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