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Stock of the Day

Annie’s (BNNY) Stock Pummeled on Earnings, Guidance

May 30th, 2014

Shares of Annieâ s Inc. (BNNY) were off -5.63 or -16.14 percent to $29.25 per share in pre-market trading on Friday, after the company announced earnings yesterday after the close. While earnings per share were better than expected, the companyâ s full year guidance disappointed analysts. Annieâ s stock closed at $34.88, up +0.24 or
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Intercept’s (ICPT) OCA Gets Fast Track Designation From FDA

May 29th, 2014

Shares of Intercept Pharmaceuticals Inc. (ICPT) were up +16.97 or +7.25 percent to $251 per share in pre-market trading on Thursday, after the company announced late yesterday that the FDA had granted Fast Track designation for the companyâ s obeticholic acid (OCA). Intercept stock closed at $234.03 per share, down -5.89 or -2.45 percent in
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Hillshire Brands (HSH) Soars on Takeover Bid

May 28th, 2014

Shares of Chicago, IL, based Hillshire Brands Company (HSH) soared on Tuesday on a buyout bid from Pilgrim’s Pride (PPC). The stock was up $8.17 per share, or 22.07%, to close at $45.19, on volume of 41,656,963 shares. The stock closed near it’s 52 week high. In a surprise bid, Pilgrim’s Pride made a $5.5
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Pfizer (PFE) Abandons AstraZeneca Bid

May 27th, 2014

Shares of Pfizer Inc. (PFE) were up +0.21 or +0.71 percent to $29.70 per share in pre-market trading this morning. The company announced yesterday that it was abandoning its $118 billion bid for UK pharmaceutical giant AstraZeneca (AZN). Pfizer issued a statement yesterday two hours before the 12:00PM EST deadline for AstraZeneca to counter the
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Boeing (BA) to Acquire ETS Aviation

May 23rd, 2014

Shares of the Boeing Company (BA) closed up +0.88, or +0.67 percent to $131.84 per share in moderately active trading on Thursday, while the general market gained moderately. The company announced early this morning it had agreed to purchase UK aviation software company, ETS Aviation. Terms of the deal were undisclosed. Chicago, Illinois based Boeing
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JD.com (JD) Up 17 Percent in Initial Public Offering

May 22nd, 2014

Shares of JD.com (JD) were trading up +16.7 percent in active trading this morning, after the company had its initial public offering at $19 per share. JD.com stock is currently trading at $22.18 per share. JD.com is one of a series of large IPOs for Chinese e-commerce companies including Alibaba. The original range for the
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Dicks Sporting Goods (DKS) Slides on Lower Projections

May 21st, 2014

Shares of Coraopolis, Pennsylvania based Dicks Sporting Goods (DKS) fell sharply on Tuesday, down $9.56 per share to $43.60, on volume of 15,736,044 shares. The fall represented a 17.98% decline in the price of the stock. Though the company saw significant growth in both earnings and revenues in the first quarter, they warned that both
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Credit Suisse (CS) to Pay $2.8 Billion to Settle Criminal Case

May 20th, 2014

Shares of Credit Suisse Group AG (CS) were up +0.41 or +1.41 percent to $29.51 per share in pre-market trading this morning, after the company pled guilty to criminal charges yesterday and agreed to pay $2.815 billion in penalties for conspiring to aid thousands of U.S. account holders in evading taxes. Credit Suisse stock closed
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AstraZeneca (AZN) Rejects Pfizer Offer

May 19th, 2014

Shares of AstraZeneca Plc. (AZN) were off -9.27 or -11.55 percent to $71.01 per share in pre-market trading this morning, after the company rejected a

J.C. Penney (JCP) Stock Soars on First Quarter Earnings

May 16th, 2014

Shares of J.C. Penney Company Inc. (JCP) were trading +1.60 or +19.12 percent higher to $9.97 per share in pre-market trading this morning, after the company announced better than expected earnings for the companyâ s first quarter 2014 fiscal year after the close yesterday. Shares were trading as much as +25 percent higher in the
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Cisco (CSCO) Stock Gains on Third Quarter Results

