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Stock of the Day

Cellular Dynamics (ICEL) International to be Acquired by FUJIFILM Holdings Corp.

March 30th, 2015

Shares of Cellular Dynamics International Inc. (ICEL) were trading up +8.56 or +107.81 percent to $16.50 in this morning’s premarket after news that the company would be taken over by FUJIFILM Holding Corp. The deal, which is for cash is valued at $307 million. Cellular Dynamics stock closed at $7.94, up +0.13 or +1.66 percent
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BlackBerry (BBRY) Reports Surprise Profit, Misses on Revenue

March 27th, 2015

Shares of BlackBerry Ltd (BBRY) were trading up +0.50 or +5.38 percent to $9.80 in Friday’s premarket after announcing a surprise profit for its fiscal fourth quarter. Nevertheless, revenue failed to meet analyst expectations. BlackBerry Ltd stock closed at $9.30, up +0.02 or +0.22 percent in Thursday’s regular trading session. Waterloo, Ontario based BlackBerry, originally
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SanDisk (SNDK) Stock Pummeled After Revenue Guidance Cut

March 26th, 2015

Shares of the SanDisk (SNDK) Corporation were off -11.69 or -14.38 percent to $69.50 in Thursday’s premarket after the company downwardly revised its revenue guidance for the company’s first fiscal quarter. SanDisk stock closed at $81.17, down -3.57 or -4.22 percent in Wednesday’s regular trading session. Milpitas, California based SanDisk Corporation is an American/Israeli company
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Whiting Petroleum Corp. (WLL) Plummets on 22% Discount on Stock Offering

March 25th, 2015

Shares of Denver, Colorado, based Whiting Petroleum Corp. (WLL) fell sharply on Tuesday, on a down day on Wall Street across the board. Whiting’s stock fell $7.48 per share, down 19.48% to close at 30.91 per share, on trading volume of 58,107,805 shares. The company disclosed that it is pricing an upcoming stock offering at
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Digital Ally (DGLY) Stock Up 15% on 4Q Earnings

March 24th, 2015

Shares of Digital Ally Inc. (DGLY) were up +$1.88 or +14.96 percent to $14.45 per share in premarket trading this morning. The stock is up this morning after announcing it fourth quarter results yesterday after the close. Digital Ally stock closed at $12.57, up +0.78 or +6.62 percent in Monday’s regular trading session. Lenexa, Kansas
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American International Group Inc. (AIG) Settles Class Action Suit for Nearly $1B

March 23rd, 2015

Shares of American International Group Inc. (AIG) were trading down -0.04 or -0.07 percent to $55.90 per share in Monday’s premarket. The company announced late Friday that AIG shareholders had won approval for a $970.5 million settlement on a class action suit against the company. AIG stock closed at $55.94, up +0.29 or +0.52 percent
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Bank of New York Mellon (BK) Settles Currency Lawsuits for $714M

March 20th, 2015

Shares of Bank of New York Mellon Corporation (BK) were trading up +0.40 or +0.99 percent to $40.70 per share in this morning’s premarket. The company settled a number of lawsuits late yesterday and agreed to pay a total of $714 million to several parties. Bank of New York Mellon stock closed at $40.30, down
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Lennar Corp. (LEN) Stock up +2 Percent on Strong First Quarter Results

March 19th, 2015

Shares of Lennar Corporation (LEN) were up +0.97 or +1.95 percent to $50.69 per share in this morning’s premarket after the company reported better than expected earnings for its first fiscal quarter. Lennar Corporation stock closed at $49.72, up +0.86 or +1.76 percent in Wednesday’s regular trading session. Founded in 1954, Miami, Florida based Lennar
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MGM Resorts International (MGM) Up on Real Estate Investment Trust Proposal

March 18th, 2015

Shares of Las Vegas, Nevada, based MGM International Resorts (MGM) rose on Tuesday, against the backdrop of a mostly down day in stocks overall. MGM’s stock was up 10.58%, rising $2.08 per share, to close at $21.74, on volume of 62,518,319 shares. The company’s stock rose in response to a proposal by activist investor Land
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Sotheby’s (BID) and Ebay to Begin Live Auctions

March 17th, 2015

Shares of Sotheby’s (BID) were trading down -0.07 or -0.17 percent to $40.91 in Tuesday’s premarket after news that the company will be offering live auctions on a new Ebay (EBAY) auctions platform. The new live auctions platform will debut next month. Sotheby’s stock closed at $40.98, up +0.45 percent in Monday’s regular trading session.
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FXCM Inc. (FXCM) Downgraded after Reporting Better Than Expected Earnings on Friday

