Morning Movers 12/28: (ZGNX) (EMKR) (ACAT) Higher; (MCP) (FRO) Lower
Zogenix (Nasdaq: ZGNX) 23.6% HIGHER; continuing to break out after testing support at $1.50 and rebounding over levels at $1.75 and $2. Stock is now up more than 70 percent since a low on December 20th. Emcore Corp (NASDAQ: EMKR) 20.8% HIGHER; reported Q4 EPS of ($0.15), $0.12 worse than the analyst estimate of ($0.03). [...]
Notable Analyst Rating Changes 12/28: (END) (DNKN) (SBUX) Upgraded; (KOG) Downgraded
UPGRADES Rodman & Renshaw lifts Endeavour International (NYSE: END) from Market Perform to Market Outperform, with a price target at $12.50. Click Here for more color. DA Davidson boosts Dunkin’ Brands (Nasdaq: DNKN) from Underperform to Neutral, maintaining a price target of $26. Click Here for more color. CL King raises MWI Veterinary Supply (Nasdaq: [...]
Notable Stocks Trading Ex-Dividend Tomorrow 12/29: (STLD) (MOLX) (RLJ) (WDR)
The following is a list of companies trading ex-dividend December 29th, which produce some of the best yields on the Street: Steel Dynamics, Inc. (Nasdaq: STLD), paying 10 cents with a current yield of 3.0%; Molex Inc. (Nasdaq: MOLX), paying 20 cents with a current yield of 3.4%; RLJ Lodging Trust (NYSE: RLJ), paying 15 [...]
Notable Mergers and Acquisitions of the Day 12/28: [(CRIC)/(EJ) (NYT) (FNF)]
China Real Estate Information Corporation (Nasdaq: CRIC), has entered into an Agreement and Plan of Merger, dated December 28, 2011, with E-House (China) Holdings Limited (NYSE: EJ), a Cayman Islands company and the majority shareholder of the Company, and CRIC (China) Holdings Limited (“Merger Sub”), a newly-formed Cayman Islands company and a direct wholly-owned subsidiary [...]
Pre-Open Movers 12/28: (IMMU) (END) (NBL) Higher; (CAVM) (SHLD) (MRX) Lower (more…)
Below are stocks making major moves in pre-open trading Wednesday: HIGHER: Immunomedics Inc. (Nasdaq: IMMU) 5% HIGHER; UCB Announce Restructuring of Epratuzumab License Agreement Endeavour International (NYSE: END) 3% HIGHER; upgraded Noble Energy, Inc. (NYSE: NBL) 1% HIGHER; Large Cyprus natural gas find LOWER: Cavium (Nasdaq: CAVM) 5% LOWER; cuts Q4 sales guidance Sears Holdings [...]
After-Hours Movers 12/27: (IEP) (NYT) (AIG) Higher; (MRX) (CAVM) Lower
Medicis (NYSE: MRX) 9% LOWER; cut its Q4 EPS guidance from 63-69 cents to 51-57 cents. Sales move from $187-$200 million to $170-$183 million. Sees FY12 sales growth over 10 percent. Click here to see the full report. Cavium (Nasdaq: CAVM) 5.6% LOWER; now sees Q4 sales $56-$57 million, which compares to the Street estimate [...]
Trading Radar for 12/28: CSP, Inc. (CSPI) Reports
The Trading Radar highlights key earnings and economic announcements for tomorrow’s trading session: Before The Market Opens Economic: 7:00am EST MBA Mortgage Index – no Street consensus Earnings: CSP, Inc. (Nasdaq: CSPI) – no Street consensus Check out our Earnings Insider for news and updates on earnings as they happen! Share this:
Unusual 11 Midday Movers 12/27: (PARL) (MY) (END) (MHR) Higher; (PERF) (SHLD) (XUE) Lower
Parlux Fragrances, Inc. (Nasdaq: PARL) 73.9% HIGHER; Perfumania Holdings, Inc. and Parlux have signed a definitive merger agreement under which Perfumania would acquire all of the outstanding shares of Parlux in a transaction valued at approximately $170 million, based on Perfumania’s closing stock price of $19.55 per share on December 22, 2011. Perfumania Holdings, Inc. [...]
Notable 52-Week Highs and Lows of the Day 12/27: (ELN) (KOG) (DEJ) High; (SHLD) (SATC) (ALSK) Low
This report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today. 52-Week High: Elan Corporation, plc (NYSE: ELN) high of $13.31. Elan is just being one of those stocks today. After falling about 2.2 percent early on the registration for a $750 [...]
Streetinsider.com’s Hot Lunchtime Reads 12/27: (MS) (RSH) (HOV) (ORCL)
The following is a list of notable articles to help get you through the lunch hour: Morgan Stanley (MS) Could Return More to Shareholders, But… -> Read this! Shares of RadioShack (RSH) Continue Freefall; Is There A Turnaround in Store? -> Read this! Hovnanian (HOV) Could Be Cash Deathtrap for Investors – Barron’s -> Read [...]
