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Positive Data on Genzyme's Campath - Analyst Blog
Thursday, December 10, 2009 - 1:23pm | 536Genzyme Corp. (GENZ) recently presented encouraging interim results on its oncology product, Campath, at the annual meeting of the American Society of Hematology (ASH). Results from the randomized phase III study (CAM314) showed that Campath, when used in combination with Fludara (FluCAM),...
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Top 5 Mid-Cap NASDAQ Stocks with Highest Cash (ETFC, LCAPA, PBCT, FITB, DISH)
Tuesday, December 8, 2009 - 9:42am | 173Below are interesting mid-cap stocks on the NASDAQ with highest cash. E*TRADE Financial Corporation (NASDAQ: ETFC) has $7.57 billion in cash on its balance sheet. ETFC’s market capitalization is $3.13 billion. Citigroup upgraded ETFC from “hold” to “buy.” Liberty Media Capital (NASDAQ: LCAPA) has $...
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New York Community: Is the Acquisition of AmTrust More Accretive than We Expect?
Monday, December 7, 2009 - 1:43pm | 152Analysts at Morgan Stanley reiterate their "Equal-weight" rating on New York Community Bancorp, Inc. (NYSE: NYB) after New York Community Bancorp acquired most of the assets from failed bank AmTrust on Friday through an FDIC-assisted transaction. The target price for NYB is set to $13. The Firm...
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Bristol Seeks EU OK for Apixaban - Analyst Blog
Monday, December 7, 2009 - 1:30pm | 440Bristol-Myers Squibb Co. (BMY) and Pfizer (PFE) recently announced that they intend to seek European approval for apixaban, a drug aimed at preventing and treating clots in blood vessels. The companies will submit the application for the purpose in the first half of 2010. The oral drug is being...
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Benzinga’s Top Gainers (BIG, MRVL, MWW, AF, SNV)
Friday, December 4, 2009 - 1:33pm | 199Big Lots, Inc. (NYSE: BIG) has soared 16.60% to $27.45 on 6.33 million shares after BIG’s third-quarter profit jumped more than expected and it also lifted its outlook for the fourth quarter and for the year. Its third-quarter net income more than doubled to $30.3 million, or 37 cents a share, from...
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Benzinga’s Top Upgrades (AKAM, RAI, FSLR, INCB, AF, SNV)
Friday, December 4, 2009 - 10:20am | 257Akamai Technologies, Inc. (NASDAQ: AKAM) was today upgraded by Citigroup from Hold to Buy and price target increased to $31 from $23. AKAM is now trading at $25.20, 6% up in the pre-market session. So far in 2009, AKAM gained over 55%. Reynolds American, Inc. (NYSE: RAI) climbed 1.35% to $51.74....
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Sanofi's Multaq Gains EU Approval - Analyst Blog
Thursday, December 3, 2009 - 4:04pm | 387Sanofi-Aventis (SNY) received good news recently with the company gaining approval from the European Commission for its atrial fibrillation drug, Multaq. The product gained approval for use in adult clinically stable patients with a history of, or current non-permanent atrial fibrillation (AF) to...
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Top 5 Small-Cap Stocks with Highest Revenue Expectations for the Year (RAD, FNM, TSO, UAUA, FRE)
Thursday, December 3, 2009 - 9:38am | 204Below are the interesting small-cap stocks on the NYSE and NASDAQ for which revenue consensus expectations is the highest for the year. Rite Aid Corp (NYSE: RAD) has a market capitalization of $1.12 billion. RAD is expected to generate $25.721 billion in revenues in the current year. RAD shares are...
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Top 5 Small-Cap Stocks in NYSE That Have Highest Cash Per Share (FRE, MF, SEB, FNM, AGM)
Thursday, December 3, 2009 - 9:21am | 184Below are the interesting small-cap stocks on the NYSE that are held by highest cash per share. Freddie Mac (NYSE: FRE) has a market capitalization of $706.7 million and cash per share of $464.31. FRE shares are trading at a price significantly short of their 52-week high of $2.50. MF Global Ltd (...
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Anchor Bancorp (ABCW) Gets Help From Badger Holdings
Wednesday, December 2, 2009 - 10:59am | 131Anchor Bancorp (NYSE: ABCW) announced that it would be getting equity infusion from Badger Holdings. According to a report released by Keefe, Bruyette & Woods, this will increase the execution risk. However, such support would help Anchor Bancorp to carry out FDIC-assisted transactions. In...
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Likely Torch Bearers In The Market If The Economic Recovery Sustains, WSFS, PEI, IDTI, MCHP, MWA
Monday, November 30, 2009 - 11:13am | 492With the economy displaying some promise of sustained recovery going forward, market experts are already busy devising strategies for regaining lost ground in terms of portfolio performance. The 4,000 point recovery in the Dow, from a low of 6,000 levels has given them the drive to plan for...
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Cramer's Lightning Round Picks (RDSA, BAC, RFMD, TLAB, CIEN, PBCT, FLEX, DECK, RVBD, JPM)
Wednesday, November 25, 2009 - 4:16am | 354CNBC's Mad Money Jim Cramer thinks that Royal Dutch Shell (NYSE: RDSA) is a great stock to own. Royal Dutch Shell (RDSA) gained 0.19% on Tuesday. Cramer also said that he owns Bank of America (NYSE: BAC) but is unhappy with the stock because they still haven't found CEO and payed back TARP money....
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Cramer: NewAlliance Bancshares Could Be Feeling Acquisitive
Tuesday, November 24, 2009 - 5:36am | 99NewAlliance Bancshares (NYSE: NAL), a sleepy New England-based bank with a sturdy balance sheet, could be ready to make an acquisition to bolster in an effort to gain market share, according to a blog post by Jim Cramer. NewAlliance is similar in stature to another New England bank, People's United...
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Benzinga’s Top Gainers (SEED, FIF, ZION, JOBS, CI)
Monday, November 23, 2009 - 1:17pm | 205Origin Agritech Ltd. (NASDAQ: SEED) soared 76% to $9.17 on 16.29 million shares after Saturday SEED announced that it has received the Bio-safety Certificate from the Ministry of Agriculture as a final approval for commercial approval of the world's first genetically modified phytase corn....
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Benzinga’s News Update (CIEN, PBCT, FSLR, DHI, BJS)
Monday, November 23, 2009 - 11:08am | 297Ciena Corporation (NASDAQ: CIEN) declined 5.60% to $12.45 on 3.14 million shares in the morning trading hours after Ciena Corp beat other vendors in a three day auction and won the deal to buy Nortel Networks for $769 million. The 52 week trading range for CIEN is $4.98 - $16.64. So far in 2009,...