Market Overview

Stocks To Watch For December 28, 2012

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Some of the stocks that may grab investor focus today are:

Synchronoss Technologies (NASDAQ: SNCR) reported that it had bought NewBay from Research in Motion (NASDAQ: RIMM) for $55.5 million. Synchronoss shares dropped 0.49% to close at $20.49 yesterday, while Research in Motion shares rose 0.43% to $11.81 in after-hours trading.

MEMC Electronic Materials (NYSE: WFR) reported that Emmanuel Hernandez will replace John Marren as the company's new chairman. MEMC shares fell 2.84% to close at $3.08 yesterday.

Cepheid (NASDAQ: CPHD) reported that it has received clearance from the US FDA to market Xpert® CT/NG. Cepheid shares rose 0.92% to $33.00 in after-hours trading.

Prologis (NYSE: PLD) reported that co-CEO Walter C. Rakowich will retire on December 31, 2012. Prologis shares gained 0.58% to close at $36.28 yesterday.

Omeros (NASDAQ: OMER) reported that its drug candidate for patients undergoing arthroscopic partial meniscectomy surgery did not meet some of its main goal in a late-stage trial. Omeros shares tumbled 9.25% to $5.30 in after-hours trading.

Posted-In: Stocks To WatchNews FDA Management M&A Pre-Market Outlook Markets Trading Ideas

 

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