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NASDAQ Market News

Annual Trading Forecast on Amazon (2015)

05 Mar 2015 @ 23:18
Amazon shares (NASDAQ:AMZN) is currently racing north, and this is a bias that should continue this year. The bullish strength began in January and became particularly stronger at the end of January 2015. Since February, the price has gone further north and it is now consolidating. The consolidation is a normal reduction in the momentum of the market and when momentum does increase again, the...

Calithera Biosciences cuts new deal with TransTech Pharma

05 Mar 2015 @ 23:07
For TransTech Pharma’s Hexokinase II Inhibitor Program Calithera Biosciences, Inc. (Nasdaq:CALA), a clinical-stage pharmaceutical company focused on discovering and developing novel small molecule drugs directed against tumor metabolism and tumor immunology targets for the treatment of cancer, announced today an exclusive global license agreement with TransTech Pharma, a clinical stage...

Oritani Financial unveils fourth Share repurchase plan

04 Mar 2015 @ 21:06
Repurchase of up to 5% of its outstanding shares of common stock Oritani Financial Corp. (Nasdaq:ORIT), the holding company for Oritani Bank , today announced that its Board of Directors has authorized the repurchase of up to 5% of its outstanding shares of common stock, or 2,205,451 shares. In conjunction with the commencement of a fourth repurchase plan, the Company also announced the...

WisdomTree launches Europe hedged SmallCap Equity Fund

04 Mar 2015 @ 21:03
Industry’s First ETF for European Small Cap Equity Exposure Without the Euro WisdomTree (Nasdaq:WETF), an exchange-traded fund and exchange-traded product sponsor and asset manager, today announced the launch of the WisdomTree Europe Hedged SmallCap Equity Fund (EUSC) on the NYSE Arca. EUSC seeks to provide exposure to small capitalization stocks within European equity markets while...

iKang announces two acquisitions in Tianjin

03 Mar 2015 @ 21:13
Aims to continue its nationwide network expansion iKang Healthcare Group(Nasdaq:KANG) today announced that it had completed the acquisitions of Tianjin Hexi Kangmeng Hezhong Clinic Co., Ltd. and Tianjin Hedong District REMAHO Clinic Co., Ltd., which were set up in 2008 and 2009, respectively. Each of them operates a well-established medical center in Tianjin which provides medical examination...

Trinity Biotech announces results for Q4 and FY 2014

03 Mar 2015 @ 21:08
2014 Revenues Grow by 15% Trinity Biotech (Nasdaq:TRIB), a developer and manufacturer of diagnostic products for the point-of-care and clinical laboratory markets, today announced results for fiscal year 2014 and the quarter ended December 31, 2014. Fiscal year 2014 Results: Total revenues for fiscal year 2014 were $104.9m versus $91.2m in 2013, an increase of 15.0% year on year. Point-of-care...

Wintrust Financial set to purchase Community Financial Shares

02 Mar 2015 @ 22:37
Waht are the details? Wintrust Financial Corporation (Nasdaq:WTFC) today announced the signing of a definitive agreement to acquire Community Financial Shares, Inc. CFIS is the parent company of Community Bank-Wheaton/Glen Ellyn, an Illinois-state chartered bank, which operates four banking locations in Wheaton and Glen Ellyn, Illinois. Since its formation in 1994, CBWGE has an exemplary...

SunOpta to acquire Citrusource?

02 Mar 2015 @ 22:34
Indeed they are. SunOpta Inc. (Nasdaq:STKL) (TSX:SOY), a global company focused on organic and healthy foods today announced it has signed a definitive agreement to acquire Citrusource, LLC.. The acquisition transaction closed contemporaneously with the execution of the definitive agreement. Citrusource is a leading supplier of premium not-from-concentrate private label organic and...

KYTHERA Biopharmaceuticals announces 2014 operating results

02 Mar 2015 @ 22:32
Net loss was $24.2 million for the fourth quarter of 2014 and $135.6 million for the year KYTHERA Biopharmaceuticals, Inc. (Nasdaq:KYTH) today reported financial results for its quarter and year ended December 31, 2014. “Last year KYTHERA achieved many milestones and this year we continue our upward momentum. Most notably, we filed our New Drug Application for ATX-101 in the U.S., and...

FTSE, NASDAQ and Russell Hit New Highs

02 Mar 2015 @ 19:10
Lately the U.S. and UK markets have been getting excitinger and excitinger. I know that’s bad grammar, but I just can’t help it. It’s exciting! We’ve been watching the FTSE 100 as we promised. (Obviously we would do that anyway.) But we can’t ignore the NASDAQ and the Russell 2000, both of which are reaching new heights today. First, the Footsie After hitting a...
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