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Stock of the Day

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
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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
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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.
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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
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GameStop (GME) Stock Soars on Second Quarter Results

August 22nd, 2014

Shares of GameStop Corporation (GME) were up +2.76 or +6.82 percent to $43.25 per share in Friday’s premarket, after the company released second quarter earnings which beat analyst expectations after the close on Thursday. GameStop stock closed at $40.49, down -0.84 or -2.03 percent in Thursday’s regular trading session. Grapevine, Texas based GameStop Corporation is
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Dollar Tree (DLTR) Reports 2Q Earnings, Family Dollar Rejects Dollar General Bid

August 21st, 2014

Shares of Dollar Tree Inc. (DLTR) were trading down -0.90 or -1.64 percent to $54.10 per share in premarket trading this morning, after having been up as much as five percent before the company released its second quarter earnings. The company reported lower than expected earnings and revenue, but sales increased in the quarter. Dollar
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Salix Pharmaceuticals (SLXP) Soars on Acquisition Offer

August 20th, 2014

Shares of Raleigh, North Carolina, based Salix Pharmaceuticals Ltd. (SLXP) rose sharply on Tuesday, after a report that Allergan Inc. (AGN) approached it as an acquisition target. Salix stock was up 15.54%, rising $21.63 per share to close at $160.80, on volume of 6,764,888 shares. The stock closed at its highest level since 2000 on
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BHP Billiton (BBL) Shares Pressured by Demerger

August 19th, 2014

Shares of BHP Billiton Plc (BBL) were off -3.59 or -5.16 percent to $65.93 per share in premarket trading this morning, while BHP Billiton Ltd (BHP) shares were off -2.58 or -3.55 percent to $70.18 per share in the premarket. The two stocks of the metals giant sold off after news that the company would
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Dollar General (DG) Bids $9.7B for Family Dollar

August 18th, 2014

Shares of Dollar General Corporation (DG) were up +6.36 or +11.07 percent to $63.82 per share in premarket trading on Monday, after the company announced early this morning it would pay $78.50 per share for Family Dollar Stores Inc. (FDO). Family Dollar received a bid of $74.50 per share from Dollar Tree (DLTR) last month.
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Monster Beverage (MNST) to Sell 16.7 Percent Stake to Coca-Cola (KO)

August 15th, 2014

Shares of Monster Beverage Corporation (MNST) were trading up +15.35 or +21.42 percent to $87.00 per share in this morning’s premarket, after news that Coca-Cola (KO) was entering into a strategic partnership with the company by purchasing a 16.7 percent stake in Monster. Monster Beverage stock closed at $71.65, up +0.50 or +0.70 percent in
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SeaWorld (SEAS) Stock Pummeled After Earnings Miss

August 14th, 2014

Shares of SeaWorld Entertainment Inc. (SEAS) were off -0.11 or -0.58 percent to $18.79 per share in this morning’s premarket, after the company announced lower than expected earnings for its second quarter of 2014 yesterday. The stock fell sharply after the announcement losing almost a third of its value. Seaworld Entertainment stock closed down -9.25
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DealerTrack Technologies (TRAK) Up After Exceeding Expectations

August 13th, 2014

Shares of Lake Success, New York, based DealerTrack Technologies Inc. (TRAK) rose on Tuesday on a day when the markets were down marginally across the board. DealerTrack’s stock was up 18.73%, rising $7.32 per share, to close at $46.40. Trading volume was 2,616,637, versus average trading volume of 517,176 shares. The Company reported second quarter
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Intercept (ICPT) Stock Rockets on Earnings, Positive Drug Results

August 12th, 2014

Shares of Intercept Pharmaceuticals Inc. (ICPT) were up +137.82 or +58.11 percent to $375.00 per share in pre-market trading on Tuesday, after the company announced better than expected earnings late yesterday. The company also disclosed its obeticholic acid had less severe side effects and was more effective in treating liver disease than what was previously
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Kinder Morgan (KMI) to Consolidate in $71B Deal

August 11th, 2014

Shares of Kinder Morgan Inc. (KMI) were trading up +5.46 or +15.12 percent to $41.58 per share in Monday’s premarket, after the company announced on Sunday it would consolidate the three master limited partnerships under its control, the “Kinder Morgan family of companies” into one entity. Kinder Morgan Inc. stock closed at $36.12, up +0.75
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Pfizer (PFE) Faces Wave of Lawsuits Over Lipitor

August 8th, 2014

Shares of Pfizer Inc. (PFE) were trading down -0.15 or -0.53 percent to $27.89 per share in Friday’s premarket, after news that lawsuits against the company had surged by women in the United States getting type-2 diabetes after taking Lipitor. Pfizer stock closed at $28.04, down -0.24 or -0.85 percent in Thursday’s regular trading session.
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Jack in the Box (JACK) Stock Soars on 3Q Earnings

August 7th, 2014

Shares of Jack in the Box Inc. (JACK) were up +6.21 or +11.20 percent to $61.66 per share in premarket trading on Thursday, after the company released better than expected third quarter earnings late yesterday. Jack in the Box stock closed at $55.45, down -2.11 or -3.67 percent in Wednesday’s regular trading session. San Diego,
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United States Cellular (USM) Up on Analyst Upgrade Despite Lower Earnings

August 6th, 2014

Shares of Chicago, Illinois based United States Cellular Corporation (USM) rose strongly on Tuesday, against the backdrop of a sharply lower performance by Wall Street overall. US Cellular’s stock was up 16.33%, rising $5.49 per share to close at 39.10, on volume of 630,626 shares. Despite lower second quarter net earnings, revenues exceeded analysts expectations,
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GM (GM) Served With Subpoena by DOJ for Subprime Auto Loans

August 5th, 2014

Shares of The General Motors Company (GM) closed up +0.17 or +0.51 percent to $33.61 on light volume in Monday’s regular trading session. The company announced late yesterday that it had been issued a subpoena by the U.S. Justice Department in relation to an investigation currently being conducted over possible civil violations on subprime auto
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Bally Technologies (BYI) to be Acquired by Scientific Games Corporation in $5.1B Deal

August 4th, 2014

Shares of Bally Technologies Inc. (BYI) were up +3.30 or +4.25 percent to $81.00 per share in pre-market trading on Monday, after the company announced Friday it had agreed to be acquired by Scientific Games Corporation (SGMS) for $83.30 per share in cash. Bally Technologies stock closed at $77.70, up +17.53 or +29.13 percent in
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Five Stocks to Watch in August

August 1st, 2014

The U.S. stock market ended July on a bearish note, with the Dow Jones Industrial Average wiping out all of its 2014 gains on Thursday. The Dow Jones average fell -317.06 points or -1.88 percent, closing at 16,563.30, just under its level at the beginning of the year. The tech-heavy NASDAQ composite index dropped -93.13
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