Stifel Nicolaus today upgraded ANADIGICS Inc. (NASDAQ: ANAD) from Hold to Buy rating. The price target for the ANADIGICS stock has been set at $5.50. Stifel Nicolaus expects the company’s earnings to beat Street estimates in the near-term. The consensus recommendation on the ANADIGICS stock is Outperform. Currently, the stock has 3 Buy ratings against [...]

The gold price hit a record high in U.S. dollars, reaching an intraday high of $1,252 in early trading on the NYMEX, Tuesday, before closing at $1,245.  Gold continues its march higher despite analysts’ concerns of its recent move higher to be overextended, while some analysts call the gold market an outright “bubble.” Other analysts [...]

Medical Nutrition USA Inc. (NASDAQ: MDNU) recently entered into a definitive merger agreement with Danone North America Inc., in which Danone will buy all outstanding shares of Medical Nutrition for $4 per share in cash. According to the agreement, a wholly owned subsidiary of Danone will merge into Medical Nutrition, with Medical Nutrition as the [...]

RadioShack Corporation (RSH) Up on Takeover Rumors Shares of RadioShack Corporation (NYSE: RSH) jumped more than 5% in today’s trading. The stock reached a high of $22.49 in trading. At last check, it was up 3.91% to $21.27, with volume at 3.28 million in mid-day trading. Fort Worth, Texas-based RadioShack retails consumer electronic goods and [...]

Shares of Cisco Systems Inc. (NASDAQ: CSCO) saw huge activity in today’s trading. The stock closed 0.77% higher on above average volume of 88.19 million. It reached a high of $23.51 in trading. The stock was active in after-hours trading with volume at 864,802. On Thursday, Cisco announced its intent to buy CoreOptics, a privately [...]

By Dominique de Kevelioc, de Bailleul Beacon Contributing Writer As of 4:39 a.m. EST of April 28, the yield on two-year Greek government note reach a frightening 20.8 percent, after the yield spiked 505 basis points to 18.99 percent on news of Standard & Poor’s downgrade of Greece debt to junk status less than a [...]

ETOTALSOURCE INC (ETLS.PK) has an authorized share structure (A/S) of 300 Million which is maxed out(i.e.no more dilution), an outstanding share count(O/S) of 299 million shares, and a float of about 198 million shares. Unlike other pinksheet stocks that have an authorized structure in excess of 3 billion shares. ETOTALSOURCE INC (ETLS.PK) insiders purchased 102m [...]

–Evidence Mounts for Strong Rebound in Corporate IT Spending Further evidence of renewed corporate IT spending came earlier this week following the announcement of storage system and chip maker LSI Corporation (NYSE: LSI), that said it sees a strong rebound in enterprise IT orders, raising its guidance for the first quarter. The Milpitas, Calif.-based company [...]