Advertising

DragonWave Inc (NASDAQ: DRWI) dipped 7.44% to $5.85 in the pre-market session. DRWI announced the resignation of its vice-president of worldwide sales Brian McCormack. Aixtron SE (NASDAQ: AIXG) dropped 4.36% to $31.79 in the pre-market trading. AIXG's PEG ratio is 6.92. OmniVision Technologies...

Analysts at Morgan Stanley downgraded WPP plc (NASDAQ: WPPGY) from “overweight” to “equal-weight.” WPP's stock closed at $62.87 yesterday. WPP's trailing-twelve-month ROA is 2.66%. Analysts at Kaufman Bros downgraded NetScout Systems Inc (NASDAQ: NTCT) from “buy” to “hold.” NTCT's shares closed at...

Focus Media Holding Limited (Nasdaq: FMCN) today announced that they have entered into a definitive agreement with Fosun International, one of Focus Media's shareholders, pursuant to which Focus Media will repurchase from Fosun International 1,956,310 ADSs, each representing five ordinary shares of...

Syntroleum Corporation (NASDAQ: SYNM) shares fell 2.05% to create a new 52-week low of $1.43. SYNM's trailing-twelve-month profit margin is -275.76%. Smith Micro Software Inc (NASDAQ: SMSI) shares dropped 5.20% to create a new 52-week low of $3.83. SMSI's PEG ratio is -1.46. Novavax Inc (NASDAQ:...

Shares of The Interpublic Group of Companies (NYSE: IPG) are higher on the session by 2.71%, trading at $12.51. Overall put volume is now running at 4.44x the daily average, with 25% of all puts traded being purchases on the offer. 1,022 contracts have traded on the session so far. The...

Rodman & Renshaw lowered its Cleveland BioLabs (NASDAQ: CBLI) price target from $11 to $8 in a research report published today. Rodman & Renshaw has previously given Cleveland BioLabs a Market Outperform rating. In the report, Rodman & Renshaw states, "Our thesis is based on the view...

Shares of Omnicom Group Inc. (NYSE: OMC) are higher on the session by 0.02%, currently trading at $45.33. The stock has been moving largely lower over the past four months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A...

Harris Interactive (NASDAQ: HPOL) today announced the appointment of Al Angrisani as its Interim Chief Executive Officer, effective immediately. Mr. Angrisani succeeds Kimberly Till, who served as President and Chief Executive Officer of the Company since October 2008. Mr. Angrisani has agreed to...

AirMedia Group (Nasdaq: AMCN) today announced that its chairman and chief executive officer, Herman Guo, has made purchases of US$1,063,293 of the Company's American Depositary Shares from the public market during the period from May 26 to June 8. The purchases were made under the account of Mr....

Deutsche Bank is reaffirming its Buy rating and $15 PT on shares of Interpublic Group (NYSE: IPG). “While we are increasing our buyback/dividend assumptions for 2011 only modestly ($311mn and $0.06/qtr, respectively), for 2012 we are now modeling $600mn (vs. $400mn previously) and $0.08/qtr (+33%...

Insignia Systems (Nasdaq: ISIG) today announced the appointment of John C. Gonsior as the Company's new Vice President of Finance, Chief Financial Officer, and Treasurer. Prior to joining the Company, Mr. Gonsior was a Senior Manager in the audit practice at Grant Thornton LLP, the Company's...

Shares of Focus Media Holding Limited (NASDAQ: FMCN) are higher on the session by 1.64%, trading at $29.11. Overall put volume is now running at 2.22x the daily average, with 1% of all puts traded being purchases on the offer. 13,090 contracts have traded on the session so far. Focus Media...

According to Benchmark, Lamar Advertising (NASDAQ: LAMR) should see steady mid-single digit revenue growth in 2011 barring a double-dip in the US economy. Benchmark said that it believes outdoor advertising trends and pacings are holding up despite some moderation in US economic activity. “2Q11...

The Benchmark Company has lowered the price target on Lamar Advertising Company (NASDAQ: LAMR) from $39 to $33 and maintains its Buy rating.

Cusick's Corner The market has broken down and while we are at potential congestion levels/support levels, the shorts are not covering at this stage. Right now the market is seeing volatility start to move and this is a point where you could see stocks get into a range, especially now that we are...