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  • Unusual 11 Mid-Day Movers 09/02: BKC, OREX, SCMR, HWD...
    By admin on September 3rd, 2010 | No Comments Comments
    Burger King Holdings Inc. (NYSE: BKC) 24.2% HIGHER; to be acquired by 3G Capital for $24 per share, or a total consideration of $4 billion. Orexigen Therapeutics, Inc. (Nasdaq: OREX) 22.9% HIGHER; announced that they have entered into a partnership with Takeda Pharmaceutical to commercialize and develop Contrave. Sycamore (Nasdaq: SCMR) 21.5% HIGHE...
  • Notable 52-Week High’s and Low’s of the D...
    By admin on September 3rd, 2010 | No Comments Comments
    This report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today. 52-Week High: 3PAR, Inc. (NYSE: PAR) high of 33.84. In the heat of an M&A battle earlier in the day today, shares jumped up to a 52-week high as Dell (Nasdaq: DELL) and Hewlett-Packard (NYSE: HPQ) battled to gain control of th...
  • Trading Radar for 09/03: Campbell Soup (CPB) Reports
    By admin on September 3rd, 2010 | No Comments Comments
    The Trading Radar highlights key earnings and economic announcements for tomorrow’s trading session: Before The Market Opens Economics: 8:30am EDT Nonfarm Payrolls - Street sees (120K) Unemployment Rate - Street sees 9.6% Hourly Earnings - Street sees 0.1% Average Workweek - Street sees 34.2 Earnings: Campbell Soup (NYSE: CPB) - consensus E...
  • After-Hours Movers 09/02: TTWO, FNSR, ULTA, HRB, COO ...
    By admin on September 3rd, 2010 | No Comments Comments
    Take-Two Interactive Software Inc. (NASDAQ: TTWO) 12.6% HIGHER; reports Q3 EPS of $0.07, versus the analyst estimate of ($0.09). TTWO had a Q3 adjusted EPS of $0.28. Revenue for the quarter was $354.1 million, which compares to the estimate of $294.67 million. For the full year, the company raised its sales forecast to a range of $1.05 billion to ...
  • Notable Mergers and Acquisitions of the Day 09/02: PA...
    By admin on September 3rd, 2010 | No Comments Comments
    The unprecedented bidding war for 3Par Inc. (NYSE: PAR) continued on Thursday morning, as the data storage company confirmed that Hewlett Packard Co. (NYSE: HPQ) has increased its offer for the company to $33 per share from a previous offer of $30 per share. The latest offer for 3Par from HP came in ahead of rival Dell Inc.’s (NASDAQ: DELL) most...
  • Morning Movers 9/2: BKC, SCMR, HWD, PIR, MPEL, JWN, C...
    By admin on September 3rd, 2010 | No Comments Comments
    Burger King Holdings Inc. (NYSE: BKC) 24% HIGHER; agrees to be acquired by 3G Capital for $24 per share. Sycamore (Nasdaq: SCMR) 20.1% HIGHER; reports Q4 adjusted EPS of $0.05, 14 cents better than the analyst estimate of ($0.09). Revenue for the quarter was $22.2 million, which compares to the estimate of $15.00 million. Harry Winston Diamond Cor...
  • Notable ETF Movers of the Day 09/02: SPY, XRT, GLD Hi...
    By admin on September 3rd, 2010 | No Comments Comments
    Gainers SPDR S&P 500 (NYSE: SPY) up 0.49% to $108.99. Indexes are higher today as initial jobless claims came in below expectations, 472K versus the consensus of 475K. Continuing claims topped views, but were down month-over-month. PowerShares QQQ (Nasdaq: QQQQ) is trading 0.54% higher as well today. SPDR S&P Retail (NYSE: XRT) up 2.03%...
  • Bid hopes help FTSE stay positive
    By admin on September 3rd, 2010 | No Comments Comments
    The outbreak of bid speculation on the London equities market helps London shares stay positive, while the September rally faces a stern test from US data ...
  • Notable Analyst Rating Changes 09/02: HPQ, RTP, MPEL,...
    By admin on September 3rd, 2010 | No Comments Comments
    UPGRADES JMP Securities upgrades Hewlett-Packard (NYSE: HPQ) from Market Perform to Outperform. RBC Capital upgrades Rio Tinto plc (NYSE: RTP) from Sector Perform to Outperform. Morgan Stanley upgrades Melco Crown Entertainment Ltd. (Nasdaq: MPEL) from Equal Weight to Overweight and raised their price target to $5. Caris upgrades Zumiez (Nasdaq: ZU...
  • EADS rises as Paris reassures on A400M
    By admin on September 3rd, 2010 | No Comments Comments
    European equities held levels attained during the previous session’s strong advance on Thursday, with carmakers able to extend their recent strong run ...

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