Merrimack Pharmaceuticals, Inc. (NASDAQ:MACK) announced that the combination of MM-398 with 5-fluorouracil (5-FU) and leucovorin achieved an overall survival of 6.1 months, a 1.9 month improvement over the 4.2 month survival demonstrated by the control arm of 5-FU and leucovorin alone. The NAPOLI-1 Phase 3 study was conducted in patients with metastatic pancreatic cancer who previously received gemcitabine-based therapy. The primary log-rank analysis of overall survival was statistically significant (p=0.012) with a corresponding hazard ratio of 0.67. A statistically significant advantage for progression free survival was also observed in the combination arm. Merrimack Pharmaceuticals Inc (NASDAQ:MACK) shares after opening at $7.45 moved to $7.65 on last trade day and at the end of the day closed at $6.99 . Company price to sales ratio in past twelve months was calculated as 15.10 and price to cash ratio as 4.65. Merrimack Pharmaceuticals Inc (NASDAQ:MACK) showed a positive weekly performance of 44.72%.
Glu Mobile Inc. (NASDAQ:GLUU) a leading global developer and publisher of free-to-play games for smartphone and tablet devices, announced that its Chief Financial Officer, Eric R. Ludwig, is scheduled to present at the Jefferies 2014 Technology, Media & Telecom Conference in Miami, Fla. on Wednesday, May 7, 2014 at 9:00 a.m. Eastern time (6:00 a.m. Pacific time). Glu Mobile Inc. (NASDAQ:GLUU) shares advanced 7.25% in last trading session and ended the day on $4.29. GLUU return on equity ratio is recorded as -45.50% and its return on assets is -26.10%. Glu Mobile Inc. (NASDAQ:GLUU) yearly performance is 42.52%.
Catamaran Corp (USA) (NASDAQ:CTRX) a leading provider of technology and pharmacy benefit management (PBM) services, announces that Mike Shapiro, Chief Financial Officer, will present at the Deutsche Bank 39th Annual Health Care Conference in Boston, Mass. Catamaran’s presentation will take place on Thursday, May 8, 2014, at 2:10 p.m. ET. Catamaran Corp (USA) (NASDAQ:CTRX) shares moved up 12.58% in last trading session and was closed at $42.50 while trading in range of $41.50 – $43.85 – Catamaran Corp (USA) (NASDAQ:CTRX) year to date (YTD) performance is -10.45%.
DISH Network Corp (NASDAQ:DISH) announced that it has appointed Steven Swain to lead its Programming Group. Mr. Swain, formerly a vice president of DISH’s Corporate Finance Group, is being promoted to senior vice president. DISH Network Corp (NASDAQ:DISH) weekly performance is 0.84%. On last trading day company shares ended up $60.21. DISH Network Corp (NASDAQ:DISH) distance from 50-day simple moving average (SMA50) is 0.51%. Analysts mean target price for the company is $58.57.