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Stock of the Day

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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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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