Wifts Investment Group

Good news! Provenge will be covered by Medicare. It’s an expensive treatment, but the panel decided it is worth it. Here is a link to Bloomberg report.
As I had mentioned in my February update, I have high hopes about this treatment (may be I am slightly biased because of my Immunology background). Analysts expect [...]

LMI Aerospace (LMIA) is up about 18% (at the time of writing) after it released it’s quarterly report. The earnings for the recent quarter was in line with the analysts expectation, which was 26 cents. However, LMIA said it sees a strong year ahead and increased its revenue guidance because it expects increased engineering services [...]

The Carlyle Group, a private equity firm,  is paying $55 a share for NBTY Inc. NBTY makes nutritional supplement and we bought some of it’s stocks in May. Here is what we said in our May update:
NBTY Inc makes and markets nutritional supplements. They have been growing rapidly in the last decade, and still [...]

Shares of AAR Corp (NYSE: AIR) fell as much as 18% today after the company lowered their 2010 fourth quarter earning guidance to $0.25-0.30 per share . Here is the press release they issued:
AAR CORP. (NYSE: AIR), today commented that results for the fourth quarter ending May 31, 2010, will be below its [...]

I guess we are not the only ones who like heath care sector. This marketplace story says that on a poll of 150 fund managers, 15% “cited healthcare as their favorite sectors looking into 2010, slightly topping the 12% who listed technology.” As I have mentioned before, healthcare is our largest holding with about 26% [...]