Top Wall Street Stories: EPIRUS Biopharmaceuticals (NASDAQ:EPRS), Applied Materials (NASDAQ:AMAT), Cover-All Technologies Inc. (NYSEMKT:COVR), Extreme Networks (NASDAQ:EXTR), CIFC Corp. (NASDAQ:CIFC)


On Tuesday shares of EPIRUS Biopharmaceuticals, Inc. (NASDAQ:EPRS) closed at $9.25. Company’s sales growth for last 5 years was 3.60%. EPIRUS Biopharmaceuticals, Inc. (Nasdaq:EPRS) announced financial results for the fourth quarter and fiscal year ended December 31, 2014. Research and Development (R&D) expenses were $4.8 million for the fourth quarter of 2014 compared to $2.4 million for the fourth quarter of 2013, an increase of $2.4 million. This increase was primarily the result of development, manufacturing and commercialization expenses related to BOW015, as well as the advancement of other pipeline products.

Applied Materials, Inc. (NASDAQ:AMAT) in last trading activity decreased -0.31% to close at $23.90. Company weekly performance is -1.30% while its quarterly performance stands at -3.61%. Applied Materials, Inc. (NASDAQ:AMAT) is -6.81% away from its 52 week high. On March 17, Applied Ventures, LLC, the venture capital arm of Applied Materials, Inc. (NASDAQ:AMAT) announced that it has participated in a Series B financing round for RayVio Corporation, an advanced UV light emitting diode (LED) solutions company developing proprietary semiconductor-based technology for manufacturing solid state ultraviolet (SSUV) LED products and applications.

On last trading day Cover-All Technologies Inc. (NYSEMKT:COVR) moved up 2.00% to close at $1.02. Its volatility for the week is 4.19% while volatility for the month is 4.98%. COVR’s sales growth for past 5 years was 7.20% and its EPS growth for past 5 years was -42.60%. Cover-All Technologies Inc. (NYSEMKT:COVR) monthly performance is -4.67%. On March 13, Cover-All Technologies Inc. (NYSEMKT:COVR) provided an update of its previously announced merger with Majesco. Manish D. Shah, Cover-All’s President and Chief Executive Officer, stated: “I am pleased to announce that Cover-All’s merger with Majesco continues to make progress. We have been informed by Majesco that on March 5, 2015, Mastek Ltd received shareholders’ and creditors’ approval to proceed with the demerger of the insurance business from Mastek and the reorganization under Majesco. The final approval of Majesco’s demerger from Mastek is expected to be completed by May 2015.”

Extreme Networks Inc. (NASDAQ:EXTR) has 1.60% insider ownership while its institutional ownership stands at 77.50%. In last trading activity company’s stock closed at $3.22. Extreme Networks Inc. (NASDAQ:EXTR) announced that its Purview™ breakthrough application analytics platform has been voted by readers as the best New Product of the Year 2015 at the Network Computing Awards held in London. Purview helps organizations make rapid and informed decisions to improve business efficiency, IT operations and the user experience.

On last trading day CIFC Corp. (NASDAQ:CIFC) decreased -0.49% to close at $8.14. Its volatility for the week is 4.56% while volatility for the month is 2.94%. CIFC’s sales growth for past 5 years was -44.30% and its EPS growth for past 5 years was 15.00%. CIFC Corp. (NASDAQ:CIFC) monthly performance is 1.50%. CIFC Corp. (NASDAQ:CIFC) declares a cash dividend of $0.10 per share. The dividend will be paid on April 15, 2015 to shareholders of record as of the close of business on April 2, 2015.


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