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Conn's, Caterpillar, Bristol-Myers Squibb, Novartis and AstraZeneca highlighted as Zacks Bull and Bear of the Day
Date:12/11/2013

d to $0.60 for the July 2013 dividend.

Company Description

Caterpillar sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. It was formerly known as Caterpillar Tractor Co. and changed its name to Caterpillar Inc. in 1986. The company was founded in 1925 and is headquartered in Peoria, Illinois.

Earnings History

Over the last year, CAR has missed the Zacks Consensus Estimate in all four quarters. The misses of 22 cents, 3 cents, 26 cent and 23 cents followed 5 consecutive beats. In only two of the four recent earnings misses has the stock fallen.

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Bristol-Myers Presents Long-Term Data on Sprycell

 

Bristol-Myers Squibb Company (NYSE: BMY-Free Report) and partner Otsuka America Pharmaceutical, Inc. presented four-year follow-up data from a phase III study (DASISION: n=519) on their leukemia drug Sprycel (dasatinib: 100 mg, once daily) at the annual meeting of the American Society of Hematology.

 

The phase III international study evaluated Sprycel's efficacy and safety with that of  Novartis' (NYSE: NVS-Free Report) Glivec (imatinib) as a first-line therapy in adults suffering from Philadelphia chromosome-positive (Ph+) chronic phase chronic myeloid leukemia (CP-CML).

 

Data revealed that 76% patients in the Sprycel arm achieved a major molecular response as opposed to 63% patients treated with Novartis' cancer treatment. Moreover, 84% patients in the
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