Genco Shipping & Trading Limited (NYSE:GNK) hired Blackstone Advisory Partners LP to explore a debt restructuring after the operator of dry-bulk cargo ships missed a $3.1 million interest payment yesterday on its convertible bond. Genco Shipping & Trading Limited (NYSE:GNK) stock opened at $1.32 in last trading session, and closed at $1.44, trading in the range of $ 1.32 – 1.58. The stock showed a negative weekly performance of -23.81%.
Goldman upgraded Infoblox Inc (NYSE:BLOX) due to valuation following the negative Q2 pre-announcement. Price target is $27. Infoblox Inc (NYSE:BLOX) shares closed at $21.31 on last trade day, by gaining 11.05%. Stock 52 week range is $17.10 – $48.97. Company’s market capitalization is $1.13 billion.
Shares of Myriad Genetics, Inc. (NASDAQ:MYGN) surged 11.4% at yesterday’s market close following the company’s recent release of positive data on its Prolaris test – a 46-gene molecular diagnostic test – in the Journal of Urology. The Prolaris test correctly predicted those prostrate cancer patients who had the risk of biochemical recurrence (“BCR”) or metastatic disease following a radical prostrate surgery. The predictions were made based on biopsies conducted earlier on these patients. Notably, the Prolaris test has been evaluated in more than 5,000 patients across 11 clinical studies. Myriad Genetics, Inc. (NASDAQ:MYGN) stock advanced 5.43% and finished the last session at $36.29. The EPS of the stock remained 2.33. Company’s market capitalization is $2.65 billion.
Myriad Genetics (NASDAQ:MYGN) VP Gary A. King sold 25,000 shares of Myriad Genetics stock on the open market in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $34.74, for a total value of $868,500.00. Following the completion of the transaction, the vice president now directly owns 2,949 shares of the company’s stock, valued at approximately $102,448. United Online, Inc. (NASDAQ:UNTD) stock opened at $11.05 in last trading session and closed at $14.28. The 52 week range of the stock is $9.20 – $62.30 and the day range was $10.50 – $15.88.
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