Yokohama City University Buys Second Cray XC50-AC Supercomputer

Yokohama City University Buys Second Cray XC50-AC Supercomputer

Cray Inc. (CRAY) was unchanged in late Wednesday trading, with shares of the supercomputer manufacturer receiving little apparent help from the company’s announcement that Yokohama City University in Japan has purchased and put a Cray XC50-AC supercomputer into production at its Advanced Medical Research Center. In addition to work on computational drug-discovery research, the university expects to use its Cray system for atomic-level molecular simulations of proteins, nucleic acids, and […]

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Amphastar Pharma Gains After-Hours After Getting FDA Approval for Sodium Bicarbonate Injection

Amphastar Pharma Gains After-Hours After Getting FDA Approval for Sodium Bicarbonate Injection

Amphastar Pharma (AMPH) advanced in extended trading on Wednesday after the specialty pharmaceutical company said the U.S. Food and Drug Administration has granted approval of its abbreviated new drug application (ANDA) for Sodium Bicarbonate injection 8.4% in the 50 mL Luer-Jet Prefilled Syringe System. Shares rose as much as 2.8%. For the past 40 years, the company has sold and marketed the product under the “grandfather” exception to the FDA’s […]

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Nikkei 225 Sheds 0.29% On Profit-Taking,

Nikkei 225 Sheds 0.29% On Profit-Taking,

The Nikkei 225 Thursday slipped back 0.29% after three days of gains, as traders booked profits after the release of soft mainland Chinese economic data, and a statement from North Korea that it would “sink” Japan and reduce the United States to “ashes and darkness” for supporting a UN Security Council resolution and sanctions over its latest nuclear test. In other news, Japan Prime Minister Shinzo Abe, in India on […]

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Cadence Design Systems’ Entry into S&P 500 Among Index Changes Set For Next Week

Cadence Design Systems’ Entry into S&P 500 Among Index Changes Set For Next Week

Cadence Design Systems (CDNS) will replace Staples (SPLS) in the S&P 500, S&P SmallCap 600 constituent ILG Inc. (ILG) will replace Cadence Design Systems in the S&P MidCap 400, and Meta Financial Group Inc. (CASH) will replace ILG in the S&P SmallCap 600 effective prior to the open on Monday, Sept. 18. Also, The Brink’s Co. (BCO) will replace VCA Inc. (WOOF) in the S&P MidCap 400. Mars is buying […]

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Consumer Stocks Drifting With Mid-Size Declines

Consumer Stocks Drifting With Mid-Size Declines

Consumer stocks were mostly lower this afternoon, with shares of consumer staples companies in the S&P 500 sinking more than 0.6% while shares of consumer discretionary firms in the S&P 500 were dropping nearly 0.3%. In company news, shares of Cherokee Inc (CHKE) fell to their lowest price in at least two decades on Friday, sinking nearly 25% to $3.50 apiece after the apparel-maker last night reported a Q2 loss, […]

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