On 8 December AbbVie Inc. (NYSE:ABBV) announced positive Phase-II trial results for its pipeline compound venetoclax as a treatment for acute myelogenous leukemia (AML) at the American Society of Hematology’s (ASH) 56th Annual Meeting session on Sunday. The company spent $3.3 billion in expenses related to research and development during the nine-month period ending September 2014. On last trading day AbbVie Inc. (NYSE:ABBV) decreased -1.88% to close at $64.65. Its volatility for the week is 2.16% while volatility for the month is 2.45%. AbbVie Inc. (NYSE:ABBV) monthly performance is -5.62%.
On 11 December PDL BioPharma, Inc. (NASDAQ:PDLI) announced that it expects to generate revenues of roughly $158 million in the fourth quarter of 2014, up 41% year over year. The projected revenues for the final quarter of the year include royalty payments from licensees, the estimated change in fair value of acquired royalty rights and interest revenue from notes receivable debt financings to late-stage health care companies. On last trading day PDL BioPharma, Inc. (NASDAQ:PDLI) fell -4.23% to close at $7.36. Its volatility for the week is 2.93% while volatility for the month is 3.61%. PDLI’s sales growth for past 5 years was 8.50% and its EPS growth for past 5 years was 2.30%. PDL BioPharma, Inc. (NASDAQ:PDLI) monthly performance is -7.37%.
On 15 December ManpowerGroup Inc. (NYSE:MAN) announced the appointment of Paul Read, President and Chief Operating Officer of Ingram Micro Inc., to the company’s Board of Directors. ManpowerGroup Inc. (NYSE:MAN) has 0.10% insider ownership while its institutional ownership stands at 95.40%. In last trading activity company’s stock closed at $65.88.
Altria Group Inc. (NYSE:MO) announced a quarterly dividend. Shareholders of record on Wednesday, December 24th will be paid a dividend of 0.52 per share on Friday, January 9th. This represents a $2.08 annualized dividend and a dividend yield of 4.16%. The ex-dividend date is Monday, December 22nd. Altria Group Inc. (NYSE:MO) in last trading activity fell -0.57% to close at $48.69. Company weekly performance is -3.77% while its quarterly performance stands at 6.52%. Altria Group Inc. (NYSE:MO) is -4.79% away from its 52 week high.
On 1 January Northrim Bancorp Inc. (NASDAQ:NRIM) announced Joe Beedle will become President and Chief Executive Officer of the holding company. On Monday shares of Northrim Bancorp Inc. (NASDAQ:NRIM) closed at $24.83. Company’s sales growth for last 5 years was -5.00%