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Stock of the Day

Platinum Underwriters (PTP) to be Acquired by RenaissanceRe Holdings in $1.9B Deal

November 24th, 2014

Shares of Platinum Underwriters Holdings Ltd. (PTP) were up +11.98 or +19.55 percent to $73.25 per share in Monday premarket trading, after news that the company had entered into a definitive agreement to be taken over by RenaissanceRe Holdings Ltd (RNR). Platinum Underwriters’ stock closed at $61.27, up +0.01 or +0.02 percent in Friday’s regular
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GameStop (GME) Stock Pummeled after Third Quarter Results

November 21st, 2014

Shares of GameStop Corporation (GME) were down -3.99 or -9.16 percent to $39.55 in premarket trading this morning after the company reported lower than expected earnings for the third quarter after the market close on Thursday. GameStop stock closed at $43.54, up +0.26 or +0.60 percent in Thursday’s regular trading session. Grapevine, Texas based GameStop
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GoPro (GPRO) Announces Pricing on Secondary Public Offering

November 20th, 2014

Shares of GoPro Inc. (GPRO) were trading down -4.84 or -6.12 percent to $74.25 in this morning’s premarket after the company announced the price of a secondary offering of stock late yesterday after the market close. GoPro announced the offering through a regulatory filing late Monday. GoPro stock closed down -5.01 or -5.96 percent to
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Virgin America (VA) Up in Aftermath of IPO

November 19th, 2014

Shares of Burlingame, California based Virgin America, Inc. (VA) rose sharply on Tuesday, amid a modest up day on Wall Street overall. Virgin America’s stock was up 13.37%, rising $4.37 per share to close at 37.05, on volume of 12,834,580 shares. The gain comes following a successful IPO last Friday, when the stock opened with
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SunEdison (SUNE) to Acquire First Wind

November 18th, 2014

Shares of SunEdison Inc. (SUNE) were trading up +1.29 or +7.77 percent to $17.90 in Tuesday’s premarket, after the company announced late yesterday that it would be acquiring First Wind in a deal valued at $2.9 billion. SunEdison shares closed at $16.61, down -0.32 or -1.89 percent in Monday’s regular trading session. Maryland Heights, Missouri
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Baker Hughes (BHI) to be Acquired by Halliburton in $34.6B Deal

November 17th, 2014

Shares of Baker Hughes Inc. (BHI) were trading up +9.26 or +15.46 percent to $69.15 per share in Monday’s premarket, after news that Halliburton (HAL) would be buying the company for a combination of stock and cash in a deal worth approximately $34.6 billion. Baker Hughes stock closed at $59.89, up +1.14 or +1.94 percent
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Geron (GERN) Stock Up Sharply After News of Collaboration with J&J Unit

November 14th, 2014

Shares of Geron Corporation (GERN) were up +1.09 or +47.19 percent to $3.40 per share in pre-market trading on Friday, after the company announced it would be entering into a partnership with Janssen Biotech to develop and commercialize imetelstat. Geron Corporation stock closed at $2.31, down -0.06 or -2.53 percent in Thursday’s regular trading session.
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DreamWorks (DWA) in Acquisition Talks with Hasbro

November 13th, 2014

Shares of DreamWorks Animation SKG Inc. (DWA) were trading up +4.76 or +21.28 percent to $27.13 per share in Thursday’s premarket, after news that the company was in early talks with Hasbro Inc. (HAS) for the toymaker to take over the animation studio. DreamWorks stock closed at $22.37, up +0.34 or +1.54 percent in Wednesday’s
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Wayfair (W) Falls on Widening Net Losses – Despite Higher Revenues

November 12th, 2014

Shares of Boston, Massachusetts based Wayfair Inc. (W) fell sharply on Tuesday amid a strong advance in stocks across the board. Wayfair’s stock fell 15.80%, sinking $4.44 per share, to close at $23.66 on volume of 2,331,513 shares. The company reported widening losses against substantially higher revenues for the third quarter, compared to the same
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LightInTheBox (LITB) Forms Strategic Partnership with Baidu Dianxin

November 11th, 2014

Shares of the LightinTheBox Holding Co. Ltd. (LITB) were up +1.16 or +15.38 percent in Tuesday’s premarket after announcing a strategic deal with Baidu Dianxin. The deal with the wholly owned subsidiary of Baidu Inc. (BIDU) will explore global market opportunities. LightinTheBox stock closed at $7.54, up +0.64 or +9.28 percent in Monday’s regular trading
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WhiteWave Foods (WWAV) Stock Up on Third Quarter Earnings Results

