-
Top Analyst Upgrades and Downgrades (AEZS, ACV, MDRX, CAAS, DELL, HPQ, BEE, SIMG, SY, TEF, TIVO, WCRX)
Monday, May 17, 2010 - 7:22am | 390This morning’s top day trader and active trader alerts are mostly not tied to earnings. The cast of characters today includes AEterna Zentaris, Inc. (NASDAQ: AEZS), American Superconductor Corporation (NASDAQ: AMSC), Fresenius Kabi Pharmaceuticals (NASDAQ: APCVZ), Double-Take Software, Inc. (...
-
Stocks That Crossed 52-Week Highs (ACTG, AEY, EGBN, HMSY)
Tuesday, May 11, 2010 - 1:06pm | 207Acacia Research Corp (NASDAQ: ACTG) crossed its earlier 52-week high of $15 and created a new 52-week high of $15.15, up 1.81% at 12:51 pm. ACTG’s Document Generation Corporation subsidiary has entered into a settlement agreement with Cerner Corporation (NASDAQ: CERN) covering patents relating to...
-
Top Narrow Based Indexes For May 6 (SXCI, MINI, TRE)
Thursday, May 6, 2010 - 2:07pm | 204Wall Street got a pounding for the third consecutive day. While the Dow Jones Industrial Average dipped 141.63, or 1.30%, to 10,726.49, Nasdaq moved down 42.58, or 1.77%. Some of the few narrow based indexes that are driving the market are the Pharmacy Benefit Manager Stocks, which have gained 2%,...
-
Auriga Reiterates Eclipsys (ECLP) Buy Rating
Wednesday, May 5, 2010 - 12:31pm | 199Auriga analyst Gene Mannheimer reiterated his Buy rating for shares of Eclipsys Corporation (NASDAQ: ECLP), with a price target of $24. Mannheimer noted that Eclipsys Corporation recently reported mixed financial results, beating Auriga's earnings estimates, while missing the revenue forecast. The...
-
Auriga Raises Price Target For Cerner Corporation (CERN)
Thursday, April 29, 2010 - 10:09am | 77Analyst Gene Mannheimer at Auriga has raised the price target for Cerner Corporation (NASDAQ: CERN) from $85 to $87. The company reported its first-quarter results on Wednesday. Cerner reported first-quarter EPS of $0.63, compared with Auriga’s estimate of $0.60 and consensus of $0.61. Revenue...
-
Brean Murray, Carret Suspends Phase Forward (PFWD) Coverage
Wednesday, April 28, 2010 - 11:11am | 107Brean Murray, Carret and Co. analyst Bret Jones said that because of the pending acquisition of Phase Forward Incorporated (NASDAQ: PFWD) by Oracle Corporation (NASDAQ: ORCL) , his firm was suspending coverage of the company until the deal closes. The acquisition is expected to be finalized before...
-
Omnicell Q1 Results May Be Largely Inline
Wednesday, April 21, 2010 - 2:39pm | 157Analyst Glenn Garmont of ThinkEquity Partners maintains his "buy" rating on Omnicell, Inc (NASDAQ: OMCL). OMCL is set to announce its Q1 results on April 26 after the market closes. According to ThinkEquity Partners, the company will report “revenue/non-GAAP EPS of $53M/$0.09, both roughly in line...
-
Battle Road Research Downgrades Phase Forward Incorporated (PFWD) To Sell Rating
Tuesday, April 20, 2010 - 1:17pm | 107Battle Road Research has downgraded Phase Forward Incorporated (NASDAQ: PFWD) from Buy to Sell rating following Friday’s announcement by Oracle Corporation (NASDAQ: ORCL) that it intends to acquire the company. Oracle will acquire Phase Forward for $685 million, or $17 per share in an all cash deal...
-
Merger Arbitrage Mondays – April 19, 2010
Monday, April 19, 2010 - 2:03am | 4840Merger and acquisition activity continues to heat up with 5 new mergers announced last week and two deals closing. The pace of merger activity over the last few weeks combined with an uptick in IPOs (5 new offerings were filed last week) and heavy insider selling have me very worried about this...
-
Oracle Corporation (ORCL) To Acquire Phase Forward Incorporated (PFWD) For $685 Million
Friday, April 16, 2010 - 4:12pm | 75The Wall Street Journal reports that Oracle Corporation (NASDAQ: ORCL) announced that it will acquire Phase Forward Incorporated (NASDAQ: PFWD) for $685 million in cash. The acquisition will enable Oracle to sell specialized software to pharmaceuticals and health-care companies. Shares of Oracle...
-
Benzinga’s Volume Movers (PFWD, MDSO, IART, INTC, GPRE)
Friday, April 16, 2010 - 2:23pm | 218Phase Forward Incorporated (NASDAQ: PFWD) shares gained 28.40% to $16.80. The volume of PFWD shares traded was 10278% higher than normal. The company has agreed to be acquired by Oracle (NASDAQ: ORCL). Medidata Solutions, Inc (NASDAQ: MDSO) shares climbed 5.76% to $ 16.17. The volume of MDSO shares...
-
Oracle To Buy Phase Forward (ORCL, PFWD, ANZ, BSX)
Friday, April 16, 2010 - 1:54pm | 155Software Company Oracle Corp. (NASADQ:ORCL) is planning to acquire Phase Forward (NASDAQ: PFWD). Phase Forward (PFWD) is a drug data management software company. The deal is expected to be worth $685 million. Oracle (ORCL) hopes to boost its health sciences business with this deal. According to...
-
Market Roundup (GOOG, AMD, UBS, HBC, ORCL, PFWD, GE)
Friday, April 16, 2010 - 1:48pm | 335Despite reports showing a rise in home construction and permits for future building, stock futures point to a lower opening. Investor sentiments are being weighed down by lower-than-expected earnings from Google (NASDAQ: GOOG) and Advanced Micro Devices (NYSE: AMD). S&P futures fell 0.47%....
-
Market Roundup (GOOG, AMD, UBS, HBC, ORCL, PFWD, GE)
Friday, April 16, 2010 - 9:07am | 334Despite reports showing a rise in home construction and permits for future building, stock futures point to a lower opening. Investor sentiments are being weighed down by lower-than-expected earnings from Google (NASDAQ: GOOG) and Advanced Micro Devices (NYSE: AMD). S&P futures fell 0.47%....
-
Benzinga’s Top Pre-Market Gainers (PFWD, IMGN, PALM, MAT, HOTT)
Friday, April 16, 2010 - 7:47am | 187Phase Forward Incorporated (NASDAQ: PFWD) jumped 28.90% to $16.86 in the pre-market session. Oracle (NASDAQ: ORCL) has agreed to pay $17 a share in cash to buy PFWD, reflecting a 30% premium. ImmunoGen, Inc (NASDAQ: IMGN) has risen 8.00% to $9.72 in pre-market trading. IMGN is involved in the...