Momentum Stocks

Intelsat Unit Prices Private Offering of Senior Notes Due 2024; Lifts Offer Amount to $2.25 Bln

September 6, 2018 at 8:59 am

Intelsat S.A (I), an integrated satellite communications company, said late Wednesday that its indirect wholly-owned subsidiary, Intelsat Jackson Holdings S.A., has priced a private offering of 8.500% senior notes due 2024. The company said that the amount of notes to be issued has been increased from an initially contemplated $2.0 billion to $2.25 billion, according to a statement. Intelsat JacksonRead More

Lilly Spinoff Elanco Animal Health Seeks to Raise $1.45 Billion in Initial Public Offering

September 6, 2018 at 8:51 am

Eli Lilly and Company (LLY) spinoff Elanco Animal Health Inc. said in a regulatory filing on Thursday that it will raise up to $1.45 billion in its initial public offering. The company said in a filing with the Securities and Exchange Commission that it will offer 62.9 million shares of common stock for $20 to $23 per unit under theRead More

BeyondSpring Says Data Demonstrate Potential of Plinabulin as Cancer Care Drug

September 6, 2018 at 8:49 am

BeyondSpring (BYSI) said pre-market Thursday that its lead asset, Plinabulin, a novel, non-G-CSF small molecule in development for the prevention of chemotherapy-induced neutropenia (CIN) and for the treatment of non-small cell lung cancer (NSCLC), mitigated both docetaxel CIN and thrombocytopenia in patients with advanced NSCLC in its phase 2 trial. The biopharmaceutical company said that the data demonstrate Plinabulins’ potentialRead More