E Commerce China Dangdang Inc (NYSE:DANG) up by 4.48%, Senomyx Inc (NASDAQ:SNMX)

Posted by Lacee Page May 17, 2013 0 Comment 1029 views


E Commerce China Dangdang Inc (NYSE:DANG): In Friday’s trading session, E Commerce China Dangdang Inc (NYSE:DANG) up by 4.48%. It opened at $5.27 per share, touched an intraday high of $5.38 and dropped down to trade at $5.37 per share. Close to 0.383 million shares were traded in pr-market trading session. This number stood above the average volume of 0.988 million that was measured over a 30-day period.

The company reported another solid operational and financial quarter of operational results. There was a marked rise in expected sales which went beyond projected levels. There was a 24% rise in sales of media and books in this quarter. This has allowed E Commerce China Dangdang Inc (NYSE:DANG) to be a top notch brand in the online media sector market. This quarter, DANG’s marketplace program demonstrated outstanding growth momentum once again. In the first quarter, there was a 193% year-over-year growth in sales from general merchandise. This is inclusive of the marketplace and self-procurement. It exceeded sales from media and books for the second straight quarter.

Senomyx Inc (NASDAQ:SNMX): In Friday’s trading session, Senomyx Inc (NASDAQ:SNMX) ascended 3.67%. It opened at $2.14 per share which was also the intraday high of $2.14 and then dropped down to $2.10 in current trading. Close to 0.30 million shares were traded in Friday’s trading session. This number stood above the average volume of 0.228 million that was measured over a 30-day period.

Senomyx Inc focuses on using taste receptor technologies. These are used to identify and develop various flavor ingredients that are used in the packaged beverage, food and ingredient-supply industries. There are ingredients such as cooling and savory flavors. There are flavor modulators such as salt and sweet enhancers as well as bitter-blockers. SNMX has collaborative agreements with numerous packaged beverage, food and ingredient companies. These include Nestle SA, Ajinomoto Co., Inc, Firmenich SA and PepsiCo, Inc. It has developed taste receptor-based assays that are used in its screening systems. These are used to screen compound libraries and for identification of potential flavor ingredients. Senomyx Inc (NASDAQ:SNMX) is developing flavor ingredients that enable its collaborators to reduce the sugar-levels, salt, artificial sweeteners and monosodium glutamate in packaged beverage and food and products.


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Lacee Page is our White House and political campaign reporter. Lacee also covers justice and national law enforcement issues and congressional reporter focusing on the outputs of the legislative process: government spending, agency regulation and congressional oversight. Lacee received a national Edward R. Murrow for spot news award and the regional Associated Press award for best newscast. Lacee attended Riverview High School near Coshocton, and graduated from Ashland College in Ashland, Ohio with a Bachelor of Arts degree in Communications.

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