Brookdale Senior Living hits 5 year high on Emeritus Acquistion; eBay acquires PhiSix


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NYSE:BKD / NASDAQ:ISIS / NASDAQ:EBAY / PK:MEDT
02/24/2014 [ACCESSWIRE]

Brookdale Senior Living Inc. (NYSE: BKD) – For an in-depth report on Brookdale Senior Living Inc. follow: www.BullTrends.com/stockquote/BKD

Shares of Brookdale Senior Living closed up 1.53% on Friday with about 15.1 million shares traded. The stock hit $32.38 during intra-day trading, representing a five year high for the company. It was one of the most active stocks in the NYSE after revealing that the company agreed to acquire Emeritus for approximately $1.4 billion in stock.  Brookdale will build a series of housing units for the elderly in 46 states across the U.S., according to Bloomberg.

Isis Pharmaceuticals, Inc. (NASDAQ: ISIS) – For an in-depth report on Isis Pharmaceuticals, Inc. follow: www.BullTrends.com/stockquote/ISIS

Isis Pharmaceuticals closed up 15.53% on Friday with over 6.7 million shares traded. The stock was one of the biggest gainers on the NASDAQ and even hit a new high of $61.30 during intra-day trading. The company provided an update on its ongoing open label, multiple dose Phase 2 study of ISIS-SMN[rx] in infants with spinal muscular atrophy (SMA). To date, all four infants in the 6 mg cohort have been in the study for over six months and are now approximately nine and a half  to 16 months in age with an average age of approximately 12 and a half months.  All four infants are alive and none have required permanent respiratory assistance. 

eBay Inc. (NASDAQ: EBAY) – For an in-depth report on eBay Inc. follow: www.BullTrends.com/stockquote/EBAY

eBay shares closed down a modest 0.67% on Friday with about 10.4 million shares traded. The company announced on its blog that it has acquired PhiSix, a computer graphics company that creates 3D models of clothing from photos, pattern files and other sources and simulates the behavior of the garments. EBay commented that "PhiSix’s technology has exciting possibilities – both online and offline – as it allows consumers to see how clothes fit, look and move in different environments without actually having to try them on." Financial terms were not disclosed.

MediaTechnics Corporation (OTC: MEDT) – For an in-depth report on MediaTechnics Corporation follow: www.BullTrends.com/stockquote/MEDT

MediaTechnics closed up 31.58% on Friday with about 280 million shares traded. The stock was one of the biggest gainers in the OTC market. The company announced that Henri Atamian has stepped down as President and CEO and appointed Jeremy Carr as MEDT's president and sole director. Mr. Carr, who was a former director of MEDT, will oversee the review and publishing of the Company's 2013 and 2012 Financial Statements, as well as an updated Initial Company Information Statement and intends to publish them via OTC Markets in the near future.

 

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