Archive for 'Stocks'
BP Shares Up in Late Trade as Cap Test Moves Forward
Posted on 14. Jul, 2010 by Tiernan Ray.
Shares of BP (BP) are up 35 cents, or almost 1%, at $36.53 after falling during the regular session, as Coast Guard Admiral Thad Allen announced at a press conference late this afternoon that BP will shortly commence testing of the new cap on the leaki...
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Landstar Falls on Q3 EPS View; Dividend Raised 11%
Posted on 14. Jul, 2010 by Tiernan Ray.
Shares of trucking firm Landstar Systems (LSTR) are down 57 cents, or 1.4%, at $40.90, after the company beat Q2 revenue projections but forecast Q3 EPS merely in line with expectations. Q2 revenue rose 31%, year over year, to $641.7 million, ahead of ...
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What’s Up with MannKind?
Posted on 14. Jul, 2010 by Tiernan Ray.
Shares of drug developer MannKind (MNKD), which has been battling for approval of its inhaled insulin, called “Afrezza,” surged in the last quarter of an hour from a losing day to a gain of 2 cents, to close at $6.55. There’s no obvio...
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Glaxo Pops: Safety Risks, But No Ejection from U.S.
Posted on 14. Jul, 2010 by Tiernan Ray.
Shares of Glaxo SmithKline (GSK) shares popped late in the session, rising 69 cents, or 2%, to $36.41, after headlines went out the Food & Drug Administration’s investigative panel that has been reviewing the diabetes drug “Avandia̶...
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Goldman Chops Home Builders; Slump To Last Awhile
Posted on 14. Jul, 2010 by Tiernan Ray.
It seems a bit late in the game, perhaps, but homebuilders, including PulteGroup (PHM) and Toll Brothers (TOL) were downgraded today by Goldman Sachs analyst Joshua Pollard, who cut his rating on the sector to “Neutral” from “Attracti...
