Macrocure, Ltd. (NASDAQ:MCUR) Still Surging One Month After Merger With Leap Therapeutics

Macrocure, Ltd. (NASDAQ:MCUR) Still Surging One Month After Merger With Leap Therapeutics

Shares of Macrocure, Ltd. (NASDAQ:MCUR) are still advancing significantly one month out from merger with Leap Therapeutics. Shares of Macrocure Ltd. MCUR shot up 66.1% after the company announced that it has signed a definitive merger agreement with privately held company, Leap Therapeutics, Inc. After the completion of the deal, Leap Therapeutics will become a publicly traded company, with Macrocure operating as its wholly owned subsidiary. Leap Therapeutics will apply […]

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Shares of Peregrine Pharmaceuticals (NASDAQ:PPHM) Fall Following Report

Shares of Peregrine Pharmaceuticals (NASDAQ:PPHM) Fall Following Report

Biopharmaceutical company, Peregrine Pharmaceuticals (NASDAQ:PPHM has reported that the that top-line data from the Phase III SUNRISE trial of bavituximab in patients with previously treated locally advanced or metastatic non-squamous non-small cell lung cancer were presented in an oral presentation at the European Society for Medical Oncology 2016 Congress. — Company Has Identified Beta-2 Glycoprotein-1 (β2GP1) as a Biomarker that Correlates with Statistically Significant Improvement in Overall Survival for Patients […]

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PhotoMedex, Inc. (NASDAQ:PHMD) Acquired By ICTV Brands (CSE:ITY) for $9.5M, Stocks Advance on News

PhotoMedex, Inc. (NASDAQ:PHMD) Acquired By ICTV Brands (CSE:ITY) for $9.5M, Stocks Advance on News

Marketing and branding health company, ICTV Brands (CSE:ITY) announces an agreement to acquire the consumer products business of PhotoMedex, Inc. (NASDAQ:PHMD) for $9.5 million. A Wayne direct response marketing and branding company specializing in the health, wellness and beauty sector, has signed a definitive agreement to acquire the consumer products business of PhotoMedex Inc. — led by its line of no!no! hair removal products — for $9.5 million. ICTV Brands […]

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How Will Investors Respond to News that Aemetis, Inc. (NASDAQ:AMTX) Awards Stock Option

How Will Investors Respond to News that Aemetis, Inc. (NASDAQ:AMTX) Awards Stock Option

Renewable Fuels and biochemical company, Aemetis, Inc. (NASDAQ:AMTX), announces that it has awarded a nonqualified stock option for the purchase of 12,000 shares of common stock at an exercise price of $1.63 CUPERTINO, CA / ACCESSWIRE / September 30, 2016 / Aemetis, Inc. (AMTX), On August 18, 2016, a nonqualified stock option for the purchase of 12,000 shares of common stock at an exercise price of $1.63 (the closing price […]

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Pepsico and Senomyx, Inc. (NASDAQ:SNMX) Announce Three-Year Extension of the “Sweet Taste” Program, How Will the Stock Price Respond?

Pepsico and Senomyx, Inc. (NASDAQ:SNMX) Announce Three-Year Extension of the “Sweet Taste” Program, How Will the Stock Price Respond?

Leading taste science company, Senomyx, Inc. (NASDAQ:SNMX), announces that it has extended its Sweet Taste Program with PepsiCo for another three years. SAN DIEGO, Sept. 30, 2016 /PRNewswire/ — Senomyx, Inc. (SNMX), a leading company using proprietary taste science technologies to discover, develop, and commercialize novel flavor ingredients for the food, beverage, and ingredient supply industries, announced today that it has amended and restated its Sweet Taste Program collaboration agreement […]

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Analysts Strong on ABM Industries, Inc. (NYSE:ABM)

Analysts Strong on ABM Industries, Inc. (NYSE:ABM)

Analyst has recently weighed in on ABM Industries, Inc. (NYSE:ABM), issuing notes to Andrew J. Wittmann, of Baird Equity Research Facility Services remains their Outperform rating on the stock on September 03, 2015 with a $35.00 price target, or 16.67% upside to the last closing price. F3Q15 earnings presented a “kitchen sink” quarter, with new management announcing key tenets of the company’s comprehensive strategic review, but also unwinding previous margin-enhancing […]

