On 15 December Exact Sciences Corporation (NASDAQ:EXAS) announced that it agreed to sell 4,000,000 shares of its common stock to Jefferies LLC and Robert W. Baird & Co. as underwriters in an underwritten public offering. Exact Sciences Corporation (NASDAQ:EXAS) in last trading activity fell -2.37% to close at $26.79. Company weekly performance is -2.93% while its quarterly performance stands at 39.90%. Exact Sciences Corporation (NASDAQ:EXAS) is -10.61% away from its 52 week high.
Deutsche Bank lowered shares of Avanir Pharmaceuticals, Inc. (NASDAQ:AVNR) from a buy rating to a hold rating in a report released on Wednesday. Deutsche Bank currently has $17.00 price objective on the stock. On last trading day Avanir Pharmaceuticals, Inc. (NASDAQ:AVNR) fell -0.06% to close at $16.94. Its volatility for the week is 0.24% while volatility for the month is 0.37%. AVNR’s sales growth for past 5 years was 93.90% and its EPS growth for past 5 years was -2.10%. Avanir Pharmaceuticals, Inc. (NASDAQ:AVNR) monthly performance is 0.12%.
On 11 December YOU On Demand Holdings, Inc. (NASDAQ:YOD) announced a strategic partnership with Southern Media Corporation (“SMC”), to deliver feature films to SMC’s 3GTV mobile video platform. The mobile video platform currently serves 6 million subscribers through China Mobile, China Unicom and China Telecom in Guangdong, a province which has the largest mobile service and movie box office in China. YOU On Demand Holdings, Inc. (NASDAQ:YOD) has 30.82% insider ownership while its institutional ownership stands at 10.70%. In last trading activity company’s stock closed at $2.15.
On 18 December JMP Group Inc. (NYSE:JMP) announced that it intends, subject to the closing of the reorganization transaction described below, for its successor company (“JMP Group LLC”) to declare a monthly cash distribution of $0.035 per share to shareholders of record on the last business day of each of January, February and March, 2015. On Friday shares of JMP Group Inc. (NYSE:JMP) closed at $7.90. Company’s sales growth for last 5 years was 19.00% and EPS growth for next 5 years is recorded as 18.00%.
Rite Aid Corporation (NYSE:RAD) EVP Tony Montini sold 49,525 shares of the company’s stock in a transaction dated Monday, December 29th. The stock was sold at an average price of $7.47, for a total transaction of $369,951.75. Following the sale, the executive vice president now directly owns 537,476 shares of the company’s stock, valued at approximately $4,014,946. Rite Aid Corporation (NYSE:RAD) in last trading activity increased 1.46% to close at $7.63. Company weekly performance is 5.10% while its quarterly performance stands at 52.91%. Rite Aid Corporation (NYSE:RAD) is -11.48% away from its 52 week high.