On May 27, Merrimack Pharmaceuticals, Inc. (NASDAQ:MACK) announced that Robert Mulroy, President & CEO, is scheduled to present at the Jefferies 2014 Global Healthcare Conference on Tuesday, June 3, 2014 at 4:00 p.m. (ET) in New York City. Merrimack Pharmaceuticals Inc (NASDAQ:MACK) weekly performance is 18.08%. On last trading day company shares ended up $8.10. Analysts mean target price for the company is $13.80. Merrimack Pharmaceuticals Inc (NASDAQ:MACK) distance from 50-day simple moving average (SMA50) is 41.54%.
On May 22, Jefferies Group assumed coverage on shares of China Biologic Products Inc (NASDAQ:CBPO) in a research note issued on Thursday,TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $52.00 price target on the stock. Jefferies Group’s target price would indicate a potential upside of 30.26% from the stock’s previous close. China Biologic Products Inc (NASDAQ:CBPO) shares advanced 0.54% in last trading session and ended the day on $45.49. Gross Margin is 67.80 % and its return on assets is 18.80%. China Biologic Products Inc (NASDAQ:CBPO) quarterly performance is 27.37%.
Hewlett-Packard Company (NYSE:HPQ) EVP John F. Schultz sold 26,627 shares of the stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of $33.50, for a total transaction of $892,004.50. Following the completion of the transaction, the executive vice president now directly owns 31,005 shares in the company, valued at approximately $1,038,668. Hewlett-Packard Company (NYSE:HPQ) shares moved up 0.87% in last trading session and was closed at $33.64, while trading in range of $33.33 – $33.83. Hewlett-Packard Company (NYSE:HPQ) year to date (YTD) performance is 20.79%.
MeetMe Inc (NASDAQ:MEET) the public market leader for social discovery, has launched its Friend Suggestions feature on its iPhone application. The feature, previously available on the web platform, surfaces a “People You Might Like” section within Feed and Friends, with the goal of driving more friend requests, new friendships, and ultimately, new chat conversations.MeetMe Inc (NASDAQ:MEET) ended the last trading day at $2.10. Company weekly volatility is calculated as 6.27% and price to cash ratio as 13.99. MeetMe Inc (NASDAQ:MEET) showed a positive weekly performance of 10.53%.
Siemens AG (ADR) (OTCMKTS:SIEGY)’s chief executive officer said Europe’s largest engineering company will eliminate at least 11,600 positions as it cuts about 1 billion euros ($1.34 billion) in costs. Siemens AG (ADR) (OTCMKTS:SIEGY) On last trading day company shares ended up $132.79.