Pre-Open Movers 9/2: Sciele Pharma (SCRX) Higher On Buyout; Airlines (DAL, AMR, LCC, etc.) Up On Drop in Crude
More News related to AAI
- AirTran Airways (AAI) Reports Decline in November Traffic
- AirTran Airways Reports November Traffic
- Book a Present for Yourself with AirTran Airways' New Super Sale
- AirTran Airways CEO To Speak at Credit Suisse Global Airlines Conference
- Book Now with AirTran Airways' 24-Hour Early Turkey Super Sale
More News related to AAPL
- David Moenning's Daily State of the Markets: 12/01
- Analysts Weigh-In On Apple's (AAPL) Black Friday Results
- Apple (AAPL) Has A Special 1-Day Black Friday Sale
- RIM Weighs on Nasdaq; Gives Up Gains Following Storm Launch
- EMG Technology Files Patent Infringement Lawsuit against Apple
More News related to ALK
- Matrix Lighthouse Rating Changes 11/28
- Horizon Air's New Schedules Boost Connections, Convenience
- Alaska Air Group to Webcast Presentation at Credit Suisse Global Airline Conference
- Alaska Airlines Vacations Announces 'Kids Fly Free to Disneyland Resort'
- Delta Air Lines, Alaska Air Group Announce Expanded Marketing Alliance
More News related to Special Reports
- BMO Upgrades Spectrum Brands (SPC) to Market Perform
- Maxim Upgrades Palomar Medical (PMTI) to Buy
- RBC Capital Upgrades DSP Group (DSPG) to Sector Perform
- UBS Upgrades Morgans Hotel Group (MHGC) to Buy
- Janney Montgomery Scott Upgrades Wright Express Corp (WXS) to Buy.
StreetInsider.com Pre-Open Movers:
Sciele Pharma, Inc. (NASDAQ: SCRX) 58% HIGHER; entered into a definitive agreement to be acquied by Shionogi & Co., Ltd. at a price of $31 per share, for a total equity purchase price of approximately $1.1 billion.
Delta Air Lines (NYSE: DAL) 14% HIGHER; Airlines are higher on today's $7 drop in Crude after Hurricane Gustav was much less severe than expected. Other airlines: Northwest Airlines (NYSE: NWA), UAL Corp (NYSE: UAUA), AMR (NYSE: AMR), AirTran Holdings (NYSE: AAI), Continental Airlines (NYSE: CAL), Southwest Airlines (NYSE: LUV), Alaska Air (NYSE: ALK), US Airways Group, Inc. (NYSE: LCC).
Lehman Brothers (NYSE: LEH) 7% HIGHER; Korea Development Bank confirmed it is in talks to invest in Lehman Brothers, following weeks of speculation.
Eagle Test Systems, Inc. (NASDAQ: EGLT) 6% HIGHER; Teradyne, Inc. (NYSE: TER) signed a definitive agreement to acquire Eagle Test Systems, Inc. for $15.65 per share in cash. Shares of Eagle Test Systems closed at $14.18/share on Friday.
Palm (Nasdaq: PALM) 5% HIGHER; Cowen & Co. initiates coverage on Palm with an Outperform rating.
Priceline.com (Nasdaq: PCLN) 3.5% HIGHER; Credit Suisse Upgrades Priceline.com from Neutral to Outperform.
Chesapeake Energy Corp. (NYSE: CHK) 3% LOWER; Big drop in Natural Gas after Hurricane Gustav was much less severe than expected.
AMAG Pharmaceuticals (Nasdaq: AMAG) 3% HIGHER; Needham & Co. initiates coverage on AMAG Pharmaceuticals with a Buy. Price target $80.
Apple (Nasdaq: AAPL) 1.5% HIGHER; Piper Jaffray Adds Apple to Alpha List; Reiterates Buy
International Shipholding Corporation (NYSE: ISH) INDICATED HIGHER; Liberty Shipping Group LLC sent a letter to the International Shipholding Corporation Board of Directors proposing to acquire all of the outstanding shares of International Shipholding common stock for $25.75 per share in cash.
Related Categories
Special ReportsStocks Mentioned
+0.04
-1.08Related Entities
- Credit Suisse
- Piper Jaffray
- Piper Jaffray Alpha List
- Lehman Brothers
- Needham & Co
- Cowen & Co
- Crude Oil
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
