New York 8/31/2011 3:44:49 AM
News / Stocks

Top Losers (NBG, COBZ, PGNX, GU, UNIS) Reports Stockinvestorpicks.com

National Bank of Greece (ADR)   (NYSE:NBG) declined 13.84% to $0.991 on a traded volume of 5.23 million shares. The Company posted first-half loss of 1.31 billion euros compared to profit of 146 million euros in the prior year period. The Company has written down the value of its bonds by 1.645 billion euros.

CoBiz Financial Inc  (NASDAQ:COBZ) went down 5.35% to $5.13. Raymond James raised the rating on the stock from market perform to outperform.

Progenics Pharmaceuticals Inc (NASDAQ:PGNX) plunged 6.10% to $6.16. Progenics Pharmaceuticals Inc and Salix Pharmaceuticals Ltd announced that the FDA has accepted for filing a supplemental New Drug Application for RELISTOR Subcutaneous Injection to treat opioid-induced constipation in patients with non-cancer pain.

Gushan Environmental Energy Ltd (ADR) (NYSE:GU) slipped 0.17% to $1.71 after the Company announced second quarter results. Total revenues increased 443.0% year-to-year to RMB327.1 million. Net loss was RMB26.4 million compared to a net loss of RMB108.5 million in the second quarter of 2010. Average selling price of biodiesel increased 38.7% year-to-year to RMB6,156 per ton.

Unilife Corp (NASDAQ:UNIS) one of the top losers and the stock decreased 3.13% to $4.65.The stock opened at $4.72. The Company has developed a unique proprietary range of auto-injectors for the self-administration of injectable drugs by patients outside of healthcare facilities.