ReachLocal Stock Up 187% On Acquisition News

ReachLocal Stock Up 187% On Acquisition News
ReachLocal Inc. (NASDAQ: RLOC) shares spiked 187% on news of its shares being acquired by Gannett Co. (NYSE: GCI) for $4.60 per share in cash. The transaction is subject to customary closing conditions, including the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and there being validly tendered and not withdrawn in the tender offer... Read More

Fibrocell on the Rebound

Fibrocell on the Rebound
In a sea of red in the market place today following the UK’s decision to leave the European Union so aptly named Brexit, one stock managed to find its way to greener pastures. Fibrocell Science Inc. (NASDAQ: FCSC) was up 33% by market close, recovering from a 36% drop in its share price on June 8th after the Company revealed... Read More

Lpath Awarded $1.45 Million Grant

Lpath Awarded $1.45 Million Grant
Lpath, Inc. (NASDAQ: LPTN) share price surged over 43% to $0.91 on nearly 10 Million shares traded after announcing the Company has been awarded a $1.45 million two-year grant by the Defense Medical Research and Development Program (DMRDP), an agency of the U.S. Department of Defense (DoD). Lpath has developed three drug candidates, has advanced all three into clinical trials,... Read More

Aegerion and QLT Agree to Strategic Merger

Aegerion and QLT Agree to Strategic Merger
Aegerion_Pharmaceuticals, Inc. (NASDAQ:AEGR) and QLT Inc. (NASDAQ:QLTI) both received a well needed bump in the share price, although Aegerion benefited most with a 28% pop while closing at $1.71, up $0.38 with nearly 13 Million shares traded. The two companies entered into a definitive merger agreement under which Aegerion will be merged with a wholly owned indirect subsidiary of QLT,... Read More

Clinton vs Trump: Dictator or Deal Maker? What Will It Mean for the Markets?

Clinton vs Trump: Dictator or Deal Maker? What Will It Mean for the Markets?
Clinton: Clinton has been campaigning on reform and change with an emphasis on restoring the middle class. Wall Street excesses must be reigned in and only she can make this happen she says. With her experience in the White House and as Secretary of State in the Obama administration, she posits that she is the only candidate with the experience that... Read More