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Monday 20 April 2015
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Early Downfall on Active Stocks - Yahoo!, (NASDAQ:YHOO), General Electric Company, (NYSE:GE), Athersys, (NASDAQ:ATHX), Advanced Micro Devices, (NASDAQ:AMD)

During Friday’s current trade, Yahoo! Inc. (NASDAQ:YHOO)’s shares dropped -1.92% to $44.90.

Yahoo!, declared four Yahoo apps on Apple Watch that will be accessible on April 24 - Yahoo Weather, Yahoo Sports Fantasy, Yahoo News Digest, and Yahoo News Hong Kong. These innovative apps were reimagined and simplified for the watch, allowing Yahoo to deliver a highly engaging and personal experience in a new way.

Leveraging Yahoo’s great content and technology, these new apps are perfectly suited for the Apple Watch as Yahoo looks to effortlessly guide users to information with Glances. The highly visual, beautiful and simple presentation give users a microsummary of the information, which they can tap into to learn more.

Yahoo’s app experiences on Apple Watch:

  • Yahoo Weather App on Apple Watch will feature morning updates and evening forecasts through notifications. With a Glance, users can find out if it’s a t-shirt or sweater day with Yahoo’s new “feels like” feature, or learn more about the conditions outside by tapping into the app.
  • With the Yahoo Sports Fantasy App, users can see what’s going on in their matchups or check on their lineup for injuries with a Glance. They can even talk smack with their league using the Apple Watch dictation feature.
  • Yahoo News Digest brings users in the U.S. the most important story on the hour, every hour so they are always up-to-date. Enjoy new microsummaries, visual atoms such as a map, stock ticker or infographic that bring the story to life, and a brand new speed reading feature to get you in-the-know in seconds.
  • With the Yahoo News Hong Kong App, users in Hong Kong will receive breaking news delivered to their wrist and enjoy the top 10 headlines of the hour with a Glance.

Yahoo! Inc. provides search and display advertising services on Yahoo properties and associate sites worldwide. The company offers Yahoo Search that serves as a starting point to navigate the Internet and discover information; and Yahoo Answers, which enables users to seek, discover, and share knowledge and opinions across mobile phones, tablets, and desktops.

During morning trade, General Electric Company (NYSE:GE)’s shares declined -10.04% to $27.27.

Today, General Electric Company, has posted its 2015 first-quarter financial results on its investor relations website at www.ge.com/investor. The investor website is hosting a webcast today for investors with Chairman and CEO Jeff Immelt and CFO Jeff Bornstein.

On the other hand, GE declares programs for Intelligent Cities on both U.S. Coasts as it pilots new connected LED Solution.

Cities on both U.S. coasts will soon start piloting new GE technology designed to assist them become more intelligent and efficient. San Diego, California, and Jacksonville, Florida, will both be trialing a new GE LED solution, which uses LED street lighting installations to connect, collect and analyze data being generated, harnessing the power of the Industrial Internet to assist their city run better while providing new services and conveniences for residents and visitors.

From high street lighting costs to traffic congestion, parking allotments and emergency response, cities across the world juggle a variety of challenges. GE is developing solutions that will assist cities solve these problems through their existing infrastructure. By repurposing street lights with LEDs containing sensors, controls, wireless transmitters and microprocessors, a city will be able to create new opportunities for reducing cost, optimizing their operations and creating value-added services for residents, making their cities even more livable and workable.

Driven by Predix*, GE’s innovative software platform that connects machines, data and people to assist improve asset performance administration, the intelligent-cities-enabling technology will provide a platform for the future development of intelligent applications that will deliver efficiency for the city and convenience for citizens.

The potential opportunities are truly endless, giving a city access to real-time data that never existed before.

General Electric Company (GE) operates as an infrastructure and financial services company worldwide. The company’s Power and Water segment offers gas, steam and aeroderivative turbines, nuclear reactors, generators, combined cycle systems, controls, and related services; wind turbines; and water treatment services and equipment.

Athersys, Inc. (NASDAQ:ATHX), during its Friday’s current trading session fell -38.99%, to $1.33, hitting its lowest level today.

Athersys, declared interim results from its exploratory Phase 2 clinical study of the intravenous administration of MultiStem(R) cell therapy to treat patients who have suffered an ischemic stroke. The study results demonstrate favorable safety and tolerability for MultiStem, consistent with preceding studies. With respect to the primary and secondary endpoints, the cell therapy did not show a difference at 90 days contrast to placebo. However, MultiStem treatment was associated with lower rates of mortality and life threatening adverse events (AEs), infections and pulmonary events. Furthermore, post-hoc analysis shows that patients who received MultiStem treatment earlier in the treatment window had more robust recovery rates in comparison to placebo and relative to patients who received later MultiStem treatment.

Dr. David Hess, lead clinical investigator in the study, stroke specialist and Chairman of the Department of Neurology at the Medical College of Georgia at Georgia Regents University, will present the summary results at the European Stroke Organization conference on Sunday, April 19th at 8:50 AM in Glasgow, Scotland, United Kingdom.

Athersys, Inc., a biotechnology company, focuses on the research and development activities in the field of regenerative medicine. The company’s lead platform product, MultiStem cell therapy, an allogeneic stem cell product, which is in Phase II clinical trials for the treatment of ischemic stroke and inflammatory bowel disease (IBD); and that has accomplished Phase I clinical trial for the treatment of acute myocardial infarction and hematopoietic stem cell transplant/graft-as compared to-host disease.

Finally, Advanced Micro Devices, Inc. (NASDAQ:AMD), lost -14.29% Friday, as a semiconductor company, stated weaker than predictable first quarter earnings results before the opening bell today.

The company stated a first quarter net loss of 11 cents per share, wider than the 6 cents per share loss analysts were expecting for the period. Revenue fell 17% from the previous quarter to $1.03 billion, also missing analysts’ $1.08 billion consensus guidance.

The company said that the weak quarter was due to sluggish sales of graphic cards and continued weakness in its PC business segment. The company’s computer and graphics segment, which accounts for 51% of its revenue, practiced a 38% year over year decline in sales during the quarter.

Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company’s products primarily comprise x86 microprocessors as an accelerated processing unit (APU), chipsets, discrete graphics processing units (GPUs), and semi-custom System-on-Chip (SoC) products.

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