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Results Report In Focus: Amgen, Cytokinetics, Biogen Idec, Cosi, Sigma Designs, Geron, Halozyme Therapeutics

Amgen, Inc. (NASDAQ:AMGN) and Cytokinetics, Inc. (NASDAQ:CYTK) extended Amgen’s license for omecamtiv mecarbil in addition to related compounds to include Japan, with Amgen approving to give Cytokinetics $25M as part of an expanded license deal.

Shares of Amgen, Inc. (NASDAQ:AMGN) opened at $98.97 with 749.98 million outstanding shares and touched its highest price of $99.50 during the day and then finished at $96.37 by scoring -1.59%. In the whole session, it traded on volume of 2.57 million shares which turned lower than its average volume.

Cytokinetics, Inc. (NASDAQ:CYTK) stock hit highest price at $1.49, beginning with a price of $1.46 and reported a gain of +10.24% to the closed at $1.40 with a day range of $1.29-$1.49. The total market capitalization remained $205.08 million, total volume of 6.34 million shares held in the session was surprisingly higher than its average volume of 974,799 shares.

Citi cutes its rating for Biogen Idec Inc. (NASDAQ:BIIB) to neutral amid valuation concerns, amid other factors. As its shares plunged -7.39%

Biogen Idec Inc. (NASDAQ:BIIB) begun last trade with a price of $217.70 and throughout the trading session climbed at a high of $218.90. The day-trade ended with a dropped of -7.39% to $206.55. The stock is going forward its 52 week low with 56.47% and lagging behind from its 52 week high price with -14.87%. BIIB last month stock price volatility remained 3.56%.

Fast-casual restaurant chain Cosi Inc (NASDAQ:COSI) released a restructuring plan whereas also naming Executive Chairman Stephen Edwards as its new CEO and president, after the resignation of Carin Stutz.

Cosi Inc (NASDAQ:COSI) stock hit highest price at $2.40, beginning with a price of $2.29 and reported a loss of -11.86% to the closed at $2.08 with a day range of $2.06-$2.40. The total market capitalization remained $38.07 million, total volume of 223,393 shares held in the session was surprisingly higher than its average volume of 120,446 shares.

Sigma Designs Inc (NASDAQ:SIGM) reported on Wednesday that its Q1 net loss of $4.5M or $0.13 a share, lower than $13.7M or $0.42 a share in the similar quarter previous year.

Sigma Designs Inc (NASDAQ:SIGM) stock hit highest price at $5.30, beginning with a price of $5.20 and reported a gain of +1.16% to the closed at $5.24 with a day range of $5.11-$5.30. The stock is going forward its 52 week low with 21.86% and lagging behind from its 52 week high price with -27.22%.

Geron Corporation (NASDAQ:GERN) stock hit highest price at $1.16, beginning with a price of $1.16 and reported a loss of -0.87% to the closed at $1.14 with a day range of $1.13-$1.16. The total market capitalization remained $148.69 million, total volume of 442,298 shares held in the session was surprisingly lower than its average volume of 691,731 shares.

Halozyme Therapeutics, Inc. (NASDAQ:HALO) begun last trade with a price of $6.70 and throughout the trading session climbed at a high of $6.73. The day-trade ended with a decreased of -3.61% to $6.40. The stock is going forward its 52 week low with 25.27% and lagging behind from its 52 week high price with -61.87%. HALO last month stock price volatility remained 4.65%.


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