Technology Research Corp. (NASDAQ:TRCI) shares soared up this morning nearly 40%. TRCI is currently trading at $7.12 with over 400 thousand shares traded so far. This is well above its daily average of 42 thousand shares. This rise occurs in conjunction with a buyout agreement between Technology Research Corp. and Coleman Cable. While Technology Research [...] Read More
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Cephalon Shares Jump on Hostile Takeover Bid
March 30, 2011 | No Comments
Cephalon, Inc. (NASDAQ:CEPH) shares soared this morning up 28% rising over $16.50 to $75.30. There have been nearly 26 million shares of Cephalon, Inc. stock traded this morning. This is an enormous increase from the average daily volume of 1.5 million shares. The reason for such a large increase is Valeant Pharmaceuticals International Inc. (NYSE:VRX). [...] Read More
Midday Look at the Market for Mar. 29
March 29, 2011 | No Comments
The stock market is slightly up today even though a slew of bad economic news including lower consumer confidence, rising oil prices, and more bad housing news. Let’s take a look at each one of these. Lower Consumer Confidence and Rising Oil Prices The Conference Board’s Consumer Confidence Index fell to 63.4 – that was [...] Read More
Marriot International (NYSE:MAR) shares stumbled to hold ground this morning and have fallen 6.7% dropping nearly $2.50 per share to $35.15. With nearly 8 million shares moved this morning up from the average daily volume of slightly above 3 million shares. This decrease comes on the news of lower consumer demand and low forecast expectations. [...] Read More
GSI Commerce Shares Soar on Buyout News
March 28, 2011 | No Comments
GSI Commerce (NASDAQ:GSIC) shares shot up at market open 50% rising $9.75 to $29.14 per share. With nearly 14 million shares traded so far this morning this marks a 10 fold increase in volume, up from the daily average of 1.4 million shares. This enormous increase comes on news of a buyout by online auction [...] Read More
Drugstore.com Shares Double on Buyout News
March 24, 2011 | No Comments
Drugstore.com, Inc. (NASDAQ:DSCM) share have doubled this morning up 110% heading into the midday trading. Drugstore.com’s shares have risen $1.98 to $3.77 from its previous close of $1.79.
XOMA is down over 30% this morning after the company announced their diabetes drug failed to lower blood sugar. The company said that a random group of people with Type 2 diabetes from a pool of over 400 were treated
Shares of Dynasil Corporation of America (NASDAQ:DYSL) jumped over 80% and is currently trading at $6.65 with an intraday high of $7.48. DYSL is having a monster volume day with nearly 800 thousand shares traded so far today,
Walgreen Shares Slip as Sales are Below Expectations
March 22, 2011 | No Comments
Walgreen Co. (NYSE:WAG) shares are falling this morning dropping nearly 7.5% and down $3.12 to 38.85 heading into midday trading. Nearly 18 million shares have been traded so far, up from the average daily volume of 6.7 million shares.
Prana Biotechnology Shares Soar on Alzheimer’s Drug News
March 22, 2011 | No Comments
Prana Biotechnology Ltd.(NASDAQ:PRAN) shares are gaining significant ground this morning. Shares are being traded up 50% a $1.44 rise on the previous close for Prana.