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Traders' Recap: Celsion Corporation, Spectrum Pharmaceuticals, Inc., Cimatron Ltd., Hercules Offshore, Inc

 
 
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Lakeway, TX -- (SBWIRE) -- 02/19/2013 -- vbtrendreport.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:-

Celsion Corporation (NASDAQ:CLSN) shares fell 4.55% to $1.26 in the last trading session. The company, on Feb. 5, announced that Zheijang HISUN Pharmaceutical Company (HISUN) does not plan to pursue the exclusive option to license ThermoDox for the Greater China market. Accordingly, the parties will not enter into the exclusive license agreement, and Celsion will not receive nor will it require any future payment for the option or license, as contemplated in the Exclusive Option Agreement announced on Jan. 22, 2013.

How Should Investors Trade CLSN After The Solid Jump? Let’s Find Out Here

Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) shares fell 4.44% to $11.63 in the last trading session. The company announced it will host a teleconference and webcast with management to discuss the fourth quarter and fiscal year 2012 financial results, provide an update on the Company's business, and discuss expectations for the future on Thursday, February 21, 2013 @ 1:30 p.m. Eastern/10:30 a.m. Pacific.

Is SPPI Ready To Jump Again After The Solid Momentum? Get Free Trend Analysis Her

Cimatron Ltd. (NASDAQ:CIMT) shares fell 4.12% to $11.17 in the last trading session. The company, on Feb. 5, announced that its Board of Directors has approved a cash distribution of NIS 1.54 (approximately US$0.42) per share on outstanding ordinary shares, representing a total distribution of approximately $3.9 million. The distribution is payable on March 5th, 2013 to shareholders of record at the close of business on February 15th, 2013.

Additionally, the company announced that it will be releasing its fourth quarter financial results on Tuesday, February 19th, 2013, before the US markets open.

Is CIMT A Buy After The Recent Price Movement? Find Out Here

Hercules Offshore, Inc. (NASDAQ:HERO) shares fell 4.06% to $7.09 in the last trading session. The company, on Feb. 12, reported a fourth-quarter profit of $4.3 million, or three cents a share, compared with a year-earlier loss of $21.5 million, or 16 cents a share. Higher day rates, the daily price operators pay to rent a drilling rig or vessel, added to Hercules' revenue, which climbed 24% to $202.6 million during the quarter.

Is HERO a Buy At The Current Market Price? Don’t Miss Out Our Special Coverage Here

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