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Watch List: Neostem (NASDAQ:NBS), Genworth Financial (NYSE:GNW), Denbury Resources Inc. (NYSE:DNR), AXT Inc. (NASDAQ:AXTI), DURECT Corporation (NASDAQ:DRRX)
On 30 October Neostem, Inc. (NASDAQ:NBS) announced financial results for the third quarter of 2014. Total revenue for the three months ended September 30, 2014 was $4.1 million, up 11% percent from $3.7 million for the prior year period. Clinical Services and reimbursable revenue, representing approximately $3.1 million of total revenues, increased 6% compared with…
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Healthcare Gainers: Geron Corporation (NASDAQ:GERN), Neostem (NASDAQ:NBS), OXiGENE (NASDAQ:OXGN), CorMedix (NYSEMKT:CRMD), Coronado Biosciences (NASDAQ:CNDO)
Geron Corporation (NASDAQ:GERN), a clinical-stage biopharmaceutical company, announced that it has entered into an exclusive worldwide license and collaboration agreement with Janssen Biotech, Inc., a unit of Johnson & Johnson (JNJ) for the development and commercialization of its sole pipeline candidate, imetelstat. Geron Corporation (NASDAQ:GERN) in last trading activity advanced 19.48% to close at $2.76.…
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Worth Watching Stocks: Valero Energy Corporation (NYSE:VLO), Neostem (NASDAQ:NBS), Enbridge Inc. (NYSE:ENB), Capstead Mortgage Corp. (NYSE:CMO), Corrections Corporation of America (NYSE:CXW)
Valero Energy Corporation (NYSE:VLO) has trimmed its capital expenditure (capex) guidance for 2014 to $2.9 billion from $3 billion. Roughly one-fourth of that amount is being spent on logistics and improved crude oil-processing capability, according to company executives. The refining company expects capex for 2015 to be as much as $2.8 billion. Industrial Info is…
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Trader’s Recap: Freeport-McMoRan Inc. (NYSE:FCX), Duke Energy Corporation (NYSE:DUK), Citrix Systems (NASDAQ:CTXS), Neostem (NASDAQ:NBS), Speed Commerce (NASDAQ:SPDC)
On 3 November Freeport-McMoRan Inc. (NYSE:FCX) announced that it has completed its previously announced sale of its 80 percent ownership interest in the Candelaria/Ojos del Salado copper mining operations and supporting infrastructure to Lundin Mining Corporation (TSX:LUN) (Nasdaq OMX:LUMI) for cash consideration of $1.8 billion, before closing adjustments. The transaction has an effective date of…