Notable ETF Movers of the Day 12/27: (SPY) (FXE) Higher; (VXX) (EWY) (TAN) Lower
Gainers SPDR S&P 500 (NYSE: SPY) up 0.13 percent to $126.55. Notably higher Tuesday, the S&P has avoided moving back into negative territory after starting in the red following the extended holiday weekend. Markets may be being helped by Conference Board data, showing U.S. consumer confidence moved from 55.2 in November to 64.5 for December. [...]
Notable Stocks Trading Ex-Dividend Tomorrow 12/28: (KFT) (DOW) (DRH) (MFA) (WIN)
The following is a list of companies trading ex-dividend December 28th, which produce some of the best yields on the Street: Kraft Foods Inc. (NYSE: KFT), paying 29 cents with a current yield of 3.1%; Dow Chemical Co. (NYSE: DOW), paying 25 cents with a current yield of 3.5%; Diamondrock Hospitality (NYSE: DRH), paying X [...]
Notable Mergers and Acquisitions of the Day 12/27: [(MET) (SNE) (CSA)/(VTR)]
MetLife, Inc. (NYSE: MET) announced today that GE Capital Financial Inc. will acquire most of the depository business of MetLife Bank, N.A. Financial terms of the transaction, which is expected to close in the second quarter of 2012, were not disclosed. Under the definitive agreement signed by GE Capital and MetLife Bank, GE Capital will [...]
Morning Movers 12/27: (PARL) (GIGM) (MHR) Higher; (SHLD) Lower
Parlux Fragrances, Inc. (Nasdaq: PARL) 80.1% HIGHER; Perfumania Holdings, Inc. (Nasdaq: PERF) and Parlux have signed a definitive merger agreement under which Perfumania would acquire all of the outstanding shares of Parlux in a transaction valued at approximately $170 million, based on Perfumania’s closing stock price of $19.55 per share on December 22, 2011. Gigamedia [...]
Notable Analyst Rating Changes 12/27: (CVLT) (VMW) Upgraded; (NPTN) (TWX) Downgraded
UPGRADES RBC Capital boosts CommVault Systems (Nasdaq: CVLT) from Outperform to Top Pick, keeping its price target of $50. Oppenheimer lifts VMware (NYSE: VMW) to Outperform with a price target of $100. Click Here for more color. For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades DOWNGRADES ThinkEquity lowers NeoPhotonics (NYSE: NPTN) from Buy to Hold with [...]
Pre-Open Movers 12/27: (PARL) (CALM) (MJN) Higher; (SHLD) (PERF) (ACAD) Lower (more…)
Below are stocks making major moves in pre-open trading Tuesday: HIGHER: Parlux Fragrances Inc. (Nasdaq: PARL) 100% HIGHER; acquired by Perfumania PokerTek, Inc. (Nasdaq: PTEK) 15% HIGHER; DoJ reverses ruling, says states can decide on legalize internet poker Cal-Maine Foods, Inc. (Nasdaq: CALM) 6% HIGHER; tops Q1 views Boyd Gaming Corp. (NYSE: BYD) 6% HIGHER; [...]
Morning Movers 12/28: (ZGNX) (EMKR) (ACAT) Higher; (MCP) (FRO) Lower
Zogenix (Nasdaq: ZGNX) 23.6% HIGHER; continuing to break out after testing support at $1.50 and rebounding over levels at $1.75 and $2. Stock is now up more than 70 percent since a low on December 20th. Emcore Corp (NASDAQ: EMKR) 20.8% HIGHER; reported Q4 EPS of ($0.15), $0.12 worse than the analyst estimate of ($0.03). [...]
Notable Analyst Rating Changes 12/28: (END) (DNKN) (SBUX) Upgraded; (KOG) Downgraded
UPGRADES Rodman & Renshaw lifts Endeavour International (NYSE: END) from Market Perform to Market Outperform, with a price target at $12.50. Click Here for more color. DA Davidson boosts Dunkin’ Brands (Nasdaq: DNKN) from Underperform to Neutral, maintaining a price target of $26. Click Here for more color. CL King raises MWI Veterinary Supply (Nasdaq: [...]
Notable Stocks Trading Ex-Dividend Tomorrow 12/29: (STLD) (MOLX) (RLJ) (WDR)
The following is a list of companies trading ex-dividend December 29th, which produce some of the best yields on the Street: Steel Dynamics, Inc. (Nasdaq: STLD), paying 10 cents with a current yield of 3.0%; Molex Inc. (Nasdaq: MOLX), paying 20 cents with a current yield of 3.4%; RLJ Lodging Trust (NYSE: RLJ), paying 15 [...]
Notable Mergers and Acquisitions of the Day 12/28: [(CRIC)/(EJ) (NYT) (FNF)]
China Real Estate Information Corporation (Nasdaq: CRIC), has entered into an Agreement and Plan of Merger, dated December 28, 2011, with E-House (China) Holdings Limited (NYSE: EJ), a Cayman Islands company and the majority shareholder of the Company, and CRIC (China) Holdings Limited (“Merger Sub”), a newly-formed Cayman Islands company and a direct wholly-owned subsidiary [...]



