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Scottsdale, AZ -- (SBWIRE) -- 02/01/2013 -- Boston Scientific Corporation (NYSE:BSX) surged +2.19% and closed at $7.47 with the new high traded volume of 35.79 million shares. BSX has market cap of 10.13 billion and its beta value stands at 1.04 times.
Boston Scientific Corporation (NYSE:BSX) reported a 43.9% drop in quarterly earnings due to lower sales. However results exceeded market expectations. Earnings for the fourth quarter were $60 million or $0.04 per share. In the fourth quarter, net sales dropped 1.5% to $1.821 billion. For the year 2012, sales declined 5%. Eliminating the influence of foreign currency and sales from divested businesses, sales shrank 1%.
For How Long BSX will Fight for Profitability? Read This Trend Analysis report
Keryx Biopharmaceuticals (NASDAQ:KERX) reported the gain of +6.95% to close at $9.08 and its overall traded volume was 30.43 million shares more than the average volume of 7.51 million. Stock price 52 weeks high was $9.98.
Keryx Biopharmaceuticals Inc declared the initiation of a $55 million underwritten public offering of shares of its common stock. Keryx expects to endow to the underwriters a 30-day option to acquire additional shares of common stock in connection with this offering, equivalent to 15% of the number of shares of common stock sold in the offering.
What was the Moving Force behind KERX On Bullish Run? Read This Research Report
Chimera Investment Corporation (NYSE:CIM) jumped +1.33% with the closing price of $3.05. The overall volume in the last trading session was 21.38 million shares. Its fifty two week range was $1.81-$3.16. The total market capitalization remained $3.13 billion.
CIM is ahead its 52 week low with 80.38% and its last month price volatility remained 2.50%. Its beta coefficient was 1.31 with a target price of $2.67. CIM has insider ownership of 0.12% with its institutional ownership remained 47.11%. Company’s current year earnings per share grew with 1.37% while the five year EPS growth rate was +12.67%.
Why Should Investors Buy CIM After The Recent Gain? Just Go Here and Find Out
Ericsson (ADR) (NASDAQ:ERIC) reported the gain of +8.72% and closed at $11.60 with the overall traded volume of 20.12 million shares beating the average volume of 4.53 million. ERIC has earnings per share of $0.65 and its price to earnings ratio ended at 17.81.
For How Long ERIC’s Gloss will Attract Investors? Find out via this report
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