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InterMune kept at market perform by JMP
InterMune, Inc. was reiterated by JMP Securities analyst Adam Cutler at market perform. The company reported first-quarter GAAP loss per share of $0.39, compared with the analyst's loss per share estimate of $0.23 and the Street's loss estimate of $0.26. Revenue (made up entirely of Actimmune sales) of $24.4 million was below JMP's forecast of $25.0 million and the Street's estimate of $25.9 million. Shares of the Brisbane, Calif., biopharmaceutical company were down 48 cents, or 2.90%, at $15.99 on volume of 586,772 shares versus the three-month running average of 399,603 shares. (Nasdaq: ITMN)
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