Reynolds American Inc. (NYSE:RAI) is launching a new website aimed at raising awareness of cigarette trafficking. The owner of the nation’s second-biggest tobacco company says cigarette smuggling costs states an estimated $5.5 billion annually. Reynolds American, Inc. (NYSE:RAI) stock opened today at $58.56 and is currently trading at $58.98. The stock showed a positive weekly performance of 1.99%.
Tyson Foods Inc. (NYSE:TSN) of Springdale on Thursday proposed the biggest acquisiton in its history, offering to purchase Hillshire Brands of Chicago for $50 per share, or about $6.8 billion. Tyson Foods, Inc. (NYSE:TSN) stock opened at $42.38, in current trading session and currently is at $43.64, by gaining 7.09%. The 52 week range of $24.48 – $44.24. Company’s market capitalization is 15.23 billion.
Inovio Pharmaceuticals Inc. (NYSEMKT:INO) on May 27 announced that its novel DNA-based therapeutic monoclonal antibody targeting Chikungunya virus (CHIKV) completely protected mice from a lethal CHIKV challenge. Inovio Pharmaceuticals Inc. (NYSEMKT:INO) stock is currently trading at $2.24. The EPS of the stock is -0.34. Company’s market capitalization is 539.01 million.
Annual shareholders meeting of MannKind Corporation (NASDAQ:MNKD) showed optimism for Afrezza, MannKind’s insulin drug. MannKind Corporation (NASDAQ:MNKD) stock opened the session at $8.18, and now is at $8.54. The 52 week range of the MannKind Corporation (NASDAQ:MNKD) stock remained $3.80 – $8.70 and the day range was $8.10 – $8.60.
Orexigen Therapeutics, Inc. (NASDAQ:OREX) was a big mover last session with its shares rising over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. Orexigen Therapeutics, Inc. (NASDAQ:OREX) stock opened today at $6.36 and is currently trading at $6.41. The stock showed a positive weekly performance of 15.93%.