Big Movers: Peregrine Pharmaceuticals, Inc. (NASDAQ:PPHM), ArcelorMittal SA (ADR) (NYSE:MT), KeyCorp. (NYSE:KEY), TransCanada Corporation (NYSE:TRP), Cullen/Frost Bankers, Inc. (NYSE:CFR)

Peregrine Pharmaceuticals, Inc. (NASDAQ:PPHM) announced that it is discontinuing the company’s Phase III SUNRISE trial of bavituximab in patients with previously treated locally advanced or metastatic non-squamous non-small cell lung cancer (NSCLC).

Peregrine Pharmaceuticals, Inc. (NASDAQ:PPHM) shares fell -61.86% in last trading session and ended the day at $0.41. PPHM Gross Margin is 49.70% and its return on assets is -59.70%. Peregrine Pharmaceuticals, Inc. (NASDAQ:PPHM) quarterly performance is -66.55%.

ArcelorMittal SA (ADR) (NYSE:MT) said that, it admits that its poor relationship with the government had effectively sunk the company, but it is resolving this problem and hopes to get back onto its feet.

ArcelorMittal SA (ADR) (NYSE:MT) belongs to Basic Materials sector. Its net profit margin is -12.50%. On last trading day company shares ended up at $3.53. ArcelorMittal SA (ADR) (NYSE:MT) distance from 50-day simple moving average (SMA50) is -5.33%.

KeyCorp. (NYSE:KEY) announced that Don Kimble, Chief Financial Officer, andChris Gorman, President of Key Corporate Bank, will present at the RBC Capital Markets Financial Institutions Conference in New York City on Tuesday, March 8, 2016, at 8:30 a.m. ET.

KeyCorp. (NYSE:KEY) shares moved up 0.28% in last trading session and ended the day at $10.72. KEY return on assets is 0.90%. KeyCorp. (NYSE:KEY) quarterly performance is -17.95%.

TransCanada Corporation (NYSE:TRP) said that, it wants to sue the US for over US$15 billion in damages – because President Obama rejected the contested Keystone XL oil pipeline. A warning sign for extreme corporate rights in EU trade deals such as TTIP and CETA.

TransCanada Corporation (NYSE:TRP) ended the last trading day at $36.76. Company weekly volatility is calculated as 2.73% and price to cash ratio as 41.70. TransCanada Corporation (NYSE:TRP) showed a weekly performance of 1.24%.

Cullen/Frost Bankers, Inc. (NYSE:CFR) announced a quarterly dividend. Shareholders of record on Monday, February 29th will be given a dividend of 0.53 per share on Tuesday, March 15th. This represents a $2.12 dividend on an annualized basis and a yield of 4.26%. The ex-dividend date is Thursday, February 25th.

Cullen/Frost Bankers, Inc. (NYSE:CFR) shares increased 3.89% in last trading session and ended the day at $50.15. CFR return on assets is 1.00%. Cullen/Frost Bankers, Inc. (NYSE:CFR) quarterly performance is -27.67%.

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