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Stock of the Day

Calpine (CPN) Up on Bond Sale to Lower Interest Costs, Reduce Restrictions

July 9th, 2014

Shares of Houston, Texas, based Calpine Corp. (CPN) rose on Tuesday as stocks suffered a broad loss overall. Calpine Corp.’s stock was up 4.25%, rising $.97, to close at $23.81, on volume of 7,332,358 shares. The company announced the pending sale of $2.8 billion of unsecured bonds that will lower its interest costs, while removing
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Macquarie Infrastructure (MIC) to Acquire Remainder of International-Matex for $1.025B

July 8th, 2014

Shares of Macquarie Infrastructure Company LLC (MIC) were up +3.28 or +5.36 percent to $64.45 per share in pre-market trading early this morning, after the company announced late yesterday two public offerings in order to pay for the remaining interest it does not already own in International-Matex Tank Terminals or IMTT. Macquarie Infrastructure stock closed
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Archer Daniels Midland (ADM) to Buy WILD Flavors for $3.0B

July 7th, 2014

Shares of Archer Daniels Midland Company (ADM) closed up +0.45 or +0.99 percent to $45.77 per share on Thursday, after the company was rumored to be in talks to acquire Swiss based WILD Flavors. This morning, the company formally announced the acquisition of WILD Flavors in a deal valued at over $3.0 billion. Founded in
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Amazon (AMZN) to Fight FTC on In App Purchases

July 3rd, 2014

Shares of Amazon.com Inc. (AMZN) were trading up +1.04 or +0.31 percent to $333.89 per share in pre-market trading this morning. The company announced yesterday that it would prefer to challenge the Federal Trade Commission or FTC in court, rather than give in to demands by the regulating agency to tighten its policies on children
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Arista Networks (ANET) Up on Favorable Analyst Reports following Quiet Period

July 2nd, 2014

Shares of Santa Clara, California, based Arista Networks Inc. (ANET) rose on Tuesday, in an up day on Wall Street overall. Arista’s stock was up 21.81%, rising $13.61 per share, to close at $76.00 on volume of 1,660,225 shares. The stock emerged from its mandatory “quiet period”

Five Stocks to Watch in July

July 1st, 2014

The U.S. stock market continued its relentless climb in June, making it another record breaking month. The Dow Jones Industrial Average hit an all-time high of 16, 978.02 on June 24th, while the S&P 500 made new all time highs 16 times in the second quarter and set a new record closing at 1,962.87 on
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MannKind Corp. (MNKD) Approved for Inhaled Insulin Treatment

June 30th, 2014

Shares of MannKind Corporation (MNKD) were trading up +1.90 or +19.00 percent to $11.90 per share in pre-market trading Monday morning. Mannkind announced over the weekend that the company had finally gained approval for its inhaled insulin drug AFREZZA from the U.S. Food and Drug Administration or FDA. Mannkind shares closed at $10.00 per share,
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GoPro (GPRO) Stock Surges after Initial Public Offering

June 27th, 2014

Shares of GoPro Inc. (GPRO) were trading up +0.76 or +2.43 percent to $32.10 per share in pre-market trading Friday morning, after the companyí

Iron Mountain (IRM) Soars After Board Approves Conversion to REIT

June 26th, 2014

Shares of Iron Mountain Inc. (IRM) were trading up +6.94 or +23.31 percent to $36.71 per share in pre-market trading Thursday morning, after the company announced yesterday that its board had unanimously approved the companyâ s conversion into a real estate investment trust or REIT. The conversion is for the companyâ s fiscal 2014 year,
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Vertex Pharmaceuticals Inc. (VRTX) Up on Positive Drug Trials

June 25th, 2014

Shares of Cambridge, Massachusetts-based Vertex Pharmaceuticals (VRTX) were up sharply on Tuesday, amid a broadly lower market on Wall Street. Vertex’s stock was up 40.41%, rising $26.92 to close at $93.53 per share, on volume of 25,236,837 shares. The company announced positive results for a drug it has formulated in treating cystic fibrosis. The successful
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Dean Foods (DF) Subpoenaed in Insider Trading Case

