Life Partners Holdings, Inc. (Nasdaq:LPHI) that an Austin Federal court has ruled that the Securities and Exchange Commission failed to prove any of its fraud claims against Life Partners and its CEO, Brian Pardo, and General Counsel, Scott Peden. The ruling followed a jury finding in February that neither Life Partners, Mr. Pardo nor Mr. Peden committed securities fraud under Rule 10b-5 and that Mr. Pardo and Mr. Peden did not engage in insider trading. Life Partners Holdings, Inc. (NASDAQ:LPHI) stock opened at $2.29 in last session, and closed at $2.96, while the day range of LPHI stock is $2.29-$3.30.The stock showed a positive weekly performance of 28.14%.
The Chief Executive Officer of Harris & Harris Group, Inc. (NASDAQ:TINY), Douglas Jamison said that the Time Magazine’s cover story for Feb 17, 2014 regarding the D-Wave and quantum computing, brings forth another important confirmation for D-Wave’s quantum processor. He further said that many of the investments which do not have scope for diverse opinions generally have little opportunity. In this regards, he said this is more important to them as the company is concerned with commercializing the world’s first quantum computer. Many more researches are ongoing, whose results are still awaited. But, according to the CEO of the investor in transformative companies supported by disruptive science, this new report and the progress of D-Wave seems promising for the company. It has brought forth hopes that the company has the potential to change the nature of computing. He also believes that public market investors can seek only Harris & Harris Group, Inc. (NASDAQ:TINY), to offer them the access to the new technology. Harris & Harris Group, Inc. (NASDAQ:TINY) stock opened at $3.52, in last session and closed at $3.76, by gained 8.05%. The 52 week range was $2.83-$3.94. Company’s market capitalization is $117.16 million.
Porter Bancorp, Inc. (NASDAQ:PBIB), parent company of PBI Bank, announced that PBI Bank, Inc. was recently named as one of the Best Places to Work in Kentucky for 2014 in the medium-sized companies category. The awards program was created in 2005 and is a project of the Kentucky Chamber of Commerce, the Kentucky Society for Human Resource Management (KYSHRM) and Best Companies Group. Porter Bancorp, Inc. (NASDAQ:PBIB) stock gained 15.89% and finished the last session at $1.24. The EPS of the stock remained -0.81.Company’s market capitalization is $15.93 million.
American Spectrum Realty (NYSE MKT: AQQ) Announced a recent court filing in the Southern District of Texas as negotiations regarding three loans pertaining to four Houston commercial properties broke down with a private equity firm, which acquired the loans from the original lender. Spectrum Realty, Inc. (NYSEMKT:AQQ) stock opened the session at $1.43, and closed the session at $1.65.The 52 week range of the AQQ stock remained $1.10-$3.53 and the day range was $1.43-$1.75.
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