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Benzinga’s Top Pre-Market Gainers (TWPG, DRAD, EMMS, PONE, TZOO)
Monday, April 26, 2010 - 9:36am | 170Thomas Weisel Partners Group, Inc (NASDAQ: TWPG) soared 66.51% to $7.26 in the pre-market session. TWPG has agreed to be acquired by rival Stifel Financial Corp (NYSE: SF) in a stock only deal amounting to roughly $300 million.. Digirad Corporation (NASDAQ: DRAD) added 39.32% to $2.87 in pre-market...
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Merger Arbitrage Mondays – April 26, 2010
Monday, April 26, 2010 - 2:35am | 4951The Merger and Acquisition front last week saw three new deals and two deals that closed. The three new deals include the acquisition of Qwest Communications International(Q) by CenturyTel (CTL) for $5.71 per share in an all stock deal that is expected to close more than a year later. Qwest...
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Benzinga’s Volume Movers (ACTG, IDXX, CPHD, CTEL, ISLN)
Friday, April 23, 2010 - 3:36pm | 241Acacia Research Corp (NASDAQ: ACTG) shares gained 25.97% to $14.55. The volume of ACTG shares traded was 2,074% higher than normal. ACTG has recently posted its Q1 results above the Wall Street expectations, owing to the jump in licensing agreements. IDEXX Laboratories, Inc (NASDAQ: IDXX) shares...
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Acacia Research (ACTG) Hits 52 Week High
Friday, April 23, 2010 - 12:34pm | 132Shares of Acacia Research Corporation (Nasdaq: ACTG) were trading at $14.59 Friday afternoon, 26% up from yesterday's closing price of $11.55. Acacia Research Corporation announced on Thursday after the market closed that it had produced earnings that far exceeded Wall Street estimates. Acacia...
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Benzinga’s Top Pre-Market Gainers (MBTF, ACTG, SYNA, SBCF, CPHD)
Friday, April 23, 2010 - 9:09am | 157MBT Financial Corp (NASDAQ: MBTF) soared 35.90% to $2.65 in the pre-market session. MBTF announced impressive first quarter profits. Acacia Research Corporation (NASDAQ: ACTG) added 18.61% to $13.70 in pre-market trading. ACTG’s Q1 results beats estimates. Synaptics Incorporated (NASDAQ: SYNA)...
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2 New Positions - WOOF and EXBD
Monday, April 19, 2010 - 9:32pm | 140Finally, I was able to add two new positions to the portfolio in EXBD and WOOF. It seems like it has been forever since I have added a legitimate long position to the portfolio. Both stocks that I bought today have similar charts, posing major breakouts above resistance with the opportunity to move...
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Company News for April 19, 2010 - Corporate Summary
Monday, April 19, 2010 - 5:47pm | 166• Citigroup (NYSE:C) posted better-than-expected first quarter profits of 14 cents ex-items, up from Zacks expectations of breakeven on revenues of $25.4 billion • Eli Lilly (NYSE:LLY) reported first quarter better-than-expected earnings of $1.13, beating Zacks projections of $1.11, on revenues of...
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Top Narrow Based Indexes For April 19 (ACUR, PRAN, CRN)
Monday, April 19, 2010 - 3:48pm | 242Even though the market seems to have recovered from the Goldman shock, the indexes are trading in a narrow range. While the Dow Jones Industrial Average added 55.80, or 0.50%, to 11,073.46, the Nasdaq composite index lost 7.02, or 0.29%. Some of the few narrow based indexes that managed to stay...
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Healthcare Services Group (HCSG) Falls 9 %
Tuesday, April 13, 2010 - 5:57pm | 88Shares of Healthcare Services Group, Inc. (Nasdaq: HCSG) were down 9% in after hours trading after the company released an earnings report that disappointed Wall Street. Healthcare Services Group reported 1st quarter net income of $7.4 million, or 17 cents per share, compared to net income $7.7...
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HCSG May Achieve 17% Revenue Growth In Q1
Tuesday, April 13, 2010 - 3:11pm | 130Analysts at Duncan-Williams maintain their "hold" rating on Healthcare Services Group (NASDAQ: HCSG). According to Duncan-Williams, the Q1 revenue estimate of $188 million for HCSG reflects 17% y/y growth, with 11% of the growth coming from organic growth and 6% coming from the CES acquisition. “...
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Dead Cat Bounces of the S&P 500
Saturday, April 10, 2010 - 9:32pm | 344Forget the Dogs of the Dow. How about the Dead Cat Bounces of the Standard & Poor's 500? A dead cat bounce takes place when a generally bad stock drops substantially and has a little bounce in price after the big drop. If you take a look at the stocks of the S&P 500 that have greatly...
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Stocks That Have Crossed 52-Week Highs (GOLF, HCSG, HBOS, HBNC, WYNN)
Thursday, April 8, 2010 - 3:13pm | 216Golfsmith International Holdings, Inc (NASDAQ: GOLF) crossed its earlier 52-week high of $4.25 and created a new 52-week high of $4.38. GOLF has reopened an interactive playground for Chicagoland golfers. Healthcare Services Group, Inc (NASDAQ: HCSG) moved to $23.17 on a total volume of 66,000...
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Gainers And Losers On April 6 (VIRL, WATG, ROG, HTZ, HURN, MEE, TNK)
Wednesday, April 7, 2010 - 6:47am | 287Some of the shares that made impressive moves in the US market yesterday are: Gainers China Information Security Technology Inc (NASDAQ: CPBY) soared 31.6% after it announced that it would be supplying to State Grid Corporation of China. Virage Logic Corp (NASDAQ: VIRL) climbed 14.4% after the...
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Benzinga’s Volume Movers (KMGB, OVTI, OSTK, ASPS, HURN)
Tuesday, April 6, 2010 - 2:31pm | 209KMG Chemicals, Inc (NASDAQ: KMGB) shares gained 5.50% to $20.54. The volume of KMGB shares traded was 455% higher than normal. KMGB has recently completed the acquisition of Electronic Chemicals Business. OmniVision Technologies, Inc (NASDAQ: OVTI) shares climbed 7.09% to $18.73. The volume of OVTI...
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Robert W Baird Ups HURN
Tuesday, April 6, 2010 - 9:13am | 49Analysts at Robert W Baird upgrade Huron (NASDAQ: HURN) from “neutral” to “outperform.” The price target for HURN has been raised from $27 to $30. Shares of HURN closed at $20.79 yesterday. More Analyst Ratings here.