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5-27-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Thursday, May 27, 2010 - 11:32am | 2448Stocks surged in early trading Thursday after China reassured investors it doesn’t plan to sell any of the European debt it holds. Stocks surged Thursday after China reassured investors it doesn’t plan to sell any of the European debt it holds. The Dow Jones industrial average rose about 150 points...
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Stocks That Crossed 52-Week Lows (ACUR, AMCN, AKNS, AMRI)
Tuesday, May 25, 2010 - 2:15pm | 183Acura Pharmaceuticals Inc (NASDAQ: ACUR) crossed its earlier 52-week low of $3.36 and created a new 52-week low of $3.30, down 6.25% at 1:41 pm. ACUR is a specialty pharmaceutical company and is based in Palatine, Illinois. AirMedia Group Inc (NASDAQ: AMCN) was another stock that made a new 52-week...
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Stephens Upgrades LMNX To Overweight
Monday, May 24, 2010 - 6:23am | 50Analysts at Stephens Inc upgrade Luminex (NASDAQ: LMNX) from "equal weight" to "overweight." The target price for LMNX has been raised from $18 to $22. LMNX dipped 1.56% to close at $16.45 on Friday. More Analyst Ratings here
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VeriSign Sells Business Unit - Analyst Blog
Friday, May 21, 2010 - 3:27pm | 401VeriSign Inc. (VRSN) recently announced that it would sell its Authentication Services business to Symantec Corp. (SYMC) for approximately $1.28 billion in cash. The Authentication Services business includes Secure Sockets Layer (SSL) encryption certification services, the managed Public Key...
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Benzinga’s Top Pre-Market Gainers (ARCC, EXEL, SQQQ, VRGY, CETV)
Friday, May 21, 2010 - 9:00am | 159Ares Capital Corp (NASDAQ: ARCC) soared 7.31% to $13.80 in the pre-market session. JMP Securities initiated coverage of ARCC with a “market outperform” rating. Exelixis Inc (NASDAQ: EXEL) added 5.36% to $5.50 in pre-market trading. EXEL announced interim data from an ongoing Phase 1b/2 study of...
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Benzinga’s Top Pre-Market Gainers (GERN, MSPD, ENG, QGEN, ASML)
Wednesday, May 19, 2010 - 10:00am | 209Geron Corp (NASDAQ: GERN) soared 4.80% to $5.68 in the pre-market session. GERN announced positive data on TAT153, its orally available small molecule telomerase activator in an animal model of idiopathic pulmonary fibrosis (IPF). Mindspeed Technologies Inc (NASDAQ: MSPD) added 2.36% to $9.10 in...
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Target Date for Cadence Drug - Analyst Blog
Tuesday, May 18, 2010 - 6:08pm | 491Cadence Pharmaceuticals Inc. (CADX) announced recently that the US Food and Drug Administration (FDA) will decide on its intravenous painkiller Ofirmev (acetaminophen) by November 4, 2010 (target date). In February 2010, the US agency issued a complete response letter (CRL) to the company in...
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Agilent To Remain Strong (A)
Tuesday, May 18, 2010 - 1:38pm | 133Agilent Technologies (NYSE: A) announced its 2Q10 EPS at 43 cents, beating consensus estimates of 41 cents. Consequently, Jefferies & Company has raised its FY10 EPS forecast to $1.80 from $1.68. The upgrade has been done to reflect the upside and VARI-related contribution. Agilent has...
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Call Action Heats Up as Sequenom Rises (SQNM)
Monday, May 17, 2010 - 1:57pm | 92Shares of Sequenom Inc. (NASDAQ: SQNM) are shooting higher today by nearly 12%, currently trading $6.19. There does not appear to be any notable news on the stock at the present time. Call action is heating up with the May $6 & $7 calls each traded over 3,000 times; the June $6 & $7 have...
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US Board Of Patent Appeals Denies Siemens Rehearing On Enzo Patent
Monday, May 17, 2010 - 11:10am | 246Enzo Biochem (NYSE: ENZ) today reported that the Board of Patent Appeals and Interferences of the United States Patent and Trademark Office has issued a Decision denying a Request for Rehearing filed by Siemens Healthcare Diagnostics (NYSE: SI) in a patent interference proceeding relating to Enzo...
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Illumina Sees Bullish Options Trade
Friday, May 14, 2010 - 11:03am | 73Ilumina (Nasdaq: ILMN), the maker of integrated systems for the analysis of genetic variation and biological function, is seeing some bullish options trade today with the sale of about 2,500 May 40 puts against open interest of just 295 contracts. The $40 range appears to have become support for...
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WX Downgraded To Neutral At Goldman
Friday, May 14, 2010 - 6:53am | 39Analysts at Goldman Sachs downgrade WuXi PharmaTech (NYSE: WX) from "buy" to "neutral." WX dipped 0.48% to close at $18.81 yesterday. More Analyst Ratings here
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Piper Jaffray Upgrades EXEL To Overweight
Wednesday, May 12, 2010 - 6:46am | 46Analysts at Piper Jaffray upgrade Exelixis (NASDAQ: EXEL) from "neutral" to "overweight." The target price for EXEL is set to $7. EXEL gained 0.19% to close at $5.33 yesterday. More Analyst Ratings here
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Benzinga's After Hours Gainers (NKTR, KBH, CAB)
Tuesday, May 11, 2010 - 6:44pm | 236It was another volatile trading session on Wall Street today, with stocks opening lower then rallying into the afternoon before selling off into the close. The Dow Jones Industrial Average and S&P 500 both finished in negative territory. The Dow closed 36.88 points lower at 10,748. The Nasdaq...
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Mid Market Movers (ZANE, RGDX, AEY, AGEN)
Tuesday, May 11, 2010 - 3:14pm | 166Zanett Inc (NASDAQ: ZANE) jumped 36.52% after it said that it has won $17.1 million in new business during the first three months of 2010. ZANE offers customized information technology solutions in the US. Response Genetics (NASDAQ: RGDX) shares soared 31.63% after the company said it has signed a...