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NASDAQ Market News

Kraft Shares up 40% on Heinz Merger News

25 Mar 2015 @ 18:41
Share in Kraft (NASDAQ:KRFT) climbed by an amazing 40% today following news late Tuesday, 24 March, that a merger offer has been made by Berkshire Hathaway and Brazilian company, 3G Capital, through their jointly-owned food product manufacturer, Heinz. The share price reached a record high of 87.88 before noon today.  Berkshire Hathaway and 3G acquired Heinz in 2013 and took the company...

Flexion Reports Year-End 2014 results

23 Mar 2015 @ 22:50
How did the do? Flexion Therapeutics, Inc. (Nasdaq:FLXN) today announced financial results for the year-ended December 31, 2014. In February 2014, the successful completion of an initial public offering of Flexion common stock raised gross proceeds of approximately $75 million; and, in December 2014, a follow-on offering raised additional gross proceeds of approximately $98 million. At...

Galectin lays out 2014 results

18 Mar 2015 @ 21:07
Also Provides Business Update Galectin Therapeutics Inc. (Nasdaq:GALT), a developer of therapeutics that target galectin proteins to treat fibrosis and cancer, today reported financial results for the year ended December 31, 2014. “I am pleased with our many accomplishments during 2014 as we continue to advance programs with GR-MD-02 for the treatment of nonalcoholic steatohepatitis...

WSFS Financial announces three-for-one stock split

17 Mar 2015 @ 21:06
++BREAKING NEWS++ WSFS Financial Corporation (Nasdaq:WSFS), the holding company for WSFS Bank, today announced that its Board of Directors declared a three-for-one split in WSFS Financial Corporation common stock (WSFS Stock) in the form of a stock dividend of two shares of WSFS Stock for each issued and outstanding share of WSFS Stock. The Board of Directors decided to effect the stock split...

Entellus Medical lay out 2014 FY results

17 Mar 2015 @ 21:03
How did they do? Entellus Medical (Nasdaq:ENTL), a medical technology company focused on the design, development and commercialization of products for the minimally invasive treatment of chronic and recurrent sinusitis patients in the physician office setting or operating room, today reported its financial results for the three months and year ended December 31, 2014. Recent Highlights and...

Harris & Harris flesh out their 2014 results

16 Mar 2015 @ 22:23
Wjat are they worth? Harris & Harris Group, Inc. (Nasdaq:TINY), reported today that, as of December 31, 2014, its net asset value and net asset value per share were $109,654,427 and $3.51, respectively. Key events for the three months ended December 31, 2014: – Portfolio company D-Wave Systems, Inc., raised approximately $62 million (CAD) in new financing to continue its leadership...

Qunar reports fresh revenue growth

16 Mar 2015 @ 22:21
How did they do? Year-on-Year Revenue Growth Exceeds 100% for the Third Consecutive Quarter Qunar Cayman Islands Limited (Nasdaq:QUNR), a Chinese online and mobile travel platform, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2014. Highlights for the Fourth Quarter and Fiscal Year 2014 Fourth Quarter 2014 – Total revenues for...

magicJack to repurchase shares?

16 Mar 2015 @ 22:18
What are the details? magicJack VocalTec Ltd. (Nasdaq:CALL), a leading VoIP cloud-based communications company, today announced that its Board of Directors has authorized a new share repurchase program under which the company may repurchase up to $20.0 million of its outstanding common stock from time to time on the open market or in privately negotiated transactions. The company’s prior...

iDreamSky talk 2014 Q4

15 Mar 2015 @ 22:35
Also details of a US$20 Million Share Repurchase Program iDreamSky Technology Limited (Nasdaq:DSKY), a Chinese mobile game publishing platform, today announced updates to its previous revenue guidance for the fourth quarter of 20141 and a share repurchase program approved by the board of directors of the Company. The Company estimates its revenue guidance for the fourth quarter of 2014 to be...

U.S. Markets Take a Dive

13 Mar 2015 @ 18:55
There are still almost three hours of trading time left in New York, but with the Dow down by more than 228 points to 17,760.87, the Nasdaq down 42.02 points to 4,851, and the S&P 500 down 20.26 points to 2,045.9, it does not appear that the day is going to end well. Normally, I would wait until the trading day was over, but at this point on this particular day, how it ends is a fait...
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