Market Overview

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Jay Wong

Benzinga Staff Writer

03/14/2012 - 2:24pm
Today, shares of Amarin (NASDAQ: AMRN) are up 16% after Leerink Swann analyst Joseph Schwartz released a note stating that the company's progress on obtaining a patent for AMR101 make the company a ta...
03/08/2012 - 1:57pm
Today, Johnson & Johnson (NYSE: JNJ) stated that its prostate cancer pill Zytiga improved survival in a pre-chemo trial and delayed the progression of cancer in patients who had yet to begin chemo...
03/06/2012 - 2:14pm
Today, Dendreon (NASDAQ: DNDN) CEO John Johnson appeared on CNBC to discuss the company's flagship drug Provenge and its future prospects. Provenge is a revolutionary treatment for prostate cancer th...
02/23/2012 - 2:26pm
Today, shares of Vivus (NASDAQ: VVUS) nearly doubled after an FDA panel voted 20-2 to recommend approval of the company's weight loss drug Qnexa. The drug has come a long way from its previous panel...
02/13/2012 - 11:47am
MSG, NKE, TWC
Today, shares of Madison Square Garden (NASDAQ: MSG) are up 6% after the New York Knicks recorded their fifth consecutive victory Saturday night. The team has been energized by the play of young poin...
02/02/2012 - 2:30pm
Today, retailer Abercrombie & Fitch (NYSE: ANF) stated that it expected its Q4 earnings to disappoint as holiday sales of its merchandise narrowed profit margins. The stock fell nearly 11% as the...
02/01/2012 - 2:20pm
AZO, F, GM, MSFT, ORLY
Today, Ford (NYSE: F) announced that January vehicle sales increased 7.3% year over year, as gains were driven by the popularity of its Focus and Escape models. Ford sales have grown consistently ove...
01/30/2012 - 1:56pm
AAP, AZO, BAC, F, GM, ORLY, PBY
Today, Pep Boys (NYSE: PBY) announced that it would go private, agreeing to be acquired by Gores Group LLC for $15 per share, or $791 million.
01/27/2012 - 2:09pm
DD, DOW, EMN, IP, MWV, SOA
Today, Eastman Chemical (NYSE: EMN) announced that it would acquire Solutia (NYSE: SOA) for $3.4 billion in cash and stock. Solutia is a producer of chemicals for various products including electroni...
01/25/2012 - 1:39pm
Today, pharmaceutical giant Roche announced a hostile takeover bid for Illumina (NASDAQ: ILMN) worth $5.7 billion in cash, or $44.50 per share. Many financial analysts believed the offer to be light,...
01/24/2012 - 2:22pm
COH, RL, TIF
Today, Coach (NYSE: COH) announced a very positive earnings report, as its Q2 EPS came in at $1.18, a beat over analyst estimates of $1.15. The company also reported revenues of $1.45B vs a $1.43B es...
01/23/2012 - 3:35pm
AAPL, JCP, KSS, M, MSO, SHLD
Today, a NY Post report stated that JC Penney (NYSE: JCP) planned to lay off thousands of workers. The layoffs are targeted at workers who typically retag and re-price merchandise.
01/18/2012 - 2:00pm
Target (NYSE: TGT) announced today that it would delay its attempt to sell its credit card portfolio. The company had announced a year ago that it had hired an advisor to assist in the spinoff of $6....
01/11/2012 - 1:35pm
AMR, BA, DAL, LCC, LFL, LUV, UAL, ZNH
Today, a report from the Wall Street Journal noted that dozens of flights from Europe to the US East Coast have been forced to make nonscheduled stops to refuel.

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