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MorningStar Cuts Fair Value Estimate to $23 from $25 on Micron Technology, Inc.(NASDAQ:MU)

MorningStar Cuts Fair Value Estimate to $23 from $25 on Micron Technology, Inc.(NASDAQ:MU)

Equity Analyst Abhinav Davuluri of Investment Research Firm MorningStar issued a research report called ”2015 Headwins Expected to Persist in 2016 for Micron Technology, Inc.(NASDAQ:MU); Cutting Fair Value Estimate to $23 According to the report ”Micron reported fiscal fourth-quarter results that were in line with our expectations. PC-related DRAM once again served as a drag on gross margin; however, management stressed that non-PC market DRAM (mobile, server, etc.) demand was […]

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Here is Why MorningStar Updated Forecasts and Estimates on Exelixis, Inc.(NASDAQ:EXEL)

Here is Why MorningStar Updated Forecasts and Estimates on Exelixis, Inc.(NASDAQ:EXEL)

Equity Analysts Karen Andersen, CFA and Stefan Quenneville, CFA of Investment Research Firm MorningStar issued a research report called ”Pricing Concerns in Pharma and Biotech Industries Creates Some Buying Opportunities and updated star rating on Exelixis, Inc.(NASDAQ:EXEL) According to the report ”Exelixis is best known for its R&D prowess for discovering targeted cancer drugs, which has resulted in a pipeline of oncology products partnered with multiple Big Pharma players. The […]

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MorningStar Updates Forecasts and Estimates on Gilead Sciences, Inc.(NASDAQ:GILD) Here is Why

MorningStar Updates Forecasts and Estimates on Gilead Sciences, Inc.(NASDAQ:GILD) Here is Why

Equity Analysts Karen Andersen, CFA and Damien Conover, CFA of Investment Research Firm MorningStar issued a research report and updated Forecasts and Estimates on Gilead Sciences, Inc.(NASDAQ:GILD) On October 2. According to the report ”Gilead’s focus on infectious disease has paid off in spades. With a small salesforce, inexpensive manufacturing, and selective research and development, it generates stellar profit margins, and the firm’s pipeline is extending its reach into other […]

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Sterne Agee Initiates Buy on GoPro Inc (NASDAQ:GPRO) Sees 50% Upside for the Stock

Sterne Agee Initiates Buy on GoPro Inc (NASDAQ:GPRO) Sees 50% Upside for the Stock

In a research report issued September 28 Sterne Agee analysts Rob Cihra and Edison Yu initiated coverage on shares of GoPro Inc(NASDAQ:GPRO) with a buy rating and price target of $45 which represents a potential upside of 50% from where the stock is currently trading. Cihra and Yu noted ”Pulling this together, we disagree with one of the GPRO bear cases from day 1, namely that other consumer electronics companies […]

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Black Stallion Oil and Gas Inc(OTCMKTS:BLKG) Makes Headway in northwest Montana

Black Stallion Oil and Gas Inc(OTCMKTS:BLKG) Makes Headway in northwest Montana

Black Stallion Oil and Gas Inc(OTCMKTS:BLKG) is a penny stock promotion that has created big buzz in recent months running from around $0.75 start point to highs of $2.39 a share. BLKG hit the OTCBB back in June of this year after a 60 for 1 forward stock split and the name change from Secure It Corp. Black Stallion Oil and Gas Inc(OTCMKTS:BLKG) is a publicly traded, Los Angeles, CA […]

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Advaxis Reports 38.5% 12-Month Survival Rate In Cervical Cancer Patients

Advaxis Reports 38.5% 12-Month Survival Rate In Cervical Cancer Patients

Advaxis (ADXS), a biotechnology company, said Stage 1 data in a Phase 2 trial showed treatment with its axalimogene filolisbac resulted in a 38.5% percent 12-month overall survival rate in 26 patients with persistent or recurrent metastatic cervical cancer. Safety data showed that Grade 1 or 2 adverse events occurred in 73% of patients, with four patients experiencing a Grade 3 adverse event (hypotension and cytokine release syndrome) and one […]

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SouFun Holdings To Raise Between $400 Million And $700 Million

