Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA), the cancer-drug maker that’s lost 58 percent of its value in the last year, added activist investor Alex Denner to its board. Ariad Pharmaceuticals, Inc. will also add a second new director to be agreed on with Denner, the Cambridge, Massachusetts-based company said in the statement. Once the agreed-upon director is added the board will have 10 members. Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) stock opened at $8.90 in last session, and closed at $8.63, while the day range of ARIA stock is $8.52-$8.95.The stock showed a negative weekly performance of -0.23%.
Office Depot (NYSE:ODP) is scheduled to issue its quarterly earnings data on Tuesday, February 25th. Investors interested in registering for the company’s conference call can do so using this link. Office Depot Inc (NYSE:ODP) stock opened at $5.14, in last session and closed at $5.35, by gained 4.09%.The 52 week range was $3.55-$5.85.Company’s market capitalization is $2.84 billion.
Alpha Natural Resources, Inc. (NYSE:ANR), one of the top coal producers in the U.S., declared on Friday that its management team will participate in several investor conferences throughout the week. The conferences where the company will participate in February include the BMO Capital Markets Global Metals & Mining Conference scheduled on Monday, February 24, 2014 and the Simmons & Company International 14th Annual Energy Conference to be held on Thursday, February 27, 2014, where it will not make formal presentations. Alpha Natural Resources, Inc. (NYSE:ANR) stock gained 1.54% and finished the last session at $5.27.The EPS of the stock remained -5.04.Company’s market capitalization is $1.16 billion.
Plug Power Inc (NASDAQ:PLUG) has been a long time fuel cell maker and is a publicly traded company. Analysts have been positive that this accessory maker will see a turn around on the profits the company will make, later this year. Apparently, the cost cutting has been so effective that the company has moved forward leaps and bounds, which will led to heavier lining of the bottom line by end of 2014. Meanwhile, new orders too are driving the company’s overall higher profit predictions and are valued at $40 million. Another important impetus which analysts see will see higher profits is the recurring revenue. These are largely in the form of service contracts and are expected to see through the period of the contract. Plug Power Inc (NASDAQ:PLUG) stock opened the session at $3.66, and closed the session at $3.69.The 52 week range of the PLUG stock remained $0.12-$4.90 and the day range was $3.60-$3.75.