BioMarin Pharma Long-Term Growth Strengthened with Plant Expansion Approval: Analyst
BioMarin Pharmaceutical Inc. (NASDAQ: BMRN) has received the anticipated FDA approval for expansion of the manufacturing facility in Novato, California. Wedbush Securities believes that with this approval, the company's long-term growth will be strengthened.
Pre-Market NASDAQ Movers (MAGS, STX, CEDC, ONXX, GOLD, RIMM, TLAB, ASML, NFLX, MSFT)
The top pre-market NASDAQ Stock Market gainers are: Magal Security Systems, Seagate Technology, Central European Distribution, Onyx Pharmaceuticals, Randgold Resources, and Research In Motion. The top pre-market NASDAQ Stock Market losers are: Tellabs, ASML Holding, Netflix, and Microsoft.
Interval Leisure Group: What to do With All the Cash?
FBR Capital Markets hosted several meetings with Chief Executive Craig Nash and investors of Interval Leisure Group Inc. (NASDAQ: IILG) last week.
Post-Market NASDAQ Movers (STX, ANGI, CEDC, GAME, FDML, SUSS, ALSK, SMBL, ANAD, ARUN)
The top after-market NASDAQ stock market gainers are: Seagate Technology, Angie's List, Central European Distribution, Shanda Games and Federal-Mogul. The top after-market NASDAQ stock market losers are: Susser Holdings, Alaska Communications Systems Group, Smart Balance, Anadigics and Aruba Networks.
Bank Approval Paves Way to Realize Full Potential for Green Dot
Wedbush Securities believes Green Dot Corp. (NYSE: GDOT) will continue its impressive growth as it leads the rapidly evolving reloadable prepaid category.
Pre-Market NASDAQ Movers (MPEL, AMRN, DRYS, MU, NFLX, DNDN, SODA, GMCR, GOLD, GLBL)
The top pre-market NASDAQ stock market gainers are: Melco Crown Entertainment, Amarin, DryShips, Micron Technology, Netflix, Dendreon, SodaStream International, and Green Mountain Coffee Roasters. The top pre-market NASDAQ stock market losers are: Randgold Resources, and Global Industries.
Republicans Expected to Win 2012 Elections
FBR Capital Markets expects the cycle of disappointments coming out of Washington to reach an inflection point later this year, creating an opportunity for investors to begin looking ahead to the November 2012 elections as cause for optimism.
Intuit Vs. H&R Block: Who will Win 2012 Tax Season Battle?
Intuit Inc.'s (NASDAQ: INTU) TurboTax Desktop software is now available, as expected by Jefferies. The brokerage said prices and stock-keeping units of Intuit software are unchanged from last year.
Netflix Estimates Revised at Jefferies
Jefferies revised its estimates for Netflix Inc. (NASDAQ: NFLX) due to revised guidance and capital raise. The brokerage lowered its price target on shares of Netflix to $75 from $90, while maintaining its hold rating.
Top 10 Smartphones with Large Screen Size
The smartphone market is seeing a rapid growth as new devices are being released every now and then. Apart from the advanced specifications, the manufacturers are increasing the screen size of smartphones.
Pre-Market NASDAQ Movers (POZN, TSPT, YHOO, INFY, RIMM, ASMI, ARMH, GOLD, ASML, REDF)
The top pre-market NASDAQ Stock Market gainers are: Pozen, Transcept Pharmaceuticals, Yahoo, Infosys, and Research In Motion. The top pre-market NASDAQ Stock Market losers are: ASM International, ARM Holdings, Randgold Resources, ASML Holding, and Rediff.com India.
Apple's Black Friday Deals Turn Sour
Apple Inc.'s customers were able to get $101-off on MacBook Pro, MacBook Air and iMacs, $41-off on the first-generation iPad, $21-off on the iPod touch and $11-off on the iPod nano for Friday. This is unchanged from the deals announced last year.
Mexican Presidential Elections: Who Will Win the Battle?
Mexican presidential elections are scheduled for July 1, 2012, and Wells Fargo economist said never underestimate the political.
Apple May Launch iPad 3 by March 2012: Analyst
Barclays Capital said its research still points toward Apple Inc. continuing to innovate in the iPad category with an iPad 3 launching in the March 2012 timeframe with an HD screen, Siri integration and a faster processor.
Apple’s Focus on Black Friday More Intense This Year: Analyst
Apple Inc. (NASDAQ: AAPL) on Monday started notifying customers of United States, United Kingdom, Australia and Italy that it would hold its annual one-day shopping event on Friday, a day after Thanksgiving, at its retail stores and on online store.
Post-Market NASDAQ Movers (POZN, AMCF, PWER, CRUS, SPPI, BGCP, JKHY, PERI, ALSK, DNDN)
The top after-market NASDAQ Stock Market gainers are: Pozen, Andatee China Marine Fuel Services, Power-One, Cirrus Logic, and Spectrum Pharmaceuticals. The top after-market NASDAQ Stock Market losers are: BGC Partners, Jack Henry & Associates, Perion Network, Alaska Communications Systems Group, and Dendreon.
Optum Likely to Drive UnitedHealth's 2012 Growth: Analyst
Wedbush Securities said UnitedHealth Group Inc. (NYSE: UNH) expects earnings growth in 2012 but flat or declining Commercial and Medicaid earnings; this implies strong Optum and Medicare Advantage growth will drive 2012 earnings growth.
Pre-Market NASDAQ Movers (YHOO, ASML, BEXP, FSLR, DMND, RMBS, NFLX, GRPN, CEDC, MU)
The top pre-market NASDAQ Stock Market gainers are: Yahoo, ASML Holding, Brigham Exploration, and First Solar. The top pre-market NASDAQ Stock Market losers are: Diamond Foods, Rambus, Netflix, Groupon, Central European Distribution, and Micron Technology.
Holiday Season: DFW Airport Predicts Slight Rise in Travelers
Thanksgiving, which will kick start the holiday season, weekend is one of the busiest travel periods of a year. Dallas/Fort Worth (DFW) International Airport is expecting a slight increase of about one percent in passengers for the 2011 Thanksgiving holiday travel period over last year.
Logica Downgraded at Jefferies
Jefferies downgraded its rating on shares of Logica Plc (London Stock Exchange: LOG) to underperform from hold and lowered its price target to 60 pence from 85 pence.
Post-Market NASDAQ Movers (TIVO, NVLS, CMRG, CSIQ, AMAT, DMND, NLST, GPOR, SGMO, EXPE)
The top after-market NASDAQ Stock Market gainers are: TiVo, Novellus Systems, Casual Male Retail Group, Canadian Solar, and Applied Materials. The top after-market NASDAQ Stock Market losers are: Diamond Foods, Netlist, Gulfport Energy, Sangamo Biosciences, and Expedia.
Netflix's Financing Prompted by Deteriorating Performance, Liquidity: Analyst
Wedbush Securities believes Netflix Inc.'s (NASDAQ: NFLX) $400-million concurrent common stock and convertible notes financing were motivated by the company's deteriorating business performance, which in turn triggered liquidity concerns.
Pre-Market NASDAQ Movers (FMCN, BSDM, BRCD, NVDA, ETFC, NFLX, GOLD, ASML, AMZN, SHPGY)
The top pre-market NASDAQ Stock Market gainers are: Focus Media Holding, BSD Medical, Brocade Communications Systems, NVIDIA, and E*TRADE Financial. The top pre-market NASDAQ Stock Market losers are: Netflix, Randgold Resources, ASML Holding, Amazon.com, and Shire.
H&R Block vs. Intuit: Fight for 2012 Tax Season Begins
The fight for the 2012 tax season has begun among the companies who provide tax services -- H&R Block Inc. (NYSE: HRB) and Intuit Inc. (INTU).
Sharp Gaining Share in Apple's Supply Chain for Future Products
Jefferies believes based on channel checks and its recent visit to Japan that Sharp is taking share in Apple Inc.'s (NASDAQ: AAPL) iPad 3, iPhone 5 LTE, and iTV displays.
Post-Market NASDAQ Movers (MOVED, LOJN, BRCD, UCBI, ASIA, CISG, PWRD, NEWP, HSFT, IMGN)
The top after-market NASDAQ Stock Market gainers are: Move, LoJack, Brocade Communications Systems, United Community Banks, and AsiaInfo-Linkage. The top after-market NASDAQ Stock Market losers are: Cninsure, Perfect World, Newport, hiSoft Technology International, and Immunogen.
Super Committee - on the Brink of Failure, Will it Matter?
FBR Capital Markets said that with a midnight deadline and both sides deadlocked, it appears that a deal is untenable at this point for the U.S. Congress Joint Select Committee on Deficit Reduction -- colloquially referred to as the Super Committee.
Pre-Market NASDAQ Movers (GEDU, VRUS, BSDM, LOOP, CLDX, NLST, GILD, MPEL, CEDC, INFY)
The top pre-market NASDAQ stock market gainers are: Global Education & Technology Group, Pharmasset, BSD Medical, LoopNet, and Celldex Therapeutics. The top pre-market NASDAQ stock market losers are: Netlist, Gilead Sciences, Melco Crown Entertainment, Central European Distribution and Infosys.
Bank of America Capital Build Continues: Analyst
RBC Capital Markets said the completion of initial debt exchange and sale of additional non-strategic assets will strengthen the balance sheet of Bank of America Corp.
EU Patent Dispute Outcome Limits DMD Opportunity for AVI Biopharma
Prosensa announced the outcome of the Opposition Division of the European Patent Office (EPO) ruling on dystrophin exon 51 skipping molecule. Wedbush Securities said the EPO decision, pending any appeal, may effectively prevent AVI BioPharma from marketing its lead exon 51 skipping molecule, eteplirsen, for Duchenne Muscular Dystrophy in the European Union without a license
