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Dark days eclipsed Herbalife Ltd. (NYSE:HLF) following Ackman’s declaration of revelation

July 22, 2014 – 12:37 pm |
Herbalife Ltd. (NYSE:HLF) tumbled as it experienced plummeting shares. Shares of the company sank by more than 11% on July following investor activist, Bill Ackman's, statement regarding the revelation of the company's illegitimate practices in a presentation on July 22, 2014. Ackman said he would expose its illegal practices, which he hopes would fix the "final nail in the coffin" for a company dealing Read more [...]

Fast Moving Stocks – Celgene Corporation (NASDAQ:CELG), General Electric Company (NYSE:GE), Baxano Surgical Inc (NASDAQ:BAXS), RADA Electronic (NASDAQ:RADA) , Bay Bancorp Inc (NASDAQ:BYBK)

July 22, 2014 – 12:33 pm |

Celgene Corporation (NASDAQ:CELG) marketed drug, Otezla, performed disappointingly in a phase III study (:POSTURE) in the ankylosing spondylitis indication. Top-line results from the study revealed that ankylosing spondylitis patients on being treated with Otezla did not show statistically significant response compared to patients in the placebo arm at week 16, thus missing the trial’s primary end Read more [...]

Morning Alert – Pfizer Inc. (NYSE:PFE), Merck (NYSE:MRK), GLDD, MDU Resources (NYSE:MDU), Woori Finance (NYSE:WF)

July 22, 2014 – 12:32 pm |

On July 17, Pfizer Inc. (NYSE:PFE) signed a deal to acquire InnoPharma, Inc., a company that specializes in the development of hard-to-make, differentiated, sterile injectables. The acquisition, which could result in Pfizer shelling out up to $360 million, is scheduled to close in the third quarter. Pfizer Inc. (NYSE:PFE)’s stock traded beginning with a price of $30.64 and throughout the trading Read more [...]

Today’s Watch List – Gilead Sciences (NASDAQ:GILD), Galena Biopharma (NASDAQ:GALE), Shutterfly (NASDAQ:SFLY), Tower International Inc (NYSE:TOWR), NGP Capital Resources (NASDAQ:NGPC)

July 22, 2014 – 12:31 pm |
Stocks

Shares of Gilead Sciences, Inc. (NASDAQ:GILD) are up as the company’s Solvadi, controversial because of its price, helps cure hepatitis C in people with HIV, according to researchers who say the drug has the potential to limit a top cause of death in these patients, Bloomberg reports.  Gilead Sciences, Inc. (NASDAQ:GILD)’s stock traded beginning with a price of $89.80 and throughout the trading Read more [...]

Will Yahoo! Inc. (NASDAQ:YHOO) thrive in mobile ad field with the buyout of Flurry?

July 22, 2014 – 12:30 pm |
Yahoo

Yahoo! Inc. (NASDAQ:YHOO) has confirmed its purchasing the mobile ad buyback Flurry. It is a move that could probably enhance the company’s fading situation in the mobile advertising field. The companies, however, did not disclose financial credentials, but reports have quoted a buyout price of several hundred million dollars. That strikes enough assumption and gossip in the minds of people, when the Read more [...]

Traders Are Watching – MannKind Corporation (NASDAQ:MNKD), Mylan Inc (NASDAQ:MYL), Unitil Corporation (NYSE:UTL), Sutor (NASDAQ:SUTR), Eaton Vance California Municpl Fd II (NYSEMKT:EIA)

July 22, 2014 – 12:29 pm |

MannKind (NASDAQ:MNKD) VP Diane Palumbo unloaded 17,901 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, July 15th. The shares were sold at an average price of $10.01, for a total transaction of $179,189.01. Following the sale, the vice president now directly owns 241,804 shares of the company’s stock, valued at approximately $2,420,458.  MannKind Corporation Read more [...]

Market Movers – Netflix (NASDAQ:NFLX), Rite Aid Corporation (NYSE:RAD), Apricus Biosciences (NASDAQ:APRI), Oneok Partners LP (NYSE:OKS), B Communications Ltd (NASDAQ:BCOM)

July 22, 2014 – 12:26 pm |

On July 21, 2014, Netflix, Inc. (NASDAQ:NFLX) is making it look easy. The video-streaming service on Monday reported second-quarter earnings and revenue that were roughly in line with forecasts. Netflix also added more subscribers than expected, despite a recent price increase for new customers. It now has nearly 48 million paying members, including 35 million domestically. Netflix, Inc. (NASDAQ:NFLX)’s Read more [...]