On My 28, NewLead Holdings Ltd (NASDAQ:NEWL) continues to improve its fleet as per the restructuring plan and expects to add three new handy size and fuel efficient vessels by August 2014 as per the agreement signed in September 2013 and March 2014. Accordingly, the Company added one of the Newlead Albion vessels into its fleet. NewLead Holdings Ltd (NASDAQ:NEWL) weekly performance is -60.68%. On last trading day company shares ended up $1.38. Analysts mean target price for the company is $1.00. NewLead Holdings Ltd (NASDAQ:NEWL) distance from 50-day simple moving average (SMA50) is -95.24%.
DARA BioSciences, Inc. (NASDAQ:DARA) an oncology supportive care specialty pharmaceutical company dedicated to providing health care professionals a synergistic portfolio of medicines to help cancer patients adhere to their therapy and manage side effects arising from cancer treatments, announced the pricing of a public offering and the entry into definitive agreements with investors which included certain officers and directors of the Company for the sale of securities with gross proceeds to the Company of approximately $12.5 million. DARA Biosciences Inc (NASDAQ:DARA) shares fell -25.62% in last trading session and ended the day on $1.19. Gross Margin is 50.00% and its return on assets is -107.20%. DARA Biosciences Inc (NASDAQ:DARA) quarterly performance is -59.25%.
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) shares moved down -6.76% in last trading session and was closed at $1.93 , while trading in range of $1.89 – $2.17. Spherix Inc (NASDAQ:SPEX) year to date (YTD) performance is -76.05%.
On May 6, 2014 SmartPros Ltd. (NASDAQ:SPRO) a leader in the field of accredited professional education and corporate training, reported results for the three month period ending March 31, 2014. Net revenues of $2.99 million, compared to $3.22 million; Operating loss of $636,000, compared to operating loss of $578,000; Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of ($380,000) compared to ($313,000) Net loss of $384,000, or $.08 per diluted share, compared to a net loss of $356,000, or $.08 per diluted share. SmartPros Ltd. (NASDAQ:SPRO) ended the last trading day at $2.89. Company weekly volatility is calculated as 4.22% and price to cash ratio as 2.55. SmartPros Ltd. (NASDAQ:SPRO) showed a positive weekly performance of 6.64%.
On March 17, 2014 AMREP Corporation (NYSE:AXR) reported a net loss of $11,000, or $0.00 per share, for the third quarter of 2014 compared to net income of $3,000, or $0.00 per share, for the third quarter of 2013. For the first nine months of 2014, the Company had a net loss of $646,000, or $0.09 per share, compared to a net loss of $329,000, or $0.05 per share, for the same period of 2013. The results for the third quarter and first nine months of 2014 included adjustments increasing the reserve for doubtful accounts receivable by $624,000 ($393,000 after tax, or $0.05 per share) for the quarter and $488,000 ($307,000 after tax, or $0.04 per share) for the nine months for customers of the Company’s Media Services businesses. AMREP Corporation (NYSE:AXR) net profit margin is -3.50% and weekly performance is 13.02%. On last trading day company shares ended up $4.86. AMREP Corporation (NYSE:AXR) distance from 50-day simple moving average (SMA50) is -14.06%.