May 15th, 2014

Shares of Cisco Systems Inc. (CSCO) were up +1.51 or +6.62 percent to $24.32 per share in pre-market trading this morning, after the company reported solid third quarter earnings yesterday after the market close. The company reported non-GAAP earnings of $0.51 per share, versus an analyst consensus of $0.48 per share. Cisco stock closed at
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Elizabeth Arden (RDEN) Falls on Much Weaker Than Expected Results

May 14th, 2014

Shares of Miramar, Florida, based Elizabeth Arden, Inc. (RDEN) fell sharply on Tuesday in response to the announcement of the company’s earnings for the third fiscal quarter ended March 31. Elizabeth Arden fell 22.82%, down $8.13, to close at $27.50 on volume of 4,008,958 shares. The company reported a net loss for the quarter that
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AT&T to Acquire DirecTV (DTV) in $50B Deal

May 13th, 2014

Shares of DirecTV (DTV) were trading up +4.28 or +4.91 percent to $91.44 per share in pre-market trading on Tuesday, after sources revealed yesterday that the two companies were working towards a formal announcement. The takeover is said to be for a minimum of $50 billion and would make AT&T (T) the nationâ s largest
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Aceto Corp. (ACET) Stock Off 17% on Third Quarter Earnings

May 12th, 2014

Shares of Aceto Corp. (ACET) closed down -3.95 or -17.17 percent to $19.06 per share in active trading on Friday, after the company announced third quarter earnings which failed to meet analyst expectations. The stock was down significantly on Friday after the company reported its profit had dropped almost thirty percent for the quarter compared
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Omnicom (OMC) and Publicis Terminate $35B Merger

May 9th, 2014

Shares of Omnicom Group Inc. (OMC) were off -1.80 or -2.72 percent in afterhours trading to $64.40 per share on Thursday, after the company announced it was terminating its merger with French advertising giant, Publicis Groupe SA. Omnicom stock closed at $66.20 per share, up +0.42 or +0.64 percent in its regular trading session on
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Tesla (TSLA) Stock Pummeled After Earnings

May 8th, 2014

Shares of Tesla Motors Inc. (TSLA) was off -16.31 or -8.10 percent to 185.04 in pre-market trading on Thursday, after the company announced first quarter earnings late yesterday. Tesla announced a profit of +$17 million, versus $48.9 million in 2013â s fourth quarter. Tesla stock closed down -5.93 or -2.86 percent to $201.35 in Wednesdayâ
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Office Depot (ODP) Rises Sharply on Better Than Expected First Quarter

May 7th, 2014

Shares of Boca Raton, Florida, based Office Depot, Inc. (ODP) rose on Tuesday, against the backdrop of a sharp sell-off on Wall Street overall. Office Depot was up 15.83%, rising 66 cents per share, to close at $4.83, on volume of 61,326,276 shares. The company announced better than expected first quarter results, as well as
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Merck & Co. (MRK) Sells Unit to Bayer for $14.2 Billion

May 6th, 2014

Shares of Merck & Company (MRK) were trading up +0.37 or +0.63 percent to $59.00 per share in pre-market trading, after the company announced earlier this morning that it would sell its consumer care unit to German pharmaceutical giant, Bayer AG for $14.2 billion. Merck stock closed at $58.63 per share, up +0.41 or +0.70
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B/E Aerospace (BEAV) Considers Sale

May 5th, 2014

Shares of B/E Aerospace Inc. (BEAV) were trading up + 7.86 or +8.84 percent to $96.82 per share in pre-market trading on Monday, after the company announced Sunday it was considering strategic alternatives, which included a possible sale of the company, a merger or the spin off of the company, or of a selected subsidiary.
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LinkedIn (LNKD) Stock Lower After Posting Loss

May 2nd, 2014

Shares of LinkedIn Corp. (LNKD) were trading at $160.00 per share, down -1.22 or -0.76 percent in early pre-market trading Friday, after the company announced its first quarter 2014 earnings right after the close of trading on Thursday. LinkedIn stock was down to $154.20 per share, or -4.4 percent lower in after-hours trading Thursday after
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