Lakeway, TX -- (SBWIRE) -- 03/06/2013 -- Bestdamnpennystocks, 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:-
SandRidge Energy Inc. (NYSE:SD) moved down 4.53% and closed at $5.48 on a traded volume of 10.81 million shares. SandRidge Energy, Inc. announced that it has closed the sale of its Permian Basin properties to Sheridan Holding Company II, LLC for total cash proceeds of $2.6 billion. The effective date of the sale is January 1, 2013. During the fourth quarter of 2012, the divested properties produced approximately 23 MBoe per day. The Company expects to use proceeds of the sale to reduce debt and for general corporate purposes.
How Should Investors Trade SD After The Recent Volatile Moves? Find Out Here
Delcath Systems, Inc. (NASDAQ:DCTH) went down 4.52% and closed at $1.69 on a traded volume of 2.89 million shares. Delcath Systems announced that the U.S. Food and Drug Administration's Oncologic Drugs Advisory Committee will review the Company's pending New Drug Application for a drug/device combination product with the proposed trade name Melblez KitTM for Injection for use with the Delcath Hepatic Delivery System. The ODAC meeting will be convened May 2, 2013, to review the NDA with a proposed indication for the treatment of patients with unresectable ocular melanoma that is metastatic to the liver.
Is DCTH Showing Any Sign of Buy At The Current Market Price? Get Our Free Trend Analysis Here
Warner Chilcott Plc (NASDAQ:WCRX) moved down 4.35% and closed at $13.18 on a traded volume of 12.53 million shares. The Company announced that its Executive Vice President and Chief Financial Officer, Paul Herendeen, is scheduled to speak at the 2013 Goldman Sachs Leveraged Finance Healthcare Conference on March 6th.
Can WCRX Rebound After The Recent Slump and Investors Can Make Money? Find Out Here
PositiveID Corporation (OTC: PSID) decreased 4.21% to $0.0182 on a traded volume of 3.08 million shares. Recently, the Company has entered into an agreement to license its iglucose technology to Smart Glucose Meter Corp. for up to $2 million based on potential future revenues of glucose test strips sold by SGMC. These revenues will range between $0.0025 and $0.005 per strip. A person with diabetes who tests three times per day will use over 1,000 strips per year.
Is PSID Ready To Move Back To New Highs This Year? Find Out Here
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