Exelixis, Inc. (NASDAQ:EXEL) declared its collaborator Genentech, a member of the Roche Group, has finalized the filing of its New Drug Application with the U.S. Food and Drug Administration for cobimetinib, a particular MEK inhibitor discovered by the firm, in grouping with vemurafenib for earlier untreated patients with unresectable locally advanced or metastatic melanoma harboring a BRAF V600 mutation. Exelixis, Inc. (NASDAQ:EXEL) in last trading activity increased 14.58% to close at $1.65. Company weekly performance is 27.91% while its quarterly performance stands at 9.27%. Exelixis, Inc. (NASDAQ:EXEL) is -80.38% away from its 52 week high.
On Deck Capital, Inc. (NYSE: ONDK), a leading online platform for small business lending, on 16 December 2014 announced that it has priced its initial public offering of 10,000,000 shares of its common stock at a price to the public of $20.00 per share. The shares are expected to begin trading on The New York Stock Exchange on December 17, 2014 under the ticker symbol “ONDK.” The closing of the offering is expected to occur on December 22, 2014, subject to customary closing conditions. On last trading day On Deck Capital Inc (NYSE:ONDK) increased 6.55% to close at $23.90. Its volatility for the week is 5.43%.
Ship Finance International Limited (NYSE:SFL) reported that Seadrill Ltd (NYSE:SDRL) has exercised a purchase option for an ultra-deepwater drilling unit, the “West Polaris.” The purchase option price is $456 million. Ship Finance International Limited (NYSE:SFL) has 0.08% insider ownership while its institutional ownership stands at 35.10%. In last trading activity company’s stock closed at $14.67.
China Mobile Hong Kong has selected Ericsson (NASDAQ:ERIC) as the sole supplier to enhance its converged 4G mobile LTEFDD/TDD radio and Evolved Packet Core networks, introducing new capabilities including voice-over-LTE(VoLTE), plus the Ericsson Charging System, Evolved IP network solution and the vendor’s Proactive Support Services. Ericsson (NASDAQ:ERIC) in last trading activity moved down -0.41% to close at $12.05. Company weekly performance is -2.03% while its quarterly performance stands at -3.52%. Ericsson (NASDAQ:ERIC) is -9.26% away from its 52 week high.
Alcatel-Lucent SA (ADR) (NYSE:ALU) announced that Laura Quatela, former President and co-COO of Kodak, has been appointed as ALU’s Executive Vice President of Intellectual Property. Given Kodak’s demise, and the sale of what were once considered its most lucrative patent assets for a mere fraction of their estimated intrinsic value, it will be interesting to see how Quatela plans to monetize ALU’s patent portfolio. ALU’s failed monetization deal with RPX in 2012 fell short of expectations, and it did little to bolster ALU’s licensing efforts. Alcatel Lucent SA (ADR) (NYSE:ALU) in last trading activity increased 1.13% to close at $3.59. Company weekly performance is -2.18% while its quarterly performance stands at 22.53%. Alcatel Lucent SA (ADR) (NYSE:ALU) is -22.29% away from its 52 week high.