Biotech Stocks: Chelsea rallies on drug data; sector indexes rise
Early sector gainers include a pair of smaller companies, Chelsea Therapeutics and Athersys. feeds.marketwatch.com |
SEC too focused on stats, inspector says
The Securities and Exchange Commission is still focused too much on the number of cases it has brought and not enough on the number of investors protected, the agency’s inspector general says. feeds.marketwatch.com |
Chi-X trading platform valued at £300m after bid approach
Advisers to Chi-X Europe, the London-based equity trading platform, have placed a £300m price tag on the business after receiving a bid approach in August. telegraph.co.uk |
After Hours: EBay, Netflix shares climb in late trades
The online auctioneer and the DVD-rental service each post better-than-anticipated quarterly earnings, lifting late-traded shares. feeds.marketwatch.com |
Cosalt uncovers £4m stock shortfall with unnamed supplier
Cosalt, the oil services company backed by Carphone Warehouse founder David Ross, is considering legal action after an internal review uncovered a stock shortfall following "doubtful transactions" with a supplier. telegraph.co.uk |