Verastem, Inc (NASDAQ:VSTM) entered into a lease agreement with Intercontinental Fund III 117 Kendrick Street, LLC, as landlord, for approximately 15,197 square feet of space at 117 Kendrick Street in Needham, Massachusetts (the “Lease Agreement”). The Company intends to use the leased premises as its corporate headquarters and for laboratory purposes. The lease term commences on April 15, 2014. The Company must commence rent payments under the Lease Agreement on the earlier of: (i) December 1, 2014, or (ii) the date on which the initial improvements to build out the leased space are substantially complete (the “Rent Commencement Date”). The lease term expires on the last day of the 60th full month following the Rent Commencement Date. Verastem Inc (NASDAQ:VSTM) shares after opening at $8.73 moved to $8.73 on last trade day and at the end of the day closed at $8.47 . Company price to cash ratio in past twelve months was calculated as 2.16. Verastem Inc (NASDAQ:VSTM) showed a negative weekly performance of -6.72%.
Potbelly Corp. (NASDAQ:PBPB) is bringing out a multigrain flatbread in May as another way to appeal to calorie-conscious diners and those looking for something a little bit different from the sandwich shop. Potbelly Corp (NASDAQ:PBPB) shares fell -0.18% in last trading session and ended the day on $16.80. Potbelly Corp (NASDAQ:PBPB) return on equity ratio is recorded as 50.30 % and its return on assets is -36.00 %.
Liquidity Services, Inc. (NASDAQ:LQDT) a global solutions provider in the reverse supply chain with leading online marketplaces for surplus goods, announced that it will report the results of its second quarter 2014 ended March 31, 2014 on Thursday, May 8, 2014 at 10:30 a.m. Eastern Time. The earnings press release will be distributed prior to market open on the same day. Bill Angrick, Chairman and CEO, Jim Rallo, CFO, and Kathy Domino, Chief Accounting Officer, will host the earnings event. Liquidity Services, Inc. (NASDAQ:LQDT) shares moved down -0.86% in last trading session and was closed at $17.39 while trading in range of $17.20 – $17.69 – Liquidity Services, Inc. (NASDAQ:LQDT) year to date (YTD) performance is -23.26%.
IMRIS Inc. (NASDAQ:IMRS) and MRI Interventions, Inc. announced that a surgical team at Cook Children’s in Fort Worth, Texas, has performed the first pediatric laser ablation procedure in an IMRIS VISIUS®Surgical Theatre combining the use of MRI Interventions’ ClearPoint® Neuro Intervention System as the navigation platform and VISIUS intraoperative MRI (iMRI). IMRIS Inc (NASDAQ:IMRS) weekly performance is -9.77%. On last trading day company shares ended up $1.20. IMRIS Inc (NASDAQ:IMRS) distance from 50-day simple moving average (SMA50) is -36.64%. Analysts mean target price for the company is $2.80.