Dallas, TX -- (SBWIRE) -- 03/15/2013 -- Marketbuzzreport.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-
Dynavax Technologies Corporation (NASDAQ:DVAX) shares gained 5.69% to $2.23. The company, on Feb. 25, announced that it received a Complete Response Letter (CRL) from the U.S. Food and Drug Administration (FDA or Agency) regarding its Biologic License Application (BLA) for HEPLISAV, an investigational adult hepatitis B vaccine. In the CRL, the FDA specified that the indication in adults 18-70 years of age cannot be approved without further evaluation of safety in this broad age group.
Is DVAX a Strong Buy After The Recent Gain? Let’s Find out Here
Finisar Corporation (NASDAQ:FNSR) shares jumped 5.60% to $14.71. 3S PHOTONICS and Finisar Corporation on Mar. 12 announced their formal agreement to launch a partnership for the development of a new packaging platform for 980nm cooled laser pump modules.
Additionally, the company, on Mar. 7, reported a higher quarterly profit, helped by an increase in demand for its fiber optic products. Net profit grew to $16.3 million, or 17 cents per share, in the third quarter from $14.2 million, or 15 cents per share, a year earlier. Revenue for the third-quarter rose 2.7 percent to $238.4 million.
Is FNSR a Strong Buying Opportunity After The Recent Slump? Find out Here
Rex Energy Corporation(NASDAQ:REXX) shares gained 5.57% and closed at $15.53. The company, on Feb. 26, announced that for the first quarter of 2013, it expects production of 71.5 - 73.5 MMcfe/d and for fiscal 2013, the production is expected to be between 90.5 - 94.5 MMcfe/d. The company is an independent oil and gas company operating in the Appalachian Basin and Illinois Basin. In the Appalachian Basin, the Company is focused on its Marcellus Shale drilling projects and Utica Shale and Upper Devonian Shale exploration activities.
Should Investors Consider REXX After The Recent price Action? Get Free Trend Analysis Here
Quantum Corp(NYSE:QTM) shares climbed 5.56% to $1.33. The company, on Feb. 27, announced that Framestore, a leading visual effects and computer animation studio, has selected Quantum's StorNext® File System and StorNext Storage Manager™ for its high-performance workflow and digital content archive. With StorNext software, Framestore can collaborate seamlessly on its entire workspace of 130 TB of content, as well as automatically migrate assets across the entire workflow from edit to archive, resulting in a 30-60 percent increase in productivity.
Should Investors Consider QTM After The Recent price Action? Get Free Trend Analysis Here
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