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California-based genetic product maker Affymetrix Inc (AFFX) has inked an agreement with German molecular diagnostics firm Signature Diagnostics AG (Signature Dx) for improved diagnosis of advanced colorectal cancer (CRC). Under the deal called “Powered by Affymetrix (PbA)", Signature Dx secures a...

FOX Business Network’s (FBN) Charlie Gasparino is reporting that former Lehman Brothers president, Joe Gregory, is now a key person in the SEC investigation into the firm. Excerpts of Gasparino's report can be found below, courtesy of Fox Business Network. From Charlie Gasparino: “Joe Gregory seems...

FOX Business Network’s (FBN) Charlie Gasparino is reporting that sources say former Wachovia CEO Bob Steele is being considered for a deputy mayor of economic development position under the New York City Bloomberg administration. Excerpts of Gasparino's story can be found below courtesy of Fox...

Below are the top 4 textile industrial stocks on the NASDAQ and the NYSE in terms of cash. Mohawk Industries Inc (NYSE: MHK) had $452.33 million of cash in the latest quarter, while its debt liabilities stood at $1.87 billion. Albany International Corp (NYSE: AIN) had $101.76 million of cash and $...

At 11:36 a.m., Dow gained 96.89, or 0.95%, to 10,307.96, the broader Standard & Poor's 500 index rose 11.94, or 1.09%, to 1,103.54 and the NASDAQ composite index moved up 31.42, or 1.40%, to 2275.02. The industries that are driving the market today are: Textile Industrial: The top gainer of the...

FOX Business Network’s (FBN) Charlie Gasparino is reporting that the FCIC committee investigation of Goldman Sachs headed up by Phil Angelides was launched after Sen. Carl Levin’s (D-Mich.) probe and Goldman is bracing for Lloyd Blankfein to be called for testimony. From Charlie Gasparino: “This is...

Shares of Leggett & Platt Inc. (NYSE: LEG) are trading lower on the session, off by 3.66% at $22.62. The stock has been a relative outperformer lately, but is now in jeopardy of breaking down through the 50-day moving average. Puts are being purchased on the name today, betting that the stock...

Below are the top 5 mid-cap consumer goods stocks on the NYSE in terms of ROE. Lear Corp (NYSE: LEA) has a trailing-twelve-month ROE of 112%. The quarterly earnings growth of LEA stands at 35.50%. Tempur Pedic International Inc (NYSE: TPX) has a trailing-twelve-month ROE of 106.85%. TPX’s quarterly...

FOX Business Network (FBN) has confirmed Benzinga's story earlier that it will in fact debut a new daytime program hosted by Gerri Willis on Monday, June 7th. As we noted earlier, The Willis Report will appear weekdays at 5 PM/ET and feature a breakdown of the day’s top stories and how they impact...

Odyssey Healthcare Inc (NASDAQ: ODSY) soared 36.90% to $26.41 by 11:40 am. ODSY is going to be acquired by Gentiva Health Services Inc (NASDAQ: GTIV) in a $1 billion cash deal, which could turn GTIV into the second largest player in the US home and hospice care market. Carver Bancorp Inc (NASDAQ:...

Recently, Bayer (BAYRY) initiated patient enrollment in a phase III trial of one of its late stage pipeline candidates, regorafenib. The drug is being studied to treat patients with metastatic colorectal cancer (CRC) who have not responded properly to standard therapies.   In the CORRECT (Patients...

Shares of Stanley Furniture Co. (NASDAQ: STLY) are falling off a cliff today, currently trading lower by 13.35% to $8.18, after the company reported worse than expected Q1 2010 earnings. Net sales of $36.5 million decreased 8.1% from the first quarter of 2009. Net loss for the quarter was $19.1...

Shares of Mohawk Industries (NYSE: MHK) are higher on the session by 2.77% to $62.68, but investors are buying puts along the way as protection. The May $60 put traded over 1,200 times and the August $60 put traded over 5,500 times. Put volume in Mohawk Industries is running at 3.65x the daily...