Tag: ASTM

  • Momentum Stocks: NQ Mobile Inc. (ADR) (NYSE:NQ), Aastrom Biosciences Inc. (NASDAQ:ASTM), Stryker Corporation (NYSE:SYK), Big Lots (NYSE:BIG), MannKind Corporation (NASDAQ:MNKD)

    NQ Mobile Inc. (ADR) (NYSE:NQ) on May 28 announced that gaming subsidiary FL Mobile™ has entered into an agreement with Japanese game operator Mobcast and developer Gumi Inc. to bring their jointly developed mobile game, “Chain 11,” to China. The game’s release in China, timed to coincide with the 2014 FIFA World Cup Brazil, is just the first step in the globalization of “Chain 11.” With expansion planned around the world, Mobcast and Gumi have enlisted FL Mobile to localize the game to best fit regional preferences and game play styles. NQ Mobile Inc. (ADR) (NYSE:NQ) stock opened today at $7.57 and is currently trading at $8.13. The stock showed a negative weekly performance of -10.89%.

    Aastrom Biosciences Inc. (NASDAQ:ASTM) will immediately being generating revenues to the tune of $44 million per year, with strong potential to drive operating profits over the near-term. Based on back-of-the-envelope calculations, Aastrom could see $5-10 million in operating profits from CTRM in 2015. Aastrom Biosciences Inc. (NASDAQ:ASTM) stock opened at $4.66, in current trading session and currently is at $4.94, by gaining 5.33%. The 52 week range of $3.14 – $17.79. Company’s market capitalization is 32.10 million.

    In its action to put an end to the speculations, Stryker Corporation (NYSE:SYK) promptly released a statement denying its plans to acquire a London based Smith & Nephew, an orthopaedics company. Stryker Corporation (NYSE:SYK) stock is currently trading at $85.21. The EPS of the stock is 2.02. Company’s market capitalization is 32.21 billion.

    Big Lots Inc. (NYSE:BIG) reported first quarter adjusted EPS of $0.61 Friday morning, which topped the consensus estimate of $0.44. The company expects to report second quarter EPS of $0.24 to $0.30 and between $2.35 and $2.50 for the full year. Analysts are expecting EPS of $0.28 and $2.38.Big Lots, Inc. (NYSE:BIG) stock opened the session at $42.50, and now is at $42.30. The 52 week range of the Big Lots, Inc. (NYSE:BIG) stock remained $25.50 – $43.20 and the day range was $41.40 – $43.20.

    MannKind Corporation (NASDAQ:MNKD) will present at upcoming conferences. Jefferies 2014 Global Healthcare Conference on June 2, 2014 at 2:30 pm (ET) in New York, New York; Goldman Sachs 35th Annual Global Healthcare Conference on June 12, 2014 at 11:20 am (PT) at the Terranea Resortin Rancho Palos Verdes, California. MannKind Corporation (NASDAQ:MNKD) stock opened today at $8.70 and is currently trading at $8.94. The stock showed a positive weekly performance of 9.48%.