Microsoft Corp. (Nasdaq: MSFT) extended the terms of its Microsoft Operations Digial Distribution Agreement with Digital River Inc. (Nasdaq: DRIV). Shares of Microsoft added 58 cents to close at $45.74 while Digital River stock leaped $7.22 to close at $24.08.

On Deck surges in debut

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Shares of On Deck Capital Inc. (NYSE: ONDK) surged $7.98 to close at $27.98 in its market debut.


The possibility of normalizing relations with Cuba lifted shares of Herzfeld Caribbean Basin Fund (Nasdaq: CUBA) $1.97 to close at $8.78.


Novogen announces private placement

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Novogen Ltd. (Nasdaq: NVGN) announced a private placement of approximately 32.85 million common shares to raise A$4.1 million. The stock price plummeted $2.23 to close at $3.15.


Auspex Pharmaceuticals Inc. (Nasdaq: ASPX) reported positive results from a Phase 3 clinical trial of SD-809 for treating chorea associated with Huntington's disease sending the stock price soaring $25.05 to close at $50.14.


Philips offers premium for Volcano

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Philips offered a premium of approximately $1 billion to acquire Volcano Corp. (Nasdaq: VOLC). The stock price leaped $6.35 to close at $17.84.


Talisman's acquisition lifts Oasis

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Repsol's $8.3 billion acquisition of Talisman Energy Inc. (NYSE: TLM) lifted shares of Oasis Petroleum Inc. (NYSE: OAS). Shares of Talisman jumped $2.46 to close at $7.58 while Oasis stock leaped $2.01 to close at $14.23.

Warren Resources to ring opening bell

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Warren Resources Inc. (Nasdaq: WRES) will ring the Nasdaq opening bell on Wednesday, December 17, 2014. The stock price gained 30 cents to close at $1.83.


The Data and Safety Monitoring Board determined that Cyclacel Pharmaceuticals Inc.'s (Nasdaq: CYCC) ongoing Phase 3 study of sapacitabine was not likely to demonstrate statistically significant improvement in survival. The stock price plummeted $2.15 to close at $0.68.
Frontline Ltd. (NYSE: FRO) entered debt-for-equity exchange. The stock price tumbled 58 cents to close at $2.29.


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