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Pharmaxis shares soar on German deal
2015-05-18 10:30:20| Biotech - Topix.net
Biotech Pharmaxis has sold an anti-inflammatory drug it was developing to Germany's Boehringer Ingelheim in a deal worth up to $750 million. The news pushed Pharmaxis shares to a two year high, gaining 8.5 cents, or 51.5 per cent, to 25 cents.
Pall shares soar on talk of sale
2015-05-12 20:02:20| Industrial Machines - Topix.net
Shares of Port Washington-based filter maker Pall Corp. shot up nearly $20 today after The Wall Street Journal reported the company is taking steps that could lead to an imminent sale. The Journal indicated Pall was in the midst of an auction with Waltham, Mass.-based Thermo Fisher Scientific and Washington, D.C.-based Danaher where Pall's current CEO had worked.
Gevo shares soar after airline agrees to purchase biofuel
2015-05-08 01:43:27| Airlines - Topix.net
Gevo Inc., a U.S. biofuel producer backed by the French oil company Total SA, more than doubled after Alaska Air Group Inc. agreed to buy its renewable jet fuel. Gevo rose 107 percent to $5.08 in afternoon trading after earlier gaining as much as 150 percent, the most intraday since the company's 2011 public offering.
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SIM sales soar as Myanmar races to catch up in telecoms
2015-05-06 18:42:57| Telecom - Topix.net
Myanmar, long one of the world's least connected nations in terms of telecommunications, is now racing to catch up, providing a boost to the foreign mobile companies allowed into the country last year. The number of mobile phone SIM cards in the south-east Asian country of 51 million people has shot up to more than 18 million from around one million just three years ago, according to data compiled by Reuters.
Nasdaq Hits 5000 As Stocks Soar; JetBlue, Skyworks Take Flight
2015-05-02 02:34:12| Semiconductors - Topix.net
The Nasdaq rallied 1.2% to climb back above 5000, while the S&P 500 and Dow Jones industrial average were up 1% each. Volume was tracking lower across the board in the stock market today .
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