The U.S. Court of Appeals ruled against The Medicines Co. (Nasdaq: MDCO) in its patent suit against Hospira Inc. (NYSE: HSP) but the stock price soared $2.94 to close at $31.28. Shares of Hospira edged up 6 cents to close at $88.95.
Columbia Pipeline Group Inc. (NYSE: CPGX) announced a quarterly dividend of 12.5 cents per share payable on August 20, 2015 to shareholders of record July 31, 2015. The stock price soared $2.75 to close at $30.34.

Natera surges in debut

Shares of Natera Inc. (Nasdaq: NTRA) surged $4.74 to close at $22.74 on its first trading day.

Yelp suspends sales process

Bloomberg reported that Yelp Inc. (NYSE: YELP) has temporarily suspended its efforts to sell the company sending the stock price plummeting $5.02 to $37.42.

Health Net to be acquired

Health Net Inc. (NYSE: HNT) will be acquired by Centene Corp. (NYSE: CNC) in a cash and stock deal valued at approximately $6.3 billion. Shares of Health Net jumped $6.00 to $71.06 while Centene stock plunged $6.60 to $74.40.

PayPal to buy Xoom

Ebay Inc.'s (Nasdaq: EBAY) PayPal will acquire Xoom Corp. (Nasdaq: XOOM) for a premium of approximately $890 million in cash. Shares of eBay gained $1.12 to $61.55 while Xoom stock leaped $4.51 to $25.21.

WPCS International Inc. (Nasdaq: WPCS) announced that it signed $3.6 million worth of new contracts. The stock price nearly doubled by leaping $1.48 to close at $3.02.
ConforMIS Inc. (Nasdaq: CFMS) stock soared $4.25 to close at $19.25 in its market debut.

Teladoc surges in debut

Shares of Teladoc Inc. (NYSE: TDOC) surged $9.50 to close at $28.50 on its first trading day.

Ballard Power Systems Inc. (Nasdaq: BLDP) priced its offering of 8.125 million common shares at the discounted price of $1.60 per share sending the stock price down 44 cents to $1.65.


Monthly Archives

Powered by Movable Type 5.12