Tag: TAP

  • Why these stocks gained: Galena Biopharma (NASDAQ:GALE), Geron Corporation (NASDAQ:GERN), Molson Coors Brewing (NYSE:TAP), Scientific Games (NASDAQ:SGMS), Applied Micro Circuits Corporation (NASDAQ:AMCC)

    On June 2, 2014, Galena Biopharma Inc (NASDAQ:GALE) a biopharmaceutical company developing and commercializing innovative, targeted oncology treatments that address major unmet medical needs to advance cancer care, announced that data from the Company’s Phase 1 study with GALE-301, or Folate Binding Protein (FBP), was presented at the American Society of Clinical Oncology (ASCO) 50th Annual Meeting. The poster entitled, “Comparison of recurrent and nonrecurrent ovarian and uterine cancer patients undergoing adjuvant folate receptor vaccine therapy,” was presented during the Gynecologic Cancer General Poster Session. Galena Biopharma Inc (NASDAQ:GALE) and weekly performance is 42.92%. On last trading day company shares ended up $3.13. Analysts mean target price for the company is $6.88. Galena Biopharma Inc (NASDAQ:GALE) distance from 50-day simple moving average (SMA50) is 37.12%.

    At 10:00 a.m. EDT, Wednesday, June 4, 2014, John A. Scarlett, M.D., President and Chief Executive Officer of Geron Corporation (NASDAQ:GERN) will present a company overview at the Jefferies 2014 Global Healthcare Conference in New York, New York. The slides accompanying the presentation, together with a slide setting forth certain cautionary language intended to qualify the forward-looking statements included in the presentation, are furnished as Exhibit 99.1 to this Current Report and are incorporated herein by reference. The slides will also be made available in the “Investor Relations” section of Geron’s website, located at www.geron.com. Geron Corporation (NASDAQ:GERN) shares advanced 9.81% in last trading session and ended the day on $2.35. Its return on assets is -38.30%. Geron Corporation (NASDAQ:GERN) quarterly performance is -46.59%.

    Shares of Molson Coors Brewing Company (NYSE:TAP) hit a record high Tuesday as international sales and cost cuts power profit growth to the best among its peers while job gains stoke prospects for a pickup in U.S. sales.Molson Coors Brewing Company (NYSE:TAP) shares moved up 5.36% in last trading session and was closed at $70.71, while trading in range of $67.38 -$71.39. Molson Coors Brewing Company (NYSE:TAP) year to date (YTD) performance is 27.47%.

    Scientific Games Corp (NASDAQ:SGMS) the slot machine supplier controlled by billionaire Ronald Perelman, appointed former SHFL Entertainment Inc. Chief Executive Officer Gavin Isaacs as its CEO. Isaacs replaces David Kennedy, who had held the position since November, the New York-based company said in a statement. Kennedy will remain at Scientific Games as executive vice chairman. Scientific Games Corp (NASDAQ:SGMS) ended the last trading day at $10.25. Company weekly volatility is calculated as 5.84% and price to cash ratio as 5.11. Scientific Games Corp (NASDAQ:SGMS) showed a positive weekly performance of 18.09%.

    Applied Micro Circuits Corporation (NASDAQ:AMCC) has been given a consensus recommendation of “Buy” by the twelve brokerages that are currently covering the stock, Analyst Ratings News reports. Five analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $13.80. Applied Micro Circuits Corporation (NASDAQ:AMCC) net profit margin is -2.60 % and weekly performance is 27.14%. On last trading day company shares ended up $11.43. Analysts mean target price for the company is $13.00. Applied Micro Circuits Corporation (NASDAQ:AMCC) distance from 50-day simple moving average (SMA50) is 21.48%.