Hot Stocks: Titan International Inc (NYSE:TWI), Ampio Pharmaceuticals Inc (NYSEMKT:AMPE), Geron Corporation (NASDAQ:GERN)
Titan International Inc (NYSE:TWI) stock closed at $14.64. The company on Sept. 26 announced that it priced its previously announced offering of $400 million U.S. dollars aggregate principal amount of its Senior Secured Notes due 2020 (the “Notes”). The Notes will be sold at an offering price of 100% and will bear interest at a rate of 6.875% per annum. The Notes are being offered only to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and outside the United States in compliance with Regulation S.
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Ampio Pharmaceuticals Inc (NYSEMKT:AMPE) shares closed at $7.50. The company on Sept. 30 announced additional positive results from the SPRING study (clinicaltrials.gov NCT01839331) of Ampion™ for the treatment of osteoarthritis of the knee (OAK). In this study of 329 patients, patients treated with a single intra-articular injection of Ampion™ achieved a clinically meaningful reduction in pain. Ampio announced on August 14, 2013 that the SPRING study met its primary and key secondary endpoints.
Geron Corporation (NASDAQ:GERN) shares declined 9.46% to $3.35. On September 24, 2013, the Compensation Committee of the Board of Directors of Geron Corporation approved, and effective September 24, 2013, the Company entered into, an amendment to the employment agreements between the Company and each of the following executive officers of the Company: Melissa A. Kelly Behrs, Senior Vice President, Portfolio and Alliance Management, Olivia K. Bloom, Senior Vice President, Finance, Chief Financial Officer and Treasurer, Craig C. Parker, Senior Vice President, Corporate Development, and Stephen N. Rosenfield, Executive Vice President, General Counsel and Corporate Secretary.