Gilead Sciences acquires Kite Pharma for $11.9-bn in cash

Endpoints News

Kite Pharma, Inc.'s average Free Cash Flow per Share Growth Rate was 0 percent during the past 12 months.

Philip Morris International a holding company.

Kite is not making money yet. Investors should be cautious of taking positions as this might indicate the stock is due to reverse course. United Kingdom-based Legal And General Grp Public Ltd Com has invested 0% in Kite Pharma Inc (NASDAQ:KITE). The Greatmark Investment Partners Inc holds 50,565 shares with $3.62 million value, up from 36,550 last quarter. The Chief Operating Officer now owns $12,119,928 of the stock as reported to the SEC. Asset Of Georgia Ga Adv, a Georgia-based fund reported 8,797 shares. Piper Jaffray maintained the shares of GILD in report on Wednesday, February 3 with "Overweight" rating. It worsened, as 34 investors sold Kite Pharma Inc shares while 43 reduced holdings. (NASDAQ:KITE) opened at 178.05 on Tuesday. The company has market cap of $62.71 million. The stock's current distance from 20-Day Simple Moving Average (SMA20) is 44.44%, whereas SMA50 and SMA200 are 60.38% and 133.67% respectively. The short interest to Kite Pharma Incorporated's float is 22.2%. The stock has "Buy" rating by William Blair on Wednesday, June 14. Blackrock has invested 0% in Kite Pharma Inc (NASDAQ:KITE). During the same period in the prior year, the company earned ($0.91) earnings per share. The biopharmaceutical company reported ($1.94) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($1.97) by $0.03.

WARNING: This story was reported by StockNewsTimes and is owned by of StockNewsTimes. If you are reading this piece on another domain, it was illegally copied and reposted in violation of US and global copyright & trademark law. The legal version of this piece can be read at The Kite pipeline also includes other cellular therapies that are advancing into clinical trials.

Goldman Sachs remains icy toward Tesla stock. As per Friday, April 7, the company rating was maintained by Cowen & Co. (NASDAQ:KITE) from a buy rating to a hold rating in a report released on Monday morning.

Samsung scion Lee appeals against five-year jail term for bribery
Lee has been accused of offering bribes of 38 million United States dollars for various departments after the death of his father. Their quote references allegations that South Korean President Parks offered "repeated and aggressive " requests from Samsung.

Sarahah has been uploading your address book without permission
Although the app does seek permission to access users' phone data, it refrains from disclosing what kind of data it collects. In 2014, security researchers were able to decloak posters on the app by tricking the app's contact-matching system.

Tobe Hooper, 'Texas Chain Saw Massacre' And 'Poltergeist' Director, Dead At 74
Aquaman director, James Wan said, "Sad to hear the passing of Tobe Hooper ". Hooper also directed the Steven Spielberg-produced 1982 film Poltergeist .

The companies said the transaction, under which Gilead will pay $180 per share in cash to acquire Kite, has been approved by both boards of directors.

Go Buy A Kite: And if you are going to spend nearly $12 billion on a kite, it had better fly. The shares were sold at an average price of $84.48, for a total transaction of $1,267,200.00. The shares were sold at an average price of $120.72, for a total transaction of $1,810,800.00. BUTITTA CYNTHIA M also sold $2.86M worth of Kite Pharma Inc (NASDAQ:KITE) shares. The stock decreased 0.31% or $0.23 on August 25, reaching $73.79. In a transaction dated August 08, 2017, the shares were put up for sale at an average price of $119.56, raking in a sum of $9,558,702.

Jefferies Group Llc increased Whiting Pete Corp New (Put) (NYSE:WLL) stake by 1.18 million shares to 1.42M valued at $17.11 million in 2016Q4. The disclosure for this sale can be found here. Nomura Asset Management Company Ltd sold 5,380 shares as Baidu Inc (BIDU)'s stock rose 1.94%.

