MRV Communications, Inc. (NASDAQ:MRVC) a leading provider of innovative packet and optical solutions, announced on 16 June the launch of the groundbreaking OptiPacket (OP-X) metro service edge platform. MRV Communications, Inc. (NASDAQ:MRVC) net profit margin is -3.80% and weekly performance is -6.19%. On last trading day company shares ended up $13.48. Analysts mean target price for the company is $-. MRV Communications, Inc. (NASDAQ:MRVC) distance from 50-day simple moving average (SMA50) is 3.77%.
BioLife Solutions, Inc. (NASDAQ:BLFS), a leading developer, manufacturer and marketer of proprietary clinical grade hypothermic storage and cryopreservation freeze media and precision thermal shipping products for cells and tissues on 16 June announced that Nice, France-based TxCell (Euronext Paris: TXCL) a biotechnology company developing innovative, personalized cell-based immunotherapies using antigen specific regulatory T cells (Ag-Tregs) for severe chronic inflammatory and autoimmune diseases, has adopted BioLife’s CryoStor clinical grade cell freezing media for use in their European phase IIb clinical trial of Ovasave immunotherapy in refractory Crohn’s Disease, which is planned to start in the second half of 2014. BioLife Solutions Inc. (NASDAQ:BLFS) shares fell -17.36% in last trading session and ended the day on $2.00. BLFS gross Margin is 40.40% and its return on assets is -26.20%.BioLife Solutions Inc. (NASDAQ:BLFS) quarterly performance is -48.72%.
Due to the success of its referral program, Five9 Inc. (NASDAQ:FIVN), a leading provider of cloud contact center software, is increasing the potential benefit for members by 300 percent. The Five9 Referral Program enables contact center professionals to refer Five9 to colleagues or friends and earn a 15 percent commission for up to two years. Five9 Inc. (NASDAQ:FIVN) shares moved down -6.91% in last trading session and was closed at $7.27, while trading in range of $7.22 – $7.98. Five9 Inc. (NASDAQ:FIVN) year to date (YTD) performance is -4.84%.
Vringo, Inc. (NASDAQ:VRNG) on 20 June announced that it plans to expand and escalate its global litigation and licensing programs following receipt of $10 million in cash from the exercise of outstanding warrants by three institutional investors. The investors exercised 5,697,227 warrants, which are part of a series of warrants that expire in three years, on July 19, 2017, and have an exercise price of $1.76 (the “July 2017 Warrant Series”). The exercised warrants represent 58% of the July 2017 Warrant Series. Vringo, Inc. (NASDAQ:VRNG) ended the last trading day at $3.33. Company weekly volatility is calculated as 5.21% and price to cash ratio as 10.36.Vringo, Inc. (NASDAQ:VRNG) showed a negative weekly performance of -5.93%.
Mr. Xuechu He, who was named #38 on Forbes richest Chinese list in 2010 with a new worth of RMB 12 billion, on 22 may purchased a stake in YOU On Demand (NASDAQ:YOD) from C Media Limited (“C Media”), a leading mobile video service provider in China, in a private stock transaction. Mr. He purchased 2,285,715 restricted Series E convertible preferred shares. You On Demand Holdings, Inc. (NASDAQ:YOD) weekly performance is -9.16%. On last trading day company shares ended up $3.37. Analysts mean target price for the company is $8.00. You On Demand Holdings, Inc. (NASDAQ:YOD) distance from 50-day simple moving average (SMA50) is 10.43%.