November 2017 Scorecard

The November 2017 scorecard for the signals generated from Sonal can be downloaded here. The results are summarized in this table: Scorecard Total Repurchases M&A Guidance Contracts Clinical Trials Correct – Prev Close to Next Close 65% 65% 89% 63% 57% 67% Correct – Prev Close to Next Session Peak 87% 86% 89% 83% 95% […]

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KLX Reports Third Quarter Earnings and Raises Earnings Guidance

KLX, Inc. announced its third-quarter earnings on December 6. The company reported operating earnings of $60.5 million, which was an increase of 56.7% over the same quarter last year. KLX increased its estimated adjusted net earnings per share by $0.10 to $3.10 per diluted share. KLX is a leading distributor and service provider of fasteners […]

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Catalyst Pharmaceuticals Announces Positive Phase 3 Clinical Trial Results

On November 27, Catalyst Pharmaceutical, Inc. (CPRX) announced positive phase 3 clinical trial results from its drug Firdapse. This was the second phase 3 trial of Firdapse, which shows statistically significant improvement for symptomatic treatment of Lambert-Eaton Myasthenic Syndrome (LEMS). LEMS is a rare autoimmune disorder in which nerves have trouble sending to muscle cells, […]

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Lannett Announces FDA Acceptance of New Drug Application

On December 1, Lannett Company, Inc. (LCI) announced FDA acceptance of its 505(b)(2) New Drug Application (NDA) for Cocaine Hydrochloride (HCl) Topical Solution. The drug is a proprietary local topical anesthetic with the proposed name Numbrino. The submission is supported by two successful Phase 3 clinical trials.   Sonal detected the event and sent an […]

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