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AMAG Pharmaceuticals and Allos Therapeutics Agree to Merge to Strengthen
Wednesday, July 20, 2011 - 7:04am | 88AMAG Pharmaceuticals, Inc. (NASDAQ: AMAG) and Allos Therapeutics, Inc. (NASDAQ: ALTH) today announced that they have entered into a definitive merger agreement under which the companies will combine in an all-stock merger with a total equity value of approximately $686 million. The transaction is...
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AMAG Pharmaceuticals and Allos Therapeutics Agree to Merge
Wednesday, July 20, 2011 - 7:03am | 88AMAG Pharmaceuticals, Inc. (NASDAQ: AMAG) and Allos Therapeutics, Inc. (NASDAQ: ALTH) today announced that they have entered into a definitive merger agreement under which the companies will combine in an all-stock merger with a total equity value of approximately $686 million. The transaction is...
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Luminex Corporation Receives FDA Clearance for New, Front Line Respiratory Viral Panel Test
Tuesday, July 19, 2011 - 4:07pm | 59Luminex Corporation (Nasdaq: LMNX) announced today that it has received 510(k) clearance from the U.S. Food and Drug Administration for its xTAG Respiratory Viral Panel FAST. This front line test has the potential to significantly change the way respiratory viral testing is performed and...
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General Electric Earnings Preview: Revenue, Earnings Expected to Fall from Previous Quarter
Tuesday, July 19, 2011 - 12:08pm | 608It's time to gear up for General Electric Company (NYSE: GE) earnings! Keep your head in the game: The company releases its next round of earnings this Friday, July 22, 2011. Want to get caught up before Friday's earnings release? We've got just what you need. Here is your everything-that-matters...
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Who Wants to Buy Some Drugs?
Tuesday, July 19, 2011 - 11:09am | 427If you're looking for an opportunity in the drug world, Pharmaceutical Product Development (NASDAQ: PPDI) is reportedly considering a sale. The news is not official, and comes from unnamed sources to the Wall Street Journal. It is unknown if these sources are within the company, within a potential...
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General Electric Earnings Preview: Revenue, Earnings Expected to Fall from Previous Quarter
Tuesday, July 19, 2011 - 11:06am | 605It's time to gear up for General Electric Company (NYSE: GE) earnings! Keep your head in the game: The company releases its next round of earnings this Friday, July 22, 2011. Want to get caught up before Friday's earnings release? We've got just what you need. Here is your everything-that-matters...
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Top 4 Mid-Cap Stocks In The Medical Laboratories & Research Industry With The Highest ROE
Tuesday, July 19, 2011 - 2:45am | 144Below are the top mid-cap medical laboratories & research stocks on the NYSE and the NASDAQ in terms of return on equity. The trailing-twelve-month return on equity at Laboratory Corp of America Holdings (NYSE: LH) is 24.61%. LH's PEG ratio is 1.24. The trailing-twelve-month return on equity...
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Support Held 07-18-2011
Monday, July 18, 2011 - 5:58pm | 1009Cusick's Corner Support held, 1295 on the S&Ps, and we finished the day above 1300 which is the psychological support, bringing this index, followed by the other majors, above the mid-term support of their 50-day moving averages. Tomorrow the market will focus on the Housing Starts and Permits...
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Magellan Biosciences Sells TREK Microbiology Business to Thermo Fisher Scientific
Monday, July 18, 2011 - 5:01pm | 147Magellan Biosciences, a global manufacturer of products designed to make diagnostic testing easier, more cost-effective, and less labor intensive, announced that it has sold its microbiology business, TREK Diagnostic Systems, to Thermo Fisher Scientific (NYSE: TMO). The sale will enable Magellan to...
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NASDAQ Morning Top Percentage Gainers July 18th: Ener1, Coffee Holding, Sino Clean Energy, Pharmaceutical Product Development
Monday, July 18, 2011 - 4:49pm | 526POINT ROBERTS, July 18, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ in morning trading for July 18, 2011.Ener1, Inc., Inc topped the gainer list, rising about 20.34% at the time of this report. Ener1,...
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PPD Comments on Recent Stock Market Developments; BoD Has Asked Management To Review Strategic Plan And Capital Structure
Monday, July 18, 2011 - 2:59pm | 168Following recent stock market developments, PPD, Inc. (Nasdaq: PPDI) today announced that its board of directors has asked management to review PPD's strategic plan and capital structure with a focus on unlocking value for shareholders. “While the company generally has a policy of not commenting...
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Laboratory Corporation of America Holdings Earnings Preview: Analyts Expect Higher Earnings, Revenue from Prior Quarter
Monday, July 18, 2011 - 2:55pm | 561It's time to get ready for Laboratory Corporation of America Holdings (NYSE: LH) earnings! Don't be caught off-guard: The company releases its next round of earnings this Thursday, July 21, 2011. Need to cram before Thursday's earnings release? We've got just the thing. Here's an advanced look at...
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Puts Purchased on Thermo Fisher Scientific
Monday, July 18, 2011 - 11:39am | 116Shares of Thermo Fisher Scientific (NYSE: TMO) are lower on the session by 1.77%, currently trading at $62.10. The stock has been moving largely higher over the past four months and is currently trading above the 200-day moving average. Options traders are buying puts on the name today. A short...
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Top Narrow Based Indexes For July 18
Monday, July 18, 2011 - 10:42am | 192By 10:40 am, the Dow Jones Industrial Average was down 137.48 points, or 1.10%, to 12,342.25, while the broader Standard & Poor's 500 index had dropped 13.14 points, or 1.00%. The NASDAQ composite index fell 30.49 points, or 1.09%. Some of the narrow based indexes that are still afloat in the...
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Benzinga's Volume Movers
Monday, July 18, 2011 - 10:33am | 158Pharmaceutical Product Development Inc (NASDAQ: PPDI) shares surged 16.04% to $32.33 at 10:32 am. The volume of PPDI shares traded was 568% higher than normal. According to The Wall Street Journal, PPDI is exploring a sale. Check Point Software Technologies Ltd (NASDAQ: CHKP) shares moved up 2.58...