Category: business

business

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
business, Finance

Mid Cap Insider Buying: Noble Corp. (NYSE:NE), WPX Energy (NYSE:WPX), DSW (NYSE:DSW), Opko Health (NYSE:OPK), Seattle Genetics (NASDAQ:SGEN)

Noble Co. (NYSE:NE) CEO David W. Williams bought 10,000 shares of the stock on the open market in a transaction that occurred on Friday, June 6th. The stock was purchased at an average price of $31.03 per share, with a total value of $310,300.00. Following the completion of the purchase, the chief executive officer now directly owns 390,282 shares of the company’s stock, valued at … Continue reading Mid Cap Insider Buying: Noble Corp. (NYSE:NE), WPX Energy (NYSE:WPX), DSW (NYSE:DSW), Opko Health (NYSE:OPK), Seattle Genetics (NASDAQ:SGEN)

Chris Lewis
business, Finance

Mid Cap Insider Selling: Huntsman Corporation (NYSE:HUN), Amkor Technology (NASDAQ:AMKR), Qlik Technologies (NASDAQ:QLIK), Coty (NYSE:COTY), Palo Alto Networks (NYSE:PANW)

Huntsman Corporation (NYSE:HUN) CEO Anthony P. Hankins unloaded 157,483 shares of the stock in a transaction dated Friday, June 6th. The shares were sold at an average price of $28.00, for a total transaction of $4,409,524.00. Following the transaction, the chief executive officer now directly owns 317,461 shares in the company, valued at approximately $8,888,908. Huntsman Corporation (NYSE:HUN) stock performance was 0.45% in last session … Continue reading Mid Cap Insider Selling: Huntsman Corporation (NYSE:HUN), Amkor Technology (NASDAQ:AMKR), Qlik Technologies (NASDAQ:QLIK), Coty (NYSE:COTY), Palo Alto Networks (NYSE:PANW)

Jason Knox