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Progenics Pharmaceuticals Inc. Under Current Review.

Publication: M2 Presswire
Publication Date: 31-MAY-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-31 May 2007-www.streetinvesting.com: Progenics Pharmaceuticals Inc. Under Current Review(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:31052007

Please visit www.Streetinvesting.com for the full report.

Wall Street moved ahead Thursday as traders continued to buy on data....

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...favorable acquisition Although the mood was somewhat dampened by a weak reading of the nation's gross domestic product, investors remained upbeat. The latest estimate of first-quarter GDP came in at 0.6 percent, the Commerce Department said, lower than the average economist estimate of 0.8 percent and the 1.3 percent projected in April. This GDP number was also the worst in more than four years. Progenics Pharmaceuticals Inc. (NASDAQ:PCTI) was attracting attention Thursday morning, trading up 1.83% on a trading volume of approximately 410,367.

Recently, our experienced team of researchers has been placing an increased focus on various companies throughout the Canadian Markets. Progenics Pharmaceuticals Inc. was one of the prospective companies...

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