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After-Hours Movers 9/30: CPRX, XRTX, BCRX, BAC Higher...By admin on September 30th, 2009 | No Comments
Catalyst Pharmaceutical Partners, Inc. (Nasdaq: CPRX) 30% HIGHER; will continue to develop CPP-109 (Catalyst’s version of vigabatrin) for the treatment of cocaine and methamphetamine addiction. The Company’s decision was made after, and based upon, an in-depth review of the results obtained from its 186-patient Phase II clinical trial e... -
Trading Radar for 10/1: Constellation Brands (STZ), A...By admin on September 30th, 2009 | No Comments
The Trading Radar highlights key earnings and economic announcements for tomorrow’s trading session: Before Market Opens: Economics: 8:30am ET Personal Income/Spending for August Initial Jobless Claims for the week of 9/26 - Street expects 535K Earnings: Constellation Brands (NYSE: STZ) - consensus EPS $0.41 Intraday or Not Specified: Econ... -
Unusual 11 Mid-Day Movers 9/30: HOKU, ICCC, VSR, DSCO...By admin on September 30th, 2009 | No Comments
Hoku Scientific, Inc. (NASDAQ: HOKU) 74.8% HIGHER; today announced the signing of a definitive agreement providing for a majority investment in Hoku by Tianwei and debt financing by Tianwei and China Construction Bank for the construction and development of Hoku’s polysilicon production facility in Pocatello, Idaho. The transaction will invol... -
Notable Analyst Rating Changes 9/30: NKE, HBAN, AMSC,...By admin on September 30th, 2009 | No Comments
UPGRADES: Goldman Sachs upgraded Nike (NYSE: NKE) from Neutral to Buy with a $75 price target. Deutsche Bank upgrades Huntington Bank (Nasdaq: HBAN) from Hold to Buy. Price target increased to $5.50. Click here for the full report. Kaufman Bros. upgrades American Superconductor Corp. (NASDAQ: AMSC) from Hold to Buy. Price target increased to $36. H... -
Notable Mergers and Acquisitions of the Day 9/30: AMP...By admin on September 30th, 2009 | No Comments
Ameriprise Financial, Inc. (NYSE: AMP) announced a definitive agreement to acquire the long-term asset management business of Columbia Management from Bank of America (NYSE: BAC) for approximately $1 billion in cash. The transaction is expected to be accretive to Ameriprise Financial earnings and return on equity within one year, excluding one-ti... -
Morning Movers 9/30: HOKU, ICCC, VSR, CFW, DSCO Highe...By admin on September 30th, 2009 | No Comments
Hoku Scientific, Inc. (NASDAQ: HOKU) 93% HIGHER; today announced the signing of a definitive agreement providing for a majority investment in Hoku by Tianwei and debt financing by Tianwei and China Construction Bank for the construction and development of Hoku’s polysilicon production facility in Pocatello, Idaho. The transaction will involve... -
StreetInsider’s Best of the Web 9/30By admin on September 30th, 2009 | No Comments
Best of the Web Inflation is Our Future JPMorgan’s (NYSE: JPM) Jamie Dimon Misses Own Too-Big-to-Fail Threat Princeton Endowment Fell 23% The Fed Is Literally The Entire Mortgage Market Kraft (NYSE: KFT) given deadline for Cadbury bid (NYSE: CBY) FDIC Fund to Be in Red for Years ... -
After-Hours Movers 9/29: HOKU, JBL, ZZ, NKE Higher; C...By admin on September 30th, 2009 | No Comments
Hoku Scientific, Inc. (NASDAQ: HOKU) 41% HIGHER; today announced the signing of a definitive agreement providing for a majority investment in Hoku by Tianwei and debt financing by Tianwei and China Construction Bank for the construction and development of Hoku’s polysilicon production facility in Pocatello, Idaho. The transaction will involve... -
Trading Radar for 9/29: Actuant (ATU), Lawson Softwar...By admin on September 30th, 2009 | No Comments
The Trading Radar highlights key earnings and economic announcements for tomorrow’s trading session: Before Market Opens: Economics: 8:15am ET ADP Employment for Sept. - Street expects -200K 8:30am ET Final GDP for Q2 - Street expects -1.2% Earnings: Actuant (NYSE: ATU) - consensus EPS $0.16 Intraday or Not Specified: Economics: 9:45am ET... -
Wall Street slides in volatile tradingBy admin on September 30th, 2009 | No Comments
Wall Street struggled to recover from early losses in volatile trading after a gauge of business activity in America’s Midwest unexpectedly shrank ...
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