(RLRN, FN, MSHL) CRWENewswire Stocks In Action

karmastock 2011-08-16

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Good Tuesday Morning, Its August 16th, 2011, I’m Sara Bryant with CRWENewswire Stocks In Action. Fabrinet - symbol FN - reported total revenue of $190.3 million for the fourth quarter of fiscal 2011, an increase of 21% year over year. Permira Funds will acquire all of the outstanding shares of Renaissance Learning Incorporated - symbol RLRN - for $14.85 per share in cash, or approximately $440 million. Marshall Edwards Incorporated - symbol MSHL - reported that its (IND) application for ME-143, the Company’s lead NADH oxidase inhibitor, has been approved by the (FDA). In pre-clinical studies, ME-143 has demonstrated anti-tumor activity against a number of tumor cell lines. Thanks for joining me and have a great day! For CRWE Newswire, Stocks In Action, I’m Sara Bryant

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