Intraday Update

Toward the end of trading Wednesday, the Dow traded up 0.69 percent to 21,458.30 while the NASDAQ climbed 1.22 percent to 6,221.81. The S&P also rose, gaining 0.89 percent to 2,440.80. Leading and Lagging Sectors Basic materials shares rose by 1.65 percent in the US market on Wednesday. Top...

Meridian Waste Solutions Inc (NASDAQ: MRDN) shares tumbled 30.9 percent to $1.66. Meridian Waste Solutions reported the pricing of its public offering. DryShips Inc. (NASDAQ: DRYS) shares dipped 19.8 percent to $2.05 after surging 9.21 percent on Tuesday. DryShips reported successful...

Spectranetics Corp (NASDAQ: SPNC) shares surged 26.2 percent to $38.38. Koninklijke Philips NV (ADR) (NYSE: PHG) announced plans to acquire Spectranetics for $38.50 per share. Chicago Bridge & Iron Company N.V. (NYSE: CBI) shares gained 11.2 percent to $22.27. CB&I reported winning...

Midway through trading Wednesday, the Dow traded up 0.63 percent to 21,445.42 while the NASDAQ climbed 0.93 percent to 6,203.79. The S&P also rose, gaining 0.75 percent to 2,437.60. Leading and Lagging Sectors Basic materials shares rose by 1.44 percent in the US market on Wednesday. Top...

Paychex, Inc. (NASDAQ: PAYX) shares are trading lower by $1.00 (2 percent) at $57.68 in Wednesday's session. The stock is in the red despite a Q4 EPS beat of a penny along with a slight sales beat. Perhaps the Street was looking for better than its FY 2018 payroll services being up more than 1-...

KB Home (NYSE: KBH) shares are trading higher by 80 cents (3.5 percent) at $23.56 on Wednesday's session. The catalyst for the rally to a four-year high is a Q2 EPS beat of 7 cents along with a strong sales beat of $72.6 million. After a flat open, KB Home tailed off but found support under...

Following the market opening Wednesday, the Dow traded up 0.47 percent to 21,411.76 while the NASDAQ climbed 0.41 percent to 6,172.09. The S&P also rose, gaining 0.57 percent to 2,433.10. Leading and Lagging Sectors Basic materials shares rose by 1.11 percent in the US market on Wednesday. Top...

General Mills, Inc. (NYSE: GIS) shares are trading higher by $1.58 (2.7 percent) at $57.10 in Wednesday's session. The catalyst for the rally is Q4 EPS beat of 2 cents along with a $60 million sales beat. At this this time, the Street is giving the company a free pass on its lower FY 2018...

Toward the end of trading Tuesday, the Dow traded down 0.15 percent to 21,378.09 while the NASDAQ declined 1.10 percent to 6,178.40. The S&P also fell, dropping 0.41 percent to 2,429.16. Leading and Lagging Sectors Energy shares rose by 0.46 percent in the US market on Tuesday. Top gainers in...

Ra Pharmaceuticals Inc (NASDAQ: RARX) shares dipped 22 percent to $17.30 after the company issued updates on Phase 2 trial of RA101495. Xenon Pharmaceuticals Inc (NASDAQ: XENE) shares dropped 20.6 percent to $3.02 after the company reported results from Phase II study of TV-45070 in patients...

Avenue Therapeutics Inc (NASDAQ: ATXI) shares gained 32 percent to $7.92. Avenue Therapeutics priced its 5.5 million share IPO at $6.00 per share. Chicago Bridge & Iron Company N.V. (NYSE: CBI) shares surged 19.2 percent to $17.16. Delaware Supreme Court ruled in favor of Chicago Bridge...

Midway through trading Tuesday, the Dow traded up 0.10 percent to 21,430.46 while the NASDAQ declined 0.29 percent to 6,228.91. The S&P also rose, gaining 0.03 percent to 2,439.75. Leading and Lagging Sectors Energy shares rose by 0.67 percent in the US market on Tuesday. Top gainers in the...

Alder Biopharmaceuticals Inc (NASDAQ: ALDR) shares are trading lower by $3.85 (17 percent) at $14.85 in Tuesday's session. The catalyst for the decline is the inconclusive results from its Promise 1 Phase 3 trial of Eptinezumab, the company's lead product for migration prevention. Although...

Sprint Corp (NYSE: S) shares are trading higher by 44 cents (5.5 percent) at $8.45 in Tuesday's session. At this time, it appears the company has sidelined any potential merger discussions with T-Mobile (NASDAQ: TMUS) and is now in talks with Comcast Corporation (NASDAQ: CMCSA). After a higher...

Darden Restaurants, Inc. (NYSE: DRI) shares are trading higher by $4.50 (5.2 percent) at $94.58 in Tuesday's session. The catalyst for the rally is an adjusted Q4 EPS beat of 3 cents along with a sales beat of $60 million. After a much higher open right at its former all-time high of $93.02, it...