Keryx Biopharmaceuticals (NASDAQ:KERX) Extends Rally – IQNT, KERX, CECO, CRR, AMRN
NEW YORK, February 1, 2013 (MESHPRESS) – Beststocksdaily.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-
Inteliquent (NASDAQ:IQNT) shares gained 6.95% to $2.77. Hedge-fund manager Clinton Group Inc. is seeking to replace the board of Inteliquent, as the investor says the company’s shareholder value has been hurt by its current management. Clinton and its affiliates currently own roughly a 5.2% stake in the company. Inteliquent previously operated under the name Neutral Tandem Inc.
Can IQNT Continue To Move Higher? Find Out Here
Keryx Biopharmaceuticals (NASDAQ:KERX) shares climbed 6.95% to $9.08 after the company, on Jan. 29, announced that it has commenced a $55 million underwritten public offering of shares of its common stock. In connection with this offering, Keryx expects to grant to the underwriters a 30-day option to purchase additional shares of common stock, equal to up to 15% of the number of shares of common stock sold in the offering.
Additionally, the company this week announced successful top-line results from the long-term Phase 3 study of Zerenex™ (ferric citrate), the Company’s ferric iron-based phosphate binder drug candidate, for the treatment of elevated serum phosphorus levels, or hyperphosphatemia, in patients with end-stage renal disease (ESRD) on dialysis.
Can KERX Extend Rally? Find Out Here
Career Education Corp. (NASDAQ:CECO) shares jumped 6.79% and closed at $3.46 in the last trading session. The company will close an online admissions center in Beaverton and lay off 124 employees. The company notified the state its American InterContinental University Online facility, located at 14600 N.W. Greenbrier Parkway, would close permanently. The affected jobs are mostly related to admissions and enrollment for AIU’s online branch, based in suburban Chicago.
Additionally, the company will report fourth-quarter 2012 financial results on Wednesday, February 27, 2013, after market close and will host a conference call Thursday, February 28, 2013 at 10:00 a.m. Eastern time.
Can CECO Extend Jump? Find Out Here
CARBO Ceramics Inc. (NYSE:CRR) shares gained 6.77% to $80.11 after the company posted a fourth-quarter net income of $19.83 million or $0.86 per share from $33.12 million or $1.43 per share in the same period last year. Revenues totaled $153.62 million, down 3% from $158.12 million in the same quarter last year. Analysts expected the company to earn $0.86 per share on revenues of $146.76 million.
Will CRR Bounce Back? Get Free Trend Analysis Here
Amarin Corporation plc (ADR) (NASDAQ:AMRN) shares climbed 6.77% and closed at $8.52 after the company, on Jan. 31, announced that the United States Patent and Trademark Office (USPTO) has published notification of Notices of Allowance for Amarin’s U.S. Patent Applications Serial Numbers 13/458,496 and 13/349,157. The allowed ’496 and ’157 applications continue to broaden our claimed methods of reducing triglycerides consistent with the FDA approved MARINE indication for Vascepa® capsules through use of a pharmaceutical composition of highly pure icosapent ethyl, or EPA.
Will AMRN Bounce Back? Get Free Trend Analysis Here
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