News

XenoPort, Inc. (NASDAQ:XNPT) shares jumped 56.36% on Tuesday's US session followed by an additional 0.29% increase to $6.90 in after-hours trading. XenoPort, Inc. (NASDAQ:XNPT) shares are now trading near their 52-week high of $7.86 after the company announced Arbor Pharmaceutical's acquisition plans. Arbor will purchase all outstanding shares at $7.03...

Flex Pharma Inc (NASDAQ:FLKS) shares advanced 11.08% on Friday to $12.43 after the company printed stronger than expected earnings figures. Flex Pharma Inc (NASDAQ:FLKS) is a biotechnology company that develops treatments for nocturnal leg cramps, muscle cramps and spasms associated with severe neuromuscular conditions, and exercise associated muscle cramps. Its...

Cheetah Mobile Inc (ADR) (NYSE:CMCM) shares fell 11.29% on Friday to $10.14 even with slightly stronger than expected first-quarter earnings data from the company. Cheetah Mobile Inc (ADR) (NYSE:CMCM) reported approximately $172.9 million in revenue for the period, reflecting solid year-over-year growth of 63% and a 110.5% pickup in mobile revenue....

Otonomy Inc (NASDAQ:OTIC) shares rose 17.71% to $13.76 on Friday, following reports that the company was granted approval for its pass-through payments. On May 20, Otonomy Inc (NASDAQ:OTIC) announced that the Centers for Medicare and Medicaid Services (CMS) has approved transitional pass-through status. In addition, CMS established a new billing code for...

Incontact Inc (NASDAQ:SAAS) shares rallied by 53.50% on Wednesday to $13.83 after the company entered into an agreement with NICE Systems. Incontact Inc (NASDAQ:SAAS) will be acquired by NICE Systems for $14 per share in cash, amounting to a 55% premium from the stock's previous closing price. The deal was...