5 Stock in Different Moves: SandRidge Energy (NYSE:SD), Idera Pharmaceuticals (NASDAQ:IDRA), Mindray Medical International (NYSE:MR), ICF International Inc. (NASDAQ:ICFI), IBM

SandRidge Energy Inc. (NYSE:SD) has completed the mandatory conversion of its convertible preferred stock into common stock, the company announced Monday. Each share of preferred stock was converted to 9.211496 shares of SandRidge stock, pursuant to the certificate of designation governing the issuance. SandRidge completed the sale of its convertible preferred stock in 2009 for $200 million. SandRidge Energy, Inc. (NYSE:SD) in last trading activity advanced 7.85% to close at $2.06. Company weekly performance is 20.47% while its quarterly performance stands at -54.82%. SandRidge Energy, Inc. (NYSE:SD) is -72.27% away from its 52 week high.

Idera Pharmaceuticals Inc (NASDAQ:IDRA) Director Youssef El Zein sold 100,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $3.68, for a total transaction of $368,000.00. Following the completion of the sale, the director now directly owns 486,101 shares of the company’s stock, valued at approximately $1,788,852. On last trading day Idera Pharmaceuticals, Inc. (NASDAQ:IDRA) moved down -4.44% to close at $3.87. Its volatility for the week is 6.97% while volatility for the month is 9.84%. IDRA’s EPS growth for past 5 years was -58.50%. Idera Pharmaceuticals, Inc. (NASDAQ:IDRA) monthly performance is 54.18%.

Equities researchers at Standpoint Research began coverage on shares of Mindray Medical International Limited (NYSE:MR) in a research report issued on Monday, TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $36.00 price target on the stock. On last trading day Mindray Medical International Limited (NYSE:MR) moved down -1.41% to close at $26.57. Its volatility for the week is 1.94% while volatility for the month is 2.32%. MR’s sales growth for past 5 years was 17.30% and its EPS growth for past 5 years was 14.30%. Mindray Medical International Limited (NYSE:MR) monthly performance is -15.36%.

On December 8, ICF International (NASDAQ:ICFI), a leading provider of consulting services and technology solutions to government and commercial clients, has named Jim Lawler senior vice president for human resources (HR). Mr. Lawler, who assumes his new position immediately, replaces Candice Mendenhall, who is retiring. ICF International Inc. (NASDAQ:ICFI) has 3.50% insider ownership while its institutional ownership stands at 94.20%. In last trading activity company’s stock closed at $41.66.

International Business Machines Corp. (NYSE:IBM) has announced the opening of its first cloud data centre in Japan. The data centre will be located in Tokyo and will be in collaboration with SoftLayer. The two companies recently opened data centres in Paris and Melbourne as part of the $1.2 billion investment plan intended to expand the cloud business. International Business Machines Corporation (NYSE:IBM) in last trading activity increased 0.50% to close at $162.24. Company weekly performance is 7.15% while its quarterly performance stands at -15.06%. International Business Machines Corporation (NYSE:IBM) is -17.04% away from its 52 week high.

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