Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) announced, for the first time, data from its Phase 2 trial of Iclusig® ( ponatinib ) in adult patients with refractory metastatic and/or unresectable gastrointestinal stromal tumors (GIST). The initial data show that ponatinib has anti-tumor activity in patients with advanced GIST, particularly in patients with KIT exon 11 mutations, after failure of at least one prior tyrosine kinase inhibitor (TKI). The primary endpoint for the trial, clinical benefit rate (CBR) at 16 weeks for patients with KIT exon 11 mutations, was 50 percent, with a median follow-up of six months. Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) weekly performance is 1.89%. On last trading day company shares ended up $6.46. Analysts mean target price for the company is $9.47. Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) distance from 50-day simple moving average (SMA50) is -10.23%.
Apple Inc. (NASDAQ:AAPL)’s Hard-to-Find Downloads Send Zombie Apps to Grave. There’s a place where mobile applications go to die, and its name is Apptopia Inc. The Boston-based startup hosts an online marketplace where apps that attract few users or fail to make much money — including an animal-hunting game and a program that lets people send drawings to one another — can try and sell themselves to buyers such as other app makers. In the past month, Apptopia has brokered 350 such deals, a six-fold jump from last year, said Chief Executive Officer Eliran Sapir. Apple Inc.(NASDAQ:AAPL) shares fell -0.38% in last trading session and ended the day on $633.00. AAPL Gross Margin is 37.90% and its return on assets is 18.00%. Apple Inc.( NASDAQ:AAPL) quarterly performance is 20.96%.
BlackBerry (NASDAQ:BBRY) was upgraded by investment analysts at Oppenheimer from an “underperform” rating to a “market perform” rating in a note issued to investors on Tuesday, Analyst RN reports. BlackBerry Ltd (NASDAQ:BBRY) shares fell -1.81% in last trading session and ended the day on $7.60. BBRY Gross Margin is 30.68% and its return on assets is -6.35%. BlackBerry Ltd (NASDAQ:BBRY) quarterly performance is -24.00%.
OmniVision Technologies, Inc. (NASDAQ:OVTI) reported fourth quarter adjusted EPS of $0.40 after the close Thursday, compared to $0.31 last year. The consensus estimate was for EPS of $0.27. First quarter adjusted EPS is expected to be between $0.43 and $0.63. Analysts are expecting EPS of $0.29. OmniVision Technologies, Inc. (NASDAQ:OVTI) shares moved up 11.62% in last trading session and was closed at $22.48, while trading in range of $21.81 – $23.08. OmniVision Technologies, Inc. (NASDAQ:OVTI) year to date (YTD) performance is 30.70%.
Marathon Oil Corporation (NYSE:MRO), the American oil exploration and production company, said on Monday that it will sell its Norwegian business to Det norske oljeselskap for $2.1 billion in cash. Marathon, based in Houston, also said that it has called off the sale of its British business after failing to receive what it deemed an acceptable offer. Marathon Oil Corporation (NYSE:MRO) ended the last trading day at $36.66. Company weekly volatility is calculated as 0.95% and price to cash ratio as 12.62. Marathon Oil Corporation (NYSE:MRO) showed a positive weekly performance of 1.33%.
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