Agenus Inc. (NASDAQ:AGEN) announced that the company has entered into a collaboration and license agreement with Merck, known as MSD outside the United States and Canada, through a subsidiary, for the discovery and development of therapeutic antibodies to immune checkpoints for the treatment of cancer. Under the terms of the agreement, Agenus will discover and optimize fully human antibodies against two undisclosed Merck checkpoint targets using the 4-Antibody Retrocyte Display® platform. Agenus Inc (NASDAQ:AGEN) shares after opening at $2.76 moved to $3.12 on last trade day and at the end of the day closed at $3.06 . Company price to sales ratio in past twelve months was calculated as 63.43 and price to cash ratio as 6.95. Agenus Inc (NASDAQ:AGEN) showed a positive weekly performance of 19.07%.
Magellan Petroleum Corporation (NASDAQ:MPET) announced that on April 15, 2014, it received the final AUD $5 million payment contemplated by the Share Sale and Purchase Deed entered into with Central Petroleum Limited for the sale of the Company’s onshore Australia assets.Previously, the Company announced the completion of the Transaction on March 31, 2014. Magellan Petroleum Corporation (NASDAQ:MPET) shares advanced 10.95% in last trading session and ended the day on $2.23. MPET return on equity ratio is recorded as -43.40% and its return on assets is -22.70%. Magellan Petroleum Corporation (NASDAQ:MPET) yearly performance is 120.79%.
The Michigan Veterans Foundation received $5,000 worth of Walmart gift cards from Rent-A-Center Inc (NASDAQ:RCII). The gift cards are tied to a philanthropic initiative dubbed “Random Acts of Caring.” Launched in 2008, the Rent-A-Center Inc (NASDAQ:RCII) initiative provides unexpected donations of merchandise, funding or gift cards to deserving nonprofits across the country. Rent-A-Center Inc (NASDAQ:RCII) shares moved up 5.76% in last trading session and was closed at $29.95 while trading in range of $28.55 – $30.39 – Rent-A-Center Inc (NASDAQ:RCII) year to date (YTD) performance is -9.38%.
SodaStream International Ltd (NASDAQ:SODA) turned green mid-day on Friday. The stock started the day underwater after Starbucks’ (NASDAQ: SBUX) CEO Schultz said he was focused on Fizzio, its new handcrafted beverage. Comments came just days after a Globes article said Starbucks may take a 10% stake in SodaStream. Sodastream International Ltd (NASDAQ:SODA) weekly performance is 11.91%. On last trading day company shares ended up $45.48. Sodastream International Ltd (NASDAQ:SODA) distance from 50-day simple moving average (SMA50) is 10.77%. Analysts mean target price for the company is $44.29.