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
Shares of Dendreon Corporation (NASDAQ: DNDN) rallied on Friday after analysts at Bernstein Research boosted its rating on the pharmaceutical company to “outperform” and raised its price target on stock by 43% to $10, citing upbeat outlook on company’s prostate cancer treatment. The 52-week trading of the stock is $5.73-$6.02.
Continue reading Major Movers on January 11; DNDN, BBY, KBR, INFY, ARQL, JCP, WFC