Shares of ParkerVision, Inc. (NASDAQ:PRKR) tumbled Monday after a judge ruled against the company in a patent infringement lawsuit. ParkerVision sells equipment for mobile communications networks. It filed a patent-infringement lawsuit against Qualcomm in July 2011. A jury awarded ParkerVision $173 million in October, but the company said Monday that a judge ruled in Qualcomm’s favor. ParkerVision, Inc. (NASDAQ:PRKR) weekly performance is -63.29%. On last trading day company shares ended up $1.85. Analysts mean target price for the company is $12.85. ParkerVision, Inc. (NASDAQ:PRKR) distance from 50-day simple moving average (SMA50) is -61.35%.
Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN) was up in the stock market after an analyst found more support for its prospects as a buyout candidate. R. W. Baird’s Brian Skorney noted that Merck’s (NYSE:MRK) official tender offer statement Friday indicated that there was another bidder for Idenix Pharmaceuticals (NASDAQ:IDIX), which accepted Merck’s $3.85 billion bid last week. In Skorney’s view, this means that somebody’s still on the prowl for a nucleoside hepatitis C drug, which Achillion has. Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN) shares fell -4.43% in last trading session and ended the day on $7.77. ACHN its return on assets is -37.40%. Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN) quarterly performance is 115.24%.
Nanosphere, Inc. (NASDAQ:NSPH) announced that it has been selected by HealthTrust as a provider of multi-target molecular diagnostic tests for the nearly 1,400 acute care facilities that are part of the HealthTrust membership. Nanosphere, Inc. (NASDAQ:NSPH) shares moved up 14.60% in last trading session and was closed at $1.57, while trading in range of $1.52 – $1.78. Nanosphere, Inc. (NASDAQ:NSPH) year to date (YTD) performance is -31.44%.
On Jun 10, 2014, A Walter Energy, Inc. (NYSE: WLT) mine rescue team placed first in the Alabama Coal Association Mine Rescue Competition held at Bevill State Community College on May 20-22, 2014. The Jim Walter Resources Blue Creek Team from Brookwood, Alabama placed first in Combination Mine Rescue & First-Aid competition and was the top team on Mine Rescue Day 1. In addition, team captain, Ricky Lewis, accepted the prestigious Koenig In-State Trophy for best performance by an in-state team on behalf of the Blue Creek Team. Walter Energy, Inc. (NYSE:WLT) ended the last trading day at $5.77. Company weekly volatility is calculated as 6.67%and price to cash ratio as 0.94. Walter Energy, Inc. (NYSE:WLT) showed a positive weekly performance of 15.63%.
StemCells Inc (NASDAQ:STEM) announced tthat President and CEO Martin McGlynn will be a panelist at the 2014 BIO International Convention on June 25, 2014 at 4:15 pm PDT. Mr. McGlynn will participate in the panel discussion, “How International Collaboration is Accelerating the Field.” This panel will showcase examples of international collaboration that are producing results or initiating new approaches to cross-border research. Under Mr. McGlynn’s leadership, StemCells, Inc. launched a multi-national Phase I/II trial in spinal cord injury. The pre-clinical activities were performed in the United States and followed by the initiation of the clinical trial in Switzerland, which was subsequently expanded to both Canada and the United States. The success of these programs is a great example of how international collaboration can produce results that positively impact the lives of patients across the globe. The 2014 BIO International Convention will take place June 23-26 at the San Diego Convention Center in San Diego, CA. StemCells Inc (NASDAQ:STEM) shares moved down -8.41% in last trading session and was closed at $1.96, while trading in range of $1.95 – $2.17. StemCells Inc (NASDAQ:STEM) year to date (YTD) performance is 59.35%.