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Indevus (IDEV Quote) shares slid 69% to $1.26 Wednesday on news of a Food and Drug Administration delay. The company said regulators will not approve Nebido, a long-acting injectable testosterone, without additional safety data and a new clinical trial expected to take 18 months.
AMD(AMD Quote) gained 39 cents, or 5.7%, to $7.20 after the company unveiled a new group of chips, named Puma, specifically designed for notebooks. The move represents AMD's most concerted effort to enter the growing market for mobile PCs.
Tibco(TIBX Quote) shed 60 cents, or 7.8%, to $7.12 after the company said second-quarter profit would fall short of expectations. ...
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