Trader’s Alert – Dyax Corp, Boeing, Tyco

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…

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Momentum Stocks for February 26th: CPS, JAKK, ARCC

Cooper-Standard Holdings (NASDAQ:CPS), the parent company of automotive systems and components supplier Cooper Standard Automotive, is considering buying TI Automotive, Reuters reported citing unnamed people with knowledge of the matter. Cooper-Standard is evaluating a takeover bid for TI Automotive, which is estimated to have an enterprise value of more than $2 billion, Reuters said. The…

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Gilead Sciences GILD NASDAQ:GILD

Pre-Market Earnings Roundup: BKS, CNP, TJX, ERJ

Shares of Barnes & Noble (NYSE:BKS) climbed in Wednesday’s pre-market session, after the bookseller reported it swung to a higher-than-expected fiscal Q3 profit, with sales matching analysts’ estimates. In addition, Chief Executive Michael P. Huseby said the company is “actively engaged in discussions with several world-class hardware partners related to device development as well as…

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