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Microvision (MVIS) to Sell Shares to Investor at $3 each
Monday, November 30, 2009 - 8:01am | 149Wearable display maker Microvision Inc. (NASDAQ: MVIS) said it would sell 3.3m shares to an existing institutional investor for $3 apiece The company expects to net $9.3m from the offering. It intends to use the proceeds from the offering for general corporate purposes and capital expenditures....
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These Clean Energy ETFs Look A Little Dirty (ICLN, PBW)
Sunday, November 29, 2009 - 2:40am | 287The prospect of getting more energy from so-called clean sources rather than from fossil fuels has provided much political fodder over the years. While the green movement has picked up steam, clean energy has proven to be a tricky investment thesis. Take these two clean energy ETFs for example. The...
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Benzinga’s Top Pre- Market Gainers (TIF, RFMD, AIXG, INCY, SOLF, QGEN, CYTX, SVA)
Wednesday, November 25, 2009 - 9:40am | 359Tiffany & Co. (NYSE: TIF) rose 6.26% to $44.45 in the pre-market session after TIF announced that for the fourth quarter, it expects sales to increase and also provided outlook for fiscal 2009. For financial year 2009, TIF expects EPS to be in between $1.88 - $1.98 while analysts are expecting...
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Benzinga’s Top Pre- Market Gainers (TRBN, LGND, DYAX, VRGY, HIBB, NLST)
Friday, November 20, 2009 - 10:30am | 212Trubion Pharmaceuticals, Inc. (NASDAQ: TRBN) jumped 16.34% to $4.70 in the pre-market session. The 52 week trading range for TRBN is $1.00 - $6.75. So far in 2009, TRBN gained over 218%. Ligand Pharmaceuticals Inc. (NASDAQ: LGND) moved up 14.29% to $2.40 after Ligand Pharmaceuticals announced new...
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After Hours Gainers (HIBB, VRGY, DBRN, NVLS, MNKD)
Thursday, November 19, 2009 - 6:46pm | 234Hibbett Sports, Inc. (NASDAQ: HIBB) rose 8% to $20.50 after announced that its Board of Directors has authorized a new Stock Repurchase Program (Program) of $250.0 million expiring on February 2, 2013. Verigy Ltd. (NASDAQ: VRGY) surged 11% to $10.00 after it reported a fourth-quarter net loss of $...
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Gartner (IT) Cites Higher PC Sales For Buoyant Forecast Of Chip Sales
Thursday, November 19, 2009 - 10:42am | 190Gartner, Inc. (NYSE: IT) has increased the projections for chip sales on the back of much higher PC sales. This has also been greatly boosted by the government stimulus program that has increased PC sales. Companies like Advanced Micro Devices, Inc. (NYSE: AMD), Intel Corporation (NASDAQ: INTC...
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Benzinga’s Biggest Losers (BZ, ADSK, ILMN, CRM, NANO, ONCY)
Wednesday, November 18, 2009 - 11:51am | 325Boise Inc. (NYSE: BZ) fell 5% to $4.85 huge volume of 8.37 million shares after Boise Inc. announced that the previously announced secondary offering of 17 million shares of its common stock has been priced at $4.85 per share. Pursuant to the offering, all of the shares will be sold by the selling...
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Benzinga’s Top Pre- Market Gainers (VVUS, PARD, CSUN, SOLF, NLST, ASMI, CAKE)
Wednesday, November 18, 2009 - 10:08am | 228VIVUS, Inc. (NASDAQ: VVUS) soared 12% to $9.63 after it announced positive results from REVIVE (TA-301), a phase 3 pivotal study evaluating the safety and efficacy of avanafil, an investigational drug candidate for the treatment of erectile dysfunction (ED), in 646 patients. Poniard Pharmaceuticals...
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Volume Talks: Hot Stocks on Heavy Volume & Detailed Buy Write Option Trade
Wednesday, November 18, 2009 - 10:01am | 1787Here is a list of stocks which traded higher Tuesday November 17, 2009 on unusually higher volume. As always, I will keep an eye on these stocks Wednesday to see if there is continued buying pushing the stocks higher. This method is just one of the ways I use to pick stocks to structure...
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Applied Material Inc. (AMAT) to acquire Semitools Inc. (SMTL)
Tuesday, November 17, 2009 - 2:14pm | 87Applied Materials Inc. (NASDAQ: AMAT) plans to acquire Semitool Inc. (NASDAQ: SMTL) for $364 million in cash by the end of the year, bolstering Applied Material Inc. (AMAT) advanced-packaging and copper-conversion efforts. The $11 a share offer is a 31% premium over the Monday's closing. In light...
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New 52-Week High Stocks (AGO, SMTL, WGA, SALM)
Tuesday, November 17, 2009 - 11:59am | 210Assured Guaranty Ltd. (NYSE: AGO) hits a new 52-week high at $28.14 in today’s morning trade. Currently AGO is trading at $25.09, up 18% after J.P. Morgan increased its price target to $42 from $28 on Assured Guaranty (NYSE: AGO) after AGO reported its quarterly earnings yesterday. Semitool, Inc...
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Benzinga’s Top Pre- Market Gainers (EJ, ZOOM, SMTL, APWR, BPHX, NGSX, SINA, QCOR)
Tuesday, November 17, 2009 - 10:15am | 326E-House (China) Holdings Limited (NYSE: EJ) rose 5.29% to $21.50 after EJ reported net income for the third quarter of $34.91 million against $10.9 million same quarter last year. On an average, analysts expected EJ to earn $0.31 per share on revenues of $78.98 million. Zoom Technologies, Inc. (...
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Applied Materials Inc. Buys Semitool Inc. For $11 Per Share
Tuesday, November 17, 2009 - 8:52am | 50Applied Materials Inc. (Nasdaq: AMAT) is buying Semitool Inc. (Nasdaq: SMTL) for $11 a share in an all-cash tender offer. Applied Materials said the total purchase price is about $364 million. Semitool supplies electrochemical plating and wafer surface-preparation equipment, the company said.
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Semiconductor-Equipment Sector Showing Signs Of Improvement, Says Barron's
Monday, November 16, 2009 - 2:09pm | 99Eric Savitz of Barron's sees signs of improvement in the semiconductor equipment sector. After the drastic dip last year, when the sector simply stopped growing, and there were massive layoffs and decimation of revenue, this is going to be welcome news to investors. Take the example of Applied...
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Applied Material Inc. (AMAT) is close to decisive technical level
Thursday, November 12, 2009 - 12:28pm | 103Shares of Applied Materials Inc. (NASDAQ: AMAT) fell on Thursday, a day after the chip equipment maker posted a drop in quarterly profit and said it was cutting up to 1,500 jobs as part of a restructuring plan. Shares of Applied Material Inc. (AMAT) dropped by almost 3% in early trades. The stock...