Search

Stock of the Day

Sigma-Aldrich (SIAL) to be Taken over by Merck KGaA

September 22nd, 2014

Shares of the Sigma-Aldrich Corp. (SIAL) were trading up +35.98 or +35.15 percent to $138.35 per share in Monday’s premarket. The company announced early this morning that German company Merck KGaA would be acquiring the company in a deal worth approximately $17 billion. Sigma-Aldrich stock closed at $102.37 per share, St. Louis, Missouri based Sigma-Aldrich
Read the full article…

Alibaba Group (BABA) Prices Offering at $68 Per Share

September 19th, 2014

Shares of the Alibaba Group Holdings Ltd (BABA) were priced at $68.00 apiece, making this morning’s initial public offering of the Chinese Internet giant the largest U.S. IPO ever. The company will raise a minimum of $21.8 billion at that price. The offering was originally priced at $60 to $66, but was raised to $66
Read the full article…

Rite Aid (RAD) Down on Revised Guidance

September 18th, 2014

Shares of the Rite Aid Corporation (RAD) were trading off -0.94 or -14.16 percent to $5.70 per share in premarket trading this morning, after the company report earnings that beat analyst expectations, but downwardly revised its outlook for the rest of the year. Rite Aid stock closed at $6.64 per share, up +0.23 or +3.59
Read the full article…

Sears Holdings Corporation (SHLD) Down on Loan Funding Source

September 17th, 2014

Shares of Hoffman Estates, Illinois-based Sears Holdings Corporation (SHLD) fell on Tuesday, on a strong day overall on Wall Street. Sears stock closed down 9.40%, losing $3.15 per share, to close at $30.37 on volume of 3,654,016 shares. The company disclosed that it is borrowing $400 million from Chief Executive Edward Lampert’s hedge fund, in
Read the full article…

Allergan (AGN), Valeant and Pershing Capital Agree On Meeting

September 16th, 2014

Shares of Allergan Inc. (AGN) were up +1.44 or +0.85 percent to $170.00 per share in premarket trading this morning, after the company announced late yesterday that an agreement had been struck between Valeant Pharmaceuticals (VRX) and Bill Ackman’s Pershing Square Capital to proceed with a special shareholder’s meeting. Allergan stock closed down -0.69 or
Read the full article…

Netflix (NFLX) Expands to Six European Markets

September 15th, 2014

Shares of Netflix Inc. (NFLX) were trading up +1.16 or +0.24 percent to $477.71 per share in this morning’s premarket, after news that Netflix will be expanding into six new European markets beginning today. The expansion will begin in France where Netflix executives have spent months negotiating with the French government. Netflix stock closed down
Read the full article…

Hertz (HTZ) Agrees to Give Icahn 3 Board Seats

September 12th, 2014

Shares of Hertz Global Holdings Inc. (HTZ) were up +1.25 or +4.50 percent to $29.00 per share in premarket trading on Friday, after news that the company has agreed to give activist investor Carl Icahn three seats on its board of directors in exchange for avoiding a potential battle for control of the board. Hertz
Read the full article…

JDS Uniphase (JDSU) to Split into Two Companies

September 11th, 2014

Shares of JDS Uniphase Corporation (JDSU) were up +1.71 or +14.17 percent to $13.82 in Thursday’s premarket, after the company announced late yesterday that they would be splitting the company into two publicly traded companies to promote growth. JDS Uniphase stock closed up +0.395 or +3.37 percent to $12.10 per share in Wednesday’s regular trading
Read the full article…

Chimerix (CMRX) Up on New Virus Fighting Drug

September 10th, 2014

Shares of Durham, North Carolina, based Chimerix Inc. (CMRX) rose sharply against the backdrop of a strong sell-off across the broader market. Chimerix stock was up 11.79%, rising $3.01 per share, to close at $28.54. The close is very near the stock’s 52 week high of $29.97. The stock is up on the news that
Read the full article…

Annie’s (BNNY) to be Acquired by General Mills

September 9th, 2014

Shares of Annie’s Inc. (BNNY) were up +12.34 or +36.82 percent to $45.85 per share in premarket trading on Tuesday after news that food mega corporation General Mills (GIS) would be taking over the company for $820 million. Annie’s Inc. stock closed at $33.51, down -0.38 or -1.12 percent in Monday’s regular trading session. Berkeley,
Read the full article…

