Omeros Corporation (NASDAQ:OMER) announced that the U.S. Food and Drug Administration (FDA) has approved Omidria™ (phenylephrine and ketorolac injection) 1%/0.3% for use during cataract surgery or intraocular lens replacement (ILR) to maintain pupil size by preventing intraoperative miosis (pupil constriction) and to reduce postoperative pain. The approval comes with no post-marketing commitments other than the previously agreed study of Omidria for use in pediatric patients, which, if successfully completed, makes the drug eligible for an additional six months of marketing exclusivity in the U.S. Omeros Corporation (NASDAQ:OMER) weekly performance is 12.19%. On last trading day company shares ended up $11.69. Analysts mean target price for the company is $25.40. Omeros Corporation (NASDAQ:OMER) distance from 50-day simple moving average (SMA50) is -0.11%.
Conn’s, Inc. (NASDAQ:CONN) a specialty retailer of furniture, mattresses, home appliances, consumer electronics and provider of consumer credit, announced its financial results for the first quarter ended April 30, 2014. Consolidated revenues increased 33.6% to $335.4 million. CONN’S, Inc. (NASDAQ:CONN) shares fell -0.26% in last trading session and ended the day on $46.64. CONN gross Margin is 50.20% and its return on assets is 8.40%.CONN’S, Inc. (NASDAQ:CONN) quarterly performance is 30.28%.
Zillow (NASDAQ:Z) was downgraded by RBC Capital from an “outperform” rating to a “sector perform” rating in a research note issued on Monday, TheFlyOnTheWall.com reports. They currently have a $115.00 target price on the stock. RBC Capital’s target price suggests a potential downside of 2.56% from the company’s current price. The analysts noted that the move was a valuation call. Zillow Inc. (NASDAQ:Z) shares moved down -3.38% in last trading session and was closed at $118.02, while trading in range of $116.83 – $121.50. Zillow Inc. (NASDAQ:Z) year to date (YTD) performance is 44.40%.
Alcoa Inc. (NYSE:AA) is expanding a Tennessee plant to boost production of automotive-grade sheet aluminum used to make hoods, doors and other stamped body parts. The company has applied for a Department of Energy loan to pay for the expansion, which is expected to be completed next year. Alcoa Inc. (NYSE:AA) ended the last trading day at $13.61. Company weekly volatility is calculated as 1.83% and price to cash ratio as 23.99.Alcoa Inc. (NYSE:AA) showed a positive weekly performance of 2.87%.
Apple Inc. (NASDAQ:AAPL)’s much awaited wrist-gear, which was till now under speculations has now been confirmed by an American source that this mysterious product exists in reality, and have provided details on this much awaited product. Rosenblatt Securities’ Mr. Blair, on his visit to Taiwan, obtained some information on the electronic device, which is believed to be accurate, according to Business Insider. Apple Inc. (NASDAQ:AAPL) net profit margin is 21.40% and weekly performance is 4.24%. On last trading day company shares ended up $633.00. Analysts mean target price for the company is $642.43. Apple Inc. (NASDAQ:AAPL) distance from 50-day simple moving average (SMA50) is 12.56%.