Coca-Cola Hellenic Moving to Switzerland and 1 Stock Reaching 52-Week Highs
Coca Cola Hellenic (NYSE:CCH): According to the Wall Street Journal, as southern European companies leave the troubled region, Coca-Cola Hellenic Bottling Co., the largest company by value on the Greek stock market, is moving their headquarters to Switzerland and will switch their main market listing to London. Their shares closed at $21.75, up $1.3 or 6.36% on the day. They have traded in a 52-week range of $14.30 to $21.80.
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NPS Pharmaceuticals (NASDAQ:NPSP): The Federal Drug Administration’s Advisory Committee said in their briefing documents before their October 16 meeting, “Our preliminary findings regarding the primary efficacy data analyses and the identification of significant safety events of interest are in general agreement with those of NPS Pharmaceuticals.” The purpose of the meeting is to discuss the safety and efficacy of the use of the company’s Gattex for the treatment of adult patients with Short Bowel Syndrome to improve intestinal absorption of fluid and nutrients. Shares of NPS Pharmaceuticals (NASDAQ:NPSP) are rallying 13%, or $1.21, to $10.34 in pre-market trading. Their shares closed at $10.86, up $1.73 or 18.95% on the day. They have traded in a 52-week range of $4.35 to $10.07.