It was reported on 22 January 2015 that Minerva Neurosciences, Inc. (NASDAQ: NERV) announced that preliminary results from a Phase 1 clinical study showed that treatment with MIN-202, a selective orexin-2 antagonist, resulted in significant improvements in sleep onset and sleep duration in patients with comorbid insomnia related to major depressive disorder (MDD). Preliminary results from two additional Phase 1 studies also suggest that MIN-202 is well tolerated and possesses advantageous pharmacokinetic and pharmacodynamic features. On Thursday shares of Minerva Neurosciences, Inc. (NASDAQ:NERV) closed at $4.59.
Great Southern Bancorp, Inc. (NASDAQ:GSBC), will hold its 26th Annual Meeting of Stockholders on Wednesday, May 6, 2015 at 10 a.m. CDT. Great Southern Bancorp Inc. (NASDAQ:GSBC) in last trading activity advanced 7.00% to close at $37.77. Company weekly performance is -0.74% while its quarterly performance stands at 3.94%. Great Southern Bancorp Inc. (NASDAQ:GSBC) is -6.23% away from its 52 week high.
Nomura reiterated their hold rating on shares of Advanced Micro Devices (NASDAQ:AMD) in a research report released on Thursday morning. On last trading day Advanced Micro Devices, Inc. (NASDAQ:AMD) decreased -0.76% to close at $2.61. Its volatility for the week is 6.99% while volatility for the month is 5.37%. AMD’s sales growth for past 5 years was -1.80% and its EPS growth for past 5 years was 51.30%. Advanced Micro Devices, Inc. (NASDAQ:AMD) monthly performance is -1.88%.
ZTE Corporation noted that three patents of Vringo Inc. (NASDAQ:VRNG) and its subsidiaries were invalidated by the Patent Re-examination Board of the State Intellectual Property Office of the People’s Republic of China because of lack of invention. The three Vringo patents invalidated by the Patent Re-examination Board were numbered 201010526581.4, 200580010576.5 and 200580026870.5, respectively. Two other Vringo patents were invalidated last year by the board, which is also reviewing ZTE’s applications to invalidate more than 20 other Vringo patents. Vringo, Inc. (NASDAQ:VRNG) has 4.50% insider ownership while its institutional ownership stands at 21.10%. In last trading activity company’s stock closed at $0.55.
Progressive Corp. (NYSE:PGR) on Wednesday reported fourth-quarter earnings of $370.2 million. On a per-share basis, the Mayfield Village, Ohio-based company said it had profit of 63 cents. Earnings, adjusted for non-recurring gains, came to 60 cents per share. The results exceeded Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 43 cents per share. The insurer posted revenue of $5.15 billion in the period, also topping Street forecasts. Analysts expected $4.79 billion, according to Zacks. For the year, the company reported profit of $1.28 billion, or $2.15 per share. Revenue was reported as $19.17 billion. On last trading day Progressive Corp. (NYSE:PGR) advanced 0.45% to close at $26.65. Its volatility for the week is 1.93% while volatility for the month is 1.71%. PGR’s sales growth for past 5 years was 7.20% and its EPS growth for past 5 years was 84.40%. Progressive Corp. (NYSE:PGR) monthly performance is -1.73%.