Questcor Pharmaceuticals to be Bought by Mallinckrodt; Sprint to offer Windows Phone 8.1 Upgrade on the HTC 8XT and Samsung’s ATIV S Neo


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NYSE:ORCL / NASDAQ:QCOR / OTC:BB:HORI / NYSE:S
04/08/2014 [ACCESSWIRE]

Oracle Corporation (NYSE: ORCL) – For an in-depth report on Oracle Corporation follow: www.BullTrends.com/stockquote/ORCL

Oracle Corporation closed down a modest 1.28% on Monday with about 27 million shares traded. Four Oracle insiders exercised options and sold 1,690,000 shares for $69,504,836, an average of $41.13 each, from April 1 through 3. The sales came as shares set a multiyear high.

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

Shares of QCOR closed up 18.73% on about 19.5 million shares traded on Monday. The stock hit a new yearly high of $85.11 during intra-day trading. Mallinckrodt and QCOR announced that they have entered into a definitive merger agreement under which Mallinckrodt will acquire Questcor in a transaction valued at approximately $5.6 billion.

Horizon Energy Corp. (OTCBB: HORI) - For an in-depth report on Horizon Energy Corp. follow: www.BullTrends.com/stockquote/HORI

Shares of HORI closed up 17.86% on about 950,000 shares traded on Monday. The stock was one of the biggest gainers in the OTCBB market. On April 4th, the company signed an option agreement for an oil and gas lease in Webb County, Texas. The land under consideration consists of two tracts totaling 1,340 acres located close to Mirando City. The agreement is part of Horizon’s ongoing efforts to identify prospective opportunities for the exploration, development and production of domestic oil and gas.

Sprint Corporation (NYSE: S) - For an in-depth report on Sprint Corporation follow: www.BullTrends.com/stockquote/S

Shares of Sprint Corp. close down 4.54% on about 22.6 million shares traded on Monday. This past Friday the company announced that it will offer Windows Phone 8.1 Upgrade on HTC 8XT and Samsung's ATIV S Neo. The upgrade on select phones allows Windows phone users to experience enhanced features. These add-on features will help Sprint to retain its customers and attract more Windows phone users to its network.

 

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