After-Hours Movers 9/15: Targacept (TRGT) Sinks After Drug Fails; Merrill (MER) Trades Up
StreetInsider.com After-Hours Movers:
Targacept (NASDAQ: TRGT) 40% LOWER; AstraZeneca (AZN) and Targacept (TRGT) Announce from Phase 2b Study of AZD3480 Did Not Meet Criteria
Synthesis Energy Systems (Nasdaq: SYMX) 9% LOWER; reports a Q4 loss of $0.32, versus the analyst estimate of ($0.20). Revenues for the quarter were $288K, versus the consensus of $250K.
Synovus Financial Corp. (NYSE: SNV) 4.5% LOWER; Fitch lowers rating, outlook negative.
Merrill Lynch (NYSE: MER) 2.9% HIGHER; Buyout partner BofA trades up after-hours. There was a 25% spread on the deal at the close.
Bank of America (NYSE: BAC) 1.7% HIGHER; Bounces after today's 21% drop.
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