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Rodman & Renshaw Maintains Stryker Market Perform
Wednesday, July 20, 2011 - 4:27pm | 74Rodman & Renshaw maintained its Stryker (NYSE: SYK) Market Perform rating in a research report published today. In the report, Rodman & Renshaw states, "Stryker reported Q2 numbers yesterday with revenues coming in at $2.05 billion and adjusted EPS of $0.90. Core recon revenues did not...
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Six Attractively Valued Dividend Growth Stocks Reporting Earnings!
Wednesday, July 20, 2011 - 3:13pm | 3247Investors today have instant access to minute by minute changes in the stock prices of their portfolio holdings in real time. Since stock prices tend to fluctuate wildly from one day to the next, I for one do not feel that this information overload is a good thing. What makes matters even worse is...
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Chop & Pop 07-20-2011
Wednesday, July 20, 2011 - 2:38pm | 1108Cusick's Corner This market pops on bad news, chop and then pop in spite of negative sentiment for fear of missing the next leg up. This is the grinding, choppy segment after the poor data and continued debt fears here and across the Pond. So what to do? Well volatility has pulled back this week...
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Misonix Announces Settlement of PuriCore Litigation, Including Entry into a U.S. Distribution Agreement for PuriCore's Advanced Wound Care Product
Wednesday, July 20, 2011 - 1:16pm | 274Misonix, Inc. (NASDAQ: MSON) has announced today that it has settled the lawsuit brought against it by PuriCore International Limited and PuriCore plc in connection with the sale to PuriCore of Misonix's Labcaire business in August of 2009. The settlement involves the forgiveness by Misonix of up...
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5 Trade Setups While Waiting For The Market To Do Something
Wednesday, July 20, 2011 - 12:46pm | 225Quiet day in the market so far, and its not tanking (...yet) and is managing to hold on to yesterday's gains (biggest day of the year for the Dow). I've made a number of trades, today, and overall I'm doing fine on the heals of the breakout we got in Hansen Medical (HNSN) today. By the way, for all...
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Angeion Names Lehman CEO
Wednesday, July 20, 2011 - 11:00am | 201Angeion Corporation (NASDAQ: ANGN) today announced that its board of directors has elected Gregg O. Lehman, Ph.D., president and chief executive officer, and appointed him as a director. Lehman joined Angeion in May as interim CEO. “Gregg has demonstrated exceptional leadership at the company in...
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Benzinga's Volume Movers
Wednesday, July 20, 2011 - 10:26am | 149InterDigital Inc (NASDAQ: IDCC) shares surged 15.02% to $61.26 at 10:24 am. The volume of IDCC shares traded was 956% higher than normal. IDCC's Board of Directors started a process to explore and evaluate potential strategic alternatives for the company. E*TRADE Financial Corporation (NASDAQ:...
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Options Brief: MELA Sciences
Wednesday, July 20, 2011 - 10:16am | 83Shares of MELA Sciences (NASDAQ: MELA) are higher on the session by 5.06%, trading at $2.29. Overall call volume is now running at 2.63x the daily average, with 56% of all calls traded being purchases on the offer. 1,026 contracts have traded on the session so far. MELA Sciences, Inc., formerly...
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Piper Jaffray Reiterates Overweight on SYK
Wednesday, July 20, 2011 - 9:16am | 76Piper Jaffray has issued a report reiterating an Overweight Rating on Stryker Corp (NYSE: SYK). According to the report, "Strength across almost every business line drove upside to our Q2 revenue and EPS estimates, partially boosted by FX but principally led by very strong US Medical revenues (+$...
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Last Nights Noteables July 20
Wednesday, July 20, 2011 - 8:48am | 283AM Headlines: Riverbed Technology (RVBD) "1 Upgrade - 1 downgrade" --- Robert W. Baird Upgraded to OUTPERFORM (from Neutral) - Price Target: 40 Needham Reiterated BUY - Price Target: 41 (from 48) (Apple) Price target raised to $525 from $485 at Goldman Apple target raised to $510 from $450 at...
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BIOLASE Files Registration Statement to Register Common Stock in Connection With the June 2011 Private Placement
Wednesday, July 20, 2011 - 8:45am | 62BIOLASE Technology, Inc. (NASDAQ: BLTI) announced today that it has filed a registration statement with the Securities and Exchange Commission to register shares of BIOLASE's common stock, including shares of common stock issuable upon exercise of warrants, in connection with the private placement...
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Deutsche Bank Maintains Hold on Stryker
Wednesday, July 20, 2011 - 8:43am | 135Deutsche Bank is out with its report today on Stryker (NYSE: SYK), maintaining Hold. In a note to clients, Deutsche Bank writes, "The quarter was mixed. On the good side, organic growth did accelerate to nearly 6% from 1Q's 4% though it was driven by unusually strong Medical (bed/stretcher) sales...
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Stifel Nicolaus Updates 7/20/11
Wednesday, July 20, 2011 - 8:38am | 335Stifel Nicolaus made a number of updates in a research report published today. Corporate Office Properties Trust (NYSE: OFC) had its rating upgraded from Sell to Buy. At the same time, its price target was put to $33. On Tuesday, OFC closed the day at $30.34. Fortinet, Inc. (NASDAQ: FTNT) had its...
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JP Morgan Raises ISRG Price Target to $350
Wednesday, July 20, 2011 - 8:33am | 76JP Morgan has issued a report raising the Price Target on Intuitive Surgical (NASDAQ: ISRG) form $325 to $350 a share. According to the report, "With only modest adjustments to revenue and procedure guidance for the year, we see little to change the investment debate, as we maintain our valuation-...
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Benzinga's Top Pre-Market Losers
Wednesday, July 20, 2011 - 8:14am | 120F5 Networks Inc (NASDAQ: FFIV) dipped 2.19% to $116.05 in the pre-market session. FFIV is all set to report its quarterly earnings today. Yahoo! Inc (NASDAQ: YHOO) dropped 1.78% to $14.33 in the pre-market trading. Yahoo's search revenue dropped 45% year-over-year to $467 million. St. Jude...