Category: business

business

business, Finance

Top Losers: Magnum Hunter Resources Corp (NYSE:MHR), eHealth (NASDAQ:EHTH), Coupons.Com (NYSE:COUP), Relypsa Inc (NASDAQ:RLYP), EDENOR (NYSE:EDN)

Magnum Hunter Resources Corp (NYSE:MHR) CEO Gary Evans recently shared with CNBC his belief that convenient location makes these shale deposits extremely promising. “There’s not a better growth story in the United States for gas than the Marcellus and Utica,” Evans said. Magnum Hunter Resources Corp (NYSE:MHR) stock performance was -5.54% in last session and finished the day at $8.35. Traded volume was 6.13million shares … Continue reading Top Losers: Magnum Hunter Resources Corp (NYSE:MHR), eHealth (NASDAQ:EHTH), Coupons.Com (NYSE:COUP), Relypsa Inc (NASDAQ:RLYP), EDENOR (NYSE:EDN)

Mark DeFrance
business, Finance

Stocks In News: Freescale Semiconductor(NYSE:FSL), Microsoft Corporation (NASDAQ:MSFT), Advanced Micro Devices (NYSE:AMD), STMicroelectronics (NYSE:STM), Toshiba (OTCMKTS:TOSYY)

Broadcom Corp. (BRCM:US), struggling to make a dent in Qualcomm Inc.’s lead in chips that connect smartphones to mobile networks, said it’s giving up on that business. Broadcom is the latest company to say it won’t try to compete in baseband with Qualcomm, whose chips connect the majority of smartphones to high-speed, Internet-capable networks. Texas Instruments Inc. and Freescale Semiconductor Ltd. (NYSE:FSL) have already dropped … Continue reading Stocks In News: Freescale Semiconductor(NYSE:FSL), Microsoft Corporation (NASDAQ:MSFT), Advanced Micro Devices (NYSE:AMD), STMicroelectronics (NYSE:STM), Toshiba (OTCMKTS:TOSYY)

John Meady
business, Finance

Active Movers: Idenix Pharmaceuticals Inc (NASDAQ:IDIX), Groupon Inc (NASDAQ:GRPN), Twenty-First Century Fox Inc (NASDAQ:FOXA), Sirius XM Holdings Inc. (NASDAQ:SIRI), DryShips Inc. (NASDAQ:DRYS)

The U.S. drug maker offered Idenix Pharmaceuticals Inc. (NASDAQ:IDIX) shareholders $24.50 a share, or $3.85 billion, for the developer of hepatitis C drugs. That’s almost quadruple the stock’s average unaffected price over the previous 20 days, the highest premium on record for any health care deal of at least $100 million, according to data compiled by Bloomberg. Idenix Pharmaceuticals Inc (NASDAQ:IDIX) stock performance was -0.55% … Continue reading Active Movers: Idenix Pharmaceuticals Inc (NASDAQ:IDIX), Groupon Inc (NASDAQ:GRPN), Twenty-First Century Fox Inc (NASDAQ:FOXA), Sirius XM Holdings Inc. (NASDAQ:SIRI), DryShips Inc. (NASDAQ:DRYS)

Mark DeFrance
business, Finance

Watch List: The Blackstone Group (NYSE:BX), BK, United Technologies Corporation (NYSE:UTX), LinkedIn Corp (NYSE:LNKD), Baidu Inc (ADR) (NASDAQ:BIDU)

Deutsche Bank AG (DBK) agreed to sell the Cosmopolitan of Las Vegas NV hotel & casino to Blackstone Group LP (NYSE:BX) for $1.73 billion in cash, ending a six-year money-losing venture in to casino development. “The bank is committed to reducing its non-core legacy positions in a capital-efficient manner which benefits shareholders,” The Blackstone Group L.P. (NYSE:BX) stock performance was 0.42% in last session and … Continue reading Watch List: The Blackstone Group (NYSE:BX), BK, United Technologies Corporation (NYSE:UTX), LinkedIn Corp (NYSE:LNKD), Baidu Inc (ADR) (NASDAQ:BIDU)

John Meady
business, Finance

Biotech Bullish stocks: Oragenics (NYSEMKT:OGEN), Kindred Biosciences (NASDAQ:KIN), Revance Therapeutics (NASDAQ:RVNC), Stemline Therapeutics (NASDAQ:STML), Aastrom Biosciences (NASDAQ:ASTM)

On May 30, 2014 Oragenics Inc (NYSEMKT:OGEN) held its Annual meeting of Shareholders (the “Meeting”), at which Meeting, the Company’s shareholders authorized the amendment to our Amended and Restated Articles of Incorporation (the “Amendment”) to increase the number of authorized common stock to 100,000,000 shares, upon a determination by our Board of Directors that such an increase is in the best interests of our Company … Continue reading Biotech Bullish stocks: Oragenics (NYSEMKT:OGEN), Kindred Biosciences (NASDAQ:KIN), Revance Therapeutics (NASDAQ:RVNC), Stemline Therapeutics (NASDAQ:STML), Aastrom Biosciences (NASDAQ:ASTM)

Mark Doerr
business, Finance

Stocks to watch: Cavium Inc (NASDAQ:CAVM), Omeros Corporation (NASDAQ:OMER), EDAP (NASDAQ:EDAP), BGC Partners (NASDAQ:BGCP), Intersil Corp (NASDAQ:ISIL)

Cavium, Inc. (NASDAQ:CAVM), a leading provider of semiconductor products that enable intelligent processing for enterprise, data center, cloud, wired and wireless networking, on 03 June 2014 announced the introduction of a new game changing category of processors that are workload optimized for a range of applications in the cloud and data center. The 2.5GHz 48 core ThunderX is the world’s highest performing low-power 64-bit ARMv8 … Continue reading Stocks to watch: Cavium Inc (NASDAQ:CAVM), Omeros Corporation (NASDAQ:OMER), EDAP (NASDAQ:EDAP), BGC Partners (NASDAQ:BGCP), Intersil Corp (NASDAQ:ISIL)

Ryan Holtz