Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN) On June 3, 2014, the company held its 2014 Annual Meeting of Stockholders. The Company’s stockholders considered and voted upon the following proposals at the meeting: (1) the election of each of Michael Kishbauch, Robert Van Nostrand and Nicole Vitullo as the Company’s three Class II directors to serve until the Company’s 2017 Annual Meeting of Stockholders and until his or her successor is duly elected and qualified; (2) the approval of an advisory vote on executive compensation; and (3) the ratification of the selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2014. Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN) weekly performance is 52.88%. On last trading day company shares ended up $4.25. Analysts mean target price for the company is $5.44. Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN) distance from 50-day simple moving average (SMA50) is 48.12%.
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Idenix Pharmaceuticals, Inc. (NASDAQ:IDIX) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Merck & Co., Inc. (“Merck”) (NYSE: MRK), in a transaction valued at approximately $3.85 billion. Idenix Pharmaceuticals Inc (NASDAQ:IDIX) shares advanced 229.05% in last trading session and ended the day on $23.79. Its return on assets is -120.10%. Idenix Pharmaceuticals Inc (NASDAQ:IDIX) quarterly performance is 241.81%.
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of The Hillshire Brands Company (NYSE:HSH) related to acquisition by Tyson for shareholders. Under the terms of the transaction, valued at approximately $8.55 billion, Hillshire shareholders will only receive $63 in cash per share owned. Hillshire Brands Co (NYSE:HSH) shares moved up 5.33% in last trading session and was closed at $62.06, while trading in range of $61.62 – $62.16. Hillshire Brands Co (NYSE:HSH) year to date (YTD) performance is 87.21%.
Dollar General Corp. (NYSE:DG) announced plans this week to expand its nationwide presence into three new states within the next year, increasing the company’s presence to 43 states across the country. The major discount retailer will begin construction on stores in Maine and Rhode Island this fall with plans to expand into Oregon in early 2015. Dollar General Corp. (NYSE:DG) ended the last trading day at $62.25. Company weekly volatility is calculated as 3.01% and price to cash ratio as 113.53. Dollar General Corp. (NYSE:DG) showed a positive weekly performance of 14.64%.
On June 6, Groupon Inc (NASDAQ:GRPN) has announced that it will hire 80 part time staffers around the region. It hosted a job fair for three days for the purpose. The job fair was held at the Cincinnati Airport Marriott, 2395 Progress Drive, in Hebron. Groupon Inc (NASDAQ:GRPN) net profit margin is -4.70% and weekly performance is 11.45%. On last trading day company shares ended up $6.13. Analysts mean target price for the company is $8.76. Groupon Inc (NASDAQ:GRPN) distance from 50-day simple moving average (SMA50) is -9.04%.