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Stock of the Day

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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Receptos (RCPT) Rallies Sharply on Phase 2 Study Results

June 10th, 2014

Shares of Receptos Inc. (RCPT) surged +9.80 or +33.56 percent to $39.00 per share in pre-market trading on Tuesday, after the company announced yesterday that its RPC1063, in relapsing multiple sclerosis or RMS had met its primary endpoint in the Phase 2 part of its RADIANCE trial. RCPT stock closed up +3.20 or +12.30 percent
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Icahn Discloses Stake in Family Dollar (FDO)

June 9th, 2014

Shares of Family Dollar Stores Inc. (FDO) were up +7.52 or +12.42 percent to $68.05 per share in pre-market trading this morning, after news late Friday that Carl Icahn had disclosed a stake of 9.4 percent in the company. The 13-D filing with the Securities and Exchange Commission made late Friday showed Icahn and several
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GW Pharmaceuticals’ (GWPH) Epidiolex Fast Tracked by FDA

June 6th, 2014

Shares of GW Pharmaceuticals plc (GWPH) were up +5.15 or +7.60 percent to $72.93 per share in pre-market trading this morning, after the company announced its cannabis based drug Epidiolex, for the treatment of Dravet Syndrome, was granted Fast Track designation by the U.S. Food and Drug Administration. GW Pharmaceuticals stock closed at $67.78 per
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T-Mobile (TMUS) and Sprint Close to an Agreement

June 5th, 2014

Shares of T-Mobile International AG (TMUS) were up +0.72 or +2.10 percent to $35.00 per share in Thursdayâ s pre-market, after it was revealed late yesterday that Sprint Corp. (S) was close to reaching an agreement for the acquisition of T-Mobile in a deal that could value the company for as much as $40 billion.
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The Fresh Market (TFM) Rises on Insider Buying

June 4th, 2014

Shares of Greensboro, North Carolina, based The Fresh Market, Inc. (TFM) rose on Tuesday on news of insider buying. The Fresh Market’s stock was up $2.43 per share, or 7.96%, to $32.95, on volume of 1,091,600 shares. The company disclosed that it’s chairman purchased a large block of the company’s stock last week. Founded in
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Quiksilver (ZQK) Off 37 Percent After Earnings Miss

June 3rd, 2014

Shares of Quiksilver Inc. (ZQK) were trading down -2.16 or -37.31 percent to $3.63 per share in pre-market trading on Tuesday, after the company announced financial results for its second fiscal quarter ended April 30th. Quiksilver released earnings after the close showing a wider than expected loss, driving the stock down -27 percent on more
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Five Stocks to Watch in June

June 2nd, 2014

The U.S. stock market made yet another record in May, with the S&P 500 Index making a new all-time high on May 23rd and closing the month just 0.46 shy of the record. Nevertheless, some analysts are seeing underlying weakness in that the S&P 500 stocks only traded 1.8 billion shares last month, the lowest
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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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