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Los Angelas, CA -- (SBWIRE) -- 12/11/2012 -- TNS, Inc. (NYSE:TNS) entered into a definitive merger agreement to be acquired by an investor group led by Siris Capital Group in a transaction valued at approximately $862 million. Siris will acquire all of the outstanding common shares of TNS for $21.00 per share in cash.
Can TNS Extend This Massive Gain? Find Out Here
Acura Pharmaceuticals Inc. (NASDAQ:ACUR) are up 54.69% to $3.79 on trading volume of 5.8 million shares. The company announced Monday it is now selling a decongestant with pseudoephedrine that is more difficult to use as an ingredient in methamphetamine. The 52-week high is $4.23.
How Should Investors React To ACUR Now? Find Out Here
Somaxon Pharmaceuticals Inc (NASDAQ:SOMX) soared 2.05% and closed at $1.49.The Company announced third quarter results. Net product sales were $2.1 million compared to net product sales of $3.7 million in the third quarter of 2011.Total operating costs and expenses for the third quarter of 2012 were $6.6 million.Cost of product sales was $0.2 million compared to $0.5 million in the comparable prior year period. Gross profit was $1.9 million compared to $3.2 million in the third quarter of 2011.The net loss was $4.5 million or a loss of $0.65 per share compared to net loss of $17.0 million or a loss of $2.86 per sharein the third quarter of 2011.
How Should Investors Trade SOMX After Today’s Rally? Find Out Here
BG Medicine (NASDAQ:BGMD) exploded higher this morning vaulting this small company headlong into the media cycle and away from Fiscal Cliff talk at least for a minute. There has been a ton of hope for BG Medicine (NASDAQ:BGMD) in 2012 as shares started out the year at $5 p/s traded up to a hopeful $8 before sliding most of the year to recent lows near $1. Todays action gets it halfway back and recoups some of the selloff for shareholders. The stock was 118% higher at last look.
Can BGMD Continue To Move Higher? Find Out Here
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