Volatility Measure: Microsoft Corporation (NASDAQ:MSFT), Celator Pharmaceuticals, Inc. (NASDAQ:CPXX), McCormick & Company, Incorporated (NYSE:MKC)

April 25, 2023 10:26 am0 commentsViews: 78

Microsoft Corporation (NASDAQ:MSFT) and Sony Corp. (SNE) touted exclusive new video games, contact to old titles as well as reality-bending headsets at dueling presentations on Monday, each looks for the slightest advantage in the fierce competition among the two leading makers of entertainment consoles. Microsoft went primary at the E3 convention, detained this week in Los Angeles, showing a preview of the next game in its exclusive Halo franchise. The company also offered a demo of its Minecraft building-block title using the augmented-reality technology of its HoloLens headset still in development. Microsoft Corporation (NASDAQ:MSFT) begun last trade with a price of $45.670 and throughout the trading session climbed at a high of $46.245. The day-trade ended with -0.60% to $45.63.

Celator Pharmaceuticals, Inc. (NASDAQ:CPXX) released that its final induction comeback rate results in the Phase 3 study comparing CPX-351 liposome injection to the standard of care regimen, referred to as 7+3 (conventional cytarabine and daunorubicin treatment), in patients with untreated high-risk (secondary) acute myeloid leukemia. The firm reported that the results showed that CPX-351 produced a relative improvement in induction comeback rate of 43.2%. The firm released that data validate the induction response rates observed in the Phase 2 study. Induction response rate is a key secondary endpoint in the study. The company said, data on the primary endpoint of the study, overall survival, are expected in the first quarter of 2016.Celator Pharmaceuticals, Inc. (NASDAQ:CPXX) stock price closed at $2.77 with the total traded volume of 23.71 Million shares. Its market capitalization is 93.46 Million. The stock owned by the Financial Institutions was 17.80% while by insiders was 0.40%.

McCormick & Company, Incorporated (NYSE:MKC) released to purchase 100 percent of the shares of One World Foods Inc., seller of Stubb’s barbeque sauces, a privately held firm located in Austin, Texas. The buy price for Stubb’s is around $100M. Stubb’s is the leading premium barbeque sauce brand in the U.S. In addition to sauces, Stubb’s products include marinades, rubs and skillet sauces. Annual sales of the business are projected to be $30 million in 2015 and are expected to grow at a double-digit rate annually for the next several years. McCormick & Company, Incorporated (NYSE:MKC) has the market capitalization of 10.40 Billion. Shares of firm climbed 1.45% to close at $81.42 with the total traded volume of 1.38 Million. The firm has current ratio of 1.10 for the most recent quarter.


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