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» 2009 » June

  • Bonds sink as stocks surge
    By admin on June 1st, 2009 | No Comments Comments
    Government debt prices sank Monday as Wall Street rallied, with the Dow Jones industrial average adding as much as 200 points after General Motors filed for bankruptcy. ...
  • Trading Radar for 6/2: VeriFone (PAY), Hovnanian (HOV...
    By admin on June 1st, 2009 | No Comments Comments
    The Trading Radar highlights key earnings and economic announcements for tomorrow’s trading session: Before Market Opens: Earnings: Aries Maritime Transport (Nasdaq: RAMS) - consensus loss $0.17 Daktronics (Nasdaq: DAKT) - consensus EPS $0.09 United Natural Foods (Nasdaq: UNFI) - consensus EPS $0.34 Intraday or Not Specified: Economics: 10am ...
  • Unusual 11 Mid-Day Movers 6/1: FEP, PMI, GPRE, ETWC H...
    By admin on June 1st, 2009 | No Comments Comments
    Franklin Electronic Publishers, Inc. (AMEX: FEP) 111% HIGHER; today announced that it has received a copy of a Schedule 13D filed with the SEC relating to a non-binding proposal by Saunders Acquisition Corporation for an all cash acquisition at $2.35 per share. More from the release. ARCA biopharma (Nasdaq: ABIO) 42.4% LOWER; received a Complete Re...
  • Notable Analyst Rating Changes 6/1: YHOO, X, ITW, WFM...
    By admin on June 1st, 2009 | No Comments Comments
    UPGRADES: Barclays upgrades Yahoo (Nasdaq: YHOO) from Equal-weight to Overweight and raised its price target from $15 to $20. Click here for full color on the upgrade. Goldman Sachs upgrades United States Steel Corp. (NYSE: X) from Sell to Neutral and raises its price target from $28 to $34. Credit Suisse upgrades Illinois Tool Works (NYSE: ITW) f...
  • Notable Mergers and Acquisitions of the Day 6/1: NETL...
    By admin on June 1st, 2009 | No Comments Comments
    NetLogic Microsystems, Inc. (NASDAQ: NETL) today announced that they have entered into a definitive agreement to merge. RMI’s portfolio of high-performance, low-power products includes the industry-leading families of XLP(TM), XLR(R) and XLS(R) Multi-Core, Multi-Threaded Processors for converged IP networks, which have been successfully desi...
  • Morning Movers 6/1: KERX, AGEN, ETWC, EGOV Higher; AB...
    By admin on June 1st, 2009 | No Comments Comments
    Keryx Biopharmaceuticals, Inc. (Nasdaq: KERX) 98.6% HIGHER; At ASCO yesterday, Keryx announced data on the clinical activity of KRX-0401 (perifosine), the Company’s Akt-inhibitor for cancer, in combination with capecitabine as a treatment for advanced colon cancer. Click here for the full report. ARCA biopharma (Nasdaq: ABIO) 43.5% LOWER; rec...
  • Chinese data energises Europe’s shares
    By admin on June 1st, 2009 | No Comments Comments
    Elan, Ireland’s largest biotechnology company, climbed on Monday on fresh talk that a larger rival was eyeing a strategic stake ...
  • FTSE’s extends rally as optimism builds
    By admin on June 1st, 2009 | No Comments Comments
    London equities continued to make progress strong on Monday, with growing optimism about the prospects for a global recovery helping extend May’s strong run on the FTSE 100. ...
  • China’s output buoys commodity groups
    By admin on June 1st, 2009 | No Comments Comments
    Asian stocks jumped to multi-month highs after a gauge of manufacturing activity in the region’s second largest economy helped to increase optimism about a global recovery ...
  • ‘One of the Best Venues for Competition, Liquid...
    By admin on June 1st, 2009 | No Comments Comments
    “Changes Helping NYSE Grow Market Share,” reports Securities Industry News. The article offers a concise rundown of recent changes in the NYSE’s market structure — including Designated Market Makers and Supplemental Liqudity Providers — as well as improvements such as lower latency and new pricing, plus new services ...

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