March 16th, 2015

Shares of FXCM Inc. (FXCM) were trading down ??0.17 or -6.59 percent to $2.41 per share in this morning’s premarket. The company’s stock was downgraded to “Underperform” this morning by KBW, while Credit Suisse reiterated its underperform rating and lowered its price target for the stock to $2.60. FXCM stock closed at $2.58 on Friday,
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U.S. Attorney and FBI Launch Probe into Herbalife (HLF) Stock Manipulation

March 13th, 2015

Shares of Herbalife Ltd. (HLF) were trading up +1.75 or +5.26 percent to $35.00 per share in this morning’s premarket. Herbalife stock is up after news of an investigation into possible manipulation of the stock by fund manager Bill Ackman and people in his employ. Herbalife stock closed at $33.25 per share, up +0.15 or
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Salix Pharmaceuticals (SLXP) Gets Bid From Endo International

March 12th, 2015

Shares of the Salix Pharmaceuticals Inc. (SLXP) closed up +10.96 or +6.95 percent to $168.61 per share in Wednesday’s regular trading session. The company received a letter yesterday from the board of directors of Endo International Plc (ENDP) offering Salix $175 per share and trumping Valeant’s (VRX) $158 per share bid. Raleigh, North Carolina based
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Urban Outfitters Inc. (URBN) Up on Strong Fourth Quarter Results

March 11th, 2015

Shares of Philadelphia, PA, based Urban Outfitters Inc. (URBN) spiked higher on Tuesday, against the backdrop of a sharp sell-off in the overall market. Urban Outfitters was up $4.55, rising 11.52% to close at 44.06, on volume of 10,776,295 shares. The company reported fourth quarter earnings that exceeded analysts expectations, as well as solid growth
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Credit Suisse (CS) CEO to Step Down in June, Bank Confirms Replacement

March 10th, 2015

Shares of Credit Suisse Group AG (CS) were up +1.35 or +5.73 percent to $24.89 per share in pre-market trading this morning, after the company confirmed early this morning that Chief Executive Officer Brady Dougan would step down and be replaced the Tidjane Thiam, currently Chief Executive Officer of UK insurance company, Prudential (PUK). Credit
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RTI International Metals Inc. (RTI) to be Acquired by Alcoa in $1.5B Deal

March 9th, 2015

Shares of RTI International Metals Inc. (RTI) were trading up +12.72 or +46.63 percent to $40.00 per share in Monday’s premarket after news broke that the company had entered into a definitive agreement to be acquired by Alcoa Inc. (AA). RTI International Metals Inc. stock closed at $27.28 per share, down -0.54 or -1.94 percent
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HBO (TWX) in Talks with Apple for Launch of HBO Now

March 6th, 2015

Shares of Time Warner Inc.(TWX) closed up +0.18 or +0.22 percent to $83.26 per share in Thursday’s regular trading session after news that its wholly owned subsidiary, Home Box Office Inc. was in talks with Apple Inc. (AAPL) to make Apple a launch partner for the company’s new streaming service which debuts next month. The
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Costco (COST) Stock Up on Earnings, Misses on Revenue

March 5th, 2015

Shares of Costco Wholesale Corporation (COST) were up +3.39 or +2.30 percent to $150.56 per share in Thursday’s premarket, after the company reported better than expected second quarter earnings and February sales results early this morning. Costco Wholesale stock closed at $147.17 per share, down -0.20 or -0.14 percent in Wednesday’s regular trading session. Originally
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Nutrisystem, Inc. (NTRI) Up on Strong Fourth Quarter Results

March 4th, 2015

ShareShares of Fort Washington, PA, based Nutrisystem, Inc. (NTRI) rose on Tuesday, against the backdrop of a lower day in stocks overall. Nutrisystem’s stock was up 12.77%, rising $2.19 per share, to close at $19.34, on volume of 2,093,168 shares. After the market close on Monday, the company announced the results of its fourth quarter
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Five Stocks to Watch in March

March 3rd, 2015

U.S. stocks continued their red hot streak in February, breaking records and ending the month in uncharted territory once more. With the recent decline in oil prices aiding in the economic recovery in the United States and all over the world, stock indices turned in their best performance in years. For the month, the Standard
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