Small Cap Stocks on the Move -
SCLN, SPHS, BNK
SciClone Pharmaceuticals, (Nasdaq:
SCLN), Trading at $9.90, Up 24% in afternoon trade, SmallCapReview added
SciClone Pharmaceuticals to its Focus Stock List on Monday night.
Announced results for the 3Q of
2015. Revenues in the third quarter of 2015 were $42.9 million, a
$8.6 million or 25% increase, compared to $34.3 million for the
same period in 2014. SciClone's non-GAAP net income in the third
quarter of 2015 was $13.4 million, or $0.27 and $0.26 per share on
a basic and diluted basis, respectively, compared with non-GAAP
net income of $8.7 million, or $0.17 per share on both a basic and
diluted basis for the same period of the prior year.
As
a result of continued strong demand for ZADAXIN in the
marketplace, and the Company's ongoing implementation of
disciplined control over operating expenses, the Company is
revising its non-GAAP expectations for 2015. The Company is
raising its full-year non-GAAP EPS guidance to between $0.93 and
$0.97, up from its original guidance of between $0.73 and $0.77.
What They Do: SciClone Pharmaceuticals is a revenue-generating,
specialty pharmaceutical company with a substantial commercial
business in China and a product portfolio spanning major
therapeutic markets including oncology, infectious diseases and
cardiovascular disorders.
To learn more visit http://www.smallcapreview.com/scln.htm.
Sophiris Bio Inc. (Nasdaq: SPHS)
Trading at $2.38, Up 176%. Today announced final results from its
Phase 3 "PLUS-1" study of PRX302 as a treatment for
lower urinary tract symptoms of benign prostatic hyperplasia (BPH,
enlarged prostate). PRX302 demonstrated a statistically
significant improvement in International Prostate Symptom Score (IPSS)
total score from baseline over 12 months compared to the
vehicle-only control group (7.60 vs. 6.58 point overall
improvement; p = 0.043), the primary endpoint of the
study. PRX302 continues to demonstrate a favorable safety profile,
with no evidence of any treatment related sexual or cardiovascular
side effects.
What They Do: Sophiris Bio Inc. is
a biopharmaceutical company developing PRX302, a clinical-stage,
targeted therapy for the treatment of urological diseases.
Bank of the Ozarks (NYSE: BNK)
Trading at $24.24, Up 17% and C1 Financial, Inc. jointly announced
the signing of a definitive agreement and plan of merger
(“Agreement”) whereby Bank of the Ozarks, Inc. (“OZRK”)
will acquire C1 Financial, Inc. (“C1”) and its wholly-owned
bank subsidiary, C1 Bank, in an all-stock transaction valued at
approximately $402.5 million, or approximately $25.00 per C1
share, subject to potential adjustments as described in the
Agreement. Closing of the transaction is expected to be
immediately accretive to OZRK’s book value per common share and
its tangible book value per common share. The transaction is
expected to be accretive to OZRK’s diluted earnings per common
share by $0.02 to $0.04, including transaction costs, for the
first twelve months after the transaction closes and by $0.07 to
$0.10 for the second twelve months.
What They Do: Bank of the Ozarks,
Inc. is a bank holding company with $9.3 billion in total assets
as of September 30, 2015.
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