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Los Angelas, CA -- (SBWIRE) -- 10/31/2012 -- VIVUS Inc. (NASDAQ:VVUS) is a biopharmaceutical company commercializing and developing innovative, next-generation therapies to address unmet needs in obesity, sleep apnea, diabetes and sexual health in U.S., Europe and other world markets. Qsymia, which the company intends to market outside of the U.S. under the name Qsiva™, is also in phase 2 clinical development for the treatment of type 2 diabetes and obstructive sleep apnea. VIVUS, Inc. stock dropped 2.06% and closed at $17.55. The company, last week, announced that is has received the formal opinion from the European Medicines Agency’s (EMA) Committee for Medicinal Products for Human Use (CHMP) following their October 15-18 meeting. As expected, the CHMP recommended against approval of the Marketing Authorization Application (MAA) for Qsiva (phentermine/topiramate ER) for the treatment of obesity in the European Union.
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GT Advanced Technologies Inc. (NASDAQ:GTAT), formerly GT Solar International, Inc., is a worldwide provider of polysilicon production technology and crystalline ingot growth systems and related photovoltaic manufacturing services to the solar industry, and sapphire growth systems and material for the light emitting diodes (LED) and other specialty markets. GT Advanced Technologies Inc (NASDAQ:GTAT) percentage change is down -13.18% to trade at $4.45 with the traded volume of 8.34 million shares, more than average volume of 3.74 million. Its 52 weeks price change was -37.56%. Its market capitalization is $528.10 million. Its earnings per share was $1.19 with the net profit margin of 16.38% and its operating margin was 25.38%. It gained 47.80% return on equity.
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Netflix, Inc. (NASDAQ:NFLX) is an Internet subscription service streaming television shows and movies. The Company’s subscribers can watch unlimited television shows and movies streamed over the Internet to their televisions, computers and mobile devices, and in the United States, subscribers can also receive digital versatile discs (DVDs) delivered to their homes. Netflix, Inc. (NASDAQ:NFLX) shares are showing a volatile move this morning and recently rose 2.50% to $71.31 after falling 85 in the early session. On Friday, the stock rose 13% on rumors circulating among market participants that the company could be an acquisition target and the interested party could be Microsoft. Let’s see how things will go on with the struggling company, whose shares have slumped over 75% from its lifetime peak.
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JDS Uniphase Corp(NASDAQ:JDSU) slipped 4.65% to $9.85 after the Company announced first quarter results. The net loss was $11.6 million or $0.05 per share compared to $5.8 million or $0.03 per share in the prior year quarter. However, analysts expected earnings of $0.12 per share for the first quarter.Net revenue for the quarter increased 1.2% to $420.9 million.Operating margin for the quarter contracted 130 basis points to break even.
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