Pre-Market NASDAQ Movers (XNPT, ZAGG, BBBY, BLUD, IMGN, CHOP, XING, TZOO, PWER, AEIS, ASML)
The top pre-market NASDAQ Stock Market gainers are: Xenoport, ZAGG, Bed Bath & Beyond, Immucor, Immunogen, and China Gerui Advanced Materials Group. The top pre-market NASDAQ Stock Market losers are: Qiao Xing Universal Resources, Travelzoo, Power-One, Advanced Energy Industries, and ASML Holding.
NetSuite is Favorite Second Half Story: Analyst
Credit Suisse expects strong stock and fundamental performance from NetSuite Inc. (NYSE: N) in the second half of the year.
Sprint to Sign Network Sharing Deals with LightSquared, Clearwire: Analyst
Credit Suisse expects Sprint Nextel Corp. (NYSE: S) will sign network sharing deals both LightSquared and Clearwire Corp. (NASDAQ: CLWR) between now and mid-year.
Delta Air Lines Shares Hit New Low
Shares of Delta Air Lines Inc. (NYSE: DAL) touched a new 52-week low of $9.31 on Wednesday. The company said its load factor for the month of March declined 4.5 percentage points to 79.7 percent from 84.2 percent last year.
Post-Market NASDAQ Movers (XNPT, BBBY, BLUD, FTNT, TESO, PWER, TUES, AATI, ISTA, LNCR)
The top after-market NASDAQ Stock Market gainers are: Xenoport, Bed Bath & Beyond, Immucor, Fortinet, and Tesco. The top after-market NASDAQ Stock Market losers are: Power-One, Tuesday Morning, Advanced Analogic Technologies, ISTA Pharmaceuticals, and Lincare Holdings.
American Superconductor Shares Hit New Low on Lost Shipments
Shares of American Superconductor Corp. (NASDAQ: AMSC) touched a new 52-week low of $12.54 on Wednesday morning, as it expects to post a fourth quarter loss mainly reflecting the refusal by one of its customers to accept contracted shipments.
Cubist Pharma Shares Hit New High
Shares of Cubist Pharmaceuticals Inc. (CBST) touched a new 52-week high of $30.02 on Wednesday morning. Optimer Pharmaceuticals Inc. (OPTR) said it has entered an exclusive two-year co-promotion agreement with Cubist to market Dificid in the U.S.
Pre-Market NASDAQ Movers (ORCH, WPRT, GLNG, HNSN, IMMU, AMSC, GOLD, OPTR, ASML, APWR)
The top pre-market NASDAQ Stock Market gainers are: Orchid Cellmark, Westport Innovations, Golar LNG, Hansen Medical, and Immunomedics. The top pre-market NASDAQ Stock Market losers are: American Superconductor, Randgold Resources, Optimer Pharmaceuticals, ASML Holding, and A-Power Energy Generation Systems.
Diamond Foods Shares Hit Life-Time High on Flavor Of Pringles
Shares of Diamond Foods, Inc. (DMND) touched a new life-time high of $63.96 on Tuesday. The packaged food company said it agreed to buy Pringles business of Procter & Gamble Co. (PG) in a deal valued at $2.35 billion.
Questcor Pharma Shares Hit Life-Time High
Shares of Questcor Pharmaceuticals, Inc. (QCOR) touched a new life-time high of $18.50 on Tuesday. The company issued preliminary metrics for the first quarter, whereby it projects a 115 percent first quarter surge in sales of its main drug H.P. Acthar Gel that is used to treat certain disorders with an inflammatory component.
Post-Market NASDAQ Movers (SDBT, ATAX, WTSLA, SHLM, MYRX, AMSC, DLLR, MIND, ZOLT, LQDT)
The top after-market NASDAQ Stock Market gainers are: SoundBite Communications, America First Tax Exempt Investors, Wet Seal, A. Schulman, and Myrexis. The top after-market NASDAQ Stock Market losers are: American Superconductor, Dollar Financial, Mitcham Industries, Zoltek Companies, and Liquidity Services.
Five Reasons Why Apple Should Delay iPhone 5 Launch
Barclays Capital said it has received many questions over the past week around thoughts on the potential timing of Apple Inc.'s iPhone 5. In summary, Reitzes believes it may make sense for Apple to launch this version of the iPhone a little later than usual for five reasons.
Apple's Cloud Tunes Likely Coming Soon
Apple Inc. is widely expected to release its own iTunes-related cloud strategy soon likely integrating its MobileMe services and taking advantage of its investments in its North Carolina data center, Barcalys Capital said.
Pre-Market NASDAQ Movers (CBST, QCOR, DMND, EXPE, ONNN, LEDS, PSEC, CREE, APWR, AIXG, AAPL)
The top pre-market NASDAQ Stock Market gainers are: Cubist Pharmaceuticals, Questcor Pharmaceuticals, Diamond Foods, Expedia, and ON Semiconductor. The top pre-market NASDAQ Stock Market losers are: SemiLEDs, Prospect Capital, Cree, A-Power Energy Generation Systems, Aixtron, and Apple.
Calix Shares to Sell Off Modestly on Tuesday: Analyst
Jefferies & Co. expects that shares of Calix, Inc. (NYSE: CALX) will sell off modestly on Tuesday as investors contemplate another round of very conservative guidance from the company. The brokerage reiterated its buy rating on shares of Calix, while increasing its price target to $24.50 from $16.
