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TSL, YGE, WAT, LIFE, ILMN Initiated At Outperform
Friday, October 8, 2010 - 10:12am | 82RBC Capital Markets has initiated coverage for the following companies at Outperform: Trina Solar (NYSE: TSL) price target $38 Yingli Green Energy (NYSE: YGE) price target $17 Waters Corp. (NYSE: WAT) price target $81 Life Technologies (NASDAQ: LIFE) price target $54 Illumina (NASDAQ: ILMN) price...
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Cell Therapeutics Cut to Underperform - Analyst Blog
Thursday, October 7, 2010 - 11:36pm | 756We are downgrading Cell Therapeutics, Inc. (CTIC) to Underperform from Neutral with a price target of $0.25 primarily due to the uncertainty surrounding the US approval of its lead candidate, pixantrone. Pixantrone (proposed trade name: Pixuvri), is currently under development for the treatment...
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PPD Opens New Office in Beijing
Thursday, October 7, 2010 - 4:42pm | 116PPD, Inc. (Nasdaq: PPDI) today announced it has consolidated its clinical development operations in Beijing, China, in a new, larger office to support its growing client base in the country and throughout Asia Pacific. The new location enhances PPD's ability to deliver a full range of clinical...
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Bruker Completes Acquisition of Two Veeco Business for $229.4
Thursday, October 7, 2010 - 4:07pm | 51Bruker Corporation (NASDAQ: BRKR) today announced the closing of its acquisition of the Atomic Force Microscopy (AFM) and the Optical Industrial Metrology (OIM) instruments businesses from Veeco Instruments, Inc. (NASDAQ: VECO) for $229.4 million in cash.
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This is Not a Gold Coin Commercial 10-06-2010
Wednesday, October 6, 2010 - 3:05pm | 990Cusick's Corner The “Risk On” trade is on full throttle. This market has little room for skeptics but I want to keep an eye on the offensive sectors that have led this market higher: Finance (XLF), Industrials (XLI), Tech (XLK or QQQQ) and Consumers (XLY). I first want to see the continued out...
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Jefferies Initiates Caliper Life Sciences At Buy (CALP)
Wednesday, October 6, 2010 - 11:22am | 115Jefferies analysts have initiated Caliper Life Sciences (NASDAQ: CALP) with a Buy rating and a $6.00 price target. During today's trading session, the shares have gained 1.87% to $4.08. The analysts believe that CALP can achieve sustained above-average organic revenue growth and improved...
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Coal industry a catalyst for Botswana's subpar infrastructure, energy dependence and one note economy
Wednesday, October 6, 2010 - 9:42am | 1603From this month's Business Diary Botswana: Back in late July Bloomberg noted that Botswana, the world's biggest diamond producer by value and volume, was set to produce 24 million carats of gems in 2010, 36 percent more than last year, as demand recovered following the global recession. Some...
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Jefferies Initiates Coverage On SIRO, XRAY, CALP, DENX, DHR, PKI
Wednesday, October 6, 2010 - 9:23am | 91Jefferies & Co. has initiated coverage for the following companies: Sirona Dental Systems (NASDAQ: SIRO) Hold Dentsply (NASDAQ: XRAY) Buy, $40 price target Caliper Life Sciences (NASDAQ: CALP) Buy, $6 price target Dionex (NASDAQ: DNEX) Hold Danaher (NYSE: DHR) Buy, $52 price target PerkinElmer...
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ICON Downgraded to Neutral
Tuesday, October 5, 2010 - 9:46am | 33Robert W. Baird has downgraded ICON plc (NASDAQ: ICLR) from Outperform to Neutral and has lowered the price target from $31 to $24. ICON closed yesterday at $21.55.
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Benzinga's Top Pre-Market NASDAQ Losers (CRNT, CAGC, MRVL, AFFX)
Tuesday, October 5, 2010 - 8:59am | 140Ceragon Networks Ltd (NASDAQ: CRNT) dipped 2.55% to $9.54 in the pre-market session. CRNT announced that Globacom Nigeria (Glo) will deploy Ceragon's innovativeFibeAir IP-10 solution for backhauling voice and data services. China Agritech Inc (NASDAQ: CAGC) lost 1.19% to $12.50 in the pre-market...
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Monday's Put/Call Ratio Leaders (EXEL, DIN, CAVM, NSM, CX)
Monday, October 4, 2010 - 12:23pm | 131Here is a quick peek at stocks that have abnormally high daily put/call ratios today relative to their average…. 1. Exelixis Inc. (NASDAQ: EXEL) 3,010 puts, 25 calls 2. DineEquity Inc. (NYSE: DIN) 4,089 puts, 38 calls 3. Cavium Networks (NASDAQ: CAVM) 6,684 puts, 65 calls 4. National Semiconductor...
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VirtualScopics Revenues Increase over 25%
Friday, October 1, 2010 - 9:41am | 59VirtualScopics, Inc. (Nasdaq: VSCP) today announced revenues for the third quarter ended September 30, 2010 exceeded $3.5 million, representing a greater than 25% increase over the comparable period in 2009 and a greater than 9% growth over the preceding quarter ended June 30, 2010. Year-to-date...
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Encorium Group, Inc. Extends Expiration of Its Rights Offering
Friday, October 1, 2010 - 9:18am | 155Encorium Group, Inc. (Nasdaq: ENCO) today announced that it has extended the expiration date for its pending rights offering from September 30, 2010 to October 15, 2010. The subscription rights may now be exercised at any time prior to 5:00 p.m. ET on Friday, October 15, 2010. As of September 30,...
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PPD Opens a New Office in Russia
Thursday, September 30, 2010 - 4:55pm | 103PPD, Inc. (Nasdaq: PPDI) today announced it has opened an office in Novosibirsk, Russia, building on the growth of its Phase II-IV clinical development services in Eastern Europe. PPD will provide clinical monitoring services in key therapeutic areas from this location. The new office strengthens...
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Arrowhead CEO Provides Update on Company Strategy
Wednesday, September 29, 2010 - 7:27am | 702Arrowhead Research Corporation's (NASDAQ: ARWR) President and Chief Executive Officer today issued the following open letter to the Company's shareholders: Highlights: Let us start with an overview of some of Arrowhead's accomplishments in the first half of the year that helped propel our stock to...