Rackspace (RAX) Stock Up on Possible Takeover

September 8th, 2014

Shares of Rackspace Hosting Inc. (RAX) were up +2.76 or +7.41 percent to $40.00 per share in Monday’s premarket trading after news of a possible takeover of the company by telecommunications company CenturyLink (CTL). Rackspace Hosting stock closed at $37.24 per share, up +0.03 or +0.08 percent in Friday’s regular trading session. San Antonio, Texas
Read the full article…

Tesla Motors (TSLA) to Build Gigafactory in Nevada

September 5th, 2014

Shares of Tesla Motors Inc. (TSLA) were trading down -2.04 or -0.71 percent to $284.00 per share in premarket trading this morning, after news late yesterday that the company had confirmed the state of Nevada to build its new Tesla Gigafactory. Tesla stock closed at $286.04 per share, up +4.85 or +1.72 percent in Thursday’s
Read the full article…

Johnson & Johnson (JNJ) to Accelerate Development of Ebola Vaccine

September 4th, 2014

Shares of Johnson & Johnson (JNJ) were up +0.03 or +0.03 percent to $103.79 per share in premarket trading early Thursday, after news that the company will fast track the development of a new combination vaccine regimen against the Ebola virus. Johnson & Johnson stock closed at $103.76 in Wednesday’s regular trading session. New Brunswick,
Read the full article…

Conn’s (CONN) Plummets on Lower Income Forecast, Declining Credit Portfolio Quality

September 3rd, 2014

Shares of The Woodlands, Texas, based Conn’s, Inc. (CONN), fell sharply on Tuesday against a mixed market in stocks overall. Conn’s stock was down $13.83 per share, falling 30.85%, to close at $31.00, on volume of 13,842,541 shares. The company reported that second quarter adjusted per share earnings have come in well below Wall Street
Read the full article…

Five Stocks to Watch in September

September 2nd, 2014

The U.S. stock market ended August with a bang as the S&P 500 index made its fourth record high in five days Friday and ended August +3.8 percent higher, its best monthly gain since February. The S&P ended the month at 2,003.37, up +6.63 or +0.33 percent on Friday, just shy of its all time
Read the full article…

Splunk (SPLK) Shares Up on Better than Expected Earnings

August 29th, 2014

Shares of Splunk Inc. (SPLK) were trading up +3.70 or +8.19 percent to $49.00 per share in premarket trading on Friday, after the company announced better than expected earnings yesterday after the market close. Spunk stock closed at $45.29 per share, down -0.61 or -1.33 percent in Thursday’s regular trading session. San Francisco, California based
Read the full article…

Tekmira Pharmaceuticals (TKMR) Stock Up on Rumored Takeover

August 28th, 2014

Shares of Tekmira Pharmaceuticals Corp. (TKMR) were up +1.97 or +9.97 percent to $21.72 per share in Thursday’s premarket. The company was featured in an article in the UK’s Daily Mail as a potential takeover target following last week’s news of Intermune’s (ITMN) takeover by Swiss pharmaceutical giant Roche. Tekmira stock closed at $19.75 per
Read the full article…

DSW (DSW) Up on Better Than Expected Revenues and Earnings

August 27th, 2014

Shares of Columbus, Ohio, based DSW Inc. (DSW) rose on Tuesday, on a slightly higher day on Wall Street. DSW stock was up $2.62 per share, rising 9.24%, to close at $30.99 on volume of 8,503,841 shares. The company reported higher than expected sales and net income for its fiscal second quarter, as well as
Read the full article…

Digital Ally (DGLY) Stock Up Big on Ferguson Unrest

August 26th, 2014

Shares of Digital Ally Inc. (DGLY) were up +$1.25 or +10.0 percent to $13.75 per share in premarket trading this morning, after having traded as high as $14.50 or up +80 percent yesterday. The increase in the stock is in large part due to civil unrest in Ferguson, Missouri that boosted demand for their products.
Read the full article…

InterMune (ITMN) to be Acquired by Roche for $8.3 Billion

August 25th, 2014

Shares of InterMune Inc. (ITMN) were up +19.00 or +35.32 percent to $72.80 per share in Monday’s premarket, after news broke on Sunday that Swiss pharmaceutical giant, Roche had entered into a definitive agreement to purchase InterMune for $74.00 per share. InterMune stock closed at $53.80 per share, up +0.59 or +1.11 percent in Friday’s
Read the full article…