First North Korean's smartphone has unveiled
North Korea has unveiled its first smartphone…Read More >>
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Biotech Stock Incyte Receives $60M Milestone Payment
Last week, Incyte Corporation (INCY) received a milestone payment of $60 million from Novartis (NVS) pertaining to the reimbursement of Jakavi in Europe. The drug has been approved by the European Commission to treat adults suffering from primary myelofibrosis (MF), post-polycythemia vera MF or post-essential thrombocythemia MF. It is a common practice of small pharma…
Afternoon Movers – Paragon Shipping (NASDQ:PRGN), U.S. Steel (NYSE:X), Monster Worldwide (NYSE:MWW), Hibbett Sports (NASDAQ:HIBB), Visteon (NYSE:VC)
Paragon Shipping (NASDAQ:PRGN) firms after Jefferies & Co. initiates coverage with a buy rating a $12 price target. Jefferies said the outlook for dry bulk shipping is attractive, and Paragon has an attractive valuation. In afternoon trading, PRGN was up 3.05% to $6.67, at a 36% discount to Jefferies’ estimated net asset value (NAV). Shares…
Today’s Watch List : Infinera Corporation (NASDAQ:INFN), Activision Blizzard, Inc. (NASDAQ:ATVI), Atlantic Power Corporation (NYSE:AT), Excel Trust, Inc. (NYSE:EXL), Renasant (NASDAQ:RNST)
Infinera Corp. (NASDAQ:INFN) President David F. Welch sold 7,500 shares of the stock in a transaction that occurred on Monday, July 28th. The stock was sold at an average price of $9.09, for a total transaction of $68,175.00. Following the sale, the president now directly owns 14,132 shares in the company, valued at approximately $128,460….
Tech Stocks New Lows: Liquid Holdings Group (NASDAQ:LIQD), Care.com (NYSE:CRCM), Majesco Entertainment (NASDAQ:COOL), Varonis Systems (NASDAQ:VRNS)
Liquid Holdings Group, Inc. (NASDAQ:LIQD) said it has been recognized by the readers of leading hedge fund industry magazine Hedge week as the “Best Risk Management Software Provider” for 2014. Liquid Holdings Group Inc (NASDAQ:LIQD) stock performance was outstanding as the company reported a 24% sequential growth in Q4 over Q3. Here is a link…
Stocks to Watch: Baidu Inc (ADR) (NASDAQ:BIDU), Ford Motor Company (NYSE:F), Visa Inc (NYSE:V), Microsoft Corporation (NASDAQ:MSFT)
Chinese video sites, including Baidu Inc. (ADR) (NASDAQ:BIDU)’s IQiyi, have been aggressively buying copyrights to licensed content to win advertisers and paying members as China’s 618 million Web users search for entertainment. Baidu Inc (ADR) (NASDAQ:BIDU) stock performance was 1.98% in last session and finished the day at $162.91. Traded volume was 9.47million shares in…