Stocks To Watch: Novavax, Inc. (NASDAQ:NVAX), Baxalta Inc(NYSE:BXLT), Exelixis, Inc. (NASDAQ:EXEL)
Lakeway, NY — (MARKET NEWS CALL) — 19/02/2016— Specialpennystockalert.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market about the small and penny stocks, issues news alert on Novavax, Inc. (NASDAQ:NVAX), Baxalta Inc(NYSE:BXLT), Exelixis, Inc. (NASDAQ:EXEL).
Novavax, Inc. (NASDAQ:NVAX)’s shares jumped 0.21% to $4.86. The company on Feb. 5, 2016, announced that, in connection with Novavax’ previously announced initial offering of 3.75% Senior Convertible Notes due 2023 (the “Notes”), the initial purchasers have exercised in part their previously announced over-allotment option to purchase an additional $25 million aggregate principal amount of the Notes (the “Additional Notes”). The closing of the sale of the Additional Notes occurred on Feb. 5, 2016. Following the closing of the Additional Notes, Novavax has issued a total of $325 million aggregate principal amount of its 3.75% Senior Convertible Notes due 2023.
Baxalta Inc(NYSE:BXLT)’s shares declined 0.71% to $39.12. The company, on Feb. 16, 2016, reported fourth-quarter profit of $95 million. The company said it had profit of 14 cents per share. Adjutsed earnings came to 57 cents per share. The results surpassed Wall Street expectations. The average estimate of analysts was for earnings of 56 cents per share. The company posted revenue of $1.76 billion in the period. For the year, the company reported profit of $956 million, or $1.40 per share. Revenue was reported as $6.15 billion.
Exelixis, Inc. (NASDAQ:EXEL)’s shares fell 1.97% to $3.99. The company announced that its fourth quarter and full year 2015 financial results will be released on Feb. 29, 2016 after the markets close.
Additionally, the company, on Feb. 1, 2016, announced positive overall survival (OS) results from METEOR, the phase 3 pivotal trial comparing cabozantinib to everolimus in 658 patients with advanced renal cell carcinoma (RCC) who have experienced disease progression following treatment with a VEGF receptor tyrosine kinase inhibitor (TKI).
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Tags: Baxalta Inc(NYSE:BXLT), Exelixis, Inc. (NASDAQ:EXEL), Inc. (NASDAQ:NVAX), Novavax