The company was founded in the USA by Israeli-American Professor Arie Belldegrun, who already has two exits to his credit. They're living drugs, and the production process entails drawing a patient's blood; extracting the T-cells; inserting a gene that will enable them to identify tumors as targets; then infusing the cancer-killing compound back into the patient at a specialized medical center.


  • Taylor Swift takes on critics in new video

    Taylor Swift takes on critics in new video

    Still, it's better than " Look What You Made Me Do " - and that's as good a reason as any to listen to it. According to the latest Spotify data, the Swift smash has been streamed 23 million times.
    Xiaomi Mi 5X expected to launch on September 5 in India

    Xiaomi Mi 5X expected to launch on September 5 in India

    The invite gives little information about the phone - but it does hint at the presence of a dual-camera setup. Xiaomi Mi 5X has already been launched in China , so its specifications and features are known to the public.
    Mauricio Pochettino: Tottenham have a mental block... but not because of Wembley

    Mauricio Pochettino: Tottenham have a mental block... but not because of Wembley

    Danny Rose (knee) and Erik Lamela (hips) have progressed in their respective recoveries but are all still missing. Burnley forward Jonathan Walters has been ruled out after injuring his ankle against Blackburn on Wednesday.
  • Murray pulls out of US Open, may miss rest of season

    Murray pulls out of US Open, may miss rest of season

    Should Bouchard win that, No. 4 seed Elina Svitolina (+1000) is likely up next. "I missed it past year ". Add in Murray, and that means five of the top 11 men in the ATP rankings will be absent when the U.S.
    Bayern ready to loan out star

    Bayern ready to loan out star

    Apart from that, Jurgen Klopp's side have also recruited Andrew Robertson from Hull City and Dominic Solanke from Chelsea . It's easy when there is no pressure playing in mid-table where you can win today, lose tomorrow.
    Arrest Made in Beating of Charlottesville Teacher, Second Suspect Sought

    Arrest Made in Beating of Charlottesville Teacher, Second Suspect Sought

    Charlottesville police did not respond to additional questions regarding the video by press time. A second man, Alex Michael Ramos , 33, also is suspected of beating Harris, police told NBC29.
  • Joel Osteen Denies Keeping His Houston Megachurch Closed To Hurricane Harvey Refugees

    Joel Osteen Denies Keeping His Houston Megachurch Closed To Hurricane Harvey Refugees

    They also released photos of flooding in and around the Church . "Jesus promises us peace that passes understanding", he wrote . It also added that it would collect infant and adult diapers, baby formula and baby food, and help distribute to the community.
    Everything You Need to Know About Jon Snow's Real Name

    Everything You Need to Know About Jon Snow's Real Name

    Daenerys was the youngest, and she was born on Dragonstone around the same time as Jon , but she's still his father's sister. Also, maybe we'll see him as a wight? But when enough people make false promises, words stop meaning anything.
    98 dead as border gunfire drives more Rohingya to flee Myanmar

    98 dead as border gunfire drives more Rohingya to flee Myanmar

    The Rakhine state is the home of the Rohingya community of ethnic Muslims. The government evacuated some 4,000 non-Muslim villagers in the unrest.
  • Mexico Refuses To Negotiate NAFTA Over Twitter

    Mexico Refuses To Negotiate NAFTA Over Twitter

    At times his aides suggested Mexico would pay for it through new tariffs or with a tax on remittances sent back to Mexico . NAFTA is an agreement signed by Canada, Mexico and the U.S. to create a trilateral trade bloc in North America.
    AAP wins Bawana; CM Manohar Parrikar wins Panaji

    AAP wins Bawana; CM Manohar Parrikar wins Panaji

    Bawana bypoll in Delhi: Arvind Kejriwal-led AAP made a comeback in Delhi politics by scoring a massive victory in Bawana bypoll. Chief minister Parrikar was the BJP candidate in Panaji and he romped home almost 5,000 votes ahead of his nearest rival.

