Dendreon Corporation (NASDAQ:DNDN)announced the presentation of preliminary data from a long-term analysis of the Phase II STAND study demonstrating that tumor-specific T-cell responses appear to be enhanced and sustained when PROVENGE^® (sipuleucel-T) is given after androgen deprivation therapy (ADT) in patients with biochemically-recurrent prostate cancer (BRPC) at high risk for metastases. These data will be presented at the 29^th Annual European Association of Urology (EAU) Congress taking place from April 11-15, 2014 in Stockholm, Sweden.^1.Dendreon Corporation (NASDAQ:DNDN) stock opened today at $2.76 and is currently trading at $2.78. The stock showed a negative weekly performance of -5.12%.
Fastenal Company (NASDAQ:FAST) reported its Board of Directors declared a dividend of $0.25 per share to be paid in cash on May 23, 2014 to shareholders of record at the close of business on April 25, 2014.Fastenal Company (NASDAQ:FAST) stock opened at $52.16, in current trading session and currently is at $51.56, by gaining 1.64%.The 52 week range of $42.48-$53.12. Company’s market capitalization is $15.27 billion.
Shutterfly (NASDAQ:SFLY) was upgraded by investment analysts at Goldman Sachs from a “neutral” rating to a “buy” rating in a note issued to investors on Friday, TheFlyOnTheWall.com reports. The firm currently has a $52.00 price objective on the stock, up from their previous price objective of $47.00. Goldman Sachs’ price target would indicate a potential upside of 26.58% from the company’s current price.Shutterfly, Inc. (NASDAQ:SFLY) stock is currently trading at $42.11.The EPS of the stock is 0.05. Company’s market capitalization is $1.61 billion.
AMETEK, Inc. (NYSE: AME) and Zygo Corporation (NASDAQ: ZIGO) announced that they have entered into a definitive merger agreement under which AMETEK will acquire all of the outstanding shares of common stock of Zygo at a purchase price of $19.25 per share in cash, which represents a premium of 31% to Zygo’s closing share price on April 10, 2014. The aggregate enterprise value of the transaction is approximately $280 million, taking into account Zygo’s outstanding equity awards and net cash to be acquired in the transaction. The transaction was unanimously approved by the Board of Directors of Zygo. Zygo Corporation (NASDAQ:ZIGO) stock opened the session at $19.16, and now is at $19.20. The 52 week range of the ZIGO stock remained $13.12-$19.24 and the day range was $19.16-$19.24.