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
America’s fourth largest bank in term of assets and leading mortgage lender, Wells Fargo & Company (NYSE: WFC) reported better-than-expected fiscal fourth-quarter results on Friday. Wells Fargo’s results are often regarded as precursor on the banking industry’s performance and growth in mortgage lending.
Continue reading Wells Fargo Reports 24% Jump in Fiscal Q4 Profits (WFC)
Shares of J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), a provider of surface transportation and delivery services to a diverse group of customers and consumers throughout the continental U.S., Canada and Mexico, are soaring in trading today.
Continue reading Major Gainers and Losers in Early Trading on October 12; JBHT, AMD, LXRX, WFC
Warren Buffett’s investment company Berkshire Hathaway Inc. (NYSE: BRK.A) reported a decline in its second-quarter earnings due to a loss on its derivative holdings.
Continue reading Berkshire Hathaway Q2 Earnings Drop (BRK.A)
U.S.’s fourth largest bank and leading mortgage lender, Wells Fargo & Company (NYSE: WFC) reported on Friday that its second-quarter earnings rose by 17%, surpassing analysts’ expectations.
Continue reading Wells Fargo Posts Strong Earnings, Shares Gain (WFC)