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Morgan Stanley Initiates Coverage of MAKO Surgical with Equal-Weight
Monday, July 11, 2011 - 6:33am | 34Morgan Stanley initiated its coverage of MAKO Surgical (NASDAQ: MAKO) with an Equal-weight rating. On Friday, MAKO lost 1.71% of its value to finish the day at $32.75.
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Morgan Stanley Initiates MAKO Surgical At Equal-weight
Monday, July 11, 2011 - 6:01am | 23Morgan Stanley has initiated coverage on MAKO Surgical Corporation (NASDAQ: MAKO) with an Equal-weight rating.
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Stocks to Watch for Monday 07/11/11: Fresh 52 Week Highs and Lows
Sunday, July 10, 2011 - 6:15pm | 2231Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Friday's trading session (listed from highest total volume to lowest): 1) Melco Crown Entertainment (NASDAQ:...
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Hottest and Coldest Sectors for Friday 7/8/11
Friday, July 8, 2011 - 5:24pm | 1918The S&P 500 lost 9.4 points, or 0.7%, in Friday's trading session, as a weaker-than-expected jobs report put an end to the recent market rally. The SPX is now 26.78 points lower than its 52-week high of 1370.58, which was set on May 2nd. The Sector breakdown for Friday's session is as follows...
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J.P. Morgan Raising Estimates On Covidien
Friday, July 8, 2011 - 3:10pm | 116J.P. Morgan Chase & Co. is raising its earnings estimates on shares of Covidien (NYSE: COV). It has an Overweight rating and a $62 price target on shares. In a note to clients, J.P. Morgan Chase & Co. writes, "We are raising our 3Q EPS estimate by $0.015 to $0.95, which is now on par with...
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Market Reacts to Unemployment 07-08-2011
Friday, July 8, 2011 - 1:27pm | 990Cusick's Corner The macro picture in the US is not as rosy as the market was picturing. But by no means does this mean that we are in a major trend shift, in fact this is a market that is still in an uptrend. The question is what the Fed will do now that QE is off the table and Washington is still...
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Friday's Put/Call Ratio Leaders
Friday, July 8, 2011 - 1:10pm | 80Here are today's Put/Call Ratio leaders… 1. Thoratec Corp. (NASDAQ: THOR) 8,512 puts, 46 calls 2. El Paso Corp. (NYSE: EP) 6,918 puts, 157 calls 3. Lender Processing Services (NYSE: LPS) 10,567 puts, 317 calls 4. Charles Schwab Corp. (NASDAQ: SCHW) 4,486 puts, 207 calls 5. Banco Bradesco (NYSE:...
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Medtronic Issues Communication about the Potential for Reduced Battery Performance in a Small Percentage of SynchroMed II Implantable Drug Infusion Pumps
Friday, July 8, 2011 - 11:04am | 91Medtronic, Inc. (NYSE: MDT) is issuing an urgent Medical Device Correction to provide physicians with additional information about the potential for reduced battery performance in a small percentage of its SynchroMed® II Implantable Drug Infusion Pumps. Medtronic first communicated about this issue...
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Options Brief: Thoratec
Friday, July 8, 2011 - 10:48am | 96Shares of Thoratec (NASDAQ: THOR) are lower on the session by 0.25%, trading at $35.35. Overall put volume is now running at 4.55x the daily average, with 38% of all puts traded being purchases on the offer. 8,048 contracts have traded on the session so far. Thoratec Corporation is a manufacture...
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Bank of America Initiates Integra Lifesciences At Neutral, $50 PT
Friday, July 8, 2011 - 8:40am | 26Bank of America has initiated coverage on Integra Lifesciences (NASDAQ: IART) with a Neutral rating and $50 price target.
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Baxter and Halozyme Announce Top-Line Results of Phase III Study of HyQ in Patients with Primary Immunodeficiency
Friday, July 8, 2011 - 8:39am | 98Baxter International Inc. (NYSE: BAX) and Halozyme Therapeutics, Inc. (NASDAQ: HALO) today announced top-line results of a phase III study of HyQ, an investigational facilitated subcutaneous immune globulin product for use in patients with primary immunodeficiency . The subcutaneous...
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Oppenheimer Reiterating Outperform On Medtronic
Friday, July 8, 2011 - 8:05am | 158Oppenheimer & Co. has an Outperform rating and a $48 price target on shares of Medtronic (NYSE: MDT). In a note to clients, Oppenheimer & Co. writes, "Thursday, MDT announced all-cash acquisitions of privately-held Salient Technologies and PEAK Surgical for $525M and $120M, respectively....
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Morgan Keegan Has Outperform On Baxter International
Friday, July 8, 2011 - 7:38am | 150Morgan Keegan has an Outperform rating and a $70 price target on shares of Baxter International Inc. (NYSE: BAX). In a note to clients, Morgan Keegan writes, "Yesterday, results of a Phase II study (167 patients) exploring intramyocardial, autologous CD34+ cell therapy for refractory angina were...
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Stocks to Watch for 07/8/11: Fresh 52 Week Highs and Lows
Friday, July 8, 2011 - 12:59am | 2553Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Thursday's trading session (listed from highest total volume to lowest): 1) Shares of Level 3 Communications hit...
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Hottest and Coldest Sectors for Thursday 7/7/2011
Thursday, July 7, 2011 - 7:35pm | 1705The S&P 500 (SPX) gained 14 points, or 1%, in today's session to close at 1353.22. The index is nearing its 52-week high of 1370.58, which was set on May 2nd. The Sector breakdown for Thursday's session is as follows: The S&P 500 was led by the Basic Materials Sector in Thursday's session...