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Stock Market & Financial Investment News

News For HNZ;VHC;SPPI From The Last 14 Days
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May 20, 2015
10:29 EDTVHCOptions with decreasing implied volatility
Options with decreasing implied volatility: ZIOP KING ARIA CTRP WTW VHC XON KERX VIPS JCP
May 19, 2015
11:59 EDTVHCOptions with decreasing implied volatilit
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May 18, 2015
10:37 EDTVHCOptions with decreasing implied volatility
Options with decreasing implied volatility: NLNK ARWR CTRP ZIOP CLNE ARIA VHC AOL KING XON PEIX
May 14, 2015
07:01 EDTSPPISpectrum commits to review shareholder proposal
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May 12, 2015
12:34 EDTSPPIOn The Fly: Top stock stories at midday
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06:16 EDTSPPIArmistice calls for full or partial sale of Spectrum
Armistice Capital reported a 5.4% stake in Spectrum Pharmaceuticals and disclosed a letter it sent to the company's Chairman and CEO Rajesh Shrotriya as well as its board. In the letter, Armistice stated its view that Spectrum "continues to underperform its peers and that a number of opportunities exist to rectify this underperformance and create significant value for shareholders." Armistice detailed "action that management should take to reduce operating expenses, restructure the Issuer's operations to enhance efficiency and better align the incentives of management with shareholders." Armistice believes Spectrum "can create significant value for shareholders through a combination of reducing management compensation and employee headcount, significantly curtailing research and development, eliminating excessive corporate offices, and focusing on in-licensing and co-promotion opportunities." Further, Armistice requests that Spectrum initiate a complete or partial sale of the company. Shares of the biotechnology company focused on hematology and oncology closed yesterday up 38c to $6.06.
May 11, 2015
14:58 EDTVHCVirnetX down 6.6% after USPTO issues decision in patent fight with Apple
14:57 EDTVHCUSPTO sides with Apple, says certain claims of VirnetX 'unpatentable'
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09:29 EDTVHCVirnetX engages IPVALUE for patent licensing
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