Notable Movers: Murphy Oil Corporation (NYSE:MUR), Teva Pharmaceutical Industries (ADR) (NYSE:TEVA), AstraZeneca plc (ADR) (NYSE:AZN), CBS Corporation (NYSE:CBS), Tranzbyte Corp (OTCMKTS:ERBB)

Murphy Oil Corporation (NYSE:MUR) is drilling two oil exploration wells in Semai II Block, Fak-Fak offshore, West Papua, at a cost of US$30 to 50 million, according to officials. Murphy Oil Corporation (NYSE:MUR) net profit margin is 13.20% and weekly performance is 3.36%. On last trading day company shares ended up $65.28. Analysts mean target price for the company is $68.42. Murphy Oil Corporation (NYSE:MUR) distance from 50-day simple moving average (SMA50) is 5.68%.

Teva Pharmaceutical Industries Ltd. (NYSE:TEVA) announced that the U.S. Court of Appeals for the Federal Circuit upheld a ruling by the U.S. District Court for the District of Delaware finding Bristol-Myers Squibb’s entecavir compound claim of U.S. Patent No. 5,206,244 invalid. Teva’s ANDA for entecavir has received tentative approval from the U.S. Food and Drug Administration (FDA). Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) shares advanced 0.31% in last trading session and ended the day on $51.98. TEVA gross Margin is 53.00% and its return on assets is 2.90%.Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) quarterly performance is 7.09%.

AstraZeneca plc (ADR) (NYSE:AZN) on 13 June has announced a global license agreement with Synairgen Plc, an AIM-listed UK company specializing in respiratory diseases, for SNG001, a novel, inhaled interferon beta (IFN-beta) in clinical development for treating respiratory tract viral infections in patients with severe asthma. SNG001 supports the immune system by correcting a deficiency which makes patients vulnerable to respiratory tract viral infections. AstraZeneca plc (ADR) (NYSE:AZN) shares moved up 0.27% in last trading session and was closed at $74.24, while trading in range of $73.87 – $74.39. AstraZeneca plc (ADR) (NYSE:AZN) year to date (YTD) performance is 28.64%.

CBS Corporation (NYSE:CBS) inched closer to its plans of converting its subsidiary CBS Outdoor Americas Inc. (CBSO) into a Real Estate Investment Trust (REIT). The company announced that it will divest its entire 81% stake in CBS Outdoors through an exchange offer. CBS Corporation (NYSE:CBS) ended the last trading day at $60.45. Company weekly volatility is calculated as 1.62% and price to cash ratio as 110.48.CBS Corporation (NYSE:CBS) showed a negative weekly performance of -0.07%.

Tranzbyte Corporation (OTCMKTS:ERBB) is excited to announce on 23 may that it has selected SmarterSign to deliver ads to the top screen of its ZaZZZ units. The platform offers a scalable solution combined with ease of use that works perfectly with American Green’s integrated advertising plan allowing the store, local, and national advertisers to control messaging in real-time from anywhere in the world. On last trading day company shares ended up $0.0265.

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