o Following Arena Pharmaceuticals, Inc.’s (NASDAQ:ARNA) obesity drug receiving acceptance from European regulators for review, the company’s stocks shot up by 24.9%
o For the first time since November 2007, American Express Company (NYSE:AXP) announced a dividend hike and raised the quarterly dividend by $0.02 to $0.20
o Lower-than-estimated revenues in the first quarter led AudioCodes Ltd. (NASDAQ:AUDC) to lower its 2012 preliminary revenue estimates
o With weekend collections grossing over $155 million, Lions Gate Entertainment Corp.’s (NYSE:LGF) “The Hunger Games” broke the record for the third-largest opening and shares of the company soared 4.5%
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