Tech stocks have been facing increased scrutiny in recent times, with investors punishing momentum stocks like Facebook Inc (NASDAQ:FB), Tesla Motors Inc. (TSLA), and Netflix, Inc. (NFLX) due to their high valuations. The debate has been centered on, as these things usually are, about whether or not a bubble is forming in the tech space….
ImmuCell Corporation (NASDAQ:ICCC), a growing animal health company that is developing, manufacturing and selling products that improve animal health and productivity in the dairy and beef industries, today announced financial results for its first quarter ended March 31, 2014. For the first quarter ended March 31, 2014, ImmuCell Corporation (NASDAQ:ICCC) reported a product sales increase…
Nielsen Hldg NV (NYSE:NLSN), On May 12, 2014 announced that it will attend the Bank of America Merrill Lynch Services One-on-One Conference 2014 in New York City on Wednesday, May 21, 2014 and the Sanford Bernstein Annual Strategic Decisions Conference in New York City on Wednesday, May 28, 2014. Mitch Barns, Nielsen’s CEO, will take…
One solution, developed by PTC Therapeutics Inc. (NASDAQ:PTCT), a US biotechnology company, is to intervene in the transcription process in which the DNA is converted first to messenger RNA and then into protein. PTC Therapeutics Inc. (NASDAQ:PTCT)’s experimental drug ataluren is designed to override the false stop signal by interacting with the ribosome – the…
Rackspace Hosting, Inc. (NYSE:RAX increased 7.12% after the news that the company as hired Morgan Stanley to evaluate a sale or other strategic options, after being approached by potential suitors. “In recent months, Rackspace has been approached by multiple parties who have expressed interest in a strategic relationship with Rackspace, ranging from partnership to acquisition,”…
Top hedge funds shed their stakes in high-profile Internet names such as Netflix Inc and Groupon Inc (NASDAQ:GRPN) in the first quarter, moving to peers viewed as more mature and less volatile. High-growth Internet software and biotech companies were the darlings of 2013, but their shares started to fall sharply in early March. Groupon Inc…
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