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Los Angelas, CA -- (SBWIRE) -- 10/12/2012 -- Lexicon Pharmaceuticals, Inc.(NASDAQ:LXRX) stock climbed 10.46% to $2.64 in the pre-market hour after the company announced positive, top-line data from a recently completed Phase 2 study in carcinoid syndrome with telotristat etiprate. Results from the trial will be presented at the North American Neuroendocrine Tumor Society on October 13, 2012 in San Diego, California.The primary efficacy endpoint of the trial was the reduction of bowel movements from baseline in patients with metastatic carcinoid syndrome who were refractory to or could not tolerate somatostatin analog therapy. Patients experienced a 46.4% median reduction from baseline at week 12, with the number of daily bowel movements steadily decreasing over time.Lexicon Pharmaceuticals Inc. (LXRX, $2.61, +$0.22, +9.20%) said top-line results from a midstage study for telotristat etiprate, its investigational new drug to treat carcinoid syndrome, were positive. The drug currently has fast track status and orphan drug designation for the U.S. Food and Drug Administration, and orphan drug designation from the European Medicines Agency.
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JB Hunt Transport Services Inc. (NASDAQ:JBHT) is up 6.92% today at $58.59. JBHT has traded 1.9 million shares so far today, well above its daily average of 1.08 million shares. JBHT shares are rallying today after posting a revenue beat for the third quarter. The company has a market cap of 6.91 billion.J.B. Hunt Transpo (NasdaqNM:JBHT) is +4.0936 - +7.47% from the previous close of $54.79. It traded between $57.52 - 59.47 with total traded volume of 2585875 shares. Keep a close eye on JBHT, as the stock has been showing unusual moves over the past weeks. At Current market price, JBHThas recovered +47.10% from its 52-week Low of 40.03 and has Pulled back -3.75% from its 52-week high of 61.18.
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McMoRan Exploration Co. (NYSE:MMR) is up 6.88% today at $12.11. MMR has traded 1.4 million shares so far today and trades 2.3 million shares a day on average. MMR shares are up more than $1.50 a share over the past five days. The company has a market cap of 1.95 billion.McMoRan Exploration Co announced that it has declared the following cash dividends payable on November 15, 2012 to holders of record as of November 1, 2012 on its preferred stocks: $14.375 per share of MMR’s 5 3/4% Convertible Perpetual Preferred Stock. $20.00 per share of MMR’s 8% Convertible Perpetual Preferred Stock.
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STMicroelectronics N.V. (ADR)(NYSE:STM) shares climbed 9.04% to $6.15 in the early hour. The company is evaluating a breakup of the company that may lead to a sale of its struggling mobile-phone chip business. The company may split its analog business, which makes chips and sensors used in products from cars to video-game consoles, from its digital assets, which focus on semiconductors used in set-top boxes, televisions and handsets.Additionally, Exane BNP Paribas upgraded shares of STM from an underperform rating to a neutral rating in a report released this week.STM p 12.94% in pre market trading at $6.37.STM has traded 123 thousand shares so far today and trades 1.4 million shares a day on average. The company has a market cap of 5 billion.
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