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Los Angelas, CA -- (SBWIRE) -- 10/16/2012 -- Shares of ChipMOS TECHNOLOG (NCM:IMOS) are trading at $12.79 and is -12.32% from its 50-day Moving Average price of $14.5869 and +0.15% from its 200-day Moving Average price of $12.7704. The average trading volume is 175022 shares and its market capitalization is $349.3M. ChipMOS Technologies (Bermuda) Ltd(NASDAQ:IMOS) shares declined 8.71% to $12.79 in the morning hour after the company announced that it expects consolidated revenue for the fourth quarter of 2012 to be approximately flat to 5% lower, as compared to the third quarter of 2012, reflecting continued growth in its LCD driver and flash memory testing businesses, offset by continued broader softness in the memory market, which is decreasing the Company’s commodity DRAM assembly business. The Company reported revenues of NTD5.139 billion in the third quarter 2012.
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Sarepta Therapeut (NGM:SRPT) is very active today and traded between $25.57 - 29.00 with total traded volume of 6733699 shares. At a current price of 27.36, SRPTis +0.25 - +0.92% from the previous close of $27.11. Moreover, At Current Market Price, SRPT is in distance of +41.64% from its 50-day Moving Average price of $19.3171 and +200.33% from its 200-day Moving Average price of $9.1098. Sarepta Therapeutics (SRPT) presented phase IIb data over the weekend indicating that its eteplirsen treatment for Duchenne Muscular Dystrophy is effective. Piper Jaffray believe that the medication has the potential for accelerated approval and keeps its Overweight on Sarepta with a price target of $38. In a report published Monday, Wedbush Securities reiterated its Outperform rating and $70 price target on Sarepta Therapeutics.
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Shares of Renesola Ltd. Com (NYSE:SOL) are trading at $1.25 and is -13.83% from its 50-day Moving Average price of $1.4506 and -17.65% from its 200-day Moving Average price of $1.5178. The average trading volume is 306698 shares and its market capitalization is $107.9M. ReneSola Ltd ("ReneSola") (NYSE:SOL), a leading global manufacturer of solar photovoltaic ("PV") modules and wafers, today announced that it has shipped 10 MW of its high-quality solar modules to saferay GmbH ("saferay"), a leading large-scale PV power plant installer in Germany. Under the terms of the agreement, ReneSola is delivering a total of 10 MW of its 245 W and 250 W multicrystalline solar modules directly to saferay for use in a new PV power plant near Schwarzheide in Brandenburg, Germany.
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Dyax Corp. (NGM:DYAX) reported EPS of -0.43. For the Current Fiscal year, the company is expected to report EPS of -0.35. For the Next Quarter and Next Year, the company is expected to report EPS of -0.08 and -0.14 respectively. At Current Market Price, DYAXis in distance of +14.58% from its 50-day Moving Average price of $2.4611 and +31.57% from its 200-day Moving Average price of $2.1433. Dyax Corp (NASDAQ:DYAX) augmented 18.49% to $2.82 on a traded volume of 244k shares.Last month, Dyax Corpand Kadmon Corporationentered into a strategic licensing agreement in which Kadmon has been granted an exclusive worldwide license for the development and commercialization of the fully human monoclonal antibody DX-2400. Under the terms of the agreement, Dyax will receive an upfront paymentand is eligible for significant development and commercial milestone payments.
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