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Calls Purchased on NBTY Inc. (NTY)
Tuesday, July 20, 2010 - 1:25pm | 113Shares of NBTY Inc. (NYSE: NTY) are higher on the session by 0.30%, currently trading at $53.61. The stock has been moving largely sideways since it received a takeover bid by Carlyle Group for $55.00 cash. Options traders are picking up some calls today. The September $55 and December $55 call...
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I Have A Question
Tuesday, July 20, 2010 - 11:53am | 865I Have A Question Courtesy of Sam Antar at White Collar Fraud Nice timing. NBTY Inc. (NYSE: NTY) Directors Michael L. Ashner and Peter J. White May purchased company stock just about two months before last week’s announcement that NBTY is being acquired by the Carlyle Group, according to publicly...
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Time to Look at Your New Years Resolutions
Monday, July 19, 2010 - 2:04pm | 439New Years Resolutions in summer? What better time to look at your resolutions than half way through the year. Have you followed through with any of yours? For me, I haven't done much in the way of my exercise resolution. I guess I better get on it, since I have less than six months left. At the...
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Elan Reaches Agreement in Principle for Settlement of Investigation of Past Zonegran Sales and Marketing Activities (ELN)
Friday, July 16, 2010 - 7:23am | 166Elan Corporation, plc (NYSE: EL) today announced that it has reached an agreement in principle with the United States Attorney’s Office for the District of Massachusetts with respect to the previously disclosed U.S. Department of Justice’s investigation of sales and marketing practices for Zonegran...
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Top 4 Stocks In The Drug Related Products Industry With The Lowest PEG Ratio (PBH, USNA, HLF, NTY)
Friday, July 16, 2010 - 4:51am | 129Below are the top drug related product stocks on the NYSE and the NASDAQ in terms of PEG ratio. Prestige Brand Holdings Inc (NYSE: PBH) has a PEG ratio of 0.84. PBH’s trailing-twelve-month operating margin is 27.80%. USANA Health Sciences Inc (NASDAQ: USNA) has a PEG ratio of 0.84. USNA’s trailing-...
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Top Narrow Based Indexes for July 15 (NTY, NTZ, TOF)
Thursday, July 15, 2010 - 2:31pm | 203By 2:21 pm, the Dow Jones Industrial Average was down 60.92 points, or 0.59%, to 10,305.80, while the broader Standard & Poor's 500 index had lost 5.88 points, or 0.54%. The NASDAQ composite index had fallen 11.92 points, or 0.53%. Some of the narrow based indexes driving the markets are...
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Top Performing Industries For July 15 (NTY, CF, ARNA, MYL)
Thursday, July 15, 2010 - 1:51pm | 241At 12:19 pm, the Dow lost 0.90% to 10,273.86, the broader Standard & Poor's 500 index moved down 0.93% to 1,084.99 and the NASDAQ composite index fell 0.80% to 2,231.79. The industries that are driving the market today are: Drug Related Products: This industry jumped 7.14% by 12:19 pm. The top...
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Mid-Day Market Movers (VRNM, NTY, SBAY, KV-A)
Thursday, July 15, 2010 - 11:46am | 146Verenium Corporation (NASDAQ: VRNM) jumped 61.38% to $3.97 at 10:50 am. BP Plc (NYSE: BP) has agreed to purchase the biofuels business in California from VRNM for $98.3 million. The company has also promoted Janet Roemer to the post of President and Chief Operating Officer. NBTY Inc (NYSE: NTY)...
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Company News for July 15, 2010 - Corporate Summary
Thursday, July 15, 2010 - 8:34am | 239• JP Morgan (NYSE:JPM) posted second quarter EPS of $1.09 which was above Zacks estimates of 71 cents. Revenues were $25.6 billion, down 7.6% from the year-ago period, compared with Zacks estimates of $25.5 billion • Novartis (NYSE:NVS) reported second quarter EPS of $1.06 which was below Zacks...
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Top Narrow Based Indexes for July 13 (MPX, MED, SANM)
Tuesday, July 13, 2010 - 1:44pm | 194At 2:30 pm, the Dow gained 1.46% to 10,0364.98, the broader Standard & Poor's 500 index moved up 1.47% to 1,094.63 and the NASDAQ composite index rose 1.62% to 2,234.00. Some of the narrow based indexes driving the markets are Recreational Vehicle Stocks, which have gained 4.7%, Fitness and...
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J.P. Morgan Lowers Price Target on MEMC Electronic Materials (WFR)
Tuesday, July 13, 2010 - 8:24am | 377J.P. Morgan is out with a research report this morning, where it reiterates its Underweight rating on MEMC Electronic Materials (NYSE: WFR); it also lowered its price target to $9.75 from $12.00. The JPM analysts said, “Heading into the C2Q10 earnings season, we continue to recommend investors...
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Harris Corporation $30 Million U.S. Navy in Contracts
Tuesday, July 13, 2010 - 7:08am | 163Harris Corporation (NYSE: HRS) has been awarded follow-on contracts by the U.S. Navy totaling nearly $30 million to upgrade the Tactical Airborne Moving Map Capability (TAMMAC) Digital Map System. The TAMMAC Digital Map Computer provides military aircrews with sophisticated moving maps and other...
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News Summary (S, VZ, T, AVP)
Monday, July 12, 2010 - 9:45am | 263When Sprint (NYSE: S) had launched the first ever 4G network, it had beat its rivals to the game. However, CEO Dan Hesse admitted that "we thought we would have more of a head start than we'll end up having." The manufacturer is running into rough weather as it can’t keep up with the demand for the...
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Puts Purchased on Nu Skin Enterprises (NUS)
Friday, July 9, 2010 - 2:09pm | 129Shares of Nu Skin Enterprises Inc. (NYSE: NUS) are higher on the session by 2.18%, currently trading at $27.22. The stock has been trading largely lower over the past three months, but is breaking above that technical downtrend in today’s trade. Options traders are buying protection along with...
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Phil’s Stock World 2010-07-08 20:51:33
Thursday, July 8, 2010 - 11:51pm | 731MOSCOW ART CURATORS FACE 3 YEARS IN PRISON FOR CONTROVERSIAL RELIGIOUS IMAGERY Courtesy of Richard Metzger at Dangerous Minds Via Christian Nightmares Does a current censorship trial in Moscow indicate a return to the old Soviet ways of doing things, although it’s a newly resurgent Russian...