Top Stories: Avalanche Biotechnologies (NASDAQ:AAVL), AVEO Pharmaceuticals (NASDAQ:AVEO), McKesson Corporation (NYSE:MCK), The Blackstone Group L.P. (NYSE:BX), Electro Scientific Industries (NASDAQ:ESIO)


On Monday shares of Avalanche Biotechnologies, Inc. (NASDAQ:AAVL) closed at $41.75. Avalanche Biotechnologies, Inc. (NASDAQ:AAVL) announced that Thomas W. Chalberg, Jr., Ph.D., Founder and Chief Executive Officer, presented at Barclays Global Healthcare Conference on Tuesday, March 10, 2015 at 2:30 p.m. EDT in Miami, FL.

AVEO Pharmaceuticals, Inc. (NASDAQ:AVEO) in last trading activity fell -10.00% to close at $1.26. Company weekly performance is -19.23% while its quarterly performance stands at 85.29%. AVEO Pharmaceuticals, Inc. (NASDAQ:AVEO) is -37.62% away from its 52 week high. On March 06,AVEO Oncology (NASDAQ:AVEO) reported financial results for the full year ended December 31, 2014. AVEO ended 2014 with $52.3 million in cash and cash equivalents. otal collaboration revenue for 2014 was approximately $18.1 million compared with $1.3 million for 2013. The increase was primarily due to recognition of an additional $13.7 million of previously deferred revenue as a result of the modification of the Company’s arrangement with Biogen Idec.

On last trading day McKesson Corporation (NYSE:MCK) advanced 2.18% to close at $229.54. Its volatility for the week is 1.60% while volatility for the month is 1.35%. MCK’s sales growth for past 5 years was 5.20% and its EPS growth for past 5 years was 14.60%. McKesson Corporation (NYSE:MCK) monthly performance is 2.23%. McKesson (NYSE:MCK) has earned a “BBB+” credit rating from Morningstar. The investment research firm’s “BBB+” rating indicates that the company is a moderate default risk. They also gave their stock a three star rating.

On Monday shares of The Blackstone Group L.P. (NYSE:BX) closed at $38.32. Company’s sales growth for last 5 years was 31.40% and EPS growth for next 5 years is recorded as -10.65%. Blackstone (NYSE:BX) and 233 South Wacker LLC announced that they had signed a definitive agreement for Blackstone Real Estate Partners VII to acquire Chicago’s Willis Tower. Further terms of the transaction were not disclosed.

Electro Scientific Industries Inc. (NASDAQ:ESIO) in last trading activity decreased -0.77% to close at $6.44. Company weekly performance is -0.62% while its quarterly performance stands at -14.59%. Electro Scientific Industries Inc. (NASDAQ:ESIO) is -35.53% away from its 52 week high. Electro Scientific Industries, Inc. (NASDAQ:ESIO), announced a corporate restructuring that will streamline its manufacturing and development operations. The restructuring will result in the closure of the assembly plant and development center located in Chelmsford, Massachusetts, and overall staff reductions of approximately 45 employees. Products currently developed and manufactured in the Chelmsford plant will be transferred to other corporate facilities.


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