Baidu Inc, (ADR) (NASDAQ:BIDU) China’s largest online search company, is working to develop new products that can replace the search engine to become its most recognized gateway in the mobile Internet era, said Robin Li, the company’s chief executive officer. Baidu Inc (ADR) (NASDAQ:BIDU) stock performance was 5.77% in last session and finished the day…
Officials with Zogenix Inc. (NASDAQ:ZGNX), the San Diego-based maker of Zohydro, did not return a message seeking comment about the drug. The company is marketing the drug as the first extended-release hydrocodone pain reliever without acetaminophen, which can cause liver failure if taken in excess. Zogenix, Inc. (NASDAQ:ZGNX) stock performance was -14.18% in last session…
HIV usually infects blood cells through a protein on their surface, a “docking station” called CCR5. A California company, Sangamo BioSciences Inc. (NASDAQ:SGMO), makes a treatment that can knock out a gene that makes CCR5. Sangamo Biosciences, Inc. (NASDAQ:SGMO) stock performance was 17.08% in last session and finished the day at $22.96. Traded volume was…
Google (NASDAQ GOOG) are set to enter the mobile payment market. They would come in direct competition with Apple. Google (NASDAQ GOOG) are planning to launch their own version of Google Wallet which would be a major competitor to the other mobile payment companies. Some of the other major companies in this segment include the…
Deutsche Bank said Gilead(NASDAQ:GILD)’s Atripla recall is not an issue. The firm said Gilead proactively issued the recall following a typical quality check that found small particles and notes the company has multiple manufacturers for Atripla. Management said it was a minor issue and that Atripla supply is more than enough. Shares are Buy rated…
Copa Holdings S.A. Cl A (NYSE:CPA) trades down 9% Thursday after Citi downgraded the Panama-based cargo and passenger airline to Neutral from Buy. Citi analysts cut their price target on shares of Copa (NYSE:CPA) to $148 from $170. Below are the highlights outlined by the analyst at Citi: Venezuela’s decision to sever diplomatic and commercial…
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