Morning Movers 7/23: MEDX, ISRG, SANM, AFFX, MNI, CCMP, SPF Higher; FREE, CRA, CTIC, MCO, CIT, PSUN, TEX Lower Jul 23, 2009 09:27AM

Medarex, Inc. (NASDAQ: MEDX) 89.2% HIGHER; Bristol-Myers Squibb Company (NYSE: BMY) and Medarex announced today that the companies have signed a definitive merger agreement providing for the acquisition of Medarex by Bristol-Myers Squibb, for $16.00 per share in cash. Click here for the full report.

FreeSeas Inc. (Nasdaq: FREE) 18.4% LOWER; announced the pricing of an offering of 8,731,436 shares of its common stock at $1.80 per share for gross proceeds of $15,716,585. The Company expects the offering to close on July 28, 2009. Proceeds from the offering will be used primarily for the acquisition of an additional drybulk vessel, as well as for the repayment of debt and general working capital purposes.

Celera Corporation (NYSE: CRA) 17.7% LOWER; said it expects to report revenue for the second quarter of 2009 in the range of $40 million to $42 million, below the consensus of $47.5 million. Click here ...


Morning Movers 1/26: Barclays plc (BCS) Up After Easing Concerns; Rohm and Haas (ROH) Slammed As Dow Walks Jan 26, 2009 09:50AM

StreetInsider.com Morning Movers:

Barclays plc (NYSE: BCS) 59% HIGHER; Addresses market concerns. Barclays sees "significant" pretax profits in 2008 and is not seeking any further capital raises. The company is also pushing up the reporting of 2008 financial results to Monday, 9th February.

Rohm and Haas Company (NYSE: ROH) 15% LOWER; has been advised by The Dow Chemical Company (NYSE: DOW) that Dow does not intend to close the pending acquisition of Rohm and Haas on or before Tuesday, January 27, 2009. Rohm and Haas and Dow have received all required approvals for the closing and the merger agreement requires that Dow close by such date. Rohm and Haas stated that it intends to pursue all available alternatives to protect its shareholders' interests.

Crucell N.V. (NASDAQ: CRXL) 10% LOWER; announced that Wyeth (NYSE: WYE) has withdrawn from discussions regarding a ...


Notable Analyst Rating Changes 1/25: HAL, SPWR, NOK, NYX Upgraded; T, RDS.A, CRA Downgraded Jan 25, 2008 09:10AM

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
Morgan Stanley upgrades Halliburton (NYSE: HAL) from Equalweight to Overweight. Price target $49.

Piper Jaffray upgrades SunPower Corp. (Nasdaq: SPWR) from Neutral to Buy and lowers its price target from $105 to ...