Archive for June, 2009

Asian markets gain on positive Chinese data (AP)

Most Asian stock markets clawed higher Wednesday after data showed the region’s two biggest economies are inching toward economic recovery.
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Spectrum Pharmaceuticals to Raise $21 Million from Institutional Investors at $7.1525 Per Share (Business Wire)

IRVINE, Calif.—-Spectrum Pharmaceuticals, Inc. , a commercial-stage biotechnology company with a focus in oncology, today announced that it has received commitments from institutional investors to purchase $21 million of securities in a registered direct offering.
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FDA panel recommends smaller doses of painkillers (AP)

Government experts say the maximum dose listed for Tylenol and dozens of other painkillers should be reduced to help curb deadly overdoses.
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Bankruptcy court to rule on “New GM” plan (Reuters)

General Motors Corp is heading to bankruptcy court on Tuesday to seek approval to sell its assets to a “New GM” in a plan to reinvigorate the automaker under U.S. government ownership.
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Cell Therapeutics Added to Russell 3000(R), Russell 2000(R) and Russell Global(R) Indexes (PR Newswire)

Cell Therapeutics, Inc. announced today that it has been added to the Russell 3000®, Russell 2000® and Russell Global® Indexes posted by Russell Investments on June 29, 2009 on www.russell.com.
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