The following are the major movers in trading on September 13.
Continue reading Major Movers on September 13; BIOF, EQIX, RITT, AMD, PLL
Month: September 2012
Chesapeake Energy Negotiates Higher Prices for Some its Assets (CHK)
Chesapeake Energy Corp. (NYSE: CHK) on Wednesday announced that it has successfully negotiated higher prices for some of its premium assets. The oil and gas producer said that these deals involving lands and infrastructure will help raising $6.9 billion -which is approximately half of its net debt that company is looking to lower by the end of this year. Nonetheless, stock ended lower.
Continue reading Chesapeake Energy Negotiates Higher Prices for Some its Assets (CHK)
Micro-Caps on the Move; Graystone Company Inc. (GYST), Save the World Air Inc. (ZERO), Bulova Technologies Group Inc. (BLVT)
Shares of Graystone Company Inc. (PINK: GYST), a U.S.-based mining and exploration company engaged in the acquisition and development of gold and other mineral properties, saw a huge rally in trading today.
China Information Technology CEO Jiang Lin Buys 1,400,000 Shares (CNIT)
China Information Technology Inc. (NASDAQ: CNIT) CEO Jiang Lin bought 1,400,000 shares of CNIT common stock this week, according to a regulatory filing.
Continue reading China Information Technology CEO Jiang Lin Buys 1,400,000 Shares (CNIT)
Major Movers on September 12; FB, MEDW, JVA, ANF, KSS
Facebook (NASDAQ: FB) gained almost 6.5% on Wednesday after its Chief Executive Mark Zuckerberg made first public appearance ever since FB’s botched IPO.
Continue reading Major Movers on September 12; FB, MEDW, JVA, ANF, KSS
Advanced Micro Devices to Launch Energy-Efficient Server Platform (AMD, HPQ, DELL, IBM, INTC)
In a move to diversify away from stagnating PC market, struggling semiconductor manufacturer, Advanced Micro Devices (NYSE:AMD) announced that it will be lunching energy-efficient server platform focused on vast data and cloud computing—the first major result of its acquisition of SeaMicro.
Major Gainers and Losers on September 11th; SNSS, UNFI, RFMD, SHFL, NAVB, AMD, PANW
Shares of Sunesis Pharmaceuticals Inc. (NASDAQ: SNSS), a biopharmaceutical company engaged in the development and commercialization of oncology therapeutics for the treatment of solid and hematologic cancers, surged in trading today after the company announced that it will implement a one-time, 225-patient sample size increase in its Phase 3 VALOR trial.
Continue reading Major Gainers and Losers on September 11th; SNSS, UNFI, RFMD, SHFL, NAVB, AMD, PANW
Zynga’s Misery Continues as Another Top Executive Resigns (ZNGA)
There seems to no end to “FarmVille” maker, Zynga Inc.’s (NASDAQ: ZNGA) ordeal. While its share have been hammered in the recent past after the compnay failed to respond to changing videogame market dynamics, it also kept losing its top executives one by one. Joining the list of top executives who have left the company recently is Jeff Karp, who acted as Chief Marketing and Revenue officer at Zynga. Karp joined the Company in August 2011.
Continue reading Zynga’s Misery Continues as Another Top Executive Resigns (ZNGA)
Micro-Caps on Watch; Medisafe 1 Technologies Corp. (MFTH), Punchline Resources Ltd. (PUNL), OncoSec Medical Inc. (ONCS)
Shares of Medisafe 1 Technologies Corp. (OTC: MFTH), a developer of patented technologies that physically prevent unauthorized administration of prescription medications, are seeing a huge rally in trading today.
Major Gainers and Losers on September 10; GERN, AIG, GMCR, SWHC, BAH, PXP, S
Shares of Geron Corporation (NASDAQ: GERN), a biotechnology company focused on developing therapies for cancer, are sinking in today’s trading after the company said that it is ending its imetelstat breast cancer study.
Continue reading Major Gainers and Losers on September 10; GERN, AIG, GMCR, SWHC, BAH, PXP, S