New York, NY -- (SBWIRE) -- 09/10/2013 -- Stock Market Leader is a premiere destination for Investors and novice alike who wish to receive information on fast moving stocks and undiscovered companies. Today we have covered following companies – Sunedison Inc (NYSE:SUNE), Zalicus Inc (NASDAQ:ZLCS)
Sunedison Inc (NYSE:SUNE) shares are currently trading at $7.70 on volume of 3.93 million. The manufacturer of silicon wafers recently reported that its board has approved an IPO of its semiconductor business to form SunEdison Semiconductor, Inc. as the company wants to focus its high-margin solar power segment.
Where SUNE is Headed Exactly? Find out in This Trend Analysis Reports
Sunedison will sell a minority ownership in its newly established semiconductor business through a public offering and intends to use the proceeds to invest in solar farm segment. The latest move came as other solar companies have started focusing the business of developing solar farms due to declining solar panel prices. SUNE has a market capitalization of 1.81 billion.
Zalicus Inc (NASDAQ:ZLCS) announced today that it has started a Phase 1b clinical trial with its novel oral T-type calcium channel blocker, Z944 in an experimental clinical model of neuropathic pain with the help of Laser-Evoked Potentials (LEP).
Is ZLCS a Solid Investment at These Levels? Read This Report For Details
Results from the LEP test are expected to come during the fourth quarter of this year. Zalicus shares slipped 7.06 percent to $0.781 in the current trading session on volume of 2.60 million. The company has a market capitalization of 105.21 million.
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