Stocks in Focus : Sarepta Therapeutics (NASDAQ:SRPT), Google Inc (NASDAQ:GOOGL), B&G Foods Inc. (NYSE:BGS), Repros Therapeutics Inc. (NASDAQ:RPRX), Tejon Ranch (NYSE:TRC)
Chris Garabedian, President and CEO Sarepta Therapeutics, Inc. (NASDAQ:SRPT), announced that the Phase IIb clinical study on its first product, eteplirsen, will have its results submitted to the FDA by the end of the year, with a launch slated for mid next-year if approved. He was speaking at the Canaccord Genuity 34th Annual Growth Conference at the Intercontinental Hotel in Boston, Massachusetts. Sarepta Therapeutics, Inc. … Continue reading Stocks in Focus : Sarepta Therapeutics (NASDAQ:SRPT), Google Inc (NASDAQ:GOOGL), B&G Foods Inc. (NYSE:BGS), Repros Therapeutics Inc. (NASDAQ:RPRX), Tejon Ranch (NYSE:TRC)
Why Need to Watch : Northwest Biotherapeutics (NASDAQ:NWBO), Akamai Technologies (NASDAQ:AKAM), Marathon Petroleum (NYSE:MPC), Learning Tree (NASDAQ:LTRE), Gramercy Property Trust (NYSE:GPT)
Northwest Biotherapeutics Inc. (NASDAQ:NWBO) (“NW Bio”) on 14 Aug 2014 announced the pricing of $17.5 million aggregate principal amount of its unsecured convertible notes (the “Notes”) in a private placement.The Notes are initially convertible at $7.30 per share a 10% premium above the closing market price of $6.64 per share on August 13 2014.NW Bio plans to use the offering proceeds to fund new manufacturing … Continue reading Why Need to Watch : Northwest Biotherapeutics (NASDAQ:NWBO), Akamai Technologies (NASDAQ:AKAM), Marathon Petroleum (NYSE:MPC), Learning Tree (NASDAQ:LTRE), Gramercy Property Trust (NYSE:GPT)
Don’t Miss : Transocean (NYSE:RIG), Emulex Corporation (NYSE:ELX), Owens-Illinois (NYSE:OI), Cordia Bancorp (NASDAQ:BVA), Atlatsa Resources Corporation (NYSEMKT:ATL)
Transocean LTD (NYSE:RIG) declared a dividend on Tuesday, August 12th, Analyst Ratings.Net reports. Shareholders of record on Friday, August 22nd will be given a dividend of 0.75 per share on Wednesday, September 17th. The ex-dividend date of this dividend is Wednesday, August 20th. Transocean Ltd. (NYSE:RIG) belongs to Basic Materials sector. Its net profit margin is 15.90% and weekly performance is 1.02%. On last trading … Continue reading Don’t Miss : Transocean (NYSE:RIG), Emulex Corporation (NYSE:ELX), Owens-Illinois (NYSE:OI), Cordia Bancorp (NASDAQ:BVA), Atlatsa Resources Corporation (NYSEMKT:ATL)
Bitcoin Update: Bitcoin Price Drops Below $400
In what seems like a development which is the latest blow to bitcoin prices, Bitcoin prices have slumped to its lowest level since May late last week. The decline has since been largely attributed to a worsening short-term news outlook, as well as the industry’s margin traders, though alternative theories have been proposed.
At press time, at least one notable industry analyst, along with a host of exchange users are suggesting that margin trading may have once again played a factor in today’s decline, as a flash crash observed on popular bitcoin trading platform BTC-e caused the price of bitcoin on its exchange to decline sharply to a low of $309.
That price was observed on BTC-e at roughly 07:36 (UTC), and was followed by similar declines across other major bitcoin trading platforms including Bitstamp, Huobi and OKCoin, market analysis shows. Notably, this is not the first time such a large flash crash has been observed on BTC-e. For example, this February, the price on the exchange declined nearly $500 in just over one minute.
News on Bitcoins
Data analysis shows other major exchanges soon responded to declining prices observed on BTC-e, with a sharp drop observed across their order books at roughly 07:37 (UTC). By 07:46, the price of bitcoin on Bitstamp began its decline, landing roughly $20 below its starting point to touch $462.01 and hitting a daily low price of $442 at roughly 08:51.
Major China-based Huobi and OKCoin also recorded less notable drops during this time. For example, Huobi’s price decline began at 07:37, dropping from ¥2880.1 to ¥2788.1 by 07:45. Likewise, OKCoin saw prices on its exchange fall from ¥2880.4 at 07:36 to ¥2785.3 by 07:45.
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Google Plans Services For Children, What Impact for GOOG Stock?
Google Inc (NASDAQ GOOG) has announced that it will expand its target audience to include kids under the age of 13, by offering accounts to children for its products like YouTube and Gmail. The company will allow parents to set up accounts for their children and control the data children can access through a dashboard. This is a bold move by the tech giant in … Continue reading Google Plans Services For Children, What Impact for GOOG Stock?
Biotech News: Top Stocks Review For The Week
The trading session has ended on a higher note as the Dow Jones Industrial Average finished at 16,569.98, up 0.10% and the NASDAQ Composite closed at 4,401.33, up 0.70%. The S&P 500 finished the day 0.28% higher at 1,936.92. During the trading session seven out of ten sectors finished on a positive note. The S&P 500 Health Care Sector Index finished the day at 700.04, … Continue reading Biotech News: Top Stocks Review For The Week