Oct 28, 2013

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Morning Gainers: Zogenix, Inc. (NASDAQ:ZGNX), Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA), Ambac (NASDAQ:AMBC) and Forum Energy Tech. (NYSE:FET)

Morning Gainers: Zogenix, Inc. (NASDAQ:ZGNX), Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA), Ambac (NASDAQ:AMBC) and Forum Energy Tech. (NYSE:FET)

Forum Energy Tech. (NYSE:FET) tops by $0.02, short on revs; guides Q4 EPS lower consensus. The company declares third quarter (Sep) earnings of $0.44 per share, omitting non-recurring items, $0.02 higher than the Capital IQ Consensus Estimate of $0.42; revenues jumped 12.2% year over year to $390.2 million as compared to the $406.92 million consensus.

Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) shares have gained 6.27% to $3.56. Over the last twelve months, the stock has lost -84.62% and past five days performance showed positive change of 33.33%. The stock daily volume was 15.98M as compared to average volume of 14.90M.

ARIAD Pharmaceuticals, Inc. (ARIAD) is a global oncology company focused on the discovery, development and commercialization of medicines for the cancer patients.

Zogenix, Inc. (NASDAQ:ZGNX) shares have gained 35.71% to $3.04. Over the last twelve months, the stock has gained 16.92% and past five days performance showed positive change of 32.17%. The stock daily volume was 15.20M as compared to average volume of 819,227.00.

Zogenix, Inc. (Zogenix) is a pharmaceutical company commercializing and developing products for the treatment of central nervous system disorders and pain.

Ambac (NASDAQ:AMBC), appeals court assures Circuit Court orders associating to segregated account rehabilitation. The company declared that the Wisconsin Court of Appeals has given orders of the Circuit Court for Dane County, Wisconsin (the “Rehabilitation Court”) assuring the validity of, and accepting the rehabilitation plan of the Segregated Account of Ambac Assurance, together with few other associated court orders of the Rehabilitation Court.

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