Share This:Analyst Recommendations: U.S. stock rose on Wednesday, led by tech shares after Intel’s earnings and word of a partnership between IBM and Apple, while Time Warner Inc rallied on news it rebuffed a takeover attempt from Rupert Murdoch’s Twenty-First Century Fox. The Dow Jones industrial average was up 0.27 percent at … Continue reading
Share This:(PGNX) (KNDI) (URS) Higher; (HLIT) (RVBD) (GTAT) Lower (more…) 9:33 AM ET, 07/14/2014 – Street Insider Progenics Pharmaceuticals (Nasdaq: PGNX) 14.2% HIGHER; Salix Pharmaceuticals, Ltd. (Nasaq: SLXP) and Progenics Pharmaceuticals (Nasdaq: PGNX) announced that the Food and Drug Administration (FDA or Agency) has informed Salix that RELISTOR (methylnaltrexone bromide) … Continue reading
Share This:Three Option trades for second half of the year: The Euro Currency Trust (FXE) most actively traded equity product for euro exposure. Buy 132 puts that expire Jan 2015 for $1.45. United States Oil Fund (USO) – because of geo political risks – the most actively traded crude Exchange … Continue reading
Share This:Lumber Liquidators Holdings (NYSE: LL) 21.2% LOWER; Q2 warning. The company sees Q2 net sales of $263.1 million and EPS of $0.59-$0.61, versus the consensus of $303.2 million and EPS of $.90. FY 2014 outlook was also cut. Sarepta Therapeutics, Inc. (Nasdaq: SRPT) 19.8% LOWER; announced data through Week … Continue reading
Share This:Notable Mergers and Acquisitions of the Day 07/03: (SUNE) (QCOM) (LULU) (RAI)/(LO) 10:19 AM ET, 07/03/2014 – Street Insider SunEdison (NYSE: SUNE) completed its acquisition of a 50% ownership stake in Silver Ridge Power, LLC (“SRP”) from a subsidiary of The AES Corporation (NYSE: AES) for approximately $178.6 million in cash, … Continue reading
