Author: Fran Carter

  • Stock Activity Watchlist: Charles River Laboratories International (NYSE:CRL), ALLETE (NYSE:ALE), Marvell Technology Group (NASDAQ:MRVL), Bio-Path Holdings (NASDAQ:BPTH)

    Demand Media, Inc. (NYSE:DMD) shares advanced 0.39% in last trading session and ended the day at $5.15. DMD Gross Margin is 43.60% and its has a return on assets of -37.10%. Demand Media, Inc. (NYSE:DMD) quarterly performance is -2.09%.

    Charles River Laboratories International, Inc. (NYSE:CRL) ended the last trading day at $79.22. Company weekly volatility is calculated as 2.97%. Charles River Laboratories International, Inc. (NYSE:CRL) showed a weekly performance of 4.07%.

    Charles River Laboratories International, Inc. (NYSE:CRL) announced that it has completed the previously announced acquisition of WIL Research for approximately $585 million in cash, subject to certain customary adjustments.

    On 05 April, ALLETE, Inc. (NYSE:ALE) shares moved down -3.49% and was closed at $53.93. ALE EPS growth in last 5 year was 5.80%. ALLETE, Inc. (NYSE:ALE) year to date (YTD) performance is 7.14%.

    ALLETE Inc (NYSE:ALE) was downgraded by analysts at Williams Capital from a “buy” rating to a “hold” rating in a report issued on Tuesday. They currently have a $60.00 target price on the stock. Williams Capital’s price target suggests a potential upside of 7.39% from the stock’s current price.

    Marvell Technology Group Ltd. (NASDAQ:MRVL) shares advanced 13.10% in last trading session and ended the day at $10.88. Marvell Technology Group Ltd. (NASDAQ:MRVL) quarterly performance is 24.36%.

    Marvell Technology Group Ltd. (NASDAQ: MRVL) announced the departure of Chief Executive Officer Sehat Sutardja and President Weili Dai from their management positions, effective immediately. Dr. Sutardja and Ms. Dai will remain on the Board of Directors, with Dr. Sutardja continuing as Chairman. The Board, in conjunction with a leading executive search firm, will conduct a search for a new CEO and President.

    Bio-Path Holdings, Inc. (NASDAQ:BPTH) caters to the Healthcare space. Its weekly performance is 16.03%. On the last day of trading company shares ended up at $2.75. Bio-Path Holdings, Inc. (NASDAQ:BPTH) distance from 50-day simple moving average (SMA50) is 1.94%.

    On 23 March, Bio-Path Holdings, Inc., (NASDAQ:BPTH) announced that it has entered a sponsored research agreement with The University of Texas Southwestern Medical Center (UT Southwestern) to evaluate Bio-Path’s clinical pipeline for its efficacy in down-regulating the immune response using systemic lupus erythematosus (SLE) as a model. SLE is a chronic autoimmune disorder that presents an array of symptoms, including skin lesions, heart inflammation, joint pain, kidney failure and neuropsychiatric disorders. Included in the evaluation will be BP1001 (Liposomal Grb2 antisense), Bio-Path’s lead product candidate, which is currently in a Phase II study for blood cancers.