Question-and-Answer Session Operator Operator Instructions There are no questions at this time. Ofer Gneezy Thank you all for attending this call. We appreciate your ongoing support. Operator This concludes the conference call. Thank you for your participation today. You...
Origin Agritech Ltd. (SEED), ARCA Biopharma, Inc. (ABIO), and iBasis, Inc. (IBAS) are three featured story stocks as the markets began the week on a positive note.
Featured Story Stocks
Origin Agritech Ltd. (SEED) – Shares of the Chinese crop seed company nearly doubled after it announced final approval of the world’s first genetically modified phytase corn. [...]
KPN, a Dutch telecom group, impoved its terms for the takeover of wholesale voice provider iBasis. KPN made its final offer for 44 percent of IBasis shares for $3 a share in cash. This represented an increase from its original $2.25 a share offer it made last...
Theflyonthewall.com is Wall Street's specialist in breaking equity news. Veteran traders build a proprietary feed of news that's faster and more relevant than any other source. Try us for free and discover for yourself.
The markets opened higher with the Dow soaring 144 points to 10,462 as October home sales climbed more than expected to a 2 1/2 year high. Nasdaq surged 37 points to 2183.
Among the shares expected to see active trade in Monday's session are the oil companies as well as Cadbury, iBasis, LDK Solar, J.M. Smucker, Tech Data, Terra, Tyson Foods, and TowerJazz.
Each week I track which stocks are moving in and out of the top 25 Magic Formula Stocks for companies with a minimum market cap of 50 and 2000 billion. Here are the moves for the week ended 10-26-08:
Top 25/50 Million:
In:
China 3C Group (CHCG.OB)
EMCOR Group, Inc (EME)
Korn/Ferry International (KFY)
United Online, Inc. (UNTD_
iBasis (IBAS)
Out:
Biovail (BVF)
BroadVision, [...]
Major indices closed this quarter here the details:
Nasdaq 0,9%
Dow Jones 0,2%
S&P 500 0,5%
Here The Weekly Movers:
GAINERS
HSW International, Inc.
(HSWI) AMREP Corporation
(AXR) Miramar Mining Corporation
(MNG) eLong, Inc.
(LONG) LJ International, Inc.
(JADE) U.S. Global Investors, Inc.
(GROW)
LOSERS
Norsk Hydro ASA
(NHY) Edge Petroleum Corp.
(EPEX) KMG Chemicals, Inc.
(KMGB) iBasis, Inc.
(IBAS) Tuesday Morning Corporation
(TUES) The PMI Group, Inc.
(PMI)
Get daily news and insights for the advertising, automotive, energy, financial services, food, health care, media, pharmaceutical, retail, technology, and travel industries.
