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Watch 5 Stocks: Arena Pharmaceuticals (NASDAQ:ARNA), Wix.com (NASDAQ:WIX), International Shipholding Corp. (NYSE:ISH), Hercules Offshore (NASDAQ:HERO), Fluidigm Corporation (NASDAQ:FLDM)
Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) reported that start of patient dosing in a Phase II clinical examination of ralinepag, an oral, non-prostanoid prostacyclin receptor agonist planned for the treatment of pulmonary arterial hypertension. M.D., Emeritus Professor of Medicine at University of California, School of Medicine, Lewis J. Rubin stated that a fascinating component of this compound…
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Top Morning News: Groupon (NASDAQ:GRPN), U.S. Bancorp (NYSE:USB), Matrix Service Company (NASDAQ:MTRX), Rockwell Medical (NASDAQ:RMTI), Hercules Offshore (NASDAQ:HERO)
Groupon Inc (NASDAQ:GRPN), The CEO, 10% Owner, of Groupon Inc, Lefkofsky Eric P had unloaded 454,166 shares at $7.18 per share in a transaction on December 15, 2014. The total value of transaction was $3,260,912. Groupon, Inc. (NASDAQ:GRPN) in last trading activity decreased -1.38% to close at $7.84. Company weekly performance is -5.08% while its…
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5 Stocks in Dramatic Moves: American International Group (NYSE:AIG), Chevron (NYSE:CVX), Churchill Downs (NASDAQ:CHDN), Abercrombie & Fitch (NYSE:ANF), Hercules Offshore. (NASDAQ:HERO)
Federal prosecutors dismissed former American International Group Inc. (NYSE:AIG) executives’ efforts to unseal exculpatory evidence that allegedly casts doubt on a key witness in New York’s civil suit against the AIG brass, saying Wednesday that the government would have granted the request had the executives waited a few more hours. American International Group, Inc. (NYSE:AIG)…
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Trader’s Buzz: Alcatel Lucent SA (ADR) (NYSE:ALU), Peabody Energy Corp. (NYSE:BTU), Hercules Offshore (NASDAQ:HERO), Advantest Corporation (NYSE:ATE), Ariad Pharmaceuticals Inc. (NASDAQ:ARIA)
Telecom network vendor Alcatel Lucent SA (ADR) (NYSE:ALU) announced the appointment of Luis Martinez-Amago as CEO of Alcatel-Lucent Shanghai Bell (ASB), China. Based in Shanghai, Martinez-Amago will be responsible for ASB’s business in and outside of China, as well as its key contribution to the Alcatel-Lucent group’s R&D and global operation supply chain. Alcatel Lucent…
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Morning Movers: AT&T (NYSE:T), Hercules Offshore (NASDAQ:HERO), FedEx Corporation (NYSE:FDX), Materion Corporation (NYSE:MTRN), Avalonbay Communities Inc. (NYSE:AVB)
AT&T Inc. Inc. (NYSE:T) on 16 December plans to virtualize and control over 75% of its customer-facing network with software by 2020. The effort is helping AT&T reduce its capital expenditures while increasing capacity in the network, said John Donovan, senior executive vice president of AT&T Technology and Operations. AT&T, Inc. (NYSE:T) in last trading…
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Keep Eyes on: Daily Journal Corp. (NASDAQ:DJCO), Hercules Offshore (NASDAQ:HERO), Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX), Synageva BioPharma Corp. (NASDAQ:GEVA), CSP Inc. (NASDAQ:CSPI)
On 29 December Daily Journal Corp. (NASDAQ:DJCO) said that it determined the financial statements contained in the Company’s Form 10-Q for the quarter ended June 30, 2014, and filed on August 18, 2014 (the “Original Form 10-Q”), should no longer be relied on. The Company expects to restate the financial statements in the Original Form…
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Hot Runners: Hercules Offshore (NASDAQ:HERO), Air Industries Group (NYSEMKT:AIRI), MEI Pharma (NASDAQ:MEIP), Sumitomo Mitsui Financial Group (NYSE:SMFG), FireEye (NASDAQ:FEYE)
Hercules Offshore Inc (NASDAQ:HERO) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totalling 36,891,862 shares, an increase of 7.4% from the November 28th total of 34,363,765 shares. Hercules Offshore, Inc. (NASDAQ:HERO) in last trading activity moved down -1.96% to close at $1.00. Company…
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Oil & Gas Drilling & Exploration: Petroleo Brasileiro Petrobras (NYSE:PBR), Hercules Offshore (NASDAQ:HERO), SandRidge Energy (NYSE:SD), Breitburn Energy Partners (NASDAQ:BBEP), MHR
The corruption case of Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) was mismanaged by the Brazilian government. People feel that the Brazilian government has misused the company for years for their own monetary and industrial policy, paying little attention to needs of the shareholders. Founder of the Brazilian Centre for Infrastructure and Energy Adviser to the…
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Watch 5 Stocks: Verizon Communications Inc. (NYSE:VZ), Hercules Offshore (NASDAQ:HERO), Trina Solar Limited (NYSE:TSL), Snyder’s-Lance (NASDAQ:LNCE), Cummins Inc. (NYSE:CMI)
The telecom company Verizon Communications Inc. (NYSE:VZ) has paid the state of Massachusetts $1.3 million to resolve allegations that it overcharged the state for phone service. The settlement, which was not filed in court, was reached after an investigation by Attorney General Martha Coakley’s office found the company had overbilled agencies and municipalities from 2006…
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Hot Watch List: Chesapeake Energy Corporation (NYSE:CHK), Hercules Offshore (NASDAQ:HERO), Dynasil Corporation (NASDAQ:DYSL), Delta Air Lines (NYSE:DAL), MEI Pharma (NASDAQ:MEIP)
Natural gas drilling company Chesapeake Energy Corporation (NYSE:CHK) increased the settlement it is offering to landowners who say the company took too much money from their drilling royalties. The new proposed class-action settlement filed in court earlier this month totals $11 million, compared with the previous $7.5 million offer, the Scranton, Pa., Times-Tribune reported. Chesapeake…