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Final Trading Hours of 2010 12-31-2010
Friday, December 31, 2010 - 2:20pm | 751Cusick's Corner The key today is do no damage. It's been an incredible month and the market is very quiet, so try not to over analyze the data and headlines today. Also don't interpret any market pullbacks (most likely due to some tax selling) as the beginning of the end or the time to really...
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FDA's Drug Approval Down In 2010(AMGN, DNDN, WPI, GSK)
Friday, December 31, 2010 - 8:34am | 358The Food and Drug Administration approved about 21 drugs in 2010, a relatively modest figure that shows the pharmaceutical industry has not yet escaped its drought in recent years, according to The Wall Street Journal. The trend for 2010 regulators within the FDA stepped up their cynicism of safety...
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XOMA Shares Climb 8.6% (XOMA, NVG, MRK)
Thursday, December 30, 2010 - 2:23pm | 178Shares of XOMA Ltd. (Nasdaq: XOMA) are trading up 8.6% at $5.54 per share during the Thursday afternoon trading session. The day's range for shares of XOMA Ltd has been between $5.10 and $5.84 per share. The average price target of analysts who cover XOMA Ltd. (XOMA) is $8.18 per share. Volume of 8...
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Thursday's Put/Call Ratio Leaders (CTXS, NTAP, BCS, NVS, MDT)
Thursday, December 30, 2010 - 12:34pm | 89Here is a quick peek at stocks that have abnormally high daily put/call ratios today relative to their average…. 1. Citrix Systems (NASDAQ: CTXS) 3,024 puts, 94 calls 2. NetApp (NASDAQ: NTAP) 9,952 puts, 418 calls 3. Barclays Bank (NYSE: BCS) 3,689 puts, 167 calls 4. Novartis AG (NYSE: NVS) 5,593...
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3 Stocks For New Year's Diets (ARNA, VVUS, OREX)
Thursday, December 30, 2010 - 11:25am | 157Everybody has New Year's resolutions that they try to stick to, to try to make themselves better in the new year. The majority of resolutions are to quit smoking, make more money, be better to your friends, and one of the major resolutions is lose weight. A few stocks that could capitalize on the...
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Boost for Endo Pharma - Analyst Blog
Thursday, December 30, 2010 - 10:03am | 504Endo Pharmaceuticals' (ENDP) portfolio received a boost with the US Food and Drug Administration (FDA) clearing Fortesta Gel for treating men (above 18 years of age) with low levels of testosterone (low T or hypogonadism). The disease results from the failure of the body to produce normal amounts...
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Company News for December 30, 2010 - Corporate Summary
Thursday, December 30, 2010 - 10:03am | 694• BHP Billiton (NYSE:BHP) plans to offer a price of $90 per share for Anadarko (NYSE:APC) • Lockheed Martin (NYSE:LMT) was awarded a Navy contract yesterday to build 10 warships known as Littoral Combat Ships, between now and 2015 worth up to $3.6 billion • Susquehanna increased its target price...
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Company News for December 30, 2010 - Corporate Summary
Thursday, December 30, 2010 - 9:43am | 694• BHP Billiton (NYSE:BHP) plans to offer a price of $90 per share for Anadarko (NYSE:APC) • Lockheed Martin (NYSE:LMT) was awarded a Navy contract yesterday to build 10 warships known as Littoral Combat Ships, between now and 2015 worth up to $3.6 billion • Susquehanna increased its target price...
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Stock Market News for Dec 30, 2010 - Market News
Thursday, December 30, 2010 - 9:36am | 1016Even though the markets trimmed the intra-day rally during closing hours on Wednesday, the benchmarks still moved modestly upward to achieve new highs. After-effects of the snowstorm in the Northeast continued to keep investors away from the Street. In addition, the ongoing holiday season has...
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Boost for Endo Pharma - Analyst Blog
Thursday, December 30, 2010 - 9:30am | 504Endo Pharmaceuticals' (ENDP) portfolio received a boost with the US Food and Drug Administration (FDA) clearing Fortesta Gel for treating men (above 18 years of age) with low levels of testosterone (low T or hypogonadism). The disease results from the failure of the body to produce normal amounts...
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Stock Market News for Dec 30, 2010 - Market News
Thursday, December 30, 2010 - 9:07am | 1016Even though the markets trimmed the intra-day rally during closing hours on Wednesday, the benchmarks still moved modestly upward to achieve new highs. After-effects of the snowstorm in the Northeast continued to keep investors away from the Street. In addition, the ongoing holiday season has...
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Goldman Sachs Analyzes Fortesta Gel Approval (ENDP)
Thursday, December 30, 2010 - 8:24am | 208Endo Pharmaceuticals Holdings (NASDAQ: ENDP) announced the FDA approval of Fortesta Gel, the company's topical treatment for low testosterone, Goldman Sachs reports. The company expects to launch the product early in 2011. “Fortesta enters a large and growing market, but we maintain our sales...
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Endo Pharmaceuticals Up In Pre-Market On FDA Approval For Drug (ENDP)
Thursday, December 30, 2010 - 8:09am | 127Endo Pharmaceuticals (NASDAQ: ENDP) is higher in pre-market trading by 4.8% to $36.94 after the company received FDA approval for FORTESTA. FORTESTA is a gel for men used to treat low levels of testosterone. The FDA approved it after satisfying concerns that it would rub off on children and women...
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Piper Jaffray Neutral On Endo Pharmaceuticals (ENDP)
Thursday, December 30, 2010 - 7:23am | 155Piper Jaffray has a Neutral rating and a $39 price target on shares of Endo Pharmaceuticals (NASDAQ: ENDP). In a note sent to clients, Piper Jaffray writes, "Yesterday, Endo announced that the FDA approved Fortesta, a 2% gel formulation of testosterone for the treatment of male hypogonadism....
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US Stock Futures Slightly Up As Investors Await Employment And Manufacturing Data
Thursday, December 30, 2010 - 6:25am | 305US stock futures are slightly higher this morning, ahead of employment and manufacturing data. Futures for the Dow Jones Industrial Average gained 4 points to 11,536, while futures for the S&P 500 rose 0.5 point to 1,256.20. Futures for the Nasdaq 100 added 1.75 points to 2,230.25. US stock...