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Unusual 11 Mid-Day Movers 4/27: IGC, ASFN, GRAN, MSPD...By admin on April 27th, 2010 | No Comments
India Globalization Capital, Inc. (AMEX: IGC) 68.2% HIGHER; announced today they have signed a 5 year contract with a leading Chinese steel manufacturer, to begin supplying iron ore. The contract is valued at approximately $160 million. Under the agreement, IGC will deliver 63.5 percent ferrous content iron ore, initially 40,000 Metric Tons per shi... -
Notable ETF Movers of the Day 04/27: VXX, UNG Up; XME...By admin on April 27th, 2010 | No Comments
Gainers iPath S&P 500 VIX Short-Term Futures ETN (NYSE: VXX) up 8.6% to $19.63. The CBOE VIX shot up about after S&P changed their rating on Greek debt to junk. United States Natural Gas (NYSE: UNG) up 0.13% to $7.60. Feeling a pinch ahead of inventory data tomorrow that is expected to show a marked increase in reserves. Receders SPDR S... -
Notable ETF Movers of the Day 04/27: VXX, UNG Up; XME...By admin on April 27th, 2010 | No Comments
Gainers iPath S&P 500 VIX Short-Term Futures ETN (NYSE: VXX) up 8.6% to $19.63. The CBOE VIX shot up about after S&P changed their rating on Greek debt to junk. United States Natural Gas (NYSE: UNG) up 0.13% to $7.60. Feeling a pinch ahead of inventory data tomorrow that is expected to show a marked increase in reserves. Receders SPDR S... -
Morning Movers 4/27: ASFN, GRAN, NEXM, MSII, CRUS, HX...By admin on April 27th, 2010 | No Comments
Atlantic Southern Financial (Nasdaq: ASFN) 69.8% HIGHER; regional banks continuing higher today. The stock is over $5 today. Bank of Granite (Nasdaq: GRAN) 56.2% HIGHER; a regional banker continuing higher today. NexMed, Inc. (NASDAQ: NEXM) 32% HIGHER; announced that the U.S. FDA has cleared the Company to proceed with the proposed Phase 2 trial of... -
Morning Movers 4/27: ASFN, GRAN, NEXM, MSII, CRUS, HX...By admin on April 27th, 2010 | No Comments
Atlantic Southern Financial (Nasdaq: ASFN) 69.8% HIGHER; regional banks continuing higher today. The stock is over $5 today. Bank of Granite (Nasdaq: GRAN) 56.2% HIGHER; a regional banker continuing higher today. NexMed, Inc. (NASDAQ: NEXM) 32% HIGHER; announced that the U.S. FDA has cleared the Company to proceed with the proposed Phase 2 trial of... -
Notable Analyst Rating Changes 04/27: PPDI, MRVL, TAS...By admin on April 27th, 2010 | No Comments
UPGRADES Goldman Sachs upgrades Pharmaceutical Product Development Inc. (Nasdaq: PPDI) from Sell to Neutral and raised their 6-month price target $18 to $28. Deutsche Bank upgrades Marvell Technology (Nasdaq: MRVL) from Hold to Buy, with a price target of $28. J.P. Morgan upgrades TASER (Nasdaq: TASR) to Neutral from Underweight. Cavium Networks (N... -
Notable Analyst Rating Changes 04/27: PPDI, MRVL, TAS...By admin on April 27th, 2010 | No Comments
UPGRADES Goldman Sachs upgrades Pharmaceutical Product Development Inc. (Nasdaq: PPDI) from Sell to Neutral and raised their 6-month price target $18 to $28. Deutsche Bank upgrades Marvell Technology (Nasdaq: MRVL) from Hold to Buy, with a price target of $28. J.P. Morgan upgrades TASER (Nasdaq: TASR) to Neutral from Underweight. Cavium Networks (N... -
Notable Mergers and Acquisitions of the Day 04/27: SS...By admin on April 27th, 2010 | No Comments
Two months after launching a strategic review of its character licensing business, The E.W. Scripps Company (NYSE: SSP) has signed an agreement to sell United Media Licensing for $175 million to Iconix Brand Group, Inc. (Nasdaq: ICON). In conjunction with this transaction, Iconix has formed a partnership with the family of the late Charles Schulz,... -
Notable Mergers and Acquisitions of the Day 04/27: SS...By admin on April 27th, 2010 | No Comments
Two months after launching a strategic review of its character licensing business, The E.W. Scripps Company (NYSE: SSP) has signed an agreement to sell United Media Licensing for $175 million to Iconix Brand Group, Inc. (Nasdaq: ICON). In conjunction with this transaction, Iconix has formed a partnership with the family of the late Charles Schulz,... -
After-Hours Movers 4/26: NEXM, DAIO, SOA, DVAX, MSPD ...By admin on April 27th, 2010 | No Comments
NexMed, Inc. (NASDAQ: NEXM) 52% HIGHER; announced that the U.S. FDA has cleared the Company to proceed with the proposed Phase 2 trial of PrevOnco™, its proprietary cancer treatment for patients with advanced, unresectable hepatocellular carcinoma, or liver cancer. The FDA granted PrevOnco™ orphan drug status in August 2008, and in March 2010, ...
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