Post-Market NASDAQ Movers (QCOR, CBST, ISIL, EXPE, ONNN, TISI, MERU, PSEC, RGLD, SIFY)
The top after-market NASDAQ Stock Market gainers are: Questcor Pharmaceuticals, Cubist Pharmaceuticals, Intersil, Expedia, and ON Semiconductor. The top after-market NASDAQ Stock Market losers are: Team, Meru Networks, Prospect Capital, Royal Gold, and Sify Technologies.
VeriSign to Repurchase More Shares: Analyst
Wedbush Securities expects VeriSign Inc. (NASDAQ: VRSN) to continue to return capital to investors through 2011. The brokerage maintained its neutral rating on shares of VeriSign with a price target of $38.
US stocks open higher after corporate news
U.S. stocks advanced in early trade on Monday as investors looked to extend a two-week winning streak in the major indexes.
Pre-Market NASDAQ Movers (MSSR, VVUS, OREX, CIGX, OPTR, OVTI, DEPO, AMTD, LOGI, CHKP)
The top pre-market NASDAQ Stock Market gainers are: McCormick & Schmick's Seafood Restaurants, VIVUS, Orexigen Therapeutics, Star Scientific, and Optimer Pharmaceuticals. The top pre-market NASDAQ Stock Market losers are: OmniVision Technologies, DepoMed, TD AMERITRADE Holding, Logitech International, and Check Point Software Technologies.
Kofax Delayed Hardware Business Sale Won't Impact Investment Case: Analyst
Kofax Plc said completion of the sale of its non-core hardware business has been delayed by around two months. Jefferies & Co. said the delayed hardware business sale does not impact its investment case.
Whole Foods Market Shares Hit New High
Shares of Whole Foods Market, Inc. (NASDAQ: WFMI) touched a new 52-week high of $66.87 on Friday.
Top 10 Hottest New Restaurants in U.S. (SLIDESHOW)
The restaurant reservation platform OpenTable Inc. announced the list of top 10 hottest new restaurants, which are among the 50 winners of OpenTable's Diners' Choice Awards for the Top Hot Spot Restaurants in the United States.
Pre-Market NASDAQ Movers (GLNG, CIGX, EBIX, SCEI, AEZS, OMER, ATRN, LOGI, ASTI, XRTX, NDAQ)
The top pre-market NASDAQ Stock Market gainers are: Golar LNG, Star Scientific, Ebix, Sino Clean Energy, and AEterna Zentaris. The top pre-market NASDAQ Stock Market losers are: Omeros, Atrinsic, Logitech International, Ascent Solar Technologies, Xyratex, and Nasdaq OMX Group.
Strong OTN Growth Attract New Players (PMCS, BRCM, NETL, ALTR)
Auriga USA LLC expects optical transport network to get increasingly crowded with players like PMC-Sierra Inc. (PMCS), Broadcom Corp. (BRCM), NetLogic Microsystems Inc. (NETL), and potentially even FPGA (field-programmable gate array) vendor Altera Corp. (ALTR) vying to build application specific standard products (ASSP) to target this space.
Biogen Idec Shares Hit New High on Start of Late-Stage ALS Drug Trial
Shares of Biogen Idec Inc. (NASDAQ: BIIB) touched a new 52-week high of $73.53 on Thursday. The company and its partner Knopp Biosciences announced enrollment of the first patient in EMPOWER, a multi-national Phase III study evaluating the efficacy, safety and pharmacokinetics of dexpramipexole in patients with amyotrophic lateral sclerosis (ALS).
Synthesis Energy Shares Hit New High on China Investment
Shares of Synthesis Energy Systems, Inc. (NASDAQ: SYMX) touched a new 52-week high of $3.12 on Thursday. The company has agreed with China Energy Industry Holding Group Co. Limited for a cash investment of about $83.8 million to support the company's business strategy in China, including project development and investment.
Post-Market NASDAQ Movers (CXDC, BEAT, ALTH, CLDX, CISG, OMER, ASTI, LOGI, EXFO, XRTX)
The top after-market NASDAQ Stock Market gainers are: China XD Plastics Company, CardioNet, Allos Therapeutics, Celldex Therapeutics, and Cninsure. The top after-market NASDAQ Stock Market losers are: Omeros, Ascent Solar Technologies, Logitech International, EXFO, and Xyratex.
Pre-Market NASDAQ Movers (SYMX, TSLA, GOLD, DNDN, CLNE, SVA, OPEN, APOL, SQI, NXPI)
The top pre-market NASDAQ Stock Market gainers are: Synthesis Energy Systems, Tesla Motors, Randgold Resources, Dendreon, and Clean Energy Fuels. The top pre-market NASDAQ Stock Market losers are: Sinovac Biotech, OpenTable, Apollo Group, SciQuest, and NXP Semiconductors.
Post-Market NASDAQ Movers (MAKO, AMCF, CHRS, HBCP, PTIX, MAXY, SMOD, OPLK, JOSB, ENER)
The top after-market NASDAQ Stock Market gainers are: MAKO Surgical, Andatee China Marine Fuel Services, Charming Shoppes, Home Bancorp, and Performance Technologies. The top after-market NASDAQ Stock Market losers are: Maxygen, SMART Modular Technologies, Oplink Communications, Jos. A Bank Clothiers, and Energy Conversion Devices.
Near-Term Generic For Teva's Copaxone Still Unlikely: Analyst
RBC Capital Markets continues to believe that Teva Pharmaceutical Industries Ltd.'s (NASDAQ: TEVA) generic Copaxone is unlikely in the near term. The brokerage also said FDA denied Copaxone Citizen Petition (CP) as it is premature to make a decision on generic approvability.