The Clorox Company (NYSE: CLX) recently rejected the unsolicited, condition proposal from Carl Icