Systemax Inc. (NYSE: SYX) 17% LOWER; reports Q4 EPS of $0.22 compared to $0.09 for the same period last year. Net sales increased 11% to $648 million compared to $583 million in the fourth quarter of 2005. Announces Special $1.00 Per Share Dividend.
Rambus Inc. (Nasdaq: RMBS) 5% HIGHER; said the Federal Trade Commission (FTC) has stayed portions of its remedy order In the Matter of Rambus Inc. The stay is effective upon Rambus’ filing of a timely petition for review in a court of appeals. Rambus plans to appeal both the FTC’s liability and remedy orders in their entirety.
Ballard Power Systems (Nasdaq: BLDP) 3.8% HIGHER; announced that it has been awarded a research and development contract from the US Department of Defense (DoD) for a materials handling equipment application cost reduction and demonstration program. The contract is valued at up to US $5.88 million.
SIGA Technologies Inc. (Nasdaq: SIGA) 3% HIGHER; continues today’s 14% move higher after announcing that a toddler who inadvertently contracted eczema vaccinatum has been treated with ST-246, SIGA’s lead smallpox drug candidate, pursuant to an Emergency Investigational New Drug Application (IND) granted by the FDA, and is now improving.
Accredited Home Lenders Holding Co. (Nasdaq: LEND) 3% LOWER; gives back some recent gains. Stock down 17.9% intra-day.
ViroPharma Inc. (Nasdaq: VPHM) 3% LOWER; intends to offer $200 million aggregate principal amount of Convertible Senior Notes due March 2017.
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