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Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) Signs A Licensing Contract With Hanmi Pharmaceuticals- AECOM (NYSE:ACM), Brunswick Corporation (NYSE:BC)

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Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) Signs A Licensing Contract With Hanmi Pharmaceuticals- AECOM (NYSE:ACM), Brunswick Corporation (NYSE:BC)

by Lucy Ryan
March 5, 2015
in Business News
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Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) [Trend Analysis] has signed a licensing contract with Hanmi Pharmaceuticals for poziotinib, a drug being investigated for the treatment of cancer. Poziotinib (HM781-36B) is a novel, oral, quinazoline-based pan-HER inhibitor that irreversibly blocks signaling from side to side the HER family of tyrosine-kinase receptors including HER1. (erbB1; EGFR), HER2 (erbB2), and HER4 (erbB4), as well as HER receptor mutations; this, in turn, leads to inhibition of the proliferation of tumor cells that overexpress these receptors. Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) begun last trade with a price of $6.13 and throughout the trading session climbed at a high of $6.33. The day-trade ended with 4.04% to $6.30. The stock is going forward to its 52 week low with 11.59% and lagging behind from its 52 week high price with -31.98%. SPPI last month stock price volatility remained 3.56%.

AECOM (NYSE:ACM) [Trend Analysis] reported that its Board has hired CEO Michael S. Burke to the additional position of Chairman of the Board. The appointment, effective today, completes a planned succession following the retirement of John M. Dionisio as executive chairman. AECOM (NYSE:ACM) stock price closed at $30.05 with the total traded volume of 1.76 Million shares. Its price to sales ratio ended at 0.44. Its market capitalization is 4.672 Billion. The stock owned by the Financial Institutions was 87.70% while by insiders was 0.60%.

Life Fitness reported that Brunswick Corporation (NYSE:BC) [Trend Analysis] will join the equipment manufacturer’s family of products, creating a robust portfolio of recreational products for customers across the worldwide. Both Life Fitness and Brunswick Billiards are division of Brunswick Corporation (BC). With the reorganization, Life Fitness will now develop, manufacture and sell Brunswick Billiards game room and billiards tables, furnishings and accessories. Brunswick Corporation (NYSE:BC) has the market capitalization of 4.988 Billion. Shares of firm moved down -1.92% to close at $53.74 with the total traded volume of 1.07 Million. The firm has current ratio of 2.20 for the most recent quarter.

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Lucy Ryan

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