Galmed Pharmaceuticals Ltd. (NASDAQ:GLMD) (“Galmed”), a clinical-stage biopharmaceutical company focused on the development and commercialization of a once-daily, oral therapy for the treatment of liver diseases and cholesterol gallstones announced that Josh Blacher, Chief Financial Officer, presented a company overview at the Seventh Annual Biotech Showcase™ conference in San Francisco, California on Wednesday, January 14, 2015. On Friday shares of Galmed Pharmaceuticals Ltd. (NASDAQ:GLMD) closed at $6.41.
Altera Corporation (NASDAQ:ALTR) announced fourth quarter sales of $479.9 million, down 4 percent from the third quarter of 2014 and up 6 percent from the fourth quarter of 2013. Fourth quarter net income was $111.1 million, $0.36 per diluted share, compared with net income of $118.0 million, $0.38 per diluted share, in the third quarter of 2014 and $98.9 million, $0.31 per diluted share, in the fourth quarter of 2013. Altera Corp. (NASDAQ:ALTR) in last trading activity fell -2.64% to close at $34.26. Company weekly performance is 0.82% while its quarterly performance stands at 4.26%. Altera Corp. (NASDAQ:ALTR) is -11.36% away from its 52 week high.
Open Text Corporation (NASDAQ:OTEX) a global leader in Enterprise Information Management (EIM), announced two major cloud initiatives. First, OpenText’s EIM portfolio, which has been powering the world’s largest businesses and governments for over 20 years, is now available in a subscription model powered by the OpenText Cloud. With the new subscription model, OpenText extends its cloud services to offer customers greater flexibility in purchase and deployment. On last trading day Open Text Corporation (NASDAQ:OTEX) moved up 0.36% to close at $58.60. Its volatility for the week is 2.15% while volatility for the month is 2.22%. OTEX’s sales growth for past 5 years was 15.60% and its EPS growth for past 5 years was 27.80%. Open Text Corporation (NASDAQ:OTEX) monthly performance is 0.96%.
Canaccord Genuity lowered shares of Abraxas Petroleum Corp. (NASDAQ:AXAS) from a buy rating to a hold rating in a report released on Friday, TheFlyOnTheWall.com reports. Canaccord Genuity currently has $2.75 price objective on the stock, down from their previous price objective of $4.00. Abraxas Petroleum Corp. (NASDAQ:AXAS) has 1.10% insider ownership while its institutional ownership stands at 53.80%. In last trading activity company’s stock closed at $2.91.
Nexstar Broadcasting Group, Inc. (NASDAQ:NXST) announced that its wholly-owned subsidiary, Nexstar Broadcasting, Inc. (“Nexstar Broadcasting”), upsized and priced an offering of $275.0 million in aggregate principal amount (an increase of $25 million over the amount previously announced) of 6.125% new senior notes due 2022 (the “Notes”). The sale of the Notes is expected to be completed on or about January 29, 2015, subject to customary closing conditions. On last trading day Nexstar Broadcasting Group, Inc. (NASDAQ:NXST) moved up 0.19% to close at $52.22. Its volatility for the week is 3.94% while volatility for the month is 3.30%. NXST’s sales growth for past 5 years was 12.00% and its EPS growth for past 5 years was 53.50%. Nexstar Broadcasting Group, Inc. (NASDAQ:NXST) monthly performance is 0.99%.