New Strong Sell Stocks for July 28th
Zacks Equity Research - Zacks Investment Research - Thu Jul 28, 7:57AM CDT
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Thursday
OSB: 24.48 (-0.96), FCH: 6.29 (unch), WFC: 47.70 (-0.11), RDY: 44.10 (-0.40), WAB: 68.06 (-0.40)
Downgrade Alert for Dr Reddys Laboratories (RDY)
Comtex SmarTrend(R) - Thu Jul 28, 3:46AM CDT
Dr Reddys Laboratories (NYSE:RDY) was downgraded from Neutral to Underperform at Credit Suisse today. The stock closed yesterday at $43.82 on volume of 801,000 shares, above average daily volume of 303,000. In the past 52 weeks, Dr Reddys Laboratories share prices have been bracketed by a low of $40.68 and a high of $68.00 and closed yesterday at $43.82, 8% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has remained constant.
RDY: 44.10 (-0.40)
Dr. Reddy's (RDY) Q1 Earnings and Revenues Decline Y/Y
Zacks Equity Research - Zacks Investment Research - Wed Jul 27, 8:10AM CDT
Dr. Reddy's (RDY) reported first-quarter fiscal 2017 earnings per American Depositary Share of 11 cents, down 79.6% from the year-ago quarter.
RDY: 44.10 (-0.40), BMY: 75.05 (-1.14)
Dr Reddys Laboratories Falls 15.57% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Tue Jul 26, 2:01PM CDT
Dr Reddys Laboratories (NYSE:RDY) traded in a range yesterday that spanned from a low of $43.70 to a high of $49.07. Yesterday, the shares fell 15.6%, which took the trading range below the 3-day low of $51.72 on volume of 2.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
RDY: 44.10 (-0.40)
Dr. Reddy's Q1 FY17 Financial Results
BusinessWire - Tue Jul 26, 1:03PM CDT
Dr. Reddy's Laboratories Ltd. (BSE: 500124) (NSE: DRREDDY) (NYSE: RDY):
RDY: 44.10 (-0.40)
Dr. Reddy's Laboratories Announces the Launch of Omeprazole and Sodium bicarbonate Capsules in the U.S. Market
BusinessWire - Mon Jul 18, 1:43AM CDT
Dr. Reddy's Laboratories Ltd. (BSE: 500124, NSE: DRREDDY, NYSE: RDY) announced today that it has launched Omeprazole and Sodium bicarbonate capsules, 20mg/1100mg and 40mg/1100mg, a therapeutic equivalent generic version of ZEGERID(R) (omeprazole/sodium bicarbonate) capsules in the United States market, having been approved by the U.S. Food & Drug Administration (USFDA).
RDY: 44.10 (-0.40)
Teva (TEVA) Provides 2016-2019 Outlook, Shares Gain
Arpita Dutt - Zacks Investment Research - Thu Jul 14, 7:10AM CDT
Teva (TEVA) provided its preliminary outlook for 2016-2019 and expects the Actavis Generics acquisition to go through anytime soon.
AGN: 250.75 (-4.11), MYL: 46.53 (-0.21), TEVA: 52.96 (-0.65), RDY: 44.10 (-0.40)
Looking For Generic Drug Stocks? Pick Up These Winners
Zacks Premium Research - Zacks Investment Research - Wed Jul 13, 5:27PM CDT
The short term earnings outlook for these stocks have been building momentum recently, so don't miss out!
MYL: 46.53 (-0.21), RDY: 44.10 (-0.40), AMPH: 16.17 (-0.12)
Dr. Reddy's to acquire product portfolio from TEVA for US Market
BusinessWire - Sat Jun 11, 8:26AM CDT
Dr. Reddy's Laboratories (BSE:500124, NSE
AGN: 250.75 (-4.11), RDY: 44.10 (-0.40)
Promius Pharma Launches Sernivo(TM) (betamethasone dipropionate) Spray, 0.05%
BusinessWire - Wed Jun 01, 1:48AM CDT
Dr. Reddy's Laboratories announced today that its US subsidiary, Promius Pharma, LLC, U.S. (BSE: 500124, NSE: DRREDDY, NYSE: RDY), launched Sernivo(TM) (betamethasone dipropionate) Spray, 0.05% in the U.S. Sernivo Spray, a prescription topical steroid approved by the Food and Drug Administration (FDA) in February of 2016, is indicated for the treatment of mild to moderate plaque psoriasis in patients 18 years of age or older.
RDY: 44.10 (-0.40)
Dr. Reddy's (RDY) Acquires Ducere Pharma's OTC Brands
Zacks Equity Research - Zacks Investment Research - Thu May 26, 2:57PM CDT
Dr. Reddy's Laboratories Ltd. (RDY) announced that it acquired a portfolio of OTC brands in the cough-and-cold, pain, and dermatology categories from Ducere Pharma.
ABT: 45.07 (-0.22), JNJ: 124.85 (-0.55), RDY: 44.10 (-0.40)
Dr. Reddy's Enters the Branded Consumer Health Arena Through the Acquisition of Six OTC Brands
BusinessWire - Wed May 25, 5:47AM CDT
Dr. Reddy's Laboratories Ltd. (BSE: 500124, NSE: DRREDDY, NYSE: RDY) today announced the acquisition of an eminent portfolio of over-the-counter (OTC) brands in the cough-and-cold, pain, and dermatology categories. The company acquired six OTC brands from Ducere Pharma, including DOAN'S(R), BUFFERIN(R), NUPERCAINAL(R) Ointment, CRUEX(R) Nail Gel, COMTREX(R), and MYOFLEX(R).
RDY: 44.10 (-0.40)
Dr. Reddy's Q4 and FY16 Financial Results
BusinessWire - Thu May 12, 5:47AM CDT
--Q4 EBITDA at Rs. 4.8 billion(12.8% of the revenues)
RDY: 44.10 (-0.40)
Dr. Reddy's Laboratories Announces the Appointment of Mr. Bharat Doshi as an Additional Independent Director on the Board of the Company
BusinessWire - Wed May 11, 12:14PM CDT
Mr. Bharat Doshi has been appointed as an Additional Independent Director on the Board of Dr. Reddy's Laboratories Ltd. (BSE: 500124, NSE: DRREDDY, NYSE: RDY), effective May 11, 2016.
RDY: 44.10 (-0.40)
Drug Stocks' Earnings Slated for This Week: RDY, AVXS, ESALY
Zacks Equity Research - Zacks Investment Research - Wed May 11, 9:03AM CDT
Quite a few companies are still yet to report results. Let's take a peek at a few drug stocks that will report quarterly results later this week
JNJ: 124.85 (-0.55), GILD: 79.57 (-0.89), PFE: 36.39 (-0.92), AMGN: 174.15 (-0.01), ABBV: 66.78 (-0.16), RDY: 44.10 (-0.40), AVXS: 34.90 (-0.70), NVS: 82.96 (-0.11)
Dr. Reddy's to Release Q4 and Full Year FY16 Results on May 12, 2016; Earnings Call Slated for May 12, 6.30 PM IST / 9.00 AM EDT
BusinessWire - Tue Apr 26, 6:34AM CDT
Dr. Reddy's Laboratories (NYSE: RDY; NSE: DRREDDY; BSE: 500124) will announce results for the Fourth Quarter and Full Year ended March 31, 2016 on Thursday, May 12, 2016 after the Board Meeting. The results will be available on the Company's website www.drreddys.com.
RDY: 44.10 (-0.40)
ZEMBRACE(TM) SymTouch(TM) (Sumatriptan Injection) 3 mg, Approved by the FDA in January 2016 for the Acute Treatment of Migraine with or without Aura in Adults, is Now Commercially Available in the U.S.
BusinessWire - Tue Apr 19, 4:12AM CDT
Promius Pharma LLC, a subsidiary of Dr. Reddy's Laboratories (BSE: 500124, NSE: DRREDDY, NYSE: RDY), announced today that ZEMBRACE SymTouchis now commercially available in the U.S.
RDY: 44.10 (-0.40)
Cutispharma, Dr. Reddy's Laboratories Announce Partnership
PR Newswire - Tue Apr 05, 5:00AM CDT
CutisPharma, a specialty pharmaceutical company that has historically developed and distributed kits used by pharmacists to safely create compounded medications, announced today that it is entering into Active Pharmaceutical Ingredient (API) supply and joint development agreements with Dr. Reddy's Laboratories Ltd. to advance several programs in CutisPharma's R&D portfolio, including RM-02, RM-03, and RM-06, toward FDA approval.
RDY: 44.10 (-0.40)