Company News for July 2, 2013
• Zynga Inc (NASDAQ:ZNGA) said Don Mattrick will replace Mark Pincus as the CEO of the company, who will continue to be chairman and chief product officer
• Insmed Incorporated’s (NASDAQ:INSM) lung infection experimental drug failed to outperform competitor Novartis AG’s (NYSE:NVS) version. Following this development, shares of the company dropped nearly 19%
• Onyx Pharmaceuticals, Inc. (NASDAQ:ONXX) jumped more than 50% after the company announced it is considering putting itself up for sale
• Nokia Corporation (NYSE:NOK) has purchased a 50% stake in Nokia Siemens Networks from Siemens AG (NYSE:SI) for $2.2 billion
Read the analyst report on ZNGA
Read the analyst report on INSM
Read the analyst report on NVS
Read the analyst report on ONXX
Read the analyst report on NOK
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