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Leerink Downgrades MIL To Market Perform
Friday, February 26, 2010 - 10:22am | 38Analysts at Leerink downgrade Millipore (NYSE: MIL) from "outperform" to "market perform." MIL’s shares closed at $94.05 yesterday. More Analyst Ratings here
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Millipore Corporation (MIL) Looks For A Buyer
Wednesday, February 24, 2010 - 7:13pm | 128Millipore Corporation (NYSE: MIL), the supplier of drug-development equipment, is on a look out for a buyer after it received a $6 billion takeover offer from Thermo Fisher Scientific, Inc. (NYSE: TMO). The company has apparently approached even General Electric Company (NYSE: GE) in its efforts...
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Tuesday's Hot Stocks: Ride the Rovi Rave
Wednesday, February 24, 2010 - 11:01am | 1790With the U.S. markets selling off sharply Tuesday, there were 10 stocks fighting the trend and on higher than usual volume. If this is your first time reading one of my breakout reports you'll want to read the section below, however if you are familiar with my daily breakout report you should...
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Millipore (NYSE:MIL) Lowered to Hold From Buy by S&P
Tuesday, February 23, 2010 - 2:27pm | 138S&P (ER) – equity research lowered its opinion on shares of Millipore, (NYSE: MIL) to hold from buy, as disclosed in this morning’s Morning Briefing, after the stock spiked on speculation that (NYSE: TMO) Thermo Fisher Scientific would take it over. Both stocks are trading up today. 'S&P (...
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Company News for February 23, 2010 - Corporate Summary
Tuesday, February 23, 2010 - 10:12am | 285• Home Depot (NYSE:HD) announced its first dividend increase since 2006 after reporting better-than-expected earnings of 24 cents a share, versus Zacks consensus of 16 cents a share, on revenues of $14.57 billion, ahead of Zacks estimates of $14.05 billion. The company said it sees 2010 earnings...
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Millipore (MIL) Jumps On Thermo Fisher Scientific’s Takeover Offer
Tuesday, February 23, 2010 - 9:52am | 207Bloomberg News have quoted a person close to the situation as saying that the world’s largest maker of lab instruments Thermo Fisher Scientific Inc (NYSE: TMO) is reported to have offered roughly $6 billion for Millipore Corp (NYSE: MIL). The takeover bid is aimed at expanding TMO’s biotechnology...
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Monday's Hot Stocks: Brush Up your Portfolio with Sirona Dental
Tuesday, February 23, 2010 - 9:52am | 1837With the major indices trading lower across the board Monday, there were quite a few stocks which traded higher with above average volume. If this is your first time reading one of my breakout reports you'll want to read the section below, however if you are familiar with my daily breakout report...
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Top 5 Stocks For February 23, 2010 (BKS, PZZA, MIL, TMO, M)
Tuesday, February 23, 2010 - 7:21am | 271Despite the takeover news jolting the markets, trading remained lackluster throughout the day. Trading remained in a tight range until selling pressure pushed the stocks in the negative, as concerns over the upcoming statement by Ben Bernanke counteracted the bullish news. While the DJIA tumbled 18...
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J&J Returns Drug Rights - Analyst Blog
Monday, February 22, 2010 - 4:39pm | 341In a major setback for Johnson & Johnson (JNJ), the company has decided to return global rights of ceftobiprole to its Swiss partner, Basilea Pharmaceuticals. The decision was taken following rejection of the marketing application for the drug in Europe. The European Committee for Medicinal...
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Pipeline Setback for Glaxo - Analyst Blog
Friday, February 19, 2010 - 1:33pm | 452GlaxoSmithKline (GSK) recently received a pipeline setback when the US Food and Drug Administration (FDA) issued a Complete Response letter (CRL) regarding the company’s New Drug Application (NDA) for Horizant (gabapentin enacarbil) for the treatment of moderate-to-severe primary Restless Legs...
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Benzinga’s Top Pre-Market Losers (GSIC, PRAA, SQNM, OC, CTXS)
Wednesday, February 17, 2010 - 9:46am | 287GSI Commerce, Inc. (NASDAQ: GSIC) decreased 3.23% to $24.55 in the pre-market session. GSI Commerce announced yesterday that QK Holdings Inc., a subsidiary of QVC Inc., which is a subsidiary of Liberty Media Corporation attributed to its Interactive Group (Nasdaq: LINTA), has agreed to sell 9,248,...
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Sequenom Inc. (SQNM) Shares Move Through 5$ Level
Tuesday, February 16, 2010 - 4:25pm | 103Shares of Sequenom Inc. (NASDAQ: SQNM) surged in mid day trading as options traders snapped up the March 6 calls in what looks to be bullish upside speculation. The shares are now trading above the 5$ level traders have been watching. Earlier this morning Sequenom (SQNM) released data on it's...
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Theravance Misses Estimates - Analyst Blog
Friday, February 12, 2010 - 4:55pm | 459During the fourth quarter of 2009, Theravance’s (THRX) loss per share came in at 35 cents, missing the Zacks Consensus Estimate by two cents and worse than the loss of 26 cents reported in the year-ago period. Revenues were $3.8 million during the quarter compared with $5.9 million in the fourth...
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Charles River Laboratories’ (CRL) Estimates Lowered
Thursday, February 11, 2010 - 11:20am | 132Cowen and Company (NASDAQ: COWN) has released an update on Charles River Laboratories (NYSE: CRL). The company reported PCS sales of $131 million in the fourth-quarter, a year-over-year decline of 21%, and $5 million below Cowen’s estimate. According to the management at Charles River...
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AMRI Meets Q4 Expectations, Visibility Remains Limited
Tuesday, February 9, 2010 - 3:05pm | 136Analysts at Jefferies & Co maintain their "hold" rating on Albany Molecular Research (NASDAQ: AMRI), while reducing their estimates for the company. The target price for AMRI is set to $8. Molecular Research reported its Q4 results marginally ahead of the estimates. AMRI's revenue guidance for...