Company News for December 6, 2011 - Corporate Summary

By Zacks Equity Research,

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•    Shares of bio-pharma company Affymax Inc. (NASDAQ: AFFY ) increased 19.24% after FDA found Affymax's experimental anemia medication is as effective as drugs by Amgen, Inc. (NASDAQ: AMGN )

•    Discovery Group LLC announced it had acquired a 5.8% stake in software maker Intralinks Holdings Inc. (NYSE: IL ). Following this development, shares of Intralinks Holdings gained 9.63% to close at $5.69

•    Share prices of web-based software company SuccessFactors Inc. (NYSE: SFSF ) sky rocketed 51.43% after  SAP AG (NYSE: SAP ) said it would buy the company in a deal worth $3.4 billion

•    Pharma company Regeneron Pharmaceuticals Inc.'s (NASDAQ: REGN ) share prices fell 5.53% after a study found no major difference between its Eylea medicine and a Roche Holding AG drug to treat an eye disorder

•    U.S. life insurance company MetLife, Inc. (NYSE: MET ) said earnings will probably rise in 2012 as CEO Steven Kandarian modifies management a year after the firm's biggest takeover

AFFYMAX INC ( AFFY ): Free Stock Analysis Report
INTRALINKS HLDG ( IL ): Free Stock Analysis Report
METLIFE INC ( MET ): Free Stock Analysis Report
REGENERON PHARM ( REGN ): Free Stock Analysis Report
SAP AG ADR ( SAP ): Free Stock Analysis Report
SUCCESSFACTORS (SFSF): Free Stock Analysis Report
Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Business , Investing Ideas , Stocks
Referenced Stocks: AFFY , IL , MET , REGN , SAP

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