NASDAQ Market News

Part of Its “Back-to-Basics” Plan SmartPros Ltd. (Nasdaq:SPRO), an accredited professional education and corporate training, today released an update regarding its “Back to Basics” plan. The plan includes “reducing staffing in certain areas; closing, selling or reducing certain verticals of our business; and re-purposing resources to areas”. Allen Greene...

Manufacturer of Ground Support Equipment for the Aviation Industry Curtiss-Wright Corporation (NYSE:CW) today announced that it has sold the assets of its Douglas Equipment (Douglas) business to a subsidiary of Textron Inc. (NYSE:TXT). “This transaction aligns with our stated objective to divest non-core operations as part of our previously outlined operating margin improvement...

AG-120 would be the second investigational medicine licensed by Celgene Agios Pharmaceuticals, Inc. (Nasdaq:AGIO), a firm focused on cancer metabolism and rare genetic disorders of metabolism, today announced that its collaboration partner Celgene Corporation has agreed that it will exercise its option to obtain an exclusive license outside the United States for AG-120, a first-in-class...

Reports Fourth Quarter Same Store Sales Decrease of 0.5% – Narrows Fourth Quarter Earnings Guidance to a Range of $0.14 – $0.16 per Diluted Share, Including Charges of $0.03 Big 5 Sporting Goods Corporation (Nasdaq:BGFV), a leading sporting goods retailer, today reported sales results for the fiscal 2014 fourth quarter and full year ended December […]

Get the lowdown on the new man in charge of finances Arrhythmia Research Technology, Inc. (NYSE MKT:HRT), operating through its wholly-owned subsidiary, Micron Products, Inc., a manufacturer of highly engineered, complex components, devices and equipment for OEM customers announced today the appointment of Mr. Derek T. Welch as the Company’s Chief Financial Officer effective January...

What is going on? On January 5, 2015, Asta Funding, Inc. (Nasdaq:ASFI), a consumer receivable asset management and liquidation company, received a staff determination letter from the Nasdaq stating that the Company was not in compliance with its rules for continued listing, Rule 4310(c)(14), because it has not timely filed its Annual Report on Form […]

BP contributes $143 billion to US economy and supports nearly 220,000 jobs BP’s business activities in the US helped generate close to $143 billion in economic impact in 2013 and currently support nearly 220,000 American jobs, according to the company’s US Economic Impact Report 2014. Released today, BP’s new report provides a detailed, state-by-state look […]

Facebook stock (NASDAQ:FB) was bullish for most of the last year, though the bears also showed their strength in some cases. Price tried to move further upwards in December 2014, but this was rejected and things turned bearish. This novel bearish outlook should not be belittled because it may translate into a significant bearish run. […]

++BREAKING NEWS++ Cempra, Inc. (Nasdaq:CEMP), a clinical-stage pharmaceutical company focused on developing antibiotics to meet critical medical needs in the treatment of bacterial infectious diseases, today announced its intention to offer and sell shares of its common stock with an aggregate public offering price of approximately $100 million in an underwritten public offering pursuant to...

Joins the exchange Metabolix, Inc. (Nasdaq:MBLX), an advanced biomaterials company focused on sustainable solutions for the plastics industry, today announced that it received a positive determination from the Nasdaq Stock Market on January 5, 2015 granting approval of the Company’s request to transfer its listing to the Nasdaq Capital Market from the Nasdaq Global Market. […]