Eleven Biotherapeutics (EBIO) Misses Q2 EPS by 8c

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Eleven Biotherapeutics (EBIO) PT Raised to $8 at Leerink Partners

August 13, 2015 2:13 PM EDT

Leerink Partners analyst Jason Gerberry reiterated an Outperform rating and boosted his price target on Eleven Biotherapeutics (NASDAQ: EBIO) from $6 up to $8.35 following Q2 results and upside to EBI-005 phase 3 readout.

Gerberry noted that EBIO's Q2 loss of about $7 million was slightly narrower than the firm's outlook for a loss of about $8 million, which... More

Market Wrap: Markets Fend-off Further Yuan Slump; ITG Enters 'Dark Pool' Settlement; Cisco Ramps on Results; Pearson OKs Economist Group Sale

August 12, 2015 5:26 PM EDT

Market wrap for August 12th

End of the Day: S&P 500 up 2.0 to 2,086.05; Dow Jones down 0.3 to 17,402.51; Nasdaq up 7.6 to 5,044.39

Market Brief: Stocks moved into positive territory late Wednesday as they looked to stave off broader pressure tied to China devaluing the yuan.

Macy's slumped amid mixed data points; the retailer's Q2 results laggest expectations, while it also announced expansion deals, which included a flagship store on Alibaba's Tmall.

Alibaba itself was hit after missing consensus Q2 estimates.

Ceres and... More