Diamonds and Dogs
Waste Management Inc. (WM)
Waste Management is trading in the green today, up 5.17% to $53.94. The waste removal company saw its shares rally after better than expected earnings and 2015 guidance. For the quarter the company posted earnings of $0.67 per share, higher than the $0.60 per share analysts expected. Waste Management now expects earnings in 2015 to be in the range of $2.48 to $2.55 per share, compared to the consensus estimate of $2.48 per share Shares of Waste Management climbed $2.65 today to a new 52-week high of $54.49 intraday.
Vascular Biogenics Ltd. (VBLT)
Vascular Biogenics is getting demolished today, down 65.49% to $4.87. The clinical stage biopharmaceutical saw its shares fall after news from its phase 2 study. Management announced that Lecinoxoid compound VB-201 in patients with psoriasis and ulcerative colitis did not meet their primary endpoints. The Company does not plan to continue development of VB-201 in these indications. Shares of Vascular Biogenics fell over $9.20 today and nearly broke through their 52-week low of $4.65.
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