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more like POS'n. lol!
well what the hell...jumped in for a starter in POZN at 5.93. eom
yep...thanks...that's why I'm just watching for now. The meeting that Glaxo and Pozen are setting up with the FDA may change things for the positive though...so that's what I'm waiting for.
got it. eom
POZN - watching...
FDA seeks added data on Trexima
AFX-Europe - June 9, 2006 12:50 PM (EDT)
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NEW YORK (AFX) - Drug developer Pozen Inc. and pharmaceutical giant
GlaxoSmithKline PLC said Friday that the Food and Drug Administration has issued an
approvable letter for their migraine treatment Trexima.
However, the agency also requested added safety information on Trexima, which may
require new studies. Shares of Pozen plunged $7.22 on the news, or 51 percent, to $6.89
on the Nasdaq. Earlier in the session, the stock touched a fresh 52-week low of $6.55,
erasing its prior trough of $7.25.
An approvable letter is an official notification which contains conditions that must
be satisfied prior to obtaining final U.S. marketing approval.
Pozen and GlaxoSmithKline plan to request a meeting with the agency as quickly as
possible to determine the appropriate next steps to gain full approval.
The treatment combines GlaxoSmithKline's Imitrex, which uses Pozen's RT Technology,
with naproxen sodium, a nonsteroidal anti-inflammatory drug. RT Technology allows drugs
to quickly dissolve and disperse in the stomach, especially when stomach movement is
slowed down, a common occurrence during a migraine.
The companies, which submitted the application in August, had expected to have the
treatment approved and on the market by the second half of 2006.
American depositary shares of London-based GlaxoSmithKline shed 57 cents to $54.83 on
the New York Stock Exchange.
little hangover this morning...LOL...AOB found a bottom...PRZ not yet.
But I'm also optimistic about this turning around a running also...so we'll see.
this news will help NCOC...(still holding)...Norfolk Southern Reports Record Coal Volumes in May
PR Newswire - June 9, 2006 12:13 PM (EDT)
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NORFOLK, Va., June 9, 2006 /PRNewswire-FirstCall via COMTEX/ -- Norfolk Southern Corporation (NYSE: NSC) handled a record 17.0 million tons of total coal, coke and iron ore in May 2006, an increase of 7.9 percent when compared with May 2005 and 1.7 percent over the previous monthly record set in August of last year. NS also set a new record in May for total coal volume, which reached 16.5 million tons, up 8.7 percent compared with May of last year. This monthly record exceeded the previous record, set in August of 2005, by 1.8 percent.
Year to date, NS has handled 79.6 million tons of total coal, coke and iron ore, an increase of 3.7 percent over last year. The total volume includes 77.7 million tons of coal, which exceeds 2005 volume by 4.6 percent.
The major contributing factor to the increase in volume was strong demand for coal moving to utilities, which continue to experience increased demand for electricity generation and to rebuild their stockpiles. Additional growth also came from strong domestic metallurgical coal demand.
"These record volumes were made possible by Norfolk Southern's commitment to invest in the infrastructure, equipment, manpower and technology needed to serve the coal industry efficiently," said Donald W. Seale, executive vice president and chief marketing officer. "Meeting the rapidly growing demands of the utility coal market as well as our other commodity markets is both a challenge and a top priority for Norfolk Southern."
The utility industry is the largest market served by the NS' Coal Business Group. In fact, a record 13.4 million tons were delivered to utilities in May, an increase of 15.5 percent when compared with May 2005. In May 2006, utility tons represented 81% of total coal shipped by NS. Year-to-date, NS has moved 62 million tons of coal to the utility market, 7.6 percent more than the same period 2005. NS has experienced seven consecutive quarters of year- over-year growth in utility volume.
Norfolk Southern Corporation is one of the nation's premier transportation companies. Its Norfolk Southern Railway subsidiary operates approximately 21,200 route miles in 22 states, the District of Columbia and Ontario, Canada, serving every major container port in the eastern United States and providing superior connections to western rail carriers. NS operates the most extensive intermodal network in the East and is North America's largest rail carrier of automotive parts and finished vehicles.
