The European Medicines Agency issued a negative "trend" vote for Biotech Inc.'s (Nasdaq: XBIT) marketing authorization application for its candidate antibody for the treatment of colorectal cancer. The stock price plunged $6.79 to close at $10.23.

 


Mattel widens losses

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Mattel Inc. (Nasdaq: MAT) widened first quarter losses more than expected as revenue fell sending the stock price plummeting $3.42 to close at $21.79.



China Digital TV Holding Co. Ltd. (NYSE: STV) declared a special cash dividend of $1.50 per share of common stock. The stock price climbed 44 cents to close at $1.71.



CFPB sues Ocwen Financial

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The Consumer Financial Protection Bureau sued Owen Financial Corp. (NYSE: OCN) alleging that the mortgage company engaged in systemic misconduct that caused widespread errors which resulted in some clients losing their homes. The stock price plummeted $2.91 to close at $2.49.


MicroVision Inc. (Nasdaq: MVIS) will develop a Laser Beam Scanning display system for a major technology company. The stock price gained 38 cents to close at $2.61.



Whitestone REIT (NYSE: WSR) will pay approximately $204.6 million to acquire retail centers Eldorado Plaza and BLVD Place and announced a public offering of 8.1 million common shares. The stock price dropped $1.17 to close at $13.08.



Earnings soar for Select Comfort

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Select Comfort Corp. (Nasdaq: SCSS) reported sharply higher first quarter earnings that topped analyst estimates and lifted its full year forecast sending the stock price soaring $7.31 to close at $33.18.



Virtu Financial to buy KCG

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KCG Holdings Inc. (NYSE: KCG) will be acquired by Virtu Financial Inc. (Nasdaq: VIRT) in an all cash transaction valued at approximately $1.4 billion. Shares of KCG soared $2.01 to close at $19.75 while Virtu Financial stock climbed $1.50 to close at $16.45.



Immune Pharmaceuticals signs LOI

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Immune Pharmaceuticals Inc. (Nasdaq: IMNP) signed a letter of intent with Pint Pharma to negotiate an exclusive license by Pint for the rights to commercialize Ceplene in Latin America. The stock price leaped $1.21 to close at $3.65.



Diana Shipping offers stock

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Diana Shipping Inc. (NYSE: DSX) will offer $70 million worth of common stock. The stock price lost 59 cents to close at $4.52.


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