Depomed Inc (DEPO) 18.77 $DEPO Downgrade Alert for

Depomed Inc (DEPO) 18.77 $DEPO

Downgrade Alert for Depomed (DEPO)
Comtex SmarTrend(R) - Fri Jul 08, 3:11AM CDT
Depomed (NASDAQEPO) was downgraded from Buy to Neutral at UBS today. The stock closed yesterday at $18.76 on volume of 2.7 million shares, above average daily volume of 2.2 million. In the past 52 weeks, Depomed share prices have been bracketed by a low of $12.25 and a high of $33.74 and closed yesterday at $18.76, 53% above that low price. The 200-day and 50-day moving averages have moved 1.57% lower and 0.23% lower over the past week, respectively.
DEPO: 18.77 (+0.01)

Featured Research Report on Drug Manufacturers Stocks
ACCESSWIRE - Tue Jun 14, 8:15AM CDT
LONDON, UK / ACCESSWIRE / June 14, 2016 / ActiveWallSt.com announces the list of stocks for today's research coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Drug Manufacturers-Other industry. Companies recently under review include Ionis Pharma, Depomed, Amarin, and United Therapeutics. Register with us now for your free membership and see our complete reports on these equities at:
UTHR: 111.16 (+1.58), AMRN: 2.19 (+0.02), DEPO: 18.77 (+0.01), IONS: 25.36 (+0.22)

Depomed Issues Statement in Response to Starboard's Press Release
GlobeNewswire - Thu May 26, 10:17AM CDT
Depomed, Inc. (NASDAQEPO) ("Depomed" or the "Company" today issued the following statement in response to Starboard Value LP's ("Starboard" latest press release.
DEPO: 18.77 (+0.01)

Starboard Delivers Letter to Depomed Shareholders
PR Newswire - Thu May 26, 8:08AM CDT
Starboard Value LP (together with its affiliates, "Starboard", one of the largest shareholders of Depomed, Inc. (NASDAQ: DEPO) with an ownership interest in approximately 9.9% of Depomed's outstanding shares, today announced it has delivered an open letter to Depomed shareholders and intends to recommence the process for calling a Special Meeting of Depomed shareholders for removing and replacing the current Depomed Board of Directors with a modified slate of six highly qualified director nominees.
DEPO: 18.77 (+0.01)

Cebranopadol Data Presented at World Institute of Pain Congress Highlight Clinically Significant Reductions in Pain, Low Abuse Deterrent Potential and a Favorable Respiratory Profile
GlobeNewswire - Mon May 23, 7:00AM CDT
Depomed, Inc. (NASDAQEPO) today announced that clinical data from Phase IIb trials of cebranopadol in chronic lower back pain (cLBP) and diabetic peripheral neuropathy (DPN) as well as from the human abuse potential and respiratory depression studies conducted by Grunenthal GmbH ("Grunenthal" were presented this weekend at the 8th World Congress of the World Institute of Pain (WIP) in New York, New York. Cebranopadol is a novel, first-in-class analgesic in development for the treatment of moderate to severe chronic nociceptive and neuropathic pain. In December 2015, Depomed acquired the U.S. and Canadian rights to cebranopadol from Grunenthal.
DEPO: 18.77 (+0.01)

Depomed Announces District Court Order Extending Stay in NUCYNTA ANDA Litigation
GlobeNewswire - Wed May 18, 3:45PM CDT
Depomed, Inc. (NasdaqEPO) today announced that on May 18, 2016, Judge Claire C. Cecchi of the United States District Court for the District of New Jersey entered an order enjoining any of Actavis Elizabeth LLC, Actavis LLC and Actavis Inc. (collectively, "Actavis", Alkem Laboratories Limited and Ascend Laboratories (together, "Alkem", Roxane Laboratories, Inc. ("Roxane", and Watson Laboratories, Inc. ("Watson" from marketing generic versions of any of NUCYNTA, NUCYNTA ER or NUCYNTA oral solution prior to the Court's issuance of a decision in the pending patent litigation. The U.S. patents asserted in the consolidated action are: RE39,593; 7,994,364; and 8,536,130, which currently expire on August 5, 2022, June 27, 2025, and September 22, 2028, respectively. An additional six months of patent protection is expected for these patents upon issuance of pediatric exclusivity from the FDA. Judge Cecchi's order states that she expects to render a decision on this matter no later than September 30, 2016.
DEPO: 18.77 (+0.01)

Depomed Announces Presentation of Cebranopadol Data at World Institute of Pain Congress
GlobeNewswire - Mon May 16, 7:00AM CDT
Depomed, Inc. (NASDAQEPO) today announced that clinical data from two Phase IIb trials as well as human abuse potential and respiratory depression studies conducted by Grunenthal GmbH ("Grunenthal" will be presented at the 8th World Congress of the World Institute of Pain (WIP) to be held May 20-23, 2016 at the New York Hilton Hotel in New York, New York. Cebranopadol is a novel, first-in-class analgesic in development for the treatment of moderate to severe chronic nociceptive and neuropathic pain. In December 2015, Depomed acquired the U.S. and Canadian rights to cebranopadol from Grunenthal.
DEPO: 18.77 (+0.01)

