Paulson Takes Stake in Synergy Pharmaceuticals (SGYP)
Post# of 25
Posted On: 05/17/2015 3:40:41 AM
The price of the stock of Synergy Pharmaceuticals, Inc. (SGYP) surged more than 12% during extended-hours trading Friday after billionaire John Paulson's hedge fund Paulson & Co. disclosed in a regulatory filing ( Form 13F-HR ) with the Securities and Exchange Commission (SEC) that it added 2,095,600 shares of SGYP to its investment portfolio during the first quarter 2015, representing a 2.11% stake in the biopharmaceutical company.
SGYP is focused on the development of novel therapies to treat gastrointestinal diseases and disorders.
More about Synergy Pharmaceuticals, Inc. (SGYP) at www.synergypharma.com.
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After the closing bell on Friday, Petroleo Brasileiro S.A. - Petrobras (PBR) reported better-than-expected quarterly profit in its financial results.
For the first quarter 2015, PBR posted net profit of R$5.33 billion (aprox. $1.78 billion), a 1.2% decrease year over year but well above the R$2.5 billion average forecast by analysts in a Reuters survey.
According to PBR, its quarterly earnings decreased mainly as a result of the exchange rate devaluation in the period.
PBR operates as an integrated energy company in Brazil and internationally.
More about Petroleo Brasileiro S.A. - Petrobras (PBR) at www.petrobras.com.br
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Crown Equity Holdings Inc. (CRWE) provides marketing solutions that boost customer awareness and merchant visibility on the Internet. The company is currently developing its CRWE Network ( www.CRWE-PR.com ), a growing network of community targeted sites.
It has recently included Cotati, CA ( www.cotati.crwe-pr.com ) into the CRWE Network.
Cotati is an incorporated city in Sonoma County, California, located about 45 miles north of San Francisco in the 101 corridor between Rohnert Park and Petaluma.
The City of Cotati had an estimated population in 2010 (U.S. Census) of 7,265, and represents an important marketplace for the CRWE Network, which business model is based on selling advertising to businesses targeting both locally and nationally
The CRWE Network has reached the 1487th community website in the U.S. and includes coverage in the states of California, Mississippi, Michigan, Florida, Nevada and New York, as well as across 10 provinces in Canada.
The CRWE-PR Business Directory portal ( www.BusinessDirectory.crwe-pr.com ) is the company’s business directory service that is available to all United States and Canada business in the public and private sector. It allows business owners and executives the ability to claim their business listings and provide more detailed information for their potential customers who visit the CRWE Network everyday.
More about Crown Equity Holdings Inc. (CRWE) at www.crownequityholdings.com
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Disclaimer: CRWE-PR Finance is not a registered investment adviser. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Investors should always conduct their own due diligence with any potential investment, with independent research and other professional advice. Read Full Disclaimer at CRWE-PR Finance www.finance.crwe-pr.com/disclaimer
SGYP is focused on the development of novel therapies to treat gastrointestinal diseases and disorders.
More about Synergy Pharmaceuticals, Inc. (SGYP) at www.synergypharma.com.
**
After the closing bell on Friday, Petroleo Brasileiro S.A. - Petrobras (PBR) reported better-than-expected quarterly profit in its financial results.
For the first quarter 2015, PBR posted net profit of R$5.33 billion (aprox. $1.78 billion), a 1.2% decrease year over year but well above the R$2.5 billion average forecast by analysts in a Reuters survey.
According to PBR, its quarterly earnings decreased mainly as a result of the exchange rate devaluation in the period.
PBR operates as an integrated energy company in Brazil and internationally.
More about Petroleo Brasileiro S.A. - Petrobras (PBR) at www.petrobras.com.br
**
Crown Equity Holdings Inc. (CRWE) provides marketing solutions that boost customer awareness and merchant visibility on the Internet. The company is currently developing its CRWE Network ( www.CRWE-PR.com ), a growing network of community targeted sites.
It has recently included Cotati, CA ( www.cotati.crwe-pr.com ) into the CRWE Network.
Cotati is an incorporated city in Sonoma County, California, located about 45 miles north of San Francisco in the 101 corridor between Rohnert Park and Petaluma.
The City of Cotati had an estimated population in 2010 (U.S. Census) of 7,265, and represents an important marketplace for the CRWE Network, which business model is based on selling advertising to businesses targeting both locally and nationally
The CRWE Network has reached the 1487th community website in the U.S. and includes coverage in the states of California, Mississippi, Michigan, Florida, Nevada and New York, as well as across 10 provinces in Canada.
The CRWE-PR Business Directory portal ( www.BusinessDirectory.crwe-pr.com ) is the company’s business directory service that is available to all United States and Canada business in the public and private sector. It allows business owners and executives the ability to claim their business listings and provide more detailed information for their potential customers who visit the CRWE Network everyday.
More about Crown Equity Holdings Inc. (CRWE) at www.crownequityholdings.com
**
Disclaimer: CRWE-PR Finance is not a registered investment adviser. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Investors should always conduct their own due diligence with any potential investment, with independent research and other professional advice. Read Full Disclaimer at CRWE-PR Finance www.finance.crwe-pr.com/disclaimer
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