Morning Buzz : AbbVie Inc. (NYSE:ABBV), PDL BioPharma, Inc. (NASDAQ:PDLI), Thompson Creek Metals Company Inc. (NYSE:TC), Chevron Corporation (NYSE:CVX), ServisFirst Bancshares (NASDAQ:SFBS)

Technology Stocks News 9

The new head of the Canadian operations AbbVie Inc. (NYSE:ABBV)., the U.S. drug giant that recently scuppered its proposed merger with Shire PLC, said Canada will not get more research and development work from big pharmaceutical companies until the country reforms its intellectual property rules. AbbVie Inc. (NYSE:ABBV) belongs to Healthcare sector. Its net profit margin is 21.70% and weekly performance is 12.51%. On last trading day company shares ended up $59.52. AbbVie Inc. (NYSE:ABBV) distance from 50-day simple moving average (SMA50) is 6.22%.

On Oct 21, Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the District of Nevada on behalf of investors who purchased . PDL BioPharma, Inc. (NASDAQ:PDLI) common stock between November 6, 2013 and September 16, 2014. PDL BioPharma, Inc. (NASDAQ:PDLI) shares advanced 0.85% in last trading session and ended the day at $8.33. PDLI Gross Margin is 98.90% and its return on assets is 41.20%. PDL BioPharma, Inc. (NASDAQ:PDLI) quarterly performance is -11.00%.

On October 20, Thompson Creek Metals Company Inc. (NYSE:TC)has scheduled a conference call/webcast for analysts and investors to discuss its third quarter 2014 financial results on Tuesday, November 11, 2014, at 12:00 p.m. ET. On 23 October, Thompson Creek Metals Company Inc. (NYSE:TC) shares advanced 1.55% and was closed at $1.97. TC EPS growth in last 5 year was -24.30%. Thompson Creek Metals Company Inc. (NYSE:TC) year to date (YTD) performance is -9.63%.

Chevron Corporation (NYSE:CVX) announced a new oil discovery at the Guadalupe prospect in the deepwater U.S. Gulf of Mexico. The Keathley Canyon Block 10 Well No. 1 encountered significant oil pay in the Lower Tertiary Wilcox Sands. The well is located around 180 miles off the Louisiana coast in 3,992 feet of water and was drilled to a depth of 30,173 feet. Chevron Corporation (NYSE:CVX) belongs to Basic Materials sector. Its net profit margin is 9.20% and weekly performance is 4.62%. On last trading day company shares ended up $116.19. Chevron Corporation (NYSE:CVX) distance from 50-day simple moving average (SMA50) is -4.62%.

On Oct.20, ServisFirst Bancshares, Inc. (NASDAQ:SFBS) announced earnings and operating results for the quarter and nine months ended September 30, 2014, and simultaneously announced today the signing of a definitive agreement and plan of merger (“Agreement”) with Metro Bancshares, Inc. As discussed below, according to the terms of the Agreement, ServisFirst will acquire all of the outstanding stock of Metro Bancshares, Inc. ServisFirst Bancshares, Inc. (NASDAQ:SFBS) shares advanced 1.01% in last trading session and ended the day at $28.89. SFBS return on assets is 1.30%. ServisFirst Bancshares, Inc. (NASDAQ:SFBS) quarterly performance is 1.55%.

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