Shares of Signal Genetics, Inc. (SGNL) are higher by nearly 32% to $1.75 in early market trading on Wednesday after the company announced its plans to sign a Master Service Agreement with a leading biopharmaceutical company, to deploy its MyPRS test.
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Heron Therapeutics, Inc. (HRTX) shares are up 21.28% to $40.70 after the biotech reported positive top-line results from phase 2 study of its anesthetic and anti-inflammatory drug HTX-011 in the management of post-operative pain. Heron said its product significantly lowered pain following bunion removal surgery.
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Citrix Systems, Inc. (CTXS) — The cloud computing company targeted by activist hedge fund Elliott Management is making one last attempt at selling itself as a whole before selling its individual assets, Reuters reported, citing people familiar with the situation. The stock rose 2.70 percent to $74.05 in early trading after falling 1.04% on Tuesday.
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SunEdison, Inc. (SUNE) – The solar panel maker has signed a power purchase agreement with data center operator Equinix (EQIX) for 150 megawatts of new solar power.
The deal covers all 12 of Equinix’s California data center.
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First Niagara Financial Group Inc. (FNFG) is a big mover this session, as its shares are up nearly 13%. The surge came after news the company has hired JPMorgan (JPM) to explore sale.
According to Bloomberg, FNFG has a market cap of about $3.18 billion, based on the number of shares outstanding at the end of the second quarter.
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