Biotech Losers: PTC Therapeutics (NASDAQ:PTCT), Prosensa Holding (NASDAQ:RNA), Concert Pharmaceuticals Inc (NASDAQ:CNCE), Tetralogic Pharmaceuticals Corp (NASDAQ:TLOG), Agios Pharmaceuticals Inc (NASDAQ:AGIO)

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…

Read More
FB Nasdaq FB Facebook

Information Technology Services: Rackspace Hosting, Inc. (NYSE:RAX), Acxiom Corporation (NASDAQ:ACXM), Ubic Inc (ADR) (NASDAQ:UBIC), Xerox Corp (NYSE:XRX)

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,”…

Read More
YHOO Nasdaq:YHOO Yahoo Inc

Trader’s Alert: Groupon Inc (NASDAQ:GRPN), Yahoo! Inc. (NASDAQ:YHOO), Vodafone Group (NASDAQ:VOD), Microsoft Corporation (NASDAQ:MSFT), Micron Technology (NASDAQ:MU)

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…

Read More

Healthcare ACtive Stocks: Rexahn Pharmaceuticals (NYSEMKT:RNN), Eli Lilly (NYSE:LLY), Ariad Pharmaceuticals (NASDAQ:ARIA), MannKind Corporation (NASDAQ:MNKD), Gentiva Health Services (NASDAQ:GTIV)

Rexahn Pharmaceuticals, Inc. (NYSEMKT:RNN) said, “We continue to enroll patients in each of our three clinical trials as expected, and as planned for. By the end of 2014, we expect to achieve key milestones in each trial. In Q4 we expect to have data from our Phase I trial of Supinoxin in cancer patients with…

Read More

Most Volatile NYSE Stocks: Idera Pharmaceuticals Inc (NASDAQ:IDRA), Elizabeth Arden, Inc. (NASDAQ:RDEN), Arotech Corporation (NASDAQ:ARTX), Canadian Solar Inc. (NASDAQ:CSIQ)

Idera Pharmaceuticals Inc (NASDAQ:IDRA)’s shares decreased 6.03% to $2.65. The company on May 13 reported its financial and operational results for the quarter ended March 31, 2014. Net loss applicable to common stockholders for the three months ended March 31, 2014 was $9.1 million, or $0.12 per diluted share, compared to a net loss applicable…

Read More
FB Nasdaq FB Facebook

Hot Watch List: Oi SA (ADR) (NYSE:OIBR), Comverse Inc (NASDAQ:CNSI), Novatel Wireless Inc (NASDAQ:NVTL), MER Telemanagement Solutions Ltd. (NASDAQ:MTSL)

Oi SA (ADR) (NYSE:OIBR) is approaching towards the completion of its merger with Portugal Telecom, SGPS (ADR) (NYSE:PT). At this point, the disappointing news is that the company has reported a drop in its revenue. It is the second consecutive quarter where the Oi SA has reported declines in its revenue. Oi SA (ADR) (NYSE:OIBR)…

Read More

Tech News

Tech Analysis & Market News

Skip to content ↓