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Roche and PerkinElmer Enter into New Agreement for Distribution of NimbleGen CGX Cytogenetics
Thursday, August 18, 2011 - 8:05am | 147Roche and PerkinElmer (NYSE: PKI) today announced a new supply agreement for distribution of the NimbleGen CGX microarray workflow, for use in constitutional disease research. Under this agreement, effective January 2012, PerkinElmer will assume responsibility from Roche for sales, service, and...
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Stifel Nicolaus Initiates Exelixis at Hold
Wednesday, August 17, 2011 - 9:38am | 119Stifel Nicolaus is out with its report today on Exelixis (NASDAQ: EXEL), initiating EXEL at Hold. In its report, Stifel Nicolaus writes, "We are initiating coverage of Exelixis, Inc. with a Hold rating and $8 current fair value. In our opinion, cabozantinib, Exelixis' lead product, is an active...
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A Peek Into The Market Before The Trading Starts
Tuesday, August 16, 2011 - 7:30am | 383Pre-open movers US stock futures are lower this morning, as investors are awaiting economic data. Futures for the Dow Jones Industrial Average dipped 107 points to 11,296.00 and S&P 500 index futures fell 16.20 points to 1,182.20. Nasdaq 100 futures dropped 27.75 points to 2,178.75. A Peek...
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QIAGEN and Pfizer Partner to Develop Companion Diagnostic for Novel Compound in Global Clinical Trials for Lung Cancer
Tuesday, August 16, 2011 - 6:53am | 111QIAGEN (NASDAQ: QGEN) today announced it has entered into a partnership with Pfizer Inc. (NYSE: PFE) for the development of a companion molecular diagnostic test for use with an investigational Pfizer compound in global clinical development for treatment of non-small cell lung cancer. Financial...
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After-Hours Gainers
Monday, August 15, 2011 - 4:54pm | 115Fabrinet (NYSE: FN) gained over 10% in after-hours trading after reporting positive Q4 earnings. Minco Gold Corp (NYSE: MGH) gained over 6% in after-hours trading. Pharmaceutical Product Development (NASDAQ: PPDI) raised over 5% during after-hours trading after buyout talks with the Carlyle Group...
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Calls Purchased on Bruker
Monday, August 15, 2011 - 10:32am | 132Shares of Bruker (NASDAQ: BRKR) are higher on the session by 2.15%, currently trading at $14.72. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are buying calls on the name today. A short while ago the...
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Auriga Upgrades Waters Corporation To Buy
Monday, August 15, 2011 - 6:37am | 24Auriga has upgraded Waters Corporation (NYSE: WAT) from Neutral to Buy and reiterates its $103 price target.
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Sequenom Announces European Licensing Agreement With LifeCodexx
Thursday, August 11, 2011 - 7:01am | 79Sequenom, Inc. (NASDAQ: SQNM) today announced it has partnered with LifeCodexx AG, a company focused on the development of clinically validated Next Generation Molecular Diagnostics, for the commercialization of prenatal laboratory testing services in Europe. The companies have agreed to...
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Rodman & Renshaw Reiterates Market Underperform and PT of $13 on Medivation
Thursday, August 11, 2011 - 2:57am | 47Rodman & Renshaw reiterated its Market Underperform on Medivation (NASDAQ: MDVN). At the same time, the rating agency left its price target on the company's stock unchanged at $13. On Wednesday, MDVN lost 11.37% of its value to end the day at $15.36.
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Market Winners
Wednesday, August 10, 2011 - 3:35pm | 238Cree (NASDAQ: CREE) is trading up over 19% after reporting earnings and some analysts upgrades. Pegasystems (NASDAQ: PEGA) is trading up over 17.60% after reporting Q2 earnings. Walter Investment Management (NYSE: WAC) is trading up over 12.50% after reporting Q2 earnings. Golden Star Resources (...
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Biotech/Pharma Stocks Trading News Alert: Aethlon Medical, OXiGENE, Adventrix, Chelsea Therapeutics, Exelixis
Wednesday, August 10, 2011 - 12:39pm | 1510Point Roberts, WA - August 10, 2011- Investorideas.com, an investor research portal specializing in sector research including biotech and pharma stocks, issues a trading alert for biotech and pharma stocks trading August 9th. Yesterday's trading session saw gains for investors in a very volatile...
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Covance to Acquire TRAC Microbiology
Wednesday, August 10, 2011 - 11:31am | 200Covance (NYSE: CVD) today announced it has entered into a definitive agreement to acquire TRAC Microbiology, a Madison, Wisconsin-based food microbiology and chemistry laboratory. TRAC provides testing, research, auditing, and consulting services to clients ranging from small family businesses to...
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Tuesday's Top Gainers on NASDAQ: FairPoint, MAKO Surgical, Luminex, Syntroleum
Wednesday, August 10, 2011 - 11:16am | 542POINT ROBERTS - August 10, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Aug. 08, 2011. FairPoint Communications was the notable winner in yesterday's sessions with the stock gaining 44.32%. FairPoint...
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UPDATE: Jefferies Upgrades PAREXEL Int'l to Hold
Wednesday, August 10, 2011 - 8:33am | 98Jefferies is out with its report today on PARAXEL Int'l (NASDAQ: PRXL), upgrading PRXL to Hold from Underperform. In its report, Jefferies writes, "PRXL's very high bookings appear to yield enough revenue to offset increased operating costs with a little to spare (in the guidance). PRXL has fallen...
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Jefferies Upgrades PAREXEL To Hold
Wednesday, August 10, 2011 - 5:56am | 19Jefferies & Company has upgraded PAREXEL (NASDAQ: PRXL) from Underperform to Hold.