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Los Angelas, CA -- (SBWIRE) -- 11/29/2012 -- Vermillion, Inc. (NASDAQ:VRML), the molecular diagnostics company which developed and currently markets the test, had reported positive top-line results of the study in July. Vermillion Inc. (VRML) said results from a study of its ovarian cancer test were positive. The publication of the OVA500 study advances our strategic plan to increase physician adoption and payer coverage, leading to incorporation of OVA1 into the standard of care for ovarian cancer," interim Chief Executive Bruce A. Huebner said. Shares, which earlier set off a single-stock circuit breaker, soared 41% to $1.68 in recent trading. The stock has risen 40% so far this year. The study investigated the performance of the company's OVA1 test--which is used to detect ovarian cancer in pelvic masses that have already been determined to require surgery--in the presurgical detection of malignancy among 494 women. Vermillion said sensitivity across all types of ovarian cancers was 96% when OVA1 was added to routine clinical assessment, a result that was nearly identical to the first pivotal study. Within the test group OVA1 identified 83% of cancers missed by clinical assessment and 71% of cancers missed by CA125, a protein that may be elevated in the blood of patients with certain types of cancers. On Tuesday, Vermillion said it had named Mr. Huebner, a company director, as its interim CEO, succeeding Gail S. Page. In May, the ovarian cancer and vascular medicine focused molecular diagnostics company said that it had begun a search for Ms. Page's successor.
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NCR Corporation announced a definitive agreement for NCR to acquire Retalix Ltd. (NasdaqNM:RTLX), a leading global provider of innovative retail software and services, for a cash purchase price of $30.00 per Retalix share, implying a transaction value of approximately $650 million.The addition of Retalix will strengthen NCR’s global leadership position in the retail industry, and builds upon its successful integration of Radiant Systems into the NCR portfolio of solutions. This acquisition demonstrates NCR’s commitment to its strategy and continued transformation to a hardware-enabled, software-driven business model, delivering solutions that materially improve business processes while enabling seamless consumer experiences across touch points, locations, and channels. The transaction is expected to accelerate NCR’s corporate strategy by increasing the portfolio mix of higher-margin software and services, enabling increased value for our customers, and continued growth and improved margins for NCR shareholders. The Stock Currently traded between $22.02 - 30.39 with total traded volume of 708230 shares. Keep a close eye on RTLX, as the stock has been showing unusual moves over the past weeks. At Current market price, RTLX has recovered +112.08% from its 52-week Low of 13.91 and has Pulled back -2.93% from its 52-week high of 30.39.
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Sauer-Danfoss Inc. (NYSE:SHS) today announced that its board of directors has approved a cash dividend of $0.35 per share. The dividend, for the quarter ended December 31, 2012, is payable on January 15, 2013, to stockholders of record as of December 28, 2012. Sauer-Danfoss Inc. is a worldwide leader in the design, manufacture, and sale of engineered hydraulic and electronic systems and components for use primarily in applications of mobile equipment. Sauer-Danfoss, with 2011 revenues of approximately $2.1 billion, has sales, manufacturing, and engineering capabilities in Europe, the Americas, and the Asia-Pacific region. Shares of Sauer-Danfoss Inc (NYSE:SHS) are trading at $52.72 and is +32.33% from its 50-day Moving Average price of $39.8403 and +37.41% from its 200-day Moving Average price of $38.3666. The average trading volume is 147606 shares and its market capitalization is $2.555B.
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Green Mountain Coffee Roasters (NASDAQ:GMCR), which sells specialty coffee products including K-cup packs, reported better-than-expected quarterly earnings. The results sent shares screaming higher and short-sellers running for the hills. Green Mountain said fiscal fourth quarter earnings came in at $91.9 million (58 cents per share), compared to $75.4 million (47 cents per share) in the same period last year. Excluding items, the company earned 64 cents per share, easily beating the average Wall Street estimate of 48 cents per share.With an extra week in the quarter to improve financial results, Green Mountain also impressed analysts on the top line. Net sales jumped 33 percent to $946.7 million in the fourteen weeks ended September 29, 2012. Analysts were only expecting net sales of $902.7 million. In the thirteen weeks ended September 24, 2011, the company reported net sales of $711.9 million.
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