    US Open Tennis 2017: Schedule, Odds, Draw and Preview

    There will be no Serena Williams, once again, but her sister, Venus Williams, will be taking on a qualifier. Another superstar bites the triage dust, the first time the Scotsman has ever pulled out of a Slam.


Latest news

Stuart Law proud after Windies rally to beat England
But it was not until the stroke of tea that Windies lost their third wicket when Brathwaite edged Moeen Ali to Stokes at slip. Hope took the bulk of the plaudits after becoming the first man ever to make two tons in a first-class game at Headingley.

Olympic 5000m finalist David Torrence found dead at 31
Torrence participated in an anti-doping investigation into a coach who was arrested last summer. Torrence was from California and had come to Scottsdale to train a few weeks ago.

New chief challenged to steady the wheel at Uber
He has been steering the travel-bookings-based website since, taking it from a $15 billion venture to a $72 billion global brand. Expedia Inc .'s stock ( EXPE :OTC) was up 32 percent in the Trump bull market this year before the Uber news leaked.

Ruling TDP leading in Nandyal Bypoll
The TDP's Bhuma Brahmananda Reddy defeated his nearest rival, Silpa Mohan Reddy of the YSR Congress party , by over 27,466 votes. After all the rounds of the counting process, the Nandyal Bypoll election results will be out soon.

Take a closer look at Samsung's second dual-lens camera phone
On the front, there is display as well as the power button which also holds the fingerprint scanner to unlock the smartphone. Many users do not prefer to purchase a big-screen model because it is not easy to carry easily .

Boxer Gervonta Davis mercilessly mocked for fight night outfit
My fans and supporters, I apologise. "I had a chance to make the weight but I knew I couldn't make it and that is that". Davis pushed away Fonseca who stayed on his knees holding his head as the referee counted him out.

Kenya Enforces World's Toughest Law Against Plastic Bags
There are two categories of plastic bags that have been banned under the Environment Manufacturers and Co-ordination Act. Those bags are coming from 30 plastic manufacturers who sell the products for a total of $406 million per year.

Cavani outshines Neymar as PSG win
Curry was given a custom No. 30 PSG jersey before the game at the Parc des Princes stadium in Paris against Saint-Etienne.

NFLPA denied notes in Ezekiel Elliott's suspension appeal
While Ezekiel Elliott will attend his own suspension appeal hearing in NY this Tuesday, Dallas Cowboys owner Jerry Jones will not .

Dustin Johnson tops Jordan Spieth in playoff to win 2017 Northern Trust
Johnson kept the score tied by sinking a 17-foot putt on the final hole, forcing the extra round. Dustin Johnson came from five down Sunday against Jordan Spieth to capture the Northern Trust .

Victory in Belgium a 'dream come true' for Hamilton
The race marked his 200th win of the Briton's career and his fifth win in Belgium . The session began in bright and dry conditions, but finished in teeming rain.

Runways Flooded At Houston Hobby Airport, Flights Canceled
As tropical storm Harvey continues to pound parts of Texas , almost 3,000 flights have been canceled across the nation. Most have issued change-fee waivers for travelers who cancel their flights in anticipation of the storm.

Kansas City Chiefs Running Back Spencer Ware Out for Year
Players from both teams took a knee while Ware was examined, and he was taken off the field on a cart. Also in the mix will be tenured backup Charcandrick West and free-agent signing C.J.

Northern Illinois Red Cross ready to help hurricane victims
Continuing rains and flash floods are being dealt with. "When they need the most help and they have no idea who to reach out to". It is the most powerful storm to hit the United States in 13 years, and the worst storm to hit Texas since 1961.

Unrest, deaths, over rape conviction of Indian religious leader
The town of Sirsa, home to Singh's headquarters, is already under lockdown with school and colleges being shut, Reuters reports . As news of the conviction spread, groups of Ram Rahim's followers carried out arson attacks and attacked journalists and police.

Other news