Benzinga’s News Roundup (GPRE, COF, ISIS, BHI, TIVO)
March 05, 2010 8:06 AM
Green Plains Renewable Energy Inc. (NASDAQ: GPRE) reported today that it has priced 5.5 million shares of its common stock at $13.50 per share, for proceeds of $74.3 million. Green Plains has also granted the underwriters a 30-day option to purchase up to an additional 825,000 shares to cover over-allotments. The offering is expected to close on March 10, 2010. GPRE declined 4.45% to $14.17 in the pre-market session. The 52-week trading range for GPRE is $1.16 - $17.97.
Capital One Financial Corp. (NYSE: COF) was downgraded today by Goldman Sachs from Buy to Neutral. Capital One Financial declined 2.28% to $36 in the pre-market session. The 52-week trading range for COF is $7.80 - $43.60. COF has gained 4% in the last six months. COF closed at $36.84 in the previous trading session.
ISIS Pharmaceuticals, Inc. (NASDAQ: ISIS) reported today that it has initiated a Phase 1 study of ISIS-SOD1Rx in patients with an inherited, aggressive form of Lou Gehrig's disease also known as familial amyotrophic lateral sclerosis. ISIS Pharmaceuticals closed at $8.78 in the last trading session. The 52-week trading range for ISIS is $8.59 - $18.81. In the last year, ISIS has declined over 31%.
Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for February 2010 was 1,068, up 21 from the 1,047 counted in January 2010, and up 48 from the 1,020 counted in February 2009. The international offshore rig count for February 2010 was 301, up 13 from the 288 counted in January 2010 and up 15 from the 286 counted in February 2009.
TiVo Inc. (NASDAQ: TIVO) was upgraded today by J.P. Morgan from Neutral to Overweight and the price target increased from $15 to $23. TIVO increased 6.41% to $17.58 in the pre-market session. TIVO made a new 52 week high at $16.65 in the last trading session. TIVO closed at $16.53 in the last trading session.


























