Sodastream International (NASDAQ: SODA) was volatile in pre-market trade after reporting Q4 earnings that fell less than expected and as the FY sales guidance was short of analysts’ estimates. Having earlier trading higher by as much as 3% in pre-market trade, the stock was recently down 0.2% at $39.00. The maker of home beverage carbonation systems and related products said its Q4 adjusted earnings fell … Continue reading Morning Buzz: SODA, SUSS, RL, CDI
Dyax Corp (NASDAQ:DYAX) shares rose 8.1% to $10.99, their highest price since mid-2004, after positive Phase 1a study results of DX-2930, a treatment for hereditary angioedema attacks. The first-in-human clinical study of DX-2930 met all objectives of assessing safety, tolerability and pharmacokinetics and showed it well tolerated at all dose levels. Pharmacokinetic results demonstrated that DX-2930 has linear, dose-dependent exposure and a mean elimination half-life … Continue reading Trader’s Alert – Dyax Corp, Boeing, Tyco
Analysts at RBC Capital have downgraded independent energy company Halcon Resources Corp. (NYSE:HK) to a Sector Perform rating from Outperform. The firm slashed its price target on the stock by one-third to $4 from $6 a share. In the pre-market session, shares of HK have slid 2.68% to $4 amid a 52-week range of $3.16 – $8.12. Natural gas company Exterran Partners, L.P. (NASDAQ:EXLP) has … Continue reading Pre-Market Analyst Updates: Halcon, Exterran, Ralph Lauren, Ariad Pharmaceuticals
Tractor Supply’s (NASDAQ:TSCO) core hobby farmer customer is expected to continue to see outsized income and income growth in 2014 compared to the median U.S. household. Hobby farmer income growth is projected to be +3.5% in 2014 vs. the median U.S. household of 2.2%. Separately, after running well below the metro (i.e. urban) unemployment rate from 2008-2012, the non-metro (i.e. rural) unemployment rate of 6.8% … Continue reading Tractor Supply (NASDAQ:TSCO) Expecting Healthy Hobby Farmer Growth in 2014
Pan American Silver (NASDAQ:PAAS) shares were down more than 3% Tuesday after the stock was downgraded to Sell from Neutral at Goldman Sachs, which lowered its price target to $10 from $15.22. PAAS was trading in a 52-week range of $14.66 to $15.04. Novo Nordisk (NYSE:NVO) shares were up about 5% after Bank of America raised its rating on the healthcare company’s stock to Buy … Continue reading Analysts Actions – PAAS, NVO, ROSE, BLOX
Canadian Solar (NASDAQ:CSIQ) is up 5.7% on heavy volume to $39.94 after JP Morgan initiated coverage at overweight, with a price target of $55 per share. Separately, the solar energy company said it won a module supply agreement to provide 18MW of photovoltaic modules to Hitachi, Ltd. in Japan. The project is expected to be in operation in March 2015. Canadian Solar will supply approximately … Continue reading JP Morgan Initiates Coverage of Canadian Solar with $55 Price Target
