In Focus Stocks: Rambus (NASDAQ:RMBS), Stein Mart (NASDAQ:SMRT), Cliffs Natural Resources (NYSE:CLF), Argos Therapeutics (NASDAQ:ARGS)

Posted by on Mar 09, 2016

Galena Biopharma Inc (NASDAQ:GALE) caters to the Healthcare space. Its weekly performance is 18.30%. On the last day of trading company shares ended up at $0.97. Galena Biopharma Inc (NASDAQ:GALE) distance from 50-day simple moving average (SMA50) is -9.83%.

Galena Biopharma Inc (NASDAQ:GALE) announced that Mark W. Schwartz, Ph.D., President and Chief Executive Officer will present a corporate update at the 28th Annual ROTH Conference. The presentation will take place on Monday, March 14, 2016 at 8:00 a.m. PT at the Ritz Carlton Hotel in Laguna Nigel, CA.

Rambus Inc. (NASDAQ:RMBS) ended the last trading day at $12.99. Company weekly volatility is calculated as 2.10% and price to cash ratio as 4.94. Rambus Inc. (NASDAQ:RMBS) showed a weekly performance of -1.74%.

On 29 February, Rambus Inc. (NASDAQ:RMBS) announced that its Cryptography Research division has signed an agreement with long-term ecosystem partner, The Athena Group, Inc., (Athena), to its patents covering DPA Countermeasures for use in Athena cryptographic security IP cores for field-programmable gate arrays (FPGAs) and defense application specific integrated circuits (ASICs). Athena is a leading provider of security, cryptography, and anti-tamper IP cores with DPA countermeasure that address the insidious security threat of side-channel attacks.

On 08 March, Stein Mart Inc. (NASDAQ:SMRT) shares increased 0.62% and was closed at $8.17. SMRT EPS growth in last 5 year was 2.20%. Stein Mart Inc. (NASDAQ:SMRT) year to date (YTD) performance is 21.40%.

Stein Mart Inc. (NASDAQ:SMRT) will announce its earnings results before the market opens on Thursday, March 10th. Analysts expect the company to announce earnings of $0.21 per share for the quarter.

Cliffs Natural Resources Inc. (NYSE:CLF) shares decreased -20.70% in last trading session and ended the day at $2.72. CLF Gross Margin is 11.70% and its has a return on assets of -32.40%. Cliffs Natural Resources Inc. (NYSE:CLF) quarterly performance is 19.30%.

Cliffs Natural Resources Inc. (NYSE:CLF) declared the expiration and final outcome of its private offers (“Exchange Offers”) to some eligible shareholders for exchanging its newly issued 8.00% 1.5 Lien Senior Secured Notes due 2020 (the “New 1.5 Lien Notes”) for certain outstanding notes of the company.

Argos Therapeutics, Inc. (NASDAQ:ARGS) caters to the Healthcare space. Its weekly performance is 1.02%. On the last day of trading company shares ended up at $4.96. Argos Therapeutics, Inc. (NASDAQ:ARGS) distance from 50-day simple moving average (SMA50) is 8.87%.

Argos Therapeutics, Inc. (NASDAQ:ARGS) announced that it has entered into a securities purchase agreement for the sale of up to $60 million of Argos common stock and warrants in a private placement financing. Argos expects that this financing will fund operations into the second quarter of 2017, when the Company expects to have final data from its pivotal phase 3 ADAPT trial of AGS-003 (the “ADAPT Study”).

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