November 10th, 2014

Shares of the WhiteWave Food Company (WWAV) were up +1.07 or +2.90 percent to $38.00 per share in premarket trading on Monday, after the company announced it had beaten expectations for third quarter earnings by a penny per share early this morning. WhiteWave Foods stock closed at $36.93 per share, down -0.53 or -1.41 percent
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Salix Pharmaceuticals (SLXP) Stock Pummeled on Earnings, Guidance

November 7th, 2014

Shares of the Salix Pharmaceuticals Inc. (SLXP) were down -50.80 or -36.67 percent to $87.75 per share in Friday’s premarket after the company announced lower than expected earnings and lowered its full year forecast yesterday after the market close. Salix Pharmaceutical stock closed at $138.55, off -0.95 or -0.68 percent in Thursday’s regular trading session.
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Sierra Wireless (SWIR) Stock Up on Better than Expected 3Q Earnings

November 6th, 2014

Shares of the Sierra Wireless Inc. (SWIR) were trading up +5.46 or +20.57 percent to $32.00 per share in Thursday’s premarket after the company announced better than expected results for the company fiscal third quarter. Sierra Wireless stock closed at $26.54, down -1.28 or -4.60 percent in Wednesday’s regular trading session. Richmond, British Columbia, Canada
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Red Robin Gourmet Burgers (RRGB) Surges On Higher Revenue

November 5th, 2014

Shares of Greenwood, Colorado, based Red Robin Gourmet Burgers, Inc. (RRGB) rose sharply on Tuesday, on a mixed day on Wall Street. The stock was up 15.54%, or $8.53 per share, to close at $63.42. The bounce took place on volume of 1,129,268 shares - more than three times its normal volume. The company reported that revenues
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Five Stocks to Watch in November

November 4th, 2014

The U.S. stock market resumed its rally last month after declining in September, hitting new record highs to close the month of October. The market recovered significantly after dropping eight percent at the beginning of the month in the wake of a surprise increase in stimulus measures by the Bank of Japan announced last week.
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Sapient (SAPE) to be Acquired by Publicis Group

November 3rd, 2014

Shares of the Sapient Corporation (SAPE) were up +7.21 or +41.63 percent to $24.53 per share in Monday’s premarket after the company announced early this morning that it will be taken over by the French advertising giant Publicis Groupe. Sapient Corporation stock closed at $17.32, up +0.47 or +2.79 percent in Friday’s regular trading session.
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Citigroup (C) Downwardly Adjusts Third Quarter Earnings

October 31st, 2014

Shares of Citigroup Inc. (C) were trading down -0.75 or -1.41 percent to $52.40 per share in pre-market trading on Friday, after the company announced it was downwardly adjusting its third quarter earnings due to increased legal costs. Citigroup stock closed at $53.15 per share, up +0.51 or +0.97 percent in Thursday’s regular trading session.
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Lakeland Industries (LAKE) Stock Up on Ebola Suit Demand

October 30th, 2014

Shares of Lakeland Industries Inc. (LAKE) were up +4.11 or +35.49 percent to $15.69 per share in Thursday’s premarket, after the company released an update to its business activities following the stock market close yesterday. Lakeland Industries stock closed at $11.58, down -0.66 or -5.39 percent in Wednesday’s regular trading session. Ronkonkoma, New York based
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VASCO Data Security International (VDSI) Jumps As Earnings Beat Expectations

October 29th, 2014

Shares of Oakbrook Terrace, Illinois, based VASCO Data Security International (VDSI) rose sharply on Tuesday, against the backdrop of a strong day in stocks overall. VASCO’s stock was up 29.74%, rising $5.44 per share, to close at $23.73 on volume of 4,424,429 shares. The security software company beat analysts estimates for both revenue and net
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Twitter (TWTR) Stock Down Sharply on Third Quarter Earnings

October 28th, 2014

Shares of Twitter Inc. (TWTR) were trading down -6.66 or -13.71 percent to $41.90 per share in Tuesday’s premarket after the company announced third quarter earnings after the close yesterday. While the company met or beat analyst expectations for earnings, user growth expectations fell slightly below analyst forecasts. Twitter stock closed at $48.56, off -1.39
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