TOP Ships Inc. (NASDAQ:TOPS), an international maritime shipping company that provides transportation services for petroleum products and dry bulk commodities, announced that it has entered into three Stock Purchase Agreements with an affiliate of the AMCI Poseidon investment fund by which the Company has agreed to sell the six shipowning subsidiaries which own the Company’s six vessels, for an aggregate cash consideration of approximately $173 million less approximately $135 million in debt and swap obligations of the Company that will be assumed by the buyers. TOP Ships Inc. (NASDAQ:TOPS) stock performance was -12.91% in last session and finished the day at $7.62. Traded volume was 46,690.00million shares in the last session and the average volume of the stock remained 16.33K shares. The beta of the stock remained 3.11. TOP Ships Inc. (NASDAQ:TOPS) insider ownership is 54.15%.
Stock prices of Sarepta Therapeutics Inc (NASDAQ:SRPT) hit rooftop by increasing 44% to $ 35.12 today during trading hours. Reason behind this increase is the company’s announcement on its plan to submit Duchenne muscular dystrophy treatment drug for approval this year. Currently, the company does not have any drugs in market. Sarepta Therapeutics Inc (NASDAQ:SRPT) rose 39.26 percent to $33.98 Monday on volume of 13.11million shares. The intra-day range of the stock was $33.57 to $40.00. Sarepta Therapeutics Inc (NASDAQ:SRPT) has a market capitalization of $1.28billion.
Emerging pharmaceutical company, ANI Pharmaceuticals Inc. (NASDAQ:ANIP), recently announced the extension of a fee for service product development agreement with Sterling Pharmaceutical Services. The generic drug product that will form basis of the agreement has not yet been disclosed. ANI Pharmaceuticals Inc (NASDAQ:ANIP)’s stock on Apr 21, 2014 reported a increase of 20.67% to the closing price of $30.83. Its fifty two weeks range is $4.80 -$38.74. The total market capitalization recorded $297.53million. The overall volume in the last trading session was 675,634.00million shares. In its share capital, NAIP has 11.28million outstanding shares.
Tarena International, Inc (ADR) (NASDAQ:TEDU), a leading provider of professional education services in China, today announced that it has signed a cooperation agreement with Bank of China Consumer Finance Co., Ltd. (BOCCFC) to provide financing services for Tarena International Inc (ADR) (NASDAQ:TEDU) students. On Monday, shares of Tarena International Inc (ADR) (NASDAQ:TEDU) advanced 15.13% to close the day at $7.76. Company return on investment (ROI) is 23.10%.