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Jefferies Downgrades Qiagen To Hold
Thursday, December 16, 2010 - 9:06am | 102Jefferies is downgrading Qiagen (NASDAQ: QGEN) to Hold but reports that it is still a core holding. “The stock's 15% P/E premium rating to peers is still below its historical 20% average, but we think now fairly reflects current lingering concerns of a sustained sub-10% organic growth and HPV...
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PURE Bioscience Announces Ten Year $144 Million Contract
Thursday, December 16, 2010 - 8:20am | 50PURE Bioscience (NASDAQ: PURE) yesterday reported in its quarterly investor call that High Scope Trading LLC of Dubai has contractually committed to more than $144 million in orders over the next 10 years with an initial focus on sales of SDC-based IV-7 Water Treatment.
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PURE Bioscience Reports First Quarter EPS of $(0.06)
Wednesday, December 15, 2010 - 5:06pm | 92PURE Bioscience (NASDAQ: PURE) today reported product revenues for the fiscal first quarter ended October 31, 2010 of $23,100, down from product revenues of $221,900 in the same quarter of the prior fiscal year. The quarter's results include $355,000 in deferred revenue, recorded on the balance...
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Exelixis Soars 12.8% (EXEL)
Wednesday, December 15, 2010 - 3:37pm | 148Shares of Exelixis, Inc. (Nasdaq: EXEL) are currently up 12.8% at $8.14 per share during Wednesday afternoon trading. Today's trading range for shares of Exelixis, Inc has been between $7.12 and a 52-week high of $8.27 per share. The consensus price target of analysts covering the company's stock...
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Puts Purchased on Illumina, Inc. (ILMN)
Wednesday, December 15, 2010 - 11:37am | 140Shares of Illumina, Inc. (NASDAQ: ILMN) are higher on the session by 1.02%, currently trading at $66.17. The stock has been moving largely higher over the past four months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A...
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Zacks #1 Rank Additions for Wednesday - Tale of the Tape
Wednesday, December 15, 2010 - 9:33am | 342Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Administaff Inc (ASF) Bio-Rad Labs Inc (BIO) Brady Corp (BRC) Cabela's Inc (CAB) Cabot Microelectro Corp (CCMP) View the entire Zacks #1 Rank List. ADMINISTAFF INC (ASF): Free Stock Analysis Report BIO-RAD LABS -A (BIO):...
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Zacks #1 Rank Additions for Wednesday - Tale of the Tape
Wednesday, December 15, 2010 - 9:14am | 342Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Administaff Inc (ASF) Bio-Rad Labs Inc (BIO) Brady Corp (BRC) Cabela's Inc (CAB) Cabot Microelectro Corp (CCMP) View the entire Zacks #1 Rank List. ADMINISTAFF INC (ASF): Free Stock Analysis Report BIO-RAD LABS -A (BIO):...
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Thermo Fisher Scientific Appoints New Director
Tuesday, December 14, 2010 - 5:34pm | 47Thermo Fisher Scientific Inc. (NYSE: TMO) announced today that Nelson J. Chai has been elected to its board of directors, bringing the company's total number of directors to 11. Mr. Chai has also been appointed to the board's Audit Committee.
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Pressure BioSciences (PBIO) Enters New Market with New Products Offering - Analyst Blog
Tuesday, December 14, 2010 - 12:03pm | 923Grant Zeng, CFA On December 13, 2010, Pressure BioSciences, Inc. (PBIO) announced the availability of three novel products targeted primarily for the drug discovery and development market. The new products were released at the 50thAnnual Meeting of the American Society for Cell Biology (ASCB...
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Pressure BioSciences (PBIO) Enters New Market with New Products Offering - Analyst Blog
Tuesday, December 14, 2010 - 11:40am | 923Grant Zeng, CFA On December 13, 2010, Pressure BioSciences, Inc. (PBIO) announced the availability of three novel products targeted primarily for the drug discovery and development market. The new products were released at the 50thAnnual Meeting of the American Society for Cell Biology (ASCB...
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J.P. Morgan Reports Disappointing Guidance for Charles River Laboratories
Tuesday, December 14, 2010 - 11:35am | 111J.P. Morgan published its report today on Charles River Laboratories (NYSE: CRL) after CRL reported disappointing 2011 guidance. In a note to clients, J.P. Morgan writes, "guidance for flat y/y top-line growth off a lowered 2010 estimate of $1.115B-$1.125B is below both JPMe ($1.17B) and consensus...
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Stock Market News for Dec 14, 2010 - Market News
Tuesday, December 14, 2010 - 10:33am | 804On Monday, the markets closed mixed with Nasdaq ending its eight day winning streak while other major indices edged slightly higher. Expectations that the Senate would pass the tax-cuts package helped the markets gain modestly. The Dow Jones Industrial Average gained 0.2% to 11,428.56. The...
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Jefferies Raises Thermo Fisher Scientific PT From $63 To $64
Tuesday, December 14, 2010 - 10:27am | 29Jefferies is raising its PT on shares of Thermo Fisher Scientific (NYSE: TMO) from $63 to $64. Thermo Fisher Scientific closed Monday at $55.56.
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Stock Market News for Dec 14, 2010 - Market News
Tuesday, December 14, 2010 - 10:07am | 804On Monday, the markets closed mixed with Nasdaq ending its eight day winning streak while other major indices edged slightly higher. Expectations that the Senate would pass the tax-cuts package helped the markets gain modestly. The Dow Jones Industrial Average gained 0.2% to 11,428.56. The...
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A Peek Into The Market Before The Trading Starts
Tuesday, December 14, 2010 - 9:09am | 591Pre-open movers US stock futures are mixed this morning as investors are awaiting the key retail-sales data as well as the US Federal Open Market Committee's (FOMC) decision on monetary policy. Futures for the Dow Jones Industrial Average lost 3 points to 11,363, while the S&P 500 index futures...