Major Movers on April 18; THRX, CLB, SNDK, EBAY, MS

Shares of Theravance Inc. (NASDAQ: THRX) rallied  about 15% by afternoon trade after a federal advisory panel on Wednesday said that proposed lung treatment drug, Breo Ellipta,  jointly developed by GlaxoSmithKline PLC and Theravance was not only effective but also safe and confirmed that it will approve the product . Breo Ellipta, which is meant to treat chronic obstructive pulmonary disease or COPD, is once-a-day inhalation drug.

Continue reading Major Movers on April 18; THRX, CLB, SNDK, EBAY, MS

Major Movers on January 18; LIFE, COF, INTC, MS, GE

Shares of Life Technologies Corp. (NASDAQ:LIFE) rallied on Friday. According to a report carried on Financial Post newspaper, the gene sequencing company has appointed Deutsche Bank AG and Moelis & Co for a strategic review, which could possibly result in company going private through a leveraged buyout (LB) or being acquired by larger industry players.

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