Upgrade Alert for Depomed (DEPO)
Comtex SmarTrend(R) - Tue May 10, 3:45AM CDT
Depomed (NASDAQEPO) was upgraded from Neutral to Buy at Mizuho today. The stock closed yesterday at $17.85 on volume of 4.4 million shares, above average daily volume of 2.2 million. There is potential upside of 63.4% for shares of Depomed based on a current price of $17.85 and an average consensus analyst price target of $29.17. Depomed shares should encounter resistance at the 200-day moving average (MA) of $19.87 and support at the 50-day MA of $15.49.
DEPO: 18.77 (+0.01)

Depomed reports 1Q loss
Automated Insights - Thu May 05, 4:34PM CDT
NEWARK, Calif. (AP) _ Depomed Inc. (DEPO) on Thursday reported a loss of $20.9 million in its first quarter.
DEPO: 18.77 (+0.01)

Depomed Reports First Quarter 2016 Financial Results
GlobeNewswire - Thu May 05, 3:00PM CDT
- First Quarter Revenues of $105M, up 225% over 1Q 2015 -
DEPO: 18.77 (+0.01)

What Caused DepoMed's Shares to Skyrocket 20.9% In April
Todd Campbell, The Motley Fool - Motley Fool - Wed May 04, 11:40AM CDT
SOURCE: FLICKR USER STOCKMONKEYS.COM. What:  After activist investor Starboard Value LP took a nearly 10% stake in  DepoMed  , the company's shares soared 20.9% last month, according to data from S&P Global Market Intelligence . So what:...
HZNP: 18.71 (+0.52), DEPO: 18.77 (+0.01)

Depomed to Present at Healthcare Conferences in May
GlobeNewswire - Tue May 03, 7:00AM CDT
Depomed, Inc. (NASDAQEPO) today announced that it will be presenting at the following healthcare conferences during the month of May.
DEPO: 18.77 (+0.01)

Depomed to Report First Quarter Fiscal Year 2016 Financial Results on Thursday, May 5, 2016
GlobeNewswire - Thu Apr 28, 7:00AM CDT
Depomed, Inc. (NASDAQEPO) today announced that it will release first quarter fiscal year 2016 financial results after the close of market, Thursday, May 5, 2016. The Company will host a conference call beginning at 4:30 p.m. EDT (1:30 p.m. PDT) to discuss its results.
DEPO: 18.77 (+0.01)

4 Bargain Stocks You Can Buy Today
Todd Campbell, Jason Hall, Andrés Cardenal, and Steve Symington, The Motley Fool - Motley Fool - Wed Apr 27, 11:16AM CDT
Image source: Flickr user Elliott Brown.  The market is always offering up stocks in its bargain bin, but that doesn't necessarily mean every stock that's on sale is worth buying. We asked some of our top Motley Fool contributors to weigh in with...
IBM: 154.46 (+1.86), DEPO: 18.77 (+0.01), CLNE: 3.41 (+0.05), PCLN: 1,329.46 (+32.20)

Depomed gives Starboard chance for meeting to replace board
By The Associated Press - AP - Mon Apr 25, 10:02AM CDT
Depomed is taking another step to avoid the pain of a protracted fight with activist investor Starboard Value over control of the drugmaker.
DEPO: 18.77 (+0.01), DRI: 62.03 (-0.04)

Depomed Announces Record Date to Determine Shareholders Entitled to Request Special Meeting
GlobeNewswire - Mon Apr 25, 5:30AM CDT
Depomed, Inc. (NASDAQEPO) ("Depomed" or the "Company" today announced that it has established the close of business on April 26, 2016 as the Request Record Date to determine shareholders entitled to request the Special Meeting of Shareholders (the "Special Meeting" proposed by Starboard Value LP ("Starboard".
DEPO: 18.77 (+0.01)

Starboard presses on with push to replace Depomed's board
By The Associated Press - AP - Fri Apr 15, 9:15AM CDT
Starboard Value plans to forge ahead with its boardroom coup attempt at Depomed even though the pain treatment maker backed off a reincorporation plan that had incensed the activist investor.
DEPO: 18.77 (+0.01), DRI: 62.03 (-0.04)

Starboard Comments On Depomed's Decision To Withdraw Its Reincorporation Proposal
PR Newswire - Fri Apr 15, 6:15AM CDT
Starboard Value LP (together with its affiliates, "Starboard", one of the largest shareholders of Depomed, Inc. (NASDAQ: DEPO) with an ownership interest in approximately 9.9% of Depomed's outstanding shares, issued a statement today in response to Depomed's announcement yesterday that it has withdrawn its proposed reincorporation of the Company from California to Delaware that was included in its preliminary proxy statement for the upcoming 2016 Annual Meeting.
DEPO: 18.77 (+0.01)

Depomed Announces Decision Not To Pursue Proposed Reincorporation
PR Newswire - Thu Apr 14, 3:56PM CDT
Depomed, Inc. (NASDAQ: DEPO) ("Depomed" or the "Company" today announced that it will not pursue the proposed reincorporation of the Company from California to Delaware that was proposed in its preliminary proxy statement for its upcoming Annual Meeting of Shareholders (the "Annual Meeting". Depomed determined that to proceed with this proposal is not in the best interests of the Company and its shareholders as it would result in a costly and distracting proxy contest at a time when the Company is focused on growing its business and driving shareholder value. The vote to elect directors and the other agenda items at the Company's Annual Meeting is scheduled to be held on May 18, 2016.
DEPO: 18.77 (+0.01)