One of the unsettled questions from the financial crisis is whether the big banks have paid enough to cover the mortgage abuses they committed before the market collapsed. A settlement announced Wednesday that involves Bank of America Corp (NYSE:BAC) indicates that, in some cases, the banks could have been made to pay more than they…
TearLab Corporation (NASDAQ:TEAR) expects to announce its Q1 2014 financial results after market closes on Thursday May 8, 2014. TearLab Corporation (NASDAQ:TEAR) is pleased to invite all willing participants in a conference call during which time financial results will be discussed. TearLab Corp (NASDAQ:TEAR) stock performance was -7.61% in last session and finished the day…
Zalicus Inc (NASDAQ:ZLCS) will merge with Epirus Biopharmaceuticals in an all-stock transaction. Zalicus will be known as Epirus and will operate under the latter company’s management team led by Amit Munshi as president and CEO. Current Zalicus Inc (NASDAQ:ZLCS) stockholders will own approximately 19% of the company. The merger will create a publicly-traded company listed…
Shares of ImmunoGen Inc. (NASDAQ:IMGN), a biopharmaceutical company focused on developing therapies to fight cancer, advanced as much as 15% after research firm Canaccord Genuity initiated coverage on the company. ImmunoGen, Inc. (NASDAQ:IMGN) stock performance was 11.02% in last session and finished the day at $14.21. Traded volume was 2.85million shares in the last session…
Better-ranked oil and gas operators include Zacks Ranked #2 (Buy) Abraxas Petroleum Corp. (NASDAQ:AXAS). Abraxas Petroleum Corp. (NASDAQ:AXAS) stock performance was 4.20% in last session and finished the day at $4.96. Traded volume was 2.51million shares in the last session and the average volume of the stock remained 1.37million shares. The beta of the stock…
On Apr 11, 2014, Zacks issued an updated research report on Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR). Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) – the largest publicly-traded Latin American oil company − produces and refines almost the entire crude oil and natural gas of Brazil. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) stock performance was 1.20%…
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