Dallas, TX 11/17/2009 3:01:17 AM
News / Business

Year High Stocks – MRK, SPEX, PLA

Year High Stocks

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Merck & Co., Inc. (NYSE:MRK)   made a new high at $34.35 and now up 2.90% and trades at $34.01. Merck & Co., Inc. (Merck) is a global research-driven pharmaceutical company that discovers, develops, manufactures and markets a range of products to improve human and animal health. The Company’s operations are principally managed on a products basis and consist of two business segments.

 

Spherix Incorporated (NASDAQ:SPEX) was another stock which made a new 52 week high of $4.15 and now trades at $3.07, increased 53.50%. The company announced the positive interim Phase 3 clinical results for the planned review of the NEET (Naturlose (D-tagatose) Efficacy Evaluation Trial) trial of D-tagatose in drug naive patients. Results of the blinded interim data analysis of the Phase 3 trial demonstrate a significant reduction in variability of HbA1c levels, the primary endpoint of the trial. The observed data to-date indicate that the change in variability of HbA1c from baseline is favorable, and that the current sample size gives the study sufficient power to achieve the statistical significance for protocol defined differences between control and D-tagatose in HbA1c when the study reaches the planned number of patients completing treatment.

 

Playboy Enterprises, Inc. (NYSE:PLA) crossed its earlier 52-week highs and today made a new high at $5.22. The stock is up 3.30% at $4.70. Playboy Enterprises, Inc. (Playboy) is a media entertainment and lifestyle company. Playboy operates in three segments: Entertainment, Publishing and Licensing. The Entertainment Group operations include the production, marketing and sales of programming under the Playboy, Spice and other brand names, which are distributed through various channels, including domestic and international television (TV), Internet, wireless and satellite radio.

 

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