SFX Entertainment, Inc. (NASDAQ:SFXE), the world’s largest producer of live events and entertainment content focused exclusively on electronic music culture (EMC) and other world-class festivals, announced that it has completed the acquisition of the remaining 50 percent of B2S Holding BV, which specializes in hard electronic dance music. SFX now owns 100 percent of the company. SFX Entertainment Inc (NASDAQ:SFXE) shares after opening at $8.02 moved to $8.34 on last trade day and at the end of the day closed at $6.81. Company price to sales ratio in past twelve months was calculated as 4.18 and price to cash ratio as 24.23. {Full Company Name} showed a negative weekly performance of 19.31%.
Idera Pharmaceuticals Inc (NASDAQ:IDRA)’s shares decreased 5.73% to $3.95. The company on Mar. 13 reported its financial and operational results for the fourth quarter and year ended December 31, 2013. Net loss applicable to common stockholders for the three months ended December 31, 2013 was $6.4 million, or $0.10 per diluted share, compared to a net loss applicable to common stockholders of $6.5 million, or $0.24 per diluted share, for the same period in 2012. Idera Pharmaceuticals Inc (NASDAQ:IDRA) shares fell -7.40% in last trading session and ended the day on $3.88. Idera Pharmaceuticals Inc (NASDAQ:IDRA) return on equity ratio is recorded as -444.00% and its return on assets is -114.30%. Idera Pharmaceuticals Inc (NASDAQ:IDRA) yearly performance is 691.84%.
Advaxis, Inc. (NASDAQ:ADXS) announced the pricing of an underwritten public offering of 4,080,000 shares of common stock at a public offering price of $3.00 per share. The Company expects to receive $12,240,000 in gross proceeds, before deducting underwriting discounts and commissions and offering expenses payable by the Company. The Company has granted the underwriters a 45-day option to purchase up to 612,000 additional shares of common stock. The Company intends to use the net proceeds from this offering to fund the Company’s continued research and development initiatives in connection with expanding its product line and for other general corporate purposes. Advaxis, Inc. (NASDAQ:ADXS) shares moved down -24.82% in last trading session and was closed at $3.06, while trading in range of $ 2.95 – 3.08. Advaxis, Inc. (NASDAQ:ADXS) year to date (YTD) performance is -27.83%.
After a huge short attack on Unilife Corp (NASDAQ:UNIS) it looks like the naysayer’s have finally been proven wrong. The company secured a $60 million in total debt financing with a very prestigious and well known investment management company called OrbiMed Advisors. Unilife Corp (NASDAQ:UNIS) weekly performance is -21.42%. On last trading day company shares ended up $4.33. Unilife Corp (NASDAQ:UNIS) distance from 50-day simple moving average (SMA50) is -4.81%. Analysts mean target price for the company is $7.70.