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Rite Aid Corp. (RAD) reported third quarter EPS of $0.10 Thursday morning, up from $0.04 in the prior year period. Analysts expected EPS of $0.05. The company expects to report full year 2015 EPS of $0.31 to $0.37, while analysts are expecting EPS of $0.31. Rite Aid gapped open sharply higher Thursday,...

Ruby Tuesday Inc. (RT) announced after the bell Tuesday that second quarter same-restaurant sales fell by 1.0 percent. Ruby Tuesday gapped open lower Wednesday and steadily declined until around 1:30PM. The stock finished with a loss of 1.33 at $6.79 on above average volume. Ruby Tuesday sank to...

Herzfeld Caribbean Basin Fund (CUBA) spiked sharply to the upside in early trade Wednesday, due to reports that the U.S. may begin talks with Cuba to normalize full diplomatic relations between the two countries. President Obama is due to speak on the matter at noon today. Herzfeld Caribbean Basin...

Cyclacel Pharmaceuticals Inc. (CYCC) announced Tuesday morning that the independent Data and Safety Monitoring Board of its Phase 3 SEAMLESS study of oral sapacitabine capsules, in acute myeloid leukemia, determined that it would be unlikely for the study to reach statistically significant improvement...

Novogen Ltd. (NVGN) confirmed Tuesday morning that its TRXE-009 drug has proven to be highly active against melanoma in pre-clinical studies. Novogen gapped open dramatically higher Tuesday and climbed steadily throughout the first half of the session. The stock finished with a gain of 3.67 at $5.38...

Talisman Energy Inc. (TLM) announced Tuesday morning that it agreed to be acquired by Repsol S.A. for US$8.00 per share in cash. Talisman Energy gapped open dramatically higher Tuesday, but moved in a narrow range throughout the session. The stock closed up by 2.46 at $7.58 on the highest volume...

Ruby Tuesday Inc. (RT) announced after the bell Tuesday that second quarter same-restaurant sales fell by 1.0 percent. The stock is now down 0.32 on 6K shares. Ruby Tuesday dipped below Tuesday's narrow trading range going into the close and finished with a loss of 0.09 at $8.12. The stock closed...

TetraLogic Pharmaceuticals (TLOG) announced Tuesday morning that it intends to proceed with the expansion phase of its study in patients with ovarian cancer. TetraLogic Pharmaceuticals has been declining since the open of trade Tuesday and is now down 1.37 at $4.48, with volume beginning to accelerate...

Cyclacel Pharmaceuticals Inc. (CYCC) announced Tuesday morning that the independent Data and Safety Monitoring Board of its Phase 3 SEAMLESS study of oral sapacitabine capsules, in acute myeloid leukemia, determined that it would be unlikely for the study to reach statistically significant improvement...

Talisman Energy Inc. (TLM) announced Tuesday morning that it agreed to be acquired by Repsol S.A. for US$8.00 per share in cash. Talisman Energy has gapped open dramatically higher this morning and is now up 2.40 at $7.52 in early trade, on the highest volume of the year. The stock has leaped to a 2-month high.

Novogen Ltd. (NVGN) provided an update on its experimental chemotherapeutic Cantrixil after the close Monday. Cantrixil is a construct of active drug candidate, TRXE-002 and was developed specifically for injection into the body's cavities. Novogen has gapped open dramatically higher Tuesday morning...

Sorrento Therapeutics Inc. (SRNE) announced Monday morning that it will establish a global strategic collaboration with NantWorks to jointly develop next generation immunotherapies for the treatment of cancer and auto-immune diseases. Dr. Patrick Soon-Shiong, the founder of NantWorks, will also acquire...

Sophiris Bio Inc. (SPHS) announced Monday morning that the Independent Data Monitoring Committee for the ongoing Phase 3 trial of PRX302 reported that a predefined efficacy threshold following treatment was not achieved. PRX302 is a treatment for lower urinary tract symptoms of benign prostatic hyperplasia. Sophiris...

OPKO Health Inc. (OPK) and Pfizer Inc. (PFE) announced Monday morning that they have entered into a worldwide agreement for the development and commercialization of OPKO's long-acting hGH-CTP. Pfizer will receive the exclusive license to commercialize hGH-CTP worldwide and OPKO will receive an upfront...

The Financial Times reported Friday morning that Spanish oil giant Repsol is involved in talks to acquire Talisman Energy Inc. (TLM). Talisman Energy gapped open sharply higher Friday, but pulled back during the second half of the session. Shares finished up by 0.60 at $4.29 on the highest volume...