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Unusual 11 Mid-Day Movers 8/26: NYMX, VG, SOMX, USEG ...By admin on August 26th, 2009 | No Comments
Nymox Pharmaceutical Corporation (Nasdaq: NYMX) 36.6% HIGHER; shares have spiked mid-day on news that NX-1207, the Company’s lead drug in development, has been shown to repeatedly produce strongly positive results when given to animals with hepatocellular carcinoma. In the experimental studies, the cancers were significantly reduced in size a... -
Notable Analyst Rating Changes 8/26: STJ, GMR, KMT, C...By admin on August 26th, 2009 | No Comments
UPGRADES: Wells Fargo upgrades St. Jude Medical, Inc. (NYSE: STJ) to Outperform. Valuation Range increased to $43-$45 from $38-$40. Here is more color on the upgrade. FBR Research upgrades General Maritime (NYSE: GMR) to Outperform from Market Perform based on attractive valuation. Click here for the full report. J.P. Morgan upgrades Kennametal (NY... -
Notable Mergers and Acquisitions of the Day 8/26: CF/...By admin on August 26th, 2009 | No Comments
Terra Industries Inc. (NYSE: TRA) sent the following letter to CF Industries Holdings, Inc. (NYSE: CF) in response to CF’s letter dated August 5, 2009: The Board of Directors of Terra Industries Inc., with the assistance of its financial and legal advisors, has carefully considered your latest proposal to combine our companies. Our Board has... -
Morning Movers 8/26: VG, GSAT, HGSI, MYGN Higher; CCU...By admin on August 26th, 2009 | No Comments
Vonage (NYSE: VG) 51.8% HIGHER; shares jumped 30% on Monday and 165% yesterday as the company announced that it has plans to enter the mobile application market. Volume has been extremely heavy in the stock this week. Concurrent (Nasdaq: CCUR) 24.6% LOWER; reported Q4 EPS of $0.03, versus the analyst estimate of $0.15 and compared to a loss of $0.1... -
After-Hours Movers 8/25: DDSS, CRME, MYGN, BCSI Highe...By admin on August 26th, 2009 | No Comments
Labopharm Inc. (NASDAQ: DDSS) 15.5% HIGHER; today announced the U.S. FDA has accepted Labopharm’s response regarding its novel formulation of the antidepressant trazodone as complete and designated it as a Class 2 resubmission. The FDA has assigned Labopharm a new Prescription Drug User Fee Act action date of February 11, 2010. Hain Celestial... -
Trading Radar for 8/26: Guess (GES), Williams-Sonoma ...By admin on August 26th, 2009 | No Comments
The Trading Radar highlights key earnings and economic announcements for tomorrow’s trading session: Before Market Opens: Economics: 8:30am ET Durable Goods Orders for July - Street expects 3.2% Earnings: Brown Shoe Company (NYSE: BWS) - consensus loss $0.07 DSW (NYSE: DSW) - consensus EPS $0.11 Isle of Capri Casinos (Nasdaq: ISLE) - consen... -
Unusual 11 Mid-Day Movers 8/25: WLDN, CASM, CMRG, SPD...By admin on August 26th, 2009 | No Comments
Willdan Group, Inc. (NASDAQ: WLDN) 126% HIGHER; announced that its wholly-owned subsidiary, Willdan Energy Solutions, was awarded a $67 million contract with Consolidated Edison Company of New York, Inc., a subsidiary of Consolidated Edison, Inc. (NYSE: ED), to implement Con Edison’s new energy efficiency program for small business customers.... -
Notable Analyst Rating Changes 8/25: GOOG, COST, RTP,...By admin on August 26th, 2009 | No Comments
UPGRADES: ThinkEquity upgrades Google (Nasdaq: GOOG) from Source of Funds to Buy, also raising its price target by 37.5% from $400 to $550. William Blair upgrades Costco (Nasdaq: COST) from Underperform to Market Perform. BMO Capital upgrades Rio Tinto (NYSE: RTP) from Market Perform to Outperform. Morgan Stanley upgrades Lowe’s (NYSE: LOW) ... -
Notable Mergers and Acquisitions of the Day 8/25: VRS...By admin on August 26th, 2009 | No Comments
VeriSign, Inc. (NASDAQ: VRSN) announced a definitive agreement to sell its Messaging Business to Tampa, Fla.-based Syniverse Holdings, Inc. (NYSE: SVR), for cash consideration of $175 million, subject to working capital adjustments. The transaction is subject to certain closing conditions and regulatory approvals. “Even under challenging eco... -
Wall Street slips in choppy tradingBy admin on August 26th, 2009 | No Comments
US stocks fluctuated morning as investors digested mixed economic data ...
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