a portion of these patients were reported to be seizure-free at the end of 12 weeks of treatment,” stated CEO Justin Gover. “We believe that these signals of efficacy,…

RingCentral Single Executive Departure Creates Confusion

April 29, 2014 on , by

RingCentral stock has been negatively impacted over the past few days due to some confusion around the departure of Bob Lawson, who was a senior vice president and treasurer at the company. Mr. Lawson had been the CFO prior to RingCentral’s IPO last year, but before going public, the company brought on Clyde Hosein as…

Aruba Networks VAR Contacts Point to Same Conclusion

April 27, 2014 on , by

Recent in-depth VAR discussions reinforce our confidence in both Aruba’s short-term trajectory and long-term growth strategy. In the near term, Aruba’s business is being driven by three main product catalysts—802.11ac, Instant, and ClearPass—each of which we believe are best of breed. In the medium to long term, as the network edge becomes wireless-centric and the…

Charles River Laboratories International Galapagos Transaction Update

April 23, 2014 on , , by

On March 13 Charles River announced the acquisition of Galapagos NV’s CRO services businesses: Argenta and BioFocus. To finance the acquisition, Charles River used a combination of cash and debt from its existing euro-denominated revolving credit facility. As a result, we estimate 2014 interest expense will increase by $2.8 million, to $9.6 million. CRL trades…

RealD Fiscal Fourth-Quarter Box Office Receipts Slightly Above Expectations

April 17, 2014 on , by

After the markets closed on Monday, RealD released monthly box office receipts for March. Taken in conjunction with January and February receipts, RealD delivered total quarterly box office receipts of $499 million, roughly in line with our estimate of $491 million. RealD released monthly attributable cinema box office receipts for March after the markets closed…

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