TCP International Holdings Ltd. (NYSE:TCPI) releases statement on recent litigation; co has voluntarily chosen to conduct additional levels of quality control on its products. The firm releases the following statement in response to the lawsuit recently filed by its General Counsel: TCP takes these allegations seriously. The Audit Committee of TCP’s Board of Directors, which is comprised solely of independent directors, is investigating these claims with the assistance of outside legal counsel. TCP International Holdings Ltd. (NYSE:TCPI) stock has highest price of $3.24 in last session, beginning with a price of $3.20 and reported a decrease of -1.09% to the closed at $2.71 with a day range of $2.52-$3.24. The stock is going forward its 52-week low with 4.23% and moving down from its 52 week high price with -76.23%.
Ohr Pharmaceutical, Inc. (NASDAQ:OHRP) released that new data showing an early regression of subretinal hyper-reflective material, an anatomic biomarker for the wet form of age-related macular degeneration, which is consistent with the early gains in visual acuity previously reported from this study. Ohr Pharmaceutical, Inc. (NASDAQ:OHRP) stock hit highest price at $10.58, beginning with a price of $8.69 and reported a gain of 27.18% to the closed at $9.78 with a day range of $8.55-$10.58. The total market capitalization remained 248.3 Million, total volume of 3.98 Million shares held in the session was surprisingly higher than its average volume of 151.72 shares.
Cardinal Health, Inc. (NYSE:CAH) released that it aims to purchase Johnson & Johnson’s Cordis business, a leading worldwide manufacturer of cardiology and endovascular devices, for $1.944B in cash, or $1.594B, net of the present value of tax benefits. The purchased is anticipated to be financed with a combination of $1B in new senior unsecured notes and the remainder with existing cash. Shares of Cardinal Health, Inc. (NYSE:CAH) traded at $89.52 by surging 1.74% with price volatility of 1.48% for a week and 1.53% for a month. Its beta stands at 0.54 times.