Movers to Watch: Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA), Ocwen Financial Corp (NYSE:OCN), PNC Financial Services Group Inc (NYSE:PNC)

On Thursday, Shares of Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA), subtract -3.75% and closed at $13.35 in the last trading session. The last trading range of the stock ranges between $13.25 and $14.18. ARIAD Pharmaceuticals, Inc. (ARIA) recently declared that its partner Otsuka Pharmaceutical Co., Ltd. (Otsuka) has received approval from the Japanese Pharmaceuticals and Medical Devices Agency (PMDA) for Iclusig® (ponatinib) for the treatment of chronic myeloid leukemia (CML) resistant or intolerant to preceding drug treatment and relapsed or treatment resistant Philadelphia chromosome-positive acute lymphoblastic leukemia (Ph+ ALL).

“Our partnershipwith Otsuka has resulted in recently’s approval of Iclusig in Japan, providing an important new treatment for patients with refractory CML and Ph+ ALL,” stated Paris Panayiotopoulos, president and chief executive officer of ARIAD. “Japan represents a large market opportunity for Iclusig and its first approval in Asia. We are committed to expanding patient access and to continuing our successful partnership with Otsuka as evidenced by recent marketing applications for Iclusig presented in Korea and Taiwan.”

Ocwen Financial Corp (NYSE:OCN), dropped -4.50% and closed at $3.82 in the last trading session. The last trading range of the stock ranges between $3.82 and $4.07. The company’s Market capitalization is $470.10 million with the total Outstanding Shares of 123.99 million. Ocwen Financial Corporation (OCN), a leading financial services holding company, and NID Housing Counseling Agency (NID), a U.S. Department of Housing and Urban Development (HUD)-approved counseling organization headquartered in Oakland, CA, will host a borrower outreach event on Saturday, October 8, 2016 in Sacramento, California. The Sacramento Chapter of NAACP is teaming up with Ocwen and NID for this event to ensure a strong turnout of Ocwen customers.

The event will be held from 8:00 a.m. 2:00 p.m. at 2863 35th Street in Sacramento, across from Guild Theater. Admission and parking are free for all attendees. RSVPs are not required.

Ocwen customers, who are struggling to meet their mortgage obligations, will have the opportunity to meet one-on-one with Ocwen Home Retention Agents and NID housing counselors to discuss loan modification options that could assist lower their mortgage payments.

PNC Financial Services Group Inc (NYSE:PNC), gained 0.33% and closed at $91.82 in the last trading session. The last trading range of the stock ranges between $90.98 and $91.99. During the 52-week trading session the minimum price at which share price traded, registered at $77.40 and reached to max level of $97.50. Owners of small and mid-sized businesses are upbeat about the U.S. economy amid steady expectations for their sales and hiring during the next six months, according to the most recent PNC Economic Outlook Survey findings.

The fall findings of PNC’s biannual telephone survey, which began in 2003, reveal that 71 percent are optimistic about the national economy, the most since 2005, and up from 55 percent in the spring. Meanwhile, 77 percent are optimistic about their local economy, the highest since 2014.

Asked what term best describes their feelings about the business climate during the next six months, “hope” was chosen by 55 percent. This compares to 16 percent for “enthusiasm.” On the negative side, 11 percent chose “fear” and 4 percent picked “despair.”

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