Response Genetics, Inc. (NASDAQ:RGDX) shares jumped 20.70% to $1.63 in the morning hour. The company on May 16 announced that it has entered into an agreement with health insurer Blue Shield of California to join all of Blue Shield of California’s provider networks.
Additionally, the company on May 14 announced its consolidated financial results and business progress for the first quarter ended March 31, 2013. Total revenue for the first quarter ended March 31, 2013 was $5.6 million compared to $4.0 million for the quarter ended March 31, 2012 and $5.5 million for the quarter ended December 31, 2012.
Cisco Systems, Inc.(NASDAQ:CSCO) stock gained 13.30% to $24.05. The company on May 15 reported its third quarter results for the period ended April 27, 2013. Cisco reported third quarter net sales of $12.2 billion, net income on a generally accepted accounting principles (GAAP) basis of $2.5 billion or $0.46 per share, and non-GAAP net income of $2.7 billion or $0.51 per share.
Net sales for the first nine months of fiscal 2013 were $36.2 billion, compared with $34.4 billion for the first nine months of fiscal 2012. Net income for the first nine months of fiscal 2013, on a GAAP basis, was $7.7 billion or $1.44 per share, compared with $6.1 billion or $1.13 per share for the first nine months of fiscal 2012.
Daqo New Energy Corp (NYSE:DQ) stock climbed 18.94% to $7.65. The company on April 23 announced the filing of its annual report on Form 20-F for the year ended December 31, 2012, which contains the Company’s audited consolidated financial statements, with the Securities and Exchange Commission.
Additionally, the company on April 17 announced its chief operation officer, Qiangmin Zhou has resigned for personal reasons. The company noted that its chief executive officer, Gongda Yao will serve as acting chief operation officer. The company said that Zhou’s decision was not the result of any dispute or disagreement with the Company or its Board on any matter relating to the Company’s operations, policies or practices.