News Corp CEO Rupert Murdoch Buys Winery in Bel Air and 2 Other Hot Stocks to Watch
News Corp. (NASDAQ:NWSA): Current price $15.75
Rupert Murdoch on Tuesday closed the purchase of estate and winery Moraga Vineyards in the Bel Air neighborhood of Los Angeles for $28.8 million, listing agent Jim Kline of Surterre Properties in Newport Beach, California, said. The 13-acre property had been listed for $29.5 million in February and features a 7,500-square-foot main home with three bedrooms, four bathrooms, an octagonal dressing room, and maid’s quarters.
Astex Pharmaceuticals Inc. (NASDAQ:ASTX): Current price $6.80
Astex on Wednesday announced top-line results from the ongoing phase 2 of SGI-110 in patients with AML and MDS. The Phase 2 evaluation is a randomized study of SGI-110 given either as 60 or 90 mg/m2 daily for 5 days in a 28-day course. As of end of June data cutoff, 67 AML patients had a minimum follow up of 3 months (50 patients representing the complete cohort of relapsed/refractory AML, and 17 patients in the treatment-naive elderly AML not suitable for induction chemotherapy cohort). Shares were up more than 22 percent in morning trading in heavy volume.
TiVo Inc. (NASDAQ:TIVO): Current price $11.50
TiVo shares are up more than 5 percent Wednesday in heavy trading after the TV set-top box company on Tuesday posted a fiscal second-quarter profit that was driven by gains from royalty and settlement payments from Cisco Systems Inc. and Motorola.
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