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Human Genome Sciences (NASDAQ:HGSI) hits a new 52-week high at $26.21 in today’s morning trade. Currently the stock is trading at $25.05, up 34.00%. Today, the company announced that BENLYSTA (belimumab) met the primary endpoint in BLISS-76, the second of two pivotal Phase 3 trials in seropositive patients with systemic lupus erythematosus (SLE). BLISS-76 study results through 52 weeks showed that belimumab 10 mg/kg plus standard of care achieved a statistically significant improvement in patient response rate as measured by the SLE Responder Index at Week 52, compared with placebo plus standard of care.
Perrigo Company (NASDAQ:PRGO) soared 4.49% to $38.86. Today PRGO has made a new 52-week at $39.00 after it announced that fiscal 2010 earnings from continuing operations are expected to be between $2.22 and $2.32 per share. Excluding the charges outlined in Table III at the end of this release, it now expect fiscal 2010 adjusted earnings from continuing operations to be between $2.35 and $2.45 per share, up from previously announced $2.00-$2.12 per share. This new range implies a year-over-year growth rate of adjusted earnings from continuing operations of 26% to 31% over fiscal 2009 adjusted EPS.
TeleTech Holdings, Inc. (NASDAQ:TTEC)was another stock which made a new 52 week high of $18.95 and now trades at $18.81 at 5.14% after it announced financial results for the third quarter 2009 and nine months 2009 revenue of $281.5 million and $887.1 million, respectively. This compares to $349.1 million and $1,074.2 million in the year-ago periods. On a constant currency basis, revenue declined 16.0 percent from the third quarter 2008 and 10.5 percent from the first nine months of 2008.
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