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Los Angelas, CA -- (SBWIRE) -- 10/25/2012 -- Overseas Shiphold (NYSE:OSG) are trading at $1.31 and is -77.33% from its 50-day Moving Average price of $5.7783 and -84.12% from its 200-day Moving Average price of $8.2519. The average trading volume is 1338340 shares and its market capitalization is $40.5M. The Company and its executives violated federal securities laws by disclosing misguided statements regarding the Company's business prospects and as a result, violated Generally Accepted Accounting Principles and the U.S. Securities and Exchange Commission rules. The Company announced that their financial statements for the past three years should no longer be relied upon after reviewing the Company's tax issues related to the Company's domicile in the U.S. and its substantial international operations. The financial review occurred when the director and audit committee member of the Company resigned due to a disagreement with the Board as to the process of reviewing these tax issues.
Can OSG Recover Further ? Find Out Here
BG Medicine, Inc. (NGM:BGMD) is -0.03 - -1.27% from the previous close of $2.37. It traded between $2.23 - 2.3999 with total traded volume of 66082 shares. At Current Market Price, BGMD is in distance of -31.11% from its 50-day Moving Average price of $3.3969 and -54.78% from its 200-day Moving Average price of $5.1749. BG Medicine (NASDAQ:BGMD): BG Medicine announced that they have entered into an agreement with Kindstar Diagnostics Co. Ltd., the largest esoteric diagnostic testing business in China, that will enable Kindstar to offer Galectin-3 testing services for heart failure management in China. In the United States, the BGM Galectin-3 test was cleared by the Federal Drug Administration as an aid in assessing the prognosis of patients with chronic heart failure.
Should Investor Buy BGMD Now : Find Out Here
Mondelez Internat (NasdaqNM:MDLZ) is -0.15 - -0.56% from the previous close of $26.68. It traded between $26.45 - 26.76 with total traded volume of 10768054 shares. Keep a close eye on MDLZ, as the stock has been showing unusual moves over the past weeks. At Current market price, MDLZ has recovered +0.30% from its 52-week Low of 26.45 and has Pulled back -37.64% from its 52-week high of 42.54. Mondelez International, Inc. (NASDAQ: MDLZ) today announced the appointment of Patrick T. Siewert to its Board of Directors. Siewert, 57, is Managing Director, Asia Buyout, Consumer and Retail, at The Carlyle Group, L.P., a global asset management firm.
How Should Investors React To DNN Now? Find Out Here
iRobot Corporatio (NasdaqNM:IRBT) is -4.32 - -19.08% from the previous close of $22.64. It traded between $17.77 - 19.74 with total traded volume of 1798580 shares. At Current Market Price, IRBT is in distance of -23.28% from its 50-day Moving Average price of $23.8786 and -20.38% from its 200-day Moving Average price of $23.009. Stock in iRobot Corp. (Nasdaq: IRBT) declined 20 percent Wednesday morning after the company announced late Tuesday that it will have lower-than-expected 2012 revenues, that it’s closing its Durham, N.C.-plant and laying off 13 percent of its workforce. Matt Lloyd, spokesman for the Bedford-based company, told Mass High Tech that the company has closed down the maritime operations in North Carolina, where it produced its Seaglider robot for defense. The company is stopping production of those robots immediately, he said, and moving the unit to its Bedford headquarters. All 80 of the company’s layoffs of full-time employees are from that office, and 11 contractors were also affected, said Lloyd.
Should Investor Buy IRBT This Range : Click Here
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