June 24th, 2014

Shares of the Dean Foods (DF) were off -0.52 or -2.96 percent to $17.03 per share in after hours trading yesterday afternoon , after news that the company was recently served with a subpoena from Preet Bharara, the United States Attorney for Manhattan. The subpoena was for documents related to alleged insider trading by sports
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MICROS Systems (MCRS) to be Acquired by Oracle for $5.3B

June 23rd, 2014

Shares of the MICROS Systems Inc. (MCRS) were trading up +1.63 or +2.48 percent to $67.40 per share in pre-market trading on Monday, after news that Oracle Corp. (ORCL) would be taking the company over in a $5.3 billion deal. MICROS Systems stock closed at $65.77 per share, up +0.52 or +0.80% in Fridayâ s
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Oracle (ORCL) Shares Down After Earnings Miss

June 20th, 2014

Shares of the Oracle Corporation (ORCL) were down -2.62 or -6.16 percent to $39.89 in pre-market trading this morning, after the company announced lower than expected fourth quarter earnings late yesterday. Oracle stock closed at $42.51, down -0.30 or -0.70 percent in Thursdayâ s regular trading session. Redwood City, California based Oracle Corporation is the
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Measurement Specialties (MEAS) to be Acquired by TE Connectivity

June 19th, 2014

Shares of Measurement Specialties Inc. (MEAS) were up + 8.15 or +10.45 percent to $86.15 per share in pre market trading early Thursday, after news released late Wednesday that TE Connectivity Ltd. (TEL) and Measurement Specialties had entered into a definitive agreement for the acquisition of Measurement Specialties by TE Connectivity for $86.00 per share.
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SolarCity (SCTY) Up on Acquisition of Solar Panel Manufacturer

June 18th, 2014

Shares of San Mateo, California based SolarCity Corp. (SCTY) rose sharply on an overall up day on Wall Street. SolarCity’s stock was up 17.58%, rising $9.65 per share to close at $64.53, on volume of 24,105,997 shares. The company announced that it is acquiring a solar panel maker, that will be a “breakthrough in the
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eBay’s (EBAY) PayPal Expands to 10 New Countries

June 17th, 2014

Shares of eBay Inc. (EBAY) were trading up +0.17 or +0.35 percent to $49.17 per share in pre-market trading on Tuesday, after the company announced yesterday that their PayPal unit was expanding into ten new countries including Nigeria. eBay stock closed at $49.00 per share, down -0.04 or -0.08 percent in Mondayâ s regular trading
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Medtronic (MDT) to Acquire Covidien in $49.2 Billion Deal

June 16th, 2014

Shares of the Medtronic Inc. (MDT) were trading up +7.45 or +12.27 percent to $68.15 per share in pre-market trading Monday morning, after news broke on Sunday that the company would be taking over UK based Covidien plc (COV) for $49.2 billion. Medtronic stock closed at $60.70, down -0.09 or -0.15 percent in Fridayâ s
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Intel (INTC) Shares Higher on Revised Guidance

June 13th, 2014

Shares of the Intel Corporation (INTC) were up +1.78 or +6.37 percent to $29.74 per share in pre-market trading on Friday, after the company raised second quarter and full year revenue and gross margin expectations Thursday afternoon. Intel stock closed at $27.96 per share, up +0.03 or +0.11 percent in Thursdayâ s regular trading session.
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Geron (GERN) Stock Soars as FDA Lifts Hold

June 12th, 2014

Shares of Geron Corporation (GERN) were up +0.86 or +33.07 percent to $3.46 per share in pre-market trading on Thursday, after the company announced early this morning that the FDA had notified Dr. Ayalew Tefferi of the Mayo Clinic the partial hold on clinical trials for Geronâ s treatment of myelofibrosis, imetelstat, had been lifted.
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Inovio Pharmaceuticals (INO) Falls on Rumor of Drug Test Failure

June 11th, 2014

Shares of pharmaceutical research company Inovio Pharmaceuticals, Inc. (INO) fell on Tuesday against the backdrop of a higher day for the markets overall. The stock fell $1.44 per share, down 13.36%, to close at $9.34. The activity came on volume of 11,407,818 shares, compared to average daily volume of 1.521 million shares. The stock fell
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