Home / Street Sector / Short Call at News Buzzer: Honeywell International (NYSE:HON), Dynavax Technologies (NASDAQ:DVAX)

Short Call at News Buzzer: Honeywell International (NYSE:HON), Dynavax Technologies (NASDAQ:DVAX)

Shares of Honeywell International Inc. (NYSE:HON) has price volatility of 1.11% in last 5 days trading session, as shares of firm closed at $106.94 by Dropping of -7.50% in last session. Shares price moving down from its 20 days moving average with -7.12% and isolated negatively from 50 days moving average with -7.47%. Honeywell International Inc. (HON) revealed that it trimmed third quarter earnings view to about $1.60 per share. Before, the firm had predictable earnings in range of $1.67 to $1.72 per share. Not Comprising stock compensation restructuring, third-quarter EPS is predictable to be about $1.67, in-line with the previous guidance range.

On average 19 analysts polled by Thomson Reuters predictable the firm to earn $1.70 per share. Analysts anticipates usually exclude special items. This guidance also reflects the impact of lower shipments to Business and General Aviation OEMs, continued program delays and completions in the domestic and international businesses within Defense & Space, and lower volumes in Productivity Solutions (part of Safety and Productivity Solutions). The firm now predicts third quarter sales of about $9.8 billion, down from its previous projection of $10.0 billion to $10.2 billion. Wall Street predictable $10.11 billion.

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Dynavax Technologies Corporation (NASDAQ:DVAX) raised 0.46% to finish at $10.82 in following trading session. Dynavax Technologies Corporation (NASDAQ:DVAX) reported the first presentation of findings from an ongoing Phase 1/2 study evaluating SD-101, Dynavax’s intratumoral TLR9 agonist, in combination with Keytruda (pembrolizumab), Merck’s anti-PD-1 treatment. Early results evaluating five patients with metastatic melanoma for efficacy and 16 patients for safety were reported. In patients naïve to anti-PD-1 treatment objective responses were observed in three out of four (75%) comprising one complete response (CR) and two partial responses (PR’s). One patient with progressive disease while receiving anti-PD-1 therapy was observed to have stable disease (SD). These data were presented in a poster session on Sunday at the European Society of Medical Oncology (ESMO) Yearly Congress 2016 in Copenhagen, Denmark.

SD-101 in combination with pembrolizumab was well-tolerated. No dose-limiting toxicities of the combination were observed in any dose cohort, and a maximum tolerated dose (MTD) was not identified. No immune-related adverse events were reported, and the most ordinary treatment-emergent adverse events were grade 1-2 flu-like symptoms, comprising fever, chills and myalgia consistent with the engagement of TLR9 and production of interferon alpha. The corporation has return on equity of -64.40% and while returns on assets was calculated -55.60% with -55.22% year to date performance. The yearly sales growth for the past five year was -29.90%.

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About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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