On May 14, 2014, 8×8, Inc. (NASDAQ:EGHT), a provider of cloud contact center, unified communications and collaboration solutions, announced that the 8×8 Virtual Office SuiteApp and the Virtual Contact Center SuiteApp have achieved ‘Built for NetSuite’ verification. 8×8, Inc. (NASDAQ:EGHT), net profit margin is 5.00% and weekly performance is -6.72%. On last trading day company shares ended up $7.91. Analysts mean target price for the company is $12.33. 8×8, Inc. (NASDAQ:EGHT), distance from 50-day simple moving average (SMA50) is -23.56%.
On May 07, 2014, Cowen Group Inc (NASDAQ:COWN), announced its operating results for the first quarter ended March 31, 2014. For the first quarter 2014, the Company reported GAAP net income of $9.8 million, or $0.09 per share, as compared to a GAAP net loss of $2.6 million, or $(0.02) per share, in the first quarter of 2013. The year-over-year improvement was primarily due to increased revenues across most of Cowen’s business lines. Cowen Group Inc (NASDAQ:COWN), fell 5.67% in last trading session and ended the day on $8.83. COWN, Gross Margin is 91.70% and its return on assets is 0.30%. Cowen Group Inc (NASDAQ:COWN), quarterly performance is -2.79%.
On May 13, 2014, Liquid Holdings Group Inc (NASDAQ:LIQD), reported results for the first quarter ended March 31, 2014. Software services revenue increased during the first quarter of 2014 to $1.3 million, or 41%, from $0.9 million in the fourth quarter of 2013. GAAP net loss for the first quarter of 2014 increased to $8.2 million, or $0.33 per basic and diluted share, compared to a net loss of $7.6 million, or $0.31 per basic and diluted share, in the fourth quarter of 2013. The net loss for the first quarter was due primarily to compensation expense of $3.6 million, depreciation and amortization of $1.8 million, computer related and software development of $1.0 million and professional fees of $1.0 million. Liquid Holdings Group Inc (NASDAQ:LIQD), shares moved down 46.09% in last trading session and was closed at $1.24, while trading in range of $1.20 – 1.34. Liquid Holdings Group Inc (NASDAQ:LIQD), year to date (YTD) performance is -82.13%.
Silver Standard Resources Inc. (USA) (NASDAQ:SSRI), announces that the nominees listed in the management proxy circular for the 2014 Annual and Special Meeting of Shareholders were elected as directors of Silver Standard at the Annual Meeting held in Vancouver on Friday, May 9, 2014. Silver Standard Resources Inc. (USA) (NASDAQ:SSRI), ended the last trading day at $7.75. Company weekly volatility is calculated as 6.80% and price to cash ratio as 1.16. Silver Standard Resources Inc. (USA) (NASDAQ:SSRI), showed a negative weekly performance of -17.47%.
On May 14, 2014, Incyte Corporation (NASDAQ:INCY), and MedImmune, the global biologics research and development arm of AstraZeneca, announced that they have entered into a clinical study collaboration. The Phase I/II oncology study will evaluate the efficacy and safety of MedImmune’s investigational anti-PD-L1 immune checkpoint inhibitor, MEDI4736, in combination with Incyte’s oral indoleamine dioxygenase-1 (IDO1) inhibitor, INCB24360. Incyte Corporation (NASDAQ:INCY), net profit margin is -31.30% and weekly performance is 1.13%. On last trading day company shares ended up $71.50. Analysts mean target price for the company is $34.27. Incyte Corporation (NASDAQ:INCY), distance from 50-day simple moving average (SMA50) is -5.08%.
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