Pre-Open Movers 9/4: (MRX) (VRX) (STEM) Higher; (DDMG) (WLT) (ANR) Lower (more...)

Go back to Pre-Open Movers 9/4: (MRX) (VRX) (STEM) Higher; (DDMG) (WLT) (ANR) Lower (more...)

NTS Realty Holdings (NLP) Gets $5.25/Share 'Go Private' Offer from Founder Nichols, CFO Lavin

September 4, 2012 9:23 AM EDT

NTS Realty Holdings Limited Partnership (AMEX: NLP) announced that the board of directors of its managing general partner, NTS Realty Capital, Inc., received a non-binding proposal from NTS' founder and Chairman, Mr. J.D. Nichols and Mr. Brian F. Lavin, its Chief Executive Officer, for a going private transaction. The proposal contemplates the acquisition of all of the... More

Simple Meal Sales Push Campbell (CPB) to Q4 Beat; Issues Positive FY13 Outlook

September 4, 2012 8:24 AM EDT

Campbell Soup (NYSE: CPB) shares are piping-hot ahead of the opening bell Tuesday, following a fourth-quarter earnings beat and solid outlook for 2013.

Sales for the venerable soup giant rose 0.4 percent to $1.613 billion, from $1.607 billion in the same period last year.

Net... More

StemCells (STEM) Reports Positive Data from HuCNS-SC Phase I/II; Says Sensory Gains 'Considerable'

September 4, 2012 7:59 AM EDT

StemCells, Inc. (Nasdaq: STEM) announced that interim six-month data from the first patient cohort in the Company's Phase I/II clinical trial of its proprietary HuCNS-SC product candidate (purified human neural stem cells) for chronic spinal cord injury continues to demonstrate a favorable safety profile, and shows considerable gains in sensory function in two of the three patients compared to pre-transplant baselines. The third patient... More

Questcor (QCOR) Surges on Positive Medicaid Rebate News

September 4, 2012 7:56 AM EDT

Shares of Questcor Pharmacueticals, Inc. (NASDAQ: QCOR) are rocking in pre-open trading Tuesday following an update on regarding its Medicaid rebate position related to Acthar Gel.

The government has informed the Company that Acthar is eligible for a lower Medicaid... More

Dahlman Rose Downgrades Walter Energy (WLT) to Hold; Most Heavily Exposed

September 4, 2012 7:50 AM EDT

Dahlman Rose downgraded Walter Energy (NYSE: WLT) from Buy to Hold.

Analyst, Daniel Scott, said, "Walter is far and away the most heavily exposed met name in our group, with 9.6 million tons of premium quality met sales in 2013 and 3.0 million tons of... More

Dahlman Rose Downgrades Alpha Natural Resources (ANR) to Hold; Lack of Upside From Weak Met Market

September 4, 2012 7:47 AM EDT

Dahlman Rose downgraded Alpha Natural Resources (NYSE: ANR) from Buy to Hold.

Analyst, Daniel Scott, said, "We expect Alpha to take off about a million tons of met production, to 23 million tons from 24 million tons, in 2013 from its highest cost... More

Dahlman Rose Downgrades Peabody Energy (BTU) to Hold; Met Coal Outlook Continues to Dim

September 4, 2012 7:44 AM EDT

Dahlman Rose downgraded Peabody Energy (NYSE: BTU) from Buy to Hold.

Analyst, Daniel Scott, said, "Peabody has a strong balance sheet and is heavily diversified with stable, low-cost thermal operations in the Powder River Basin. We downgrade to Hold based on a lack... More

Campbell Soup Co. (CPB) Tops Q4 EPS by 3c; Guides FY13 EPS, Revs

September 4, 2012 7:31 AM EDT

Campbell Soup Co. (NYSE: CPB) reported Q4 EPS of $0.41, $0.03 better than the analyst estimate of $0.38. Revenue for the quarter came in at $1.61 billion versus the consensus estimate of $1.6 billion.

Campbell Soup Co. sees FY2013 EPS of $2.51-2.57, versus the consensus of $2.52. In fiscal 2013,... More

Goldman Sachs Upgrades GameStop (GME) to Buy, Sees 31% Upside

September 4, 2012 7:23 AM EDT

Goldman Sachs upgraded GameStop (NYSE: GME) from Neutral to Buy with a price target of $25.00 (from $20.00), suggesting 31 percent upside.

The firm said while significant secular concerns are factored into the current multiple, 2013 EPS estimates are 14 percent lower. They sees 2013 upside due to: (1) an... More

UPDATE: JPMorgan Upgrades TiVo (TIVO) to Overweight, Sees Immediately Catalysts

September 4, 2012 6:59 AM EDT

(Updated - September 4, 2012 1:55 PM EDT)

Shares of TiVo (NASDAQ: TIVO) are bucking the broader market weakness Tuesday following a convincing upgrade of the DVR company.

JPMorgan upgraded TiVo (NASDAQ: TIVO) from Neutral to Overweight with a price target of $13.00. The firm... More

Valeant (VRX) to Acquire Medicis (MRX) to $44/Share; Deal Valued at $2.6B

September 4, 2012 6:29 AM EDT

Valeant Pharmaceuticals International, Inc. (NYSE: VRX: VRX) and Medicis Pharmaceutical Corporation (NYSE: MRX) entered into a definitive agreement under which Valeant will acquire all of the outstanding common stock of Medicis for $44.00 per share in cash.

The transaction, which values Medicis' common stock at approximately $2.6 billion, was unanimously approved by the Boards of Directors of both... More

Heckmann (HEK) to Acquire Badlands Energy's Power Fuels Unit in Cash, Stock Deal

September 4, 2012 6:26 AM EDT

Heckmann (NYSE: HEK) has entered into a definitive agreement with Mark Johnsrud, founder and owner of Badlands Energy, LLC, a North Dakota limited liability company doing business as Power Fuels, to merge with Power Fuels, a privately held North Dakota-based environmental services provider focused on the transportation, treatment, recycling, and disposal of fluids at Power Fuels sites.

Power Fuels is the largest environmental services company in the Bakken Shale basin, a premier unconventional... More