Category: Large Cap Growth Stocks

Major Movers on April 17; ALKS, CSX, BAC, MAT, AAPL, CAT

Alkermes Plc (NASDAQ: ALKS) rallied after the company said its mid-stage clinical trial of the drug ALKS 5451, meant to cure depressive disorders, showed it was capable of “significantly reducing” symptoms of depression. The Company said that it carried studies on 142 patients. Based on the outcome of clinical trials, the Company now intends to hold a meeting with the U.S Food and Drug Administration (FDA) and commence later stage studies.

Continue reading Major Movers on April 17; ALKS, CSX, BAC, MAT, AAPL, CAT

Mattel Q1 Results Edge Past Street’s Estimates, Shares Gain (MAT)

Mattel Inc. (NASDAQ: MAT) reported a strong growth in fiscal first quarter earnings on Monday as toy maker’s top line was boosted by robust sales of Monster High and American Girl Dolls while fatter margin also helped driving up the  bottom line.

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Intel Maintains Outlook Even as Q1 Results Fall a Tad Short of Street’s Estimate (INTC)

Although the world’s largest chip maker Intel Corp. (NASDAQ: INTC) reported slightly lower-than-expected fiscal first-quarter earnings and revenue on Tuesday, investors’ faith in the Company remained intact as guidance on the second quarter matched with Wall Street expectations.

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Electronic Arts to Shutter Three Games on Facebook (EA, FB, ZNGA)

Game developing Company, Electronic Arts Inc. (NASDAQ: EA) said that it will shut down three social online games on Facebook Inc. (NASDAQ: FB) as the company just like any other game creator is witnessing dwindling users/gamers base on the social networking giant’s platform.

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Major Movers on April 15; THRX, ACOR, LIFE, TMO, NGD, ABX, GG, WLT, S

Shares of Theravance Inc. (NASDAQ: THRX) rallied on Monday after a report from the U.S. drug regulators showed that the once-a-day lung disease treatment Breo Ellipta, which the company is developing in conjunction with the GlaxoSmithKline Plc,  might get an approval.

Continue reading Major Movers on April 15; THRX, ACOR, LIFE, TMO, NGD, ABX, GG, WLT, S

Dish Network Offers to Buy Sprint Nextel in a Deal worth $25.5 Billion (DISH, S)

U.S.’s second largest satellite television provider, Dish Network Corp. (NASDAQ: DISH), offered to acquire Sprint Nextel Corp. (NYSE: S) for $25.5 billion both in cash and stock, a move which could prevent Japan’s Softbank’s bid to buy partial stake in the nation’s third largest wireless carrier.

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Sinclair Broadcast Group to Acquire Fisher Communications (SBGI, FSCI)

Shares of Sinclair Broadcast Group Inc. (NASDAQ: SBGI) rallied on Friday as the television station operator will soon be in a position to gain traction in the Western United States, thanks to its decision to acquire Fisher Communications Inc. (NASDAQ: FSCI).

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Major Movers on April 12; ASH, RAD, RATE, INFY, SBGI

Shares of Ashland Inc.(NYSE: ASH) jumped about 7.60% by midday trade after JANA Partners said late last evening that it has acquired 7.4% stake in the Company. Covington, KY based Ashland is a specialty chemical company, which provides products, services and solutions to wide ranging industries.

Continue reading Major Movers on April 12; ASH, RAD, RATE, INFY, SBGI