Category: Stock Movers

Software, Stock Movers

Stocks Moving Pre-Market: xG Technology, Inc. (NASDAQ:XGTI), Recon Technology (NASDAQ:RCON), Core-Mark Holding (NASDAQ:CORE)

xG Technology, Inc. (NASDAQ:XGTI), a developer of wireless communications and spectrum sharing technologies, has been awarded a U.S. Patent for cognitive radio that will enable high-performance spectrum sharing. This patent, “Measurement Coordination for Dynamic Spectrum Access Measurements in a Time Division Duplex System”, is an important part of xG Technology, Inc. (NASDAQ:XGTI)’s Dynamic Spectrum Access (DSA) technology. It allows base stations to coordinate their measurements … Continue reading Stocks Moving Pre-Market: xG Technology, Inc. (NASDAQ:XGTI), Recon Technology (NASDAQ:RCON), Core-Mark Holding (NASDAQ:CORE)

Chris Lewis
BioTech, Stock Movers

Array Biopharma (NASDAQ:ARRY) Jumping Pre-Bell, SolarCity (NASDAQ:SCTY), Nu Skin Enterprises (NYSE:NUS) Slip

Array BioPharma (NASDAQ:ARRY) was up more than 9% in pre-market trade after reporting positive study results for its asthma treatment. The company said, ARRY-502, an oral CRTh2 antagonist, was studied in a 184-patient placebo-controlled, randomized, double-blind Phase 2 trial in mild to moderate persistent allergic asthma, a population representing more than 12 million patients in the U.S. ARRY-502 met the primary endpoint in the trial, … Continue reading Array Biopharma (NASDAQ:ARRY) Jumping Pre-Bell, SolarCity (NASDAQ:SCTY), Nu Skin Enterprises (NYSE:NUS) Slip

John Meady
Stock Movers

Pre-Market Movers: Dendreon (NASDAQ:DNDN), Arrowhead Research (NASDAQ:ARWR), Magna International Inc. (NYSE:MGA)

Shares of Dendreon (NASDAQ:DNDN) climbed in Monday’s pre-market session, after the biotechnology company reported a narrower-than-expected Q4 adjusted loss on revenue that was above Street estimates, and said it will make its Provenge prostate-cancer treatment commercially available in Germany and the U.K. Dendreon (NASDAQ:DNDN) was up 4.2% at $3 in recent pre-market trading. It has a 52-week range of $2.23 to $6.20. The company’s Q4 … Continue reading Pre-Market Movers: Dendreon (NASDAQ:DNDN), Arrowhead Research (NASDAQ:ARWR), Magna International Inc. (NYSE:MGA)

Jayne Crisman
Stock Movers

Monday Morning Roundup: AstraZeneca plc (NYSE:AZN), Rockwood Holdings (NYSE:ROC), The Men’s Wearhouse (NYSE:MW)

The American Depositary Receipts of AstraZeneca plc (NYSE:AZN) slipped nearly 2% in Monday’s pre-market session after the drugmaker reported that the U.S. FDA approved its Bydureon Pen (2 mg) despite a boxed warning regarding the risk of thyroid C-cell tumors in the use of Bydureon. The Bydureon Pen is an injectable suspension used as a supplement to diet and exercise for patients with Type 2 … Continue reading Monday Morning Roundup: AstraZeneca plc (NYSE:AZN), Rockwood Holdings (NYSE:ROC), The Men’s Wearhouse (NYSE:MW)

Adam Keintzel
Stock Movers

Tyco (NYSE:TYC) Selling Korea Unit to Carlyle Group for $1.93

Tyco (NYSE:TYC) signed a definitive agreement to sell Tyco Fire & Security Services Korea Co. Ltd. and its subsidiaries (ADT Caps Co., Ltd., Capstec Co., Ltd. and ADT Security Co., Ltd.) that form and operate the company’s South Korean security business (ADT Korea) to The Carlyle Group (CG), in a cash transaction valued at approximately $1.93 billion. The transaction is expected to close in Tyco’s … Continue reading Tyco (NYSE:TYC) Selling Korea Unit to Carlyle Group for $1.93

John Meady
Services Sector, Stock Movers, Tech IPO

After-Market News: WAIR, GME, CADX, DVA

Wesco Aircraft Holdings Inc. (NYSE:WAIR) has closed on its purchase of Haas Group Inc., a privately held supply-chain management firm previously owned by The Jordan Company LP. WAIR funded the $550 million transaction using proceeds from a new, $525 million syndicated term loan added to the company’s existing senior secured credit facilities as well as a $40 million draw under WAIR’s revolving credit facility and … Continue reading After-Market News: WAIR, GME, CADX, DVA

John Meady