Cincinnati Financial (NASDAQ:CINF) reported quarterly earnings of $1.27 per share which missed the analyst consensus estimate of $1.31 by 3.05 percent. This is a 35.53 percent decrease over earnings of $1.97 per share from the same period last year. The company reported quarterly sales of $3.11 billion which beat the analyst consensus estimate of $3.11 billion by 0.13 percent. This is a 66.70 percent increase over sales of $1.87 billion the same period last year.
Sorrento Shares Gain Following FDA’s Nod for Initial-Stage Covid-19 Study
Sorrento Therapeutics (NASDAQ: SRNE) announced that the U.S. Food and Drug Administration (FDA) has cleared the Phase 1 study of its candidate, STI-1558, in patients with impaired renal and hepatic function.