SOURCE Norfolk Southern Corporation
hmmmm thanks. eom
Anyone check to see if the companies increasing the number of shares issued?
Been buying more on the dips...looking forward to another big run. ))
wondered what was wrong with PRZ today...till now...back to normal. COME ON $!.00 !!!!
nice bounce on SCLD so far
CPNLQ - moving back up again )
holding EZM.
loosing it a little early hmmm guys? lol!
BTW....SCLD will release financial results for their fiscal second quarter 2006, which ended April 30, 2006, at 8:00 AM EDT, Wednesday, June 14, 2006
SCLD dropped big time today...new 1 year low...got a buy set at 1.10 for tomorrow.
so that they can sucker people in by making it look like it's a bottom....only to have it drop through the LOD the next moring by another dime. Them smart....We STUPID!
is that where PRZ actually pays you .08 per share to take their POS shares at .0000? Buying them easy...selling them will be impossible. lol!
we'll I do have one weeee LCCI
ain't that the truth. LOL! eom
Another one that's trying to find a bottom. Watched it off and on.
not mine...but not too red either. PRZ buy set at 1.00 good till cancellled...let it come...
yep...got a bid in at 1.00 also....still haven't figured this one out yet...still don't see the bottom.
I feel your "pain". eom
anyone buying PRZ at this "LOWER" level today....or is it just to painful?
used the AC sunday...first time...sunny California...ya right...seen more clouds/coastal fog/rain than sun.
that wasn't a debate. lol!
you deleted my message?
LCCI new yearly high weeee!
PACT news also this morning moving up slooooowly...lol! eom
PPHM news 1.90 year high weeeeeeeeeeeeee! eom
Got more pain at 1.20. ;-0
PPHM moving back up
ROFLMA! Still time for reattachment. eom
06 06 06.....and...... Mortgage demand dips as 30-year rate hits 4-year high of 6.66%
NEW YORK (Reuters) — Mortgage applications fell last week as mortgage rates were mixed, an industry trade group said Wednesday.
The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity for the week ended May 26 decreased 1.9% to 541.9 from the previous week.
Borrowing costs on 30-year fixed-rate mortgages, excluding fees, averaged 6.66%, up 0.05 percentage point from the previous week, and matching a four-year high touched two weeks ago.
Fixed 15-year mortgage rates averaged 6.22%, down from 6.23%. Rates on one-year adjustable-rate mortgages (ARMs) increased to 6.09% from 6.02%.
The MBA's seasonally adjusted purchase mortgage index fell 0.2% to 395.5.
The purchase index — considered a timely gauge of U.S. home sales — was also below its year-ago level of 462.7.
The group's seasonally adjusted index of refinancing applications decreased 4.8% to 1,409.0. A year earlier the index stood at 2,142.1.
The refinance share of mortgage activity decreased to 34.9% of total applications from 35.7% the previous week.
Historically low mortgage rates have fueled a five-year housing boom, helping support the U.S. economy's recovery from recession despite uncertain business investment.
Analysts differ on whether there is a housing bubble, but most agree that the market is cooling off from its record run.
ARMs have been a refuge for cash-strapped consumers seeking to buy a home with low initial mortgage payments. Rates on ARMs, however, have been rising less than fixed rates, which is possibly why demand for floating-rate products increased last week.
The ARM share of activity edged up to 30.7% of total applications last week from 30.5% the previous week. It was the highest ARM share since late January.
The MBA's survey covers about 50% of all U.S. retail residential mortgage originations. Respondents include mortgage bankers, commercial banks and thrifts.
Copyright 2006 Reuters Limited. Click for Restrictions.
a Dick Chaney shot. eom
EZM had some news this morning...if your interested...
http://bigcharts.marketwatch.com/news/articles.asp?guid={3AAE5567-7153-463D-80E5-70A82E268B57}&n...
http://stockcharts.com/c-sc/sc?s=EZM&p=DAILY&b=5&g=0&i=0&r=255
let's limbo...how low can you go on PRZ...got more at 1.20. When this snaps back...more profit....we'll see. LOL! eom