Spherix Inc (NASDAQ:SPEX) on May 27 noted that the United States Senate, and Senate Judiciary Committee Chairman Patrick Leahy (D-Vermont), removed the patent reform bill from the committee’s calendar. Senator Leahy cited the lack of broad bipartisan support for the bill, and also stated that many of the proposals would overly burden “legitimate patent holders who employ thousands of Americans.” Anthony Hayes, Chief Executive Officer of Spherix, stated, “The removal of this bill from the Senate Judiciary Committee schedule should remove some of the uncertainty which has been clouding our industry. Spherix is committed to responsibly protecting the patents it owns, and we remain eager to work with companies large and small to reach fair agreements.” Spherix Inc (NASDAQ:SPEX) weekly performance is 19.87%. On last trading day company shares ended up $1.81. Analysts mean target price for the company is $1.00. Spherix Inc (NASDAQ:SPEX) distance from 50-day simple moving average (SMA50) is -19.15%.
Neonode Inc. (Nasdaq:NEON) announced that it has filed a shelf registration statement on Form S-3 with the Securities and Exchange Commission (“SEC”). When declared effective by the SEC, the registration statement will allow Neonode to issue up to 5 million shares of common stock over the course of 3 years. In addition, Neonode separately has filed a registration statement covering 2.5 million shares and 2.5 million warrant shares for resale by an institutional investor as previously announced in connection with Neonode’s recent private placement. Neonode, Inc (NASDAQ:NEON) shares fell -11.05% in last trading session and ended the day on $3.14. Gross Margin is 56.80% and its return on assets is -124.70%. Neonode, Inc (NASDAQ:NEON) quarterly performance is -56.08%.
Take-Two Interactive Software Inc (NASDAQ:TTWO) has received a consensus rating of “Hold” from the seventeen ratings firms that are currently covering the stock, Analyst RN reports. Eight equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $22.52. Take-Two Interactive Software, Inc. (NASDAQ:TTWO) shares moved down -5.43% in last trading session and was closed at $19.51, while trading in range of $19.35 – $20.63. Take-Two Interactive Software, Inc. (NASDAQ:TTWO) year to date (YTD) performance is 12.32%.
ImmunoCellular Therapeutics, Ltd. (NYSEMKT:IMUC) announced that updated efficacy and safety data from the phase II trial of dendritic cell-based immunotherapeutic vaccine ICT-107 in patients with newly diagnosed glioblastoma multiforme (GBM) were presented at the 2014 American Society for Clinical Oncology (ASCO) annual meeting in Chicago. ImmunoCellular Therapeutics Ltd (NYSEMKT:IMUC) ended the last trading day at $1.15 . Company weekly volatility is calculated as 12.25% and price to cash ratio as 2.66. ImmunoCellular Therapeutics Ltd (NYSEMKT:IMUC) showed a negative weekly performance of -12.21%.
Global large-cap energy equipment maker, National Oilwell Varco Inc. (NYSE:NOV) announced that the spin-off of its distribution business, NOW Inc., has finally reached completion. The new entity will debut in the NYSE under the symbol DNOW. National Oilwell also stated that Merrill A. Miller, Jr. will act as the new executive chairman of NOW. National-Oilwell Varco, Inc. (NYSE:NOV) net profit margin is 10.30% and weekly performance is -9.96%. On last trading day company shares ended up $74.19. Analysts mean target price for the company is $89.46. National-Oilwell Varco, Inc. (NYSE:NOV) distance from 50-day simple moving average (SMA50) is -6.85%.
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