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Home » Business & Finance » Stocks Gainers To Keep Eyes On: InfoSonics Corporation (NASDAQ:IFON), AVEO Pharmaceuticals, Inc (NASDAQ:AVEO), Ceres Inc (NASDAQ:CERE), Career Education Corp (NASDAQ:CECO)
Stocks Gainers To Keep Eyes On: InfoSonics Corporation (NASDAQ:IFON), AVEO Pharmaceuticals, Inc (NASDAQ:AVEO), Ceres Inc (NASDAQ:CERE), Career Education Corp (NASDAQ:CECO)

Stocks Gainers To Keep Eyes On: InfoSonics Corporation (NASDAQ:IFON), AVEO Pharmaceuticals, Inc (NASDAQ:AVEO), Ceres Inc (NASDAQ:CERE), Career Education Corp (NASDAQ:CECO)

March 5, 2015 1:52 pm by: Category: Business & Finance Leave a comment A+ / A-

Insights about U.S. Stocks that landed in the Green-Zone during Wednesday’s trade, are depicted underneath:

InfoSonics Corporation (NASDAQ:IFON)’s shares picked up 57.56%, and closed at $2.71.

Infosonics Corp. (IFON), the provider of very kool® wireless handset solutions and tablets, declared results for its fourth quarter and year ended December 31, 2014.

InfoSonics stated net sales for the 2014 fourth quarter of $17.9 million, which represented a $6.1 million, or 51%, raise from $11.9 million for the fourth quarter of 2013. The Corporation stated noteworthy sales growth to customers in Mexico, Peru and the U.S. Unit shipments during the quarter declined by 4% contrast to the preceding year, but the average selling price per unit rose 57%. Net sales for the year ended December 31, 2014 were $48.1 million, which represented a $10.2 million, or 27%, raise over $37.9 million for the 2013 year.

Gross profit in the fourth quarter of 2014 was $3.0 million, a 48% raise contrast to $2.0 million for the comparable period in 2013. The gross profit margin as a percent of sales in the fourth quarter of 2014 declined to 16.5% contrast to 16.9% for the comparable period in 2013. The margin reduction resulted from costs in the quarter associated with the conclusion of projects for internally designed products and related terminations with contract manufacturers, in addition to a higher level of inventory reserves. Gross profit for the year ended December 31, 2014 was $8.3 million, which represented a $1.3 million, or 19%, raise from $6.9 million for the 2013 year.

InfoSonics is a San Diego-based manufacturer and provider of wireless handsets, tablets and related products to carriers, distributors and consumers in the United States and Latin America under the verykool® brand.

AVEO Pharmaceuticals, Inc (NASDAQ:AVEO), raised 33.91%, and closed at $1.54.

AVEO Pharmaceuticals, Inc. (AVEO) declared that administration will host a conference call and webcast on Friday, March 6, 2015, at 8:00 a.m. Eastern Time to talk about the presentation of final results and a predefined biomarker analysis of its BATON-CRC study, a randomized Phase 2 clinical trial of modified FOLFOX6 combined with tivozanib or bevacizumab in metastatic colorectal cancer. The presentation, titled “Neuropilin-1 as a potential biomarker of progression-free survival benefit for tivozanib + mFOLFOX6 as compared to bevacizumab + mFOLFOX6 in metastatic colorectal cancer: post-hoc biomarker analysis of BATON-CRC Phase 2 trial,” will be presented in a poster session on March 6 at the American Association for Cancer Research (AACR) Tumor Angiogenesis and Vascular Normalization Conference in Orlando, FL.

AVEO Oncology (AVEO) is a biopharmaceutical corporation committed to developing targeted therapies through biomarker-driven insights to provide improvements in patient outcomes where noteworthy unmet medical needs exist. AVEO’s proprietary Human Response Platform™ has delivered unique insights into cancer and related disease biology that are being leveraged in the clinical development strategy of its therapeutic candidates.

Ceres Inc (NASDAQ:CERE), enhanced 15.22%, and closed at $0.530.

Formerly on February 26, Ceres, Inc. (CERE), declared that it has achieved Gold Partner status in Oracle PartnerNetwork. In attaining Gold Level membership, Ceres has been recognized by Oracle for its commitment to establish Oracle-related knowledge in delivering Ceres’ Persephone genome visualization software and for uniquely addressing the challenges of joint customers.

Originally developed for in-house use by Ceres, the Persephone application allows researchers to rapidly zoom in and out of massive amounts of genetic data, from a chromosome level to a single building block of DNA. On top of this data, users can layer and cross reference related information in much the same way geographic mapping services allow users to add weather information or business locations to a geographic map.

While speed is taken for granted across most software markets, the genetics market has struggled with massive datasets generated by DNA sequencing and genetic testing. To assist solve the speed problem, and expand the way researchers can explore and mine genetic data, Persephone software engineers have developed a number of innovative data storage and compression methods that can enable rapid visualization of large amounts of genomics data by experts and non-experts alike.

Ceres, Inc. is an agricultural biotechnology corporation that develops and markets seeds to produce crops for bioenergy and other markets that utilize plant biomass. The corporation combines advanced plant breeding and biotechnology to develop hybrids that can address the limitations of first-generation bioenergy feedstocks.

Career Education Corp (NASDAQ:CECO), rose 16.96%, and closed at $6.00.

Career Education Corp. (CECO), stated operating and financial results for the fourth quarter and fiscal year 2014.

Business Highlights:

  • Achieved $15.6 million of positive adjusted EBITDA for ongoing operations, which excludes campuses in teach-out or held for sale, in the fourth quarter
  • Reduced operating losses by $6.6 million to $7.8 million for the fourth quarter of 2014; lowered operating expenses by $31.8 million or 14.9 percent during the fourth quarter as contrast to the preceding year
  • Implemented expense reduction actions in 2014 that will drive $40 million of expense reductions in 2015
  • Achieved online total student enrollment growth of 1.0 percent as compared to preceding year within its University group; online student enrollments account for about 90% of students within the University group
  • Accomplished 28 real estate transactions during 2014 reducing total lease obligations by $39.0 million over the next six years
  • Sale process of Le Cordon Bleu asset continues as planned.

The Corporation assesses results of operations for ongoing operations, which excludes the Transitional Group, separately from the Transitional Group and campuses that have closed or are held for sale.

Career Education Corporation operates schools and universities that provide education to student population in various career-oriented disciplines through online, on-ground, and hybrid learning program offerings in the United States.

Stocks Gainers To Keep Eyes On: InfoSonics Corporation (NASDAQ:IFON), AVEO Pharmaceuticals, Inc (NASDAQ:AVEO), Ceres Inc (NASDAQ:CERE), Career Education Corp (NASDAQ:CECO) Reviewed by on . Insights about U.S. Stocks that landed in the Green-Zone during Wednesday's trade, are depicted underneath: InfoSonics Corporation (NASDAQ:IFON)'s shares picked Insights about U.S. Stocks that landed in the Green-Zone during Wednesday's trade, are depicted underneath: InfoSonics Corporation (NASDAQ:IFON)'s shares picked Rating: 0

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