With the�SPDR S&P Biotech Index�up 31% over the trailing-12-month period, it's evident that investment dollars are willingly flowing into the biotech sector. Keeping that in mind, let's have a look at some of the rulings, studies, and companies that made waves in the sector last week.
Earlier this week looked as if it could be the most uneventful week of the year for the biotech sector, but a flurry of mid-to-late week clinical data and advisory panel rulings changed that in a flash.
You can thank the Committee for Medicinal Products for Human Use, or CHMP, for the majority of this week's news. CHMP, which is Europe's equivalent of the Food and Drug Administration's advisory panel, took a closer look at three drugs this past week, divvying out two positive and one negative recommendation.
5 Best Tech Stocks To Watch For 2014: ePlus Inc.(PLUS)
ePlus inc., through its subsidiaries, engages in selling, leasing, financing, and managing information technology (IT) and other assets in the United States. Its Technology Sales segment involves in the direct marketing of IT equipment and third-party software solutions of Cisco Systems, HP, VMWare, NetApp, IBM, and Microsoft; and the provision of proprietary software for enterprise supply management, including order-entry and order-management, procurement, spend management, asset management, document management, distribution, and electronic catalog content management software and services. This segment also provides professional technology services in the areas of data center, storage, security, cloud enablement, and IT infrastructure that cover Internet telephony and communications, collaboration, cloud computing, virtual desktop infrastructure, network design and implementation, storage, security, virtualization, business continuity, visual communications, audio/visual technologies, maintenance, and implementation services. The company?s Financing segment offers a range of leasing and financing options for IT and capital assets, such as computers, associated accessories and software, communication-related equipment, medical equipment, industrial machinery and equipment, office furniture and general office equipment, transportation equipment, and other general business equipment. It also leases and finances equipment, as well as supplies software and services directly and through relationships with vendors and equipment manufacturers. ePlus sells its products primarily through direct sales force, inside sales representatives, and business development associates to commercial customers; federal, state, and local governments; K-12 schools; and higher education institutions. The company was formerly known as MLC Holdings, Inc. and changed its name to ePlus inc. in 1999. ePlus was founded in 1990 and is headquartered in Herndon, Virginia.
5 Best Tech Stocks To Watch For 2014: Formula Systems(1985)
Formula Systems (1985) Ltd., through its subsidiaries, operates as an information technology (IT) solutions and services company worldwide. Its Software Services segment provides software solutions and services, including the development of customer software systems; customization of software developed to provide a response to customers' requirements; systems assimilation; offshore and domestic services primarily for software developments and quality assurance, and software testing; and integration of various components. It also supplies infrastructure solutions for computer and communication systems, as well as sells hardware products; and operates technological training and qualification centers, which provide professional courses for hi-tech personnel, training and assimilation of computer systems, applications courses, professional training, soft-skills training, and training for capital market operations. The company?s Proprietary Software Products segment develops, m arkets, sells, and supports application platform, and business and process integration solutions, including uniPaas Application Platform, an application platform that supports various deployment models; and iBOLT Business and Process Integration Suite that provides business integration and process management solutions with a focus on enterprise applications. It also provides consulting and software development project management, maintenance, technical support, and training services; and telecom infrastructure technologies, cargo handling, and installation service. In addition, this segment offers software solutions for the insurance industry comprising Sapiens INSIGH, a suite of business software solutions that helps insurance carriers adapt to the insurance marketplace; IT services; and outsourcing services. Formula Systems (1985) Ltd. was founded in 1985 and is headquartered in Or Yehuda, Israel. As of November 25, 2010, Formula Systems (1985) Ltd. operates as a subsidiar y of Asseco Poland SA.
10 Best Forestry Stocks To Own Right Now: Insight Enterprises Inc.(NSIT)
Insight Enterprises, Inc. provides information technology (IT) hardware, software, and service solutions to businesses and public sector clients. Its solutions help companies enable, manage, and secure their IT environments. The company offers solutions for data center, network and security, unified communications and collaboration, office productivity, virtualization, mobility, cloud, and data protection domains. Its hardware offering categories include desktop, notebook and tablet, network and power, server and storage, and print and consumables. The company provides software and licensing technology products for office productivity, virtualization, creativity, and data protection categories. It also offers a suite of consulting, technical, and managed services for planning, deployment, operations, warranty, and maintenance. In addition, the company offers a portfolio of software asset management (SAM) services, including SAM consultation, assessment of ISO standard atta inment, and license reconciliations. It operates in North America, Europe, the Middle East, Africa, and the Asia-Pacific. The company was founded in 1988 and is headquartered in Tempe, Arizona.
5 Best Tech Stocks To Watch For 2014: Atmel Corporation(ATML)
Atmel Corporation designs, develops, manufactures, and sells semiconductor integrated circuit (IC) products. The company?s Microcontrollers segment provides various proprietary and standard microcontrollers, such as Atmel?s capacitive touch products, including maXTouch and QTouch, AVR 8-bit and 32-bit products, ARM-based products, and Atmel?s 8051 8-bit products. Its Nonvolatile Memories segment offers serial interface electrically erasable programmable read-only memory and serial interface flash memory products; and parallel interface flash memories, as well as parallel interface electrically erasable programmable read-only memory and erasable programmable read-only memory devices. The company?s Radio Frequency and Automotive segment provides products designed for the automotive industry, including automobile electronics, networking and access systems, and engine, lighting, and entertainment components. This segment produces and sells wireless and wired devices for in dustrial, consumer, and automotive applications; and offers foundry services, which produce radio frequency products for the mobile telecommunications market. Its Application Specific Integrated Circuit segment provides custom application specific ICs designed to meet specialized single-customer requirements of high performance devices in a range of specific applications. This segment provides products that provide hardware security for embedded digital systems; and products with military and aerospace applications, as well as develops application specific standard products for space applications, power management, and secure crypto memory products. The company sells its products directly to original equipment manufacturers; and indirectly through a network of distributors. It has operations in the United States, Asia, Europe, South Africa, and Central and South America. Atmel Corporation was founded in 1984 and is headquartered in San Jose, California.
5 Best Tech Stocks To Watch For 2014: Rosetta Stone(RST)
Rosetta Stone Inc., together with its subsidiaries, provides technology-based language-learning solutions in the United States and internationally. The company develops, markets, and sells language-learning solutions, such as software, online services, mobile applications, and audio practice tools in approximately 30 languages primarily under the Rosetta Stone brand. Its products and services include Rosetta Course, a self-study interactive language-learning curriculum that consists of sequences of listening, speaking, reading, and writing interactions designed to teach, reinforce, and test learners through its software program; Rosetta Studio comprising a series of coach-led practice sessions that provide learners to practice what they have previously learned through the software program; and Rosetta World, an interactive community of language learners, which gives learners the opportunity to play games with other learners. The company also offers Audio Companion, which i s a series of digital audio files that contain lessons aligned to the Rosetta Stone curriculum, allowing users to practice previously learned material; and TOTALe Companion HD, a learning tool that includes a series of practice lessons, which use images, audio, and speech recognition technology to enable users refine their speaking skills. The company also offers SharedTalk, an online peer-to-peer practice environment at sharedtalk.com; and ReFLEX, a solution designed for English learners who want to enhance listening and speaking skills. Rosetta Stone sells its products and services through Websites, call centers, retailers, direct sales force, and a network of kiosks. Its customers include individuals, home school parents, educational institutions, armed forces, government agencies, corporations, and not-for-profit institutions. Rosetta Stone Inc. was founded in 1992 and is headquartered in Arlington, Virginia.
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