04/29
Headlines

Finance

Unusual Volume Spikes: Brookfield Residential Properties (NYSE:BRP), Science Applications International (NYSE:SAIC), BBVA Banco Frances (NYSE:BFR), Signature Bank (NASDAQ:SBNY), Hittite Microwave (NASDAQ:HITT)

Jason Knox03 mins

RBC Capital downgraded shares of Brookfield Residential Properties Inc (NYSE:BRP) from an outperform rating to a sector perform rating in a research note released on Thursday morning, TheFlyOnTheWall.com reports. They currently have $23.00 target price on the stock. Brookfield Residential Properties Inc (NYSE:BRP) stock performance was 1.29% in last session and finished the day at…

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Hot List: Hillshire Brands (NYSE:HSH), Atmel Corporation (NASDAQ:ATML), JetBlue Airways (NASDAQ:JBLU), FuelCell Energy Inc (NASDAQ:FCEL), Hospira (NYSE:HSP)

Kristen Barton03 mins

Tyson Foods reportedly won a bidding war to acquire Hillshire Brands Co (NYSE:HSH) on Monday, paying $7.7 billion for the Chicago-based maker of Jimmy Dean sausage and other meat products. Hillshire Brands Co (NYSE:HSH) stock performance was -0.15% in last session and finished the day at $61.97. Traded volume was 11.07million shares in the last…

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

Mark DeFrance03 mins

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…

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

John Meady03 mins

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…

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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 DeFrance03 mins

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…

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

John Meady03 mins

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…

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