IBT Staff Reporter

Shares of Regeneron Paharmaceuticals, Inc. (Nasdaq: REGN) soared Tusday after initial results of a study involving treatment to prevent a leading cause of age-related acquired blindness showed significant results.

Shares of U.S. home builder Lennar Corp. (LEN) hit a 5 month low on Tuesday after the firm posted a 74 percent profit loss and gave a gloomy outlook this morning.

Shares of Internet telephony company Vonage Holdings Group (NASDAQ: VG) tumbled this morning following a downgrade from Citigroup.

Drug maker Alexza Pharmaceuticals, Inc. (Nasdaq:ALXA) said that two of its drugs for treating schizophrenic patients showed positive initial results in clinical trials, sending its shares skyrocketing.

Shares of Alcatel Lucent, the world's largest telecommunications equipment maker, surged Monday after the company was awarded a 3 year, $6 billion contract from Verizon, Inc. (NYSE: VZ) to expand the company's wireless networks.

Semiconductor firm Agere Systems Inc. (NYSE: AGR) cut its second quarter earnings outlook on Monday, citing weaker business from several of its networking and storage customers.v

Shares of Boston Scientific (NYSE: BSX) dropped to their lowest price since 2002 on Monday, while shares of Abbott laboratories (NYSE: ABT) rose after a medical study showed that Abbot's stent device was better at treating clogged heart arteries.

Shares of heart Biosite Inc. (Nasdaq: BSTE) skyrocketed more than 50 percent on Monday after biomedical lab instrument maker Beckman Coulter Inc. (NYSE: BEC) said it would acquire the firm for $1.55 billion.

Internet telephony company Vonage Holdings Corp. (Nasdaq: VG) issued a statement on Monday declaring its confidence that it will prevail in its appeal against an injunction issued last week.

Shares of computer maker Dell (Nasdaq: DELL) rallied today after investment bank Goldman Sachs upgraded the firm from to a buy rating from its previous neutral rating.

Shares of Vonage Holdings Corp. (NYSE: VG) plummeted on Friday, after a federal judge issued a permanent injunction against the firm, barring it from using technology patented by Verizon Communications, Inc. (NYSE: VZ).

Shares of Palm Inc. (Nasdaq: PALM) made slight gains Friday as the firm posted better than expected profits the day before.

Business software company Oracle Corp. (NASDAQ: ORCL) announced on Friday that it reached an agreement to purchase Tangosol Inc., a provider of in-memory data grid software, a move aimed at boosting its middleware offerings.

Executives from Borders Group, Inc. (NYSE: BGP) said in a conference call with analysts on Thursday that it will no longer use Amazon.com, Inc. (NASDAQ: AMZN) to sell its books, opting rather, to build its own website.

Nokia said on Thursday that it started shipping a new phone to selected markets which features integrated global positioning capabilities and a number of multimedia functions.

Hewlett Packard Co (NYSE: HPQ)announced it has signed an agreement to acquire Tabblo Inc., a privately-held developer of web-based software on Thursday.

Software firm Oracle Corp. (NASDAQ: ORCL) filed suit against its rival SAP AG on Wednesday, accusing the competitor of stealing intellectual property to offer 'cut-rate' services for its products.

Media giants NBC Universal and News Corp. (NYSE: NWS) said on Thursday that they have partnered with leading Internet content providers to create an online video site that is poised to challenge the current video leader, YouTube.

Coming on the heels of the first U.S. hedge fund to go public, private equity giant The Blackstone Group L.P announced Thursday that it has filed for an initial public offering which could raise up to $4 billion.

Shares of parcel delivery service FedEx (NYSE: FDX) fell slightly on Wednesday after the company said profitability for the year will be lower than its long term objective due to a slower economy.

Apple Inc. (Nasdaq: AAPL) joined the growing number of consumer electronics manufacturer's connecting the home television to the personal computer today, making its Apple TV set-top box available to consumers for the first time.

Matsushita Electric Ind. (NYSE: MC), owner of the Panasonic brand, maintained its leadership position in Plasma Display Panel production for the fourth quarter of 2006, while other manufacturers lost share according to new research.

Wall Street giant Morgan Stanley (NYSE: MS) reported record profit and revenue for its first quarter on Wednesday, with net income rising more than 60 percent from the previous quarter, giving the firm's shares a nearly 7 percent boost for the day.

Memory maker SanDisk (NASDAQ: SNDK) announced last night that it reached a settlement to a long-standing patent dispute with rival memory maker, Hynix, sending shares up over 3 percent in mid-day trading on Wednesday.

Chip maker Advanced Micro Devices, Inc. (NYSE: AMD) may be planning another round of price cuts and may be looking to tap financial markets to offset its negative cash flow, according to one research analyst.

Shares of software maker Oracle Corp. (Nasdaq: ORCL) rose nearly 2 percent in mid-day trading on Wednesday, following strong third quarter results.

U.S. stocks headed for a narrowly mixed opening Wednesday as investors await the Federal Reserve's latest take on the economy and any hint of the central bank's plans for short-term interest rates.

Semiconductor equipment sales reached a record breaking high in 2006 according to a new report, bringing in the highest revenues since the technology boom at the turn of the century.

Shares of memory technology maker Rambus (NASDAQ: RMBS) soared on Tuesday after anti-trust authorities delayed an order to that would have required the company cut royalty rates on its key patents.