AstraZeneca PLC (NYSE:AZN) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with -0.23% to $29.88. AstraZeneca reported that optimistic results from Phase III FALCON trial comparing fulvestrant 500mg to anastrozole 1mg for the treatment of locally-advanced or metastatic breast cancer, in postmenopausal women who have not had prior hormonal treatment for hormone receptor positive (HR+) breast cancer.
Fulvestrant 500mg demonstrated superiority compared with anastrozole 1mg in FALCON, and met its primary endpoint of extended progression-free-survival. The trial showed an adverse event profile generally consistent with current knowledge of the safety profile of the medicines. The share price of AZN attracts active investors, as stock price of week volatility recorded 1.27%. The stock is going forward to its 52-week low with 9.04% and lagging behind from its 52-week high price with -11.56%.
ON Semiconductor Corp. (NASDAQ:ON) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 1.58% to close at $9.66 with the total traded volume of 2.5 Million shares. ON Semiconductor Corporation (NASDAQ:ON) extended its previously announced tender offer to purchase all of the outstanding shares of common stock of Fairchild Semiconductor International Inc. (NASDAQ:FCS) for $20.00 per share in cash pending the satisfaction of the conditions to the Offer set forth in the merger agreement entered into on November 18, 2015 between ON Semiconductor and Fairchild.
The Offer will now expire one minute following 11:59 p.m., New York City time, on June 9, 2016, unless further extended as required or permitted by the merger agreement. All other terms and conditions of the Offer remain unchanged. Computershare Trust Company, N.A., the depositary for the Offer, has advised ON Semiconductor that as of the close of business, New York City time on May 26, 2016, approximately 41,304,157 shares of common stock of Fairchild have been validly tendered and not properly withdrawn pursuant to the Offer, representing approximately 36.4% of the outstanding shares of common stock of Fairchild. The firm has institutional ownership of 96.90%, while insider ownership included 1.40%. Its price to sales ratio ended at 1.16. ON attains analyst recommendation of 2.10 with week performance of 5.11%.
International Game Technology PLC (NYSE:IGT) [Trend Analysis] moved up reacts as active mover, shares an increase 0.33% to traded at $18.52 and the percentage gap between open changing to regular change was 0.27%. International Game Technology (IGT) announced that it has entered into a long-term extension agreement with World Lottery Association member Schsische LOTTO-GmbH, the co’s lottery customer in the German state of Saxony, to continue providing lottery technology and services, as well as implementing a central system upgrade. IGT will also continue to service the central system following the upgrade. The firm’s current ratio calculated as 1.10 for the most recent quarter. The firm past twelve months price to sales ratio was 0.78. As far as the returns are concern, return on investment was 4.40%.