Hewlett-Packard Company (NYSE:HPQ) decreased 0.50% to $26.0. The Company said that it has a preference to spin off its personal computers unit and is currently working on understanding the larger inference of separating the business from the company.
Limelight Networks Inc (NASDAQ:LLNW) among the top gainers in NASDAQ. The stock augmented 11.69% to $2.77 on a traded volume of 4.12 million shares after the news that the Company has sold EyeWonder to DG for approximately $66 million in cash. The company also announced a share buyback program and updated its third quarter 2011 financial guidance as a result of the EyeWonder transaction.
AEterna Zentaris Inc (USA) (NASDAQ:AEZS) surged up 8.46% to $2.05 on a thickly traded volume of 3.18 million shares. The Company announced results of its novel orally active anticancer Erk Inhibitor at the American Chemical Society National Meeting.
Universal Display Corporation (NASDAQ:PANL) went up 0.55% to $51.50. The Company has entered into a technology license agreement with Panasonic Idemitsu OLED Lighting Co Ltd. Under the terms of the agreement, Panasonic Idemitsu OLED Lighting will be licensed to integrate Universal Display’s proprietary UniversalPHOLED phosphorescent and other OLED technologies and materials into OLED lighting products.