Jun 01 2014 @ 04:24
Company also to resume production at Monaca facility EveryWare Global, Inc. (Nasdaq:EVRY), announced today that it entered into a Forbearance Agreement with the administrative agent and certain other lenders under the Company’s Term Loan Agreement. In addition, EveryWare entered into an amendment to the Company’s asset back loan (“ABL”) agreement with the lenders under...
Jun 01 2014 @ 04:19
Cyclacel Pharmaceuticals, Inc. (Nasdaq:CYCC) (Nasdaq:CYCCP), a biopharmaceutical company developing oral therapies that target the various phases of cell cycle control for the treatment of cancer and other serious disorders, announced plans for the clinical development of sapacitabine in a second potential indication for patients with myelodysplastic syndromes (MDS) after treatment failure of...
May 30 2014 @ 17:30
Don’t say we didn’t tell you this could happen. It may not have been a Freaky Friday on Wall Street, but it sure was fun. Both the S&P 500 and the Dow Jones Industrial Average (
DOWI:DJI) set new record highs and Sirius XM (
NASDAQ:SIRI) led all stocks as the most active by a long-shot. Let’s […]
May 30 2014 @ 04:19
Karyopharm Therapeutics Inc. (Nasdaq:KPTI), a clinical-stage pharmaceutical company, today announced multiple presentations of clinical data from an ongoing Phase 1 trial of its lead drug candidate, Selinexor (KPT-330), in patients with hematologic malignancies at the 2014 American Society of Clinical Oncology (ASCO) Annual Meeting in Chicago, IL. The data indicate that first-in-class oral...
May 30 2014 @ 03:00
As I sit down to begin this article, Friday is only and hour and a quarter away in London. A few short hours later, it will be business as usual, then off for the weekend. I would suggest that the occasional glance be given to Wall Street during the day, and after the LSE closes. […]
May 28 2014 @ 16:29
After writing yesterday about the S&P 500 reaching new heights, I was prepared to follow up today with a similar story. However, as I usually caution, what goes up must come down. Except that with the indexes it’s more like a kid blowing up a balloon. They get excited as it gets bigger and bigger, […]
May 27 2014 @ 19:06
The fireworks did not end Monday evening as the US Memorial Day weekend came to a close. They continued this morning on the New York Stock Exchange as the S&P 500 set a new intra-day record of 1,912.28 before closing at 1,911.91, up 11.38 and 0.6% from Friday’s close at 1,900.53. The previous high of […]
May 27 2014 @ 16:00
The U.S. Department of the Treasury has priced a secondary public offering of the remaining 1,085,554 shares of common stock of CommunityOne Bancorp (the Company) it holds at $9.35 per share. The aggregate net proceeds to Treasury from the offering are expected to be $10.1 million. After this offering, Treasury will no longer hold any […]
May 26 2014 @ 17:51
Phizer (
NYSE:PFE) has officially withdrawn it’s £69 billion offer to acquire British pharmaceutical giant, AstaZeneca (
LSE:AZN). According to a statement from Pfizer on 26 May, the deal has been withdrawn and, therefore, will not happen at any time in the near future, if ever. The text of Pfizer’s announcement read: On 18 May 2014, Pfizer announced […]
May 22 2014 @ 11:32
The latest offer from Pfizer (
NYSE:PFE) for AstraZeneca (
LSE:AZN) (
NYSE:AZN) has turned into a Phizaster. No matter how loudly one shouts “No,” it usually causes other voices to cry out in protest. Whilst the original “No” was directed at Pfizer, now the AZN board is saying “No” to its own shareholders. That’s probably not a […]