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Stock Market & Financial Investment News

News Breaks
March 1, 2013
14:12 EDTHSPHospira reports Chief Scientific Officer Ramachandra resigning
Hospira announced that Royce Bedward has been promoted to the role of corporate vice president, general counsel and secretary, effective immediately. In another organizational move, Hospira announced that Sumant Ramachandra, M.D., Ph.D., is resigning from his position as senior vice president and chief scientific officer, effective March 8. Ramachandra has served in this role since 2008. The company said it has initiated a search for his successor and instituted an interim reporting structure.
News For HSP From The Last 14 Days
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May 21, 2013
09:25 EDTHSPFDA sends warning letter to Hospira over adulterated devices
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May 20, 2013
15:56 EDTHSPCubist move higher attributed to patent construction in suit against Hospira
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15:42 EDTHSPCubist options active on speculation of a favorable patent ruling
Cubist (CBST) June 55 calls and June 47 puts are active on total call volume of 3K contracts (3K puts). June call option implied volatility is at 37, August is at 40; compared to its 26-week average of 36 according to Track Data. Active option volume suggests traders taking positions for movement on speculation of a favorable patent ruling vs.Hospira (HSP).
15:28 EDTHSPRumor: Cubist up on speculation of a favorable patent ruling vs.Hospira
May 14, 2013
09:10 EDTHSPHospira reappoints Dr. Sumant Ramachandra to Chief Scientific Officer
Ramachandra has been reappointed to his role as Senior VP and Chief Scientific Officer effective May 17. Ramachandra returns to Hospira after a brief departure earlier this year.
May 12, 2013
13:29 EDTHSPApotex recalls Hospira injectable drugs on health risks
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May 8, 2013
10:57 EDTHSPICU Medical jumps after report says company considering sale
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