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Northern Trust Reports 15 Pct. Higher 1Q Profit

Financial services firm Northern Trust Corp. (NASDAQ: NTRS) posted a 15 percent gain in its first-quarter net income on record trust, investment and other servicing fees the firm said Tuesday.

Merck Rallies on Dismissed Lawsuit

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Shares of Merck & Co., Inc. (NYSE: MRK) jumped in Friday trading as a federal judge dismissed a class-action lawsuit over the company's pain reliever Vioxx.
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Ipsco Shares Surge on Takeover Talk

Steel maker Ipsco Inc.(NYSE: IPS), the second largest U.S. steel pipe maker for energy explorers, confirmed on Thursday that it is currently in discussions that could lead to a potential acquisition of the company.
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Manor Care Shares Jump on Potential Deal

Shares of health care provider Manor Care Inc. (NYSE: HCR) jumped on Wednesday following an announcement that it enlisted help from a Wall-Street brokerage to increase share holder value.
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Conexant Tumbles on Weaker 2Q Revenue

Semiconductor company Conexant Systems Inc. (Nasdaq: CNXT) said on Monday that its second-quarter revenue fell 18.5 percent from the previous quarter, sending shares tumbling.
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Schnitzer Steel Reaches New High on Strong 2Q Profit

Shares of Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) rose to an all time high on Monday as higher volumes and margins in its metals recycling business, sent second-quarter profits up nearly 33 percent.
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Memory Pharma Rockets on Clinical Trial Enrollment

Shares of drug maker Memory Pharmaceuticals Corp. (NASDAQ: MEMY), skyrocketed on Monday, after the company announced it had has completed enrollment for Phase IIa trials of its Alzheimer’s treatment on Thursday. The market was closed on Friday.
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Vonage Shares Drop on Court Order

Shares of Vonage Holdings. Corp. (NYSE: VG) tumbled more than 10 percent in morning trading after a judge granted the firm an emergency stay on a ban from signing up new customers.
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Epoch's Assets Grow 22 Percent

Epoch Holding Corp.(NADAQ: EPHC) said on Thursday that that its assets under management in its investment arm increased 22 percent during the first three months of 2007.
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Best Buy Shares Drop Despite Strong Quarter

Shares of Best Buy Col., Inc. (NYSE: BBY) dropped on Wednesday, despite a quarterly report from the electronics retailer showing strong profit in the fourth quarter due to strong sales of flat panel TVs.
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Silicon Motion Hires New CFO

Semiconductor company Silicon Motion Corp. (Nasdaq: SIMO) announced that it hired a new Chief Financial Officer on Tuesday.
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Computer Sciences Rises on Federal Contracts

Shares of information technology services company Computer Sciences Corp. (NYSE: CSC) rallied in morning trading Monday after the firm said it had signed $1.28 billion in previously unannounced federal contracts.
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Ebay Rallies on Analyst Outlook Upgrade

Shares of online auctioneer Ebay Inc. (Nasdaq: EBAY) rose over 3 percent in Tuesday trading after a Wall Street analyst boosted the company’s revenue and earnings outlook for the firm’s first quarter.
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Drug Maker Cephalon Rises on Upgrade

Shares of drug maker Cephalon (NASDAQ: Cephalon) jumped in Monday trading as a Wall Street Brokerage Firm raised the rating of the stock on Monday despite a delay in approval for a new drug.
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Novavax Shares Leap on Flu Test Results

Shares of biotechnology firm Novavax (Nasdaq: NVAX) leaped in morning trading following an announcement that its vaccine against avian flu seems effective in small animals.
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ICT Shares Plunge on Slashed Outlook

Shares in ICT Group Inc., dropped sharply on Friday after the company lowered its profit expectations for first quarter and the full-year 2007.
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PMC Sierra to Cut Jobs, Close R&D Centers

PMC-Sierra (NASDAQ: PMCS), maker of storage and broadband semiconductors announced a cost reduction initiative late Thursday, with plans to cut jobs and close offices to reduce operating expenses by $20 million to $24 million a year.
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Beazer Shares Slump on Federal Probe

Shares of Beazer Homes USA Inc. (NYSE: BZH) fell more than 9 percent on Wednesday, after the company announced it had the FBI began an investigation related to the firm's mortgage business.
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Accenture Shares Rise on Stronger Outlook

Shares in technology consulting firm Accenture Ltd. rose on Wednesday (NYSE: ACN), one after the company posted strong second quarter the day before, beating estimates and raising its yearly outlook.
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Stocks Drop on Bernanke Inflation Remark

Stocks slid further Wednesday after Federal Reserve Chairman Ben Bernanke appeared to chide investors who may have looked past concerns about inflation following Fed comments last week. The Dow Jones industrials fell more than 100 points.

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