Life Technologies Corp (NASDAQ: LIFE) surged up 12.08% to $61.62 in the pre-market trading hours.According to the report from Financial Post, the company had started a process that might see it acquired either by a private equity firm as part of a leveraged buyout or by one of the larger global industry players.
The company said it hired advisers to conduct a strategic review. The Company had retained Deutsche Bank Securities and Moelis & Co to assist in an annual strategic review.
Eagle Bulk Shipping Inc (NASDAQ: EGLE) closed at $2.19. The 52-week range for the stock is $1.32 and $9.80. The Company has Price/Sales ratio of 0.16 and Price/Book ratio of 0.06. The 50-Day Moving Average and 200-Day Moving Average prices is $1.92 and $2.76 respectively.
Eagle Bulk Shipping Inc is engaged primarily in the ocean transportation of a range of major and minor bulk cargoes.
Onyx Pharmaceuticals Inc (NASDAQ: ONXX) closed at $77.85. The Company announced the pricing of an underwritten public offering of 4,400,000 shares of its common stock. The gross proceeds are expected to be approximately $358,600,000. Onyx has also granted the underwriters a 30-day option to purchase up to an additional 660,000 shares of common stock offered in the public offering to cover overallotments, if any. The offering is expected to close on or about January 22, 2013.
Trius Therapeutics Inc (NASDAQ: TSRX) decreased 9.94% to $4.71 in the pre-market trading hours. The Company announced the pricing of an underwritten public offering of 6,300,000 shares of its common stock at a price of $4.75 per share. The gross proceeds to Trius from this offering are expected to be approximately $29,925,000 million. The offering is expected to close on or about January 24, 2013. Citigroup and Leerink Swann are acting as joint book-running managers and Baird is acting as a co-lead manager in the offering.
MAKO Surgical Corp (NASDAQ: MAKO) closed at $11.32. So far this year, the stock is down over 12%. The 52-week range for the stock is $10.35 and $45.15. MAKO Surgical is a medical device company that markets its robotic arm solution and orthopedic implants for orthopedic procedures called MAKOplasty.
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