|By PR Newswire||
|December 4, 2013 08:45 AM EST||
NEW YORK, December 4, 2013 /PRNewswire/ --
Market Buzz Report, provides daily stock updates, highlights notable stock news for Herbalife Ltd.(NYSE:HLF), 3D Systems Corporation(NYSE:DDD), Federal National Mortgage Association(OTCBB:FNMA), Galena Biopharma Inc(NASDAQ:GALE), Oncomed Pharmaceuticals Inc(NASDAQ:OMED).
Herbalife Ltd.(NYSE:HLF) bulls get (more) good news this afternoon as a Belgian appeals court has apparently overturned a previous ruling that found the company was in operation of an pyramid scheme. The company says it has "always believed that the first judgment contained factual errors and was based on misinterpretations of its direct-selling sales method, and was confident that the original judgment would be overturned on appeal."
Free Urgent Insider Catalyst Report For HLF Available Here: http://marketbuzzreport.com/index.php?code=HLF (Or Copy and paste the URL into your browser)
3D Systems Corporation(NYSE:DDD) has unveiled two new printers for its high-end ProJet line: the 4500 and 5500X. The former is called "the first and only continuous-tone, full-color plastic 3D printer available on the market," and the latter is said to print objects featuring "the highest quality, most accurate and toughest multi-material composites." (PRs: I, II)3D adds the 4500 prints semi-rigid plastic parts on a pixel-by-pixel basis in "high-resolution, pantone-like color," and that the 5500X prints twice as fast and produces 60% more volume than rival printers.The 4500 uses 3D's ColorJet Printing platform, and the 5500X its MultiJet Printing platform. Both are the fruits of an R&D budget that has grown rapidly as of late, following criticism 3D hasn't been spending enough on product development. Though its consumer/enthusiast-focused Cube printer line gets more press, the ProJet line still accounts for a much larger portion of 3D's printer sales.
Free Urgent Insider Catalyst Report For DDD Available Here: http://marketbuzzreport.com/index.php?code=DDD (Or Copy and paste the URL into your browser)
"In the long history of bailout deals, no heist of the U.S. taxpayer would approach this one in cynicism and chutzpah," writes Jonathan Laing of Bruce Berkowitz's buyout plan for Federal National Mortgage Association (OTCBB:FNMA) and Freddie (FMCC). One analyst calls it a "three-card monte" scheme in which the preferred holders want taxpayers to pay them off at par, or turn over the keys to the companies wildly valuable operations for little more than a $17B rights offering. Yes, Treasury will have realized $187B in dividends from the GSEs by year end - equal to the amount of the bailout - but that's "merely fair recompense for the enormous risks taxpayers took." Also, more than $80B of the $187B is the write-up of deferred tax assets - it will only be realized if the companies operate profitably for many years, says Laing.
Free Urgent Insider Catalyst Report For FNMA Available Here: http://marketbuzzreport.com/index.php?code=FNMA (Or Copy and paste the URL into your browser)
Shares of Galena Biopharma Inc(NASDAQ:GALE) are trading sharply higher. Perhaps helping to tip sentiment is SA contributor Stock Investor, who is upbeat on NeuVax, calling the outlook for the breast cancer vaccine "tremendous."The author also thinks "the launch of Abstral in the U.S. will help to fund the GALE pipeline and could have the potential to be a large revenue generator."
Free Urgent Insider Catalyst Report For GALE Available Here: http://marketbuzzreport.com/index.php?code=GALE (Or Copy and paste the URL into your browser)
Oncomed Pharmaceuticals Inc(NASDAQ:OMED) announces a development and commercialization agreement with Celgene (CELG). The deal includes demcizumab and "up to six anti-cancer stem cell product candidates."OMED gets $177.25M upfront ($22.25M equity investment).OMED also keeps "global co-development and U.S. co-commercialization rights for five of the six anti-CSC product candidates with 50/50 U.S. profit sharing, and royalties to be received in other territories."CELG has an exclusive option on demcizumab subsequent to which OMED will "co-develop [the drug and] share global development costs on a 1/3 OMED and 2/3 CELG basis."
Free Urgent Insider Catalyst Report For OMED Available Here: http://marketbuzzreport.com/index.php?code=OMED (Or Copy and paste the URL into your browser)
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