Notable Movers: (AMEX
AL), (NYSE:KWK), (NASDAQ:ZGNX), (NASDAQ PHM), (NASDAQ:ONTY)
PHM), (NASDAQ:ONTY)" rel="nofollow" href="http://www.nismagazine.com/notable-movers-amexpal-nysekwk-nasdaqzgnx-nasdaqpphm-nasdaqonty/12924/#respond"> No comments Press Releases Tagged: (AMEX
AL) , (NASDAQ:ONTY) , (NASDAQ PHM) , (NASDAQ:ZGNX) , (NYSE:KWK) , North American Palladium Ltd , Oncothyreon Inc. , Peregrine Pharmaceuticals , Quicksilver Resources Inc , Zogenix New York, NY — (NISMAGAZINE) — 01/02/2013 — North American Palladium Ltd (USA) (AMEX AL) shares soared 11.50% at $1.45. The company, on Dec. 13, announced that Mr. Jeffrey Swinoga has resigned as Vice President Finance and Chief Financial Officer, effective January 4, 2013, to pursue a Chief Financial Officer position at another public company. The Company”s finance team has excellent depth and experience to oversee financial management until a new chief financial officer is named.
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Quicksilver Resources Inc (NYSE:KWK) shares increased 2.10% to $2.95. Zacks reissued their neutral rating on shares of Quicksilver in a research report released on Dec. 25. Zacks currently has a $3.50 price target on the stock. Additionally, analysts at Macquarie upgraded shares of Quicksilver Resources from an underperform rating to a neutral rating in a research note to investors on Nov. 16. They now have a $2.50 price target on the stock.
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Zogenix, Inc. (NASDAQ:ZGNX) stock climbed 2.26% to $1.36. Last month, U.S. regulators said that ZGNX’s pure hydrocodone painkiller Zohydro may be abused at a greater rate if approved than combination products on the market. Food and Drug Administration staff asked outside advisers in a report today to weigh the effectiveness of the extended- release pill against its risk of abuse.
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Peregrine Pharmaceuticals(NASDAQ PHM) shares gained 5.30% to $1.38. Zacks upgraded shares of Peregrine from a neutral rating to an outperform rating in a research report sent to investors last week. The firm currently has $1.50 price target on the stock. The company is a biopharmaceutical company developing monoclonal antibodies for the treatment and diagnosis of cancer.
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Oncothyreon Inc (USA) (NASDAQ:ONTY) shares increased 2.60% to $1.97. The company, on Dec. 19, announced that the pivotal Phase 3 clinical trial of L-BLP25 (formerly referred to as Stimuvax) known as START did not meet its primary endpoint of an improvement in overall survival in patients with unresectable, locally advanced stage IIIA or stage IIIB non-small cell lung cancer (NSCLC). The trial was conducted by Merck Serono, a division of Merck KGaA of Darmstadt, Germany, under a license agreement with Oncothyreon.
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