Google (NASDAQ:GOOG) Invests In Auction.com, Faces New Smart TV Competition
Google (NASDAQ:GOOG) moves higher Wednesday as the market digests mixed news for the search giant, first that it took a stake in an online real estate auction firm, but also that its Chromecast stick now faces competition from Roku’s affordable Streaming Stick. In its first real estate venture, Google Capital will pay $50 million for a minority stake in Auction.com LLC. This online real estate … Continue reading Google (NASDAQ:GOOG) Invests In Auction.com, Faces New Smart TV Competition
Peregrine Pharmaceuticals (NASDAQ:PPHM) Up 20% to 19-Month High; Agenus (NASDAQ:AGEN) Soars
Peregrine Pharmaceuticals (NASDAQ:PPHM) is up nearly 20% and reached a 19-month high after the biopharmaceutical company said Wednesday that it will present data from three preclinical studies highlighting the immuno-oncology and anti-viral potential of phosphatidylserine (PS)-targeting antibodies. Results will be presented at two upcoming Keystone Symposia to be held March 9-13. Shares of Peregrine (NASDAQ:PPHM) are at $2.29, and earlier touched $2.37 – its highest price … Continue reading Peregrine Pharmaceuticals (NASDAQ:PPHM) Up 20% to 19-Month High; Agenus (NASDAQ:AGEN) Soars
Trader’s Alert: Baidu Inc (NASDAQ:BIDU), Qihoo 360 Technology (NYSE:QIHU), Sprint Corporation (NYSE:S), Nokia Corporation (ADR) (NYSE:NOK)
Analysts at Citigroup Inc. raised their price objective on shares of Baidu (NASDAQ:BIDU) from $175.00 to $215.00 in a research report issued to clients and investors on Monday, AmericanBankingNews.com reports. Citigroup Inc.’s target price would indicate a potential upside of 26.66% from the company’s current price. Shares of Baidu Inc (ADR) (NASDAQ:BIDU) closed at $172.42 in last trading session. Yesterday share price of the company … Continue reading Trader’s Alert: Baidu Inc (NASDAQ:BIDU), Qihoo 360 Technology (NYSE:QIHU), Sprint Corporation (NYSE:S), Nokia Corporation (ADR) (NYSE:NOK)
Stocks to Watch: Applied Materials (NASDAQ:AMAT), ASML Holding (NASDAQ:ASML), Lam Research Corporation (NASDAQ:LRCX), Cree (NASDAQ:CREE)
Applied Materials, Inc. (NASDAQ:AMAT) announced that its Board of Directors has approved a quarterly cash dividend of $0.10 per share payable on the company’s common stock. The dividend is payable on June 12, 2014 to stockholders of record as of May 22, 2014. Shares of Applied Materials, Inc. (NASDAQ:AMAT) closed at $18.84 in last trading session. Yesterday share price of the company was traded in … Continue reading Stocks to Watch: Applied Materials (NASDAQ:AMAT), ASML Holding (NASDAQ:ASML), Lam Research Corporation (NASDAQ:LRCX), Cree (NASDAQ:CREE)
Active Movers: Facebook Inc (NASDAQ:FB), Corning Incorporated (NYSE:GLW), Vale (NYSE:VALE), EMC Corporation (NYSE:EMC)
Facebook Inc (NASDAQ:FB) is in talks to buy drone maker Titan Aerospace for $60 million, according to media reports. The high-flying drones would give Facebook, the world’s No.1 Internet social network, the ability to beam wireless Internet access to consumers in undeveloped parts of the world, according to the technology blog TechCrunch. Yesterday share price of the company was traded in the range of $67.62 … Continue reading Active Movers: Facebook Inc (NASDAQ:FB), Corning Incorporated (NYSE:GLW), Vale (NYSE:VALE), EMC Corporation (NYSE:EMC)
Technology Sector Most Active; Plug Power Inc (NASDAQ:PLUG), Zynga Inc (NASDAQ:ZNGA), Verizon Communications (NYSE:VZ), Facebook Inc (NASDAQ:FB)
Shares of fuel-cell maker Plug Power Inc. (NASDAQ:PLUG) jumped another 15% and touched a new 52-week high after being upgraded by an analyst. Plug Power Inc (NASDAQ:PLUG) stock performance was 14.95% in last session and finished the day at $6.69. Traded volume was 121,337,931 million shares in the last session and the average volume of the stock remained 27.03 million shares. The beta of the … Continue reading Technology Sector Most Active; Plug Power Inc (NASDAQ:PLUG), Zynga Inc (NASDAQ:ZNGA), Verizon Communications (NYSE:VZ), Facebook Inc (NASDAQ:FB)
