Stifel Nicolaus dropped their target price on shares of Auxilium Pharmaceuticals Inc (NASDAQ:AUXL) from $35.00 to $30.00 in a research note issued on Tuesday, American Banking & Market News reports. Stifel Nicolaus’ target price would indicate a potential upside of 44.09% from the stock’s previous close. Auxilium Pharmaceuticals, Inc. (NASDAQ:AUXL) net profit margin is -17.50% and weekly performance is -3.23%. On last trading day company shares ended up $19.48. Analysts mean target price for the company is $27.08. Auxilium Pharmaceuticals, Inc. (NASDAQ:AUXL) distance from 50-day simple moving average (SMA50) is -26.20%.
Sanofi SA (ADR) (NYSE:SNY) saw a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 2,473,522 shares, a drop of 43.8% from the March 31st total of 4,402,961 shares, Stock Ratings News reports. Based on an average daily trading volume, of 2,245,371 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.0% of the company’s shares are sold short. Sanofi SA (ADR) (NYSE:SNY) shares advanced 0.06% in last trading session and ended the day on $52.61. Gross Margin is 67.20% and its return on assets is 3.10%. Sanofi SA (ADR) (NYSE:SNY) quarterly performance is 10.18%.
Eli Lilly and Co (NYSE:LLY) lost a U.K. lawsuit over its Alimta cancer treatment when a judge ruled that a generic version planned by Actavis Plc (ACT) doesn’t breach European patents. Judge Richard Arnold in London rejected Lilly’s argument that Actavis’s planned pemetrexed disodium product infringed patents registered in the U.K., France, Italy and Spain. Lilly said it would appeal the ruling, part of which relates to the use of vitamins. Eli Lilly and Co (NYSE:LLY) shares moved down -3.14% in last trading session and was closed at $58.21, while trading in range of $58.01 – $59.81. Eli Lilly and Co (NYSE:LLY) year to date (YTD) performance is 16.14%.
SUROCO ENERGY INC (OTCMKTS:SROYF) wishes to provide an update of drilling and testing operations at the Canelo Sur-2 well in the Putumayo 2 Block. Further to the Corporation’s press release of testing operations at the Canelo Sur-2 exploration well have now been concluded. A 7-inch liner was run and cemented in the open-hole section of the well, and based on interpreted potential oil pay indicated by oil shows during drilling and open hole and cased hole well log information, a 44 foot interval in the Villeta Lower ‘U’ sand was completed and tested. Production testing with a hydraulic pump yielded primarily formation water with some intermittent volumes of oil, (recorded as up to 3% of the total fluid rate) over approximately 48 hours of evaluation. Based on the testing results, the Canelo Sur-2 well will be abandoned and the rig will be released in the near future. SUROCO ENERGY INC (OTCMKTS:SROYF) ended the last trading day at $0.461 .
Deutsche Telekom AG (ADR) (OTCMKTS:DTEGY) said on Thursday US competition authorities would play a decisive role in the future of its T-Mobile US business. The company’s fast-growing US business has caught the eye of Japan’s Softbank, which is interested in merging the unit with its own US telecoms arm, Sprint Corp. Deutsche Telekom AG (ADR) (OTCMKTS:DTEGY) on last trading day company shares ended up $17.23 .