PDL BioPharma (NASDAQ:PDLI) rose 1% or six cents a share to settle at $5.72 with a volume of 1.05 million shares. For the past 52 weeks the stock has been trading between $5.60 and $5.72 with an average volume of 3.64 million shares. Company has a market capitalization of $797 million and a beta of 0.78.
PDL BioPharma, Inc. (PDL) is engaged in the management of its antibody humanization patents and royalty assets, which consist of the Company's Queen et al. patents and license agreements with several biotechnology and pharmaceutical companies. Until December 2008, PDL's business included a biotechnology operation, which was focused on the discovery and development of antibodies, which it spun-off to Facet Biotech Corporation (Facet). The Company receives royalties based on these license agreements on sales of a number of humanized antibody products marketed.
Plains All American Pipeline (NYSE:PAA) has lost 2.14% or $1.40 to settle at $63.97 with a volume of 3.57 million shares. For the past 52 weeks the stock has been trading between $63.31 and $63.98 with an average volume of 348,000 shares. Company has a market cap of $9.03 billion and a beta of 0.4.
Plains All American Pipeline, L.P. (Plains) is engaged in the transportation, storage, terminalling and marketing of crude oil, refined products and liquefied petroleum gas and other natural gas-related petroleum products. It is also engaged in the development and operation of natural gas storage facilities. The Company operates in three business segments: Transportation, Facilities, and Supply and Logistics.
Pegasystems Inc. (NASDAQ:PEGA) has gained 1.47% or $.56 to settle at $38.60 a share with a volume of 34,000. For the past 52 weeks the stock has been trading between $37.52 and $39 with an average volume of 152,000 shares. Company has a market cap of $1.43 billion and a beta of 1.
Pegasystems Inc. develops, markets, licenses, and supports software to automate business processes. The Company's software enables organizations to build, deploy, and change enterprise applications by directly capturing business objectives, automating programming, and automating work. It also allows organizations to unify business rules with business processes in the software and automating the creation of system documentation.
American Caresource Holdings, Inc. (NASDAQ:ANCI) has gained 4.35% or seven cents a share to settle at $1.68 with a volume of 26,800 shares. For the past 52 weeks the stock has been trading between $1.61 and $1.69 with an average volume of 19,500 shares. Company has a market cap of $28.43 million and a beta of 0.24.
American CareSource Holdings, Inc. (ACS) is an ancillary benefits management company that offers access to network of ancillary healthcare service providers. The Company's clients are national, regional and local health plans, which include preferred provider organizations (PPOs), third party administrators (TPAs), insurance companies, self-funded organizations and Taft-Hartley union plans (i.e., employee benefit plans that are self-administered under collective bargaining agreements), that engage the Company to provide them with a complete outsourced solution designed to manage each payor's obligations to its covered persons.
EasyLink Services Intl. (NASDAQ:ESIC) has gained 0.97% or four cents a share to settle at $4.60 with a volume of 21,000 shares. For the past 52 weeks the stock has been trading between $1.93 and $4.53 a share with an average volume of 59,800 shares. Company has a market cap of $121 million and a beta of 0.54.
EasyLink Services International Corporation is a global provider of value added services, which facilitate the electronic exchange of documents and information between enterprises, their trading communities and their customers. It delivers the majority of its services through global Internet protocol (IP) networks, which host its applications on enterprise-class platforms that are comprised of server and network operations centers located worldwide.
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Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
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