Retrophin, Inc. (NASDAQ: RTRX) announced that it has signed an agreement to acquire Manchester Pharmaceuticals® LLC, a privately-held specialty pharmaceutical company that focuses on treatments for rare diseases. Under the terms of the agreement, Retrophin will pay a total of $62.5 million, including an upfront payment of $29.5 million, plus royalties based on product sales. The transaction is expected to close by March 1, 2014. Retrophin Inc (NASDAQ:RTRX) stock opened at $14.88 in last trading session, and closed at $16.00, trading in the range of $14.43 – $17.86. The stock showed a positive weekly performance of 56.10%.
ION Geophysical Corp. (NYSE:IO) shares were up 25.4% during mid-day trading on Thursday following a stronger than expected earnings report, Stock Ratings Network reports. The stock traded as high as $4.07 and last traded at $3.95, with a volume of 15,497,090 shares changing hands. The stock had previously closed at $3.15. Ion Geophysical Corp (NYSE:IO) shares closed at $4.07 on last trade day. Stock 52 week range is $2.81 – $7.70. Company’s market capitalization is $664.66 million.
LiveDeal Inc (NASDAQ:LIVE), a publicly traded company that operates livedeal.com, an innovative platform using geo-location to enable businesses to communicate real-time and publish instant offers to nearby consumers, announced that it has launched livedeal.com in New York City. With over 42,000 eating and drinking locations and $33.6 billion in revenues, New York City represents a massive marketplace to leverage the livedeal.com platform. LiveDeal Inc (NASDAQ:LIVE) stock finished the last session at $9.88. The EPS of the stock remained -0.58. Company’s market capitalization is $130.33 million.
Orbitz Worldwide, Inc. (NYSE: OWW) reported Q4 EPS of $0.05, $0.05 better than the analyst estimate of $0.00. Revenue for the quarter came in at $197.43 million versus the consensus estimate of $191.17 million. Gross bookings increased 0.2 percent year on year to $2,479.2 million in the fourth quarter 2013. This increase was driven by higher hotel and vacation package transaction volumes and higher average booking values per air, hotel and vacation package transaction, offset by lower air transaction volume. Orbitz Worldwide, Inc. (NYSE:OWW) stock opened at $7.70 in last trading session and closed at $8.90. The 52 week range of the stock is $2.68 – $13.26 and the day range was $7.60 – $9.13.