Notable News Review: Supernus Pharmaceuticals Inc (NASDAQ:SUPN), ShoreTel Inc (NASDAQ:SHOR), Big Lots, Inc. (NYSE:BIG)

On Friday, Shares of Supernus Pharmaceuticals Inc (NASDAQ:SUPN) subtract -5.24% and closed at $20.81 in the last trading session. The last trading range of the stock ranges between $20.62 and $22.17. Supernus Pharmaceuticals, Inc. (SUPN), a specialty pharmaceutical company focused on developing and commercializing products for the treatment of central nervous system diseases, recently declared positive topline results from its Phase IIb dose-ranging clinical trial of SPN-812 in children for the treatment of attention deficit hyperactivity disorder (ADHD).

The trial was successful in meeting the primary endpoint, demonstrating that SPN-812 at daily doses of 400 mg, 300 mg and 200 mg achieved a statistically noteworthyimprovement in the symptoms of ADHD from baseline to end of study as measured by the ADHD Rating Scale-IV. All SPN-812 doses tested in the trial were well tolerated. Based on these positive results in children with ADHD and the positive Phase IIa results in adults with ADHD, Supernus plans to have an end-of-Phase II meeting with the U.S. Food and Drug Administration (FDA) after which it will initiate Phase III clinical testing.

ShoreTel Inc (NASDAQ:SHOR) dropped -2.32% and closed at $7.17 in the last trading session. The last trading range of the stock ranges between $7.02 and $7.43. The company’s Market capitalization is $475.44M with the total Outstanding Shares of $67.88M. ShoreTel® (SHOR), the leading provider of brilliantly simple unified communications (UC) solutions and phone systems, recently declared it will issue its press release reporting the financial results for its fiscal first quarter ended September 30, 2016 following the close of the market on Thursday, October 27, 2016.

Big Lots, Inc. (NYSE:BIG) lost -0.91% and closed at $44.81 in the last trading session. The last trading range of the stock ranges between $44.72 and $45.45. Big Lots, Inc., through its auxiliaries, operates as a non-traditional, discount retailer in the United States. The company offers products under various merchandising categories, such as food category that includes beverage and grocery, candy and snacks, and specialty foods departments; consumables category, which comprises health and beauty, plastics, paper, chemical, and pet departments; soft home category that consists of home décor, frames, fashion bedding, utility bedding, bath, window, decorative textile, and area rugs departments; hard home category, counting small appliances, table top, food preparation, stationery, greeting cards, and home maintenance departments; and furniture category consisting of upholstery, mattress, ready-to-assemble, and case goods departments. It also provides merchandise under the seasonal category that includes lawn and garden, summer, Christmas, toys, and other holiday departments; and electronics and accessories category, counting electronics, jewelry, hosiery, and infant accessories departments.

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