SouFun Holdings To Raise Between $400 Million And $700 Million

SouFun Holdings (SFUN), a real estate Internet portal in China, Friday reported “subscription agreements” with IDG Capital Partners, and with entities affiliated the Carlyle Group, and with founder, Chairman and CEO Vincent Mo, in which between $400 million and $700 million (of which 50% will be convertible notes) will be raised to purchase SouFun’s newly issued class A ordinary shares and convertible notes. Soufun said that under the subscription agreements, […]

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Deutsche Bank To Close Corporate Banking & Securities Business in Russia

Deutsche Bank To Close Corporate Banking & Securities Business in Russia

Deutsche Bank (DB) said Friday that it will close its onshore Corporate Banking & Securities business presence in Russia as part of an ongoing review of its global footprint. The firm said it has made the decision to reduce complexity, costs, risks, and capital consumption. Deutsche Bank’s Russian Corporate Finance and Markets businesses will now operate from international hubs. The Bank will continue to offer prices in Russian securities to […]

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Zayo Group Returns to Profit in Fiscal Q4 But Falls Short of Views

Zayo Group Returns to Profit in Fiscal Q4 But Falls Short of Views

Zayo Group (ZAYO) reported a fiscal Q4 profit compared to a loss the year earlier while its revenue rose to exceed estimates. The provider of bandwidth infrastructure said it had a profit of $5.1 million in the quarter ended June 30 compared to a loss of $53.7 million a year ago, missing the average $9.8 million profit that had been expected by analysts polled by Capital IQ. The company didn’t […]

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Broadwind Energy Lowers Guidance; Cuts Q3 Revenue Outlook By One-Fifth

Broadwind Energy Lowers Guidance; Cuts Q3 Revenue Outlook By One-Fifth

Broadwind Energy (BWEN) Friday reported that its revenue and loss per share for the quarter ending Sept. 30 are expected to be below the company’s previous estimates, as a result of production difficulties and supplier-quality issues at its Manitowoc, WI tower facility. Broadwind, active in windmills and other gearing markets, said based on preliminary financial results, it now expects consolidated Q3 revenue to be between $52 million to $53 million, […]

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Update: PSB Holdings Hits Highest Level Since 2008

Update: PSB Holdings Hits Highest Level Since 2008

PSB Holdings (PSBH) soared to the highest level since 2008. The company said late Wednesday in a SEC filing Putnam Bancorp, MHC (the Mutual Holding Company), PSB Holdings, Inc. and Putnam Bank each adopted a Plan of Conversion and Reorganization of the Mutual Holding Company pursuant to which the Mutual Holding Company will undertake a “second-step” conversion and cease to exist. Putnam Bank will reorganize from a two-tier mutual holding […]

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Market Chatter: ZS Pharma Hits New Record High Off Halt

Market Chatter: ZS Pharma Hits New Record High Off Halt

Shares of ZS Pharma (ZSPH) touched a fresh record high after resuming trade Thursday afternoon following a Bloomberg report noting Actelion Ltd. CEO Jean-Paul Clozel made a preliminary takeover offer in August, in a deal valuing the biopharmaceutical firm at $2.5 billion. ZSPH was up almost 32% in recent afternoon trade, with a new 52-week range of $31.07 to $84.85. The company has a current market cap of $1.93 billion. […]

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Google Slowly Rolling Out Android Pay on Thursday, Shares Firm

Google Slowly Rolling Out Android Pay on Thursday, Shares Firm

Google’s (GOOG, GOOGL) Android Pay is slowly rolling out on Thursday before reaching most Android phones (with NFC) running Android 4.4 KitKat or above within the next week. Android Pay allows a person to make contactless payments using a smartphone at participating retailers. Visa (V), MasterCard (MA), American Express (AXP), and Discover (DFS) cards from banks including Bank of America (BAC), US Bank, PNC, and others can be added to […]

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Tech Stocks Finishing Near Session Highs

Tech Stocks Finishing Near Session Highs

Technology stocks were finishing near their session highs this afternoon, supported by a big jump for Apple (AAPL) following the iPhone manufacturer’s yearly product conference yesterday while shares of technology companies in the S&P 500 were pushing to an 0.9% gain. In company news, shares of Palo Alto Networks Inc (PANW) rose Thursday after the networking equipment company reported strong fiscal Q4 financial results and forecast above-consensus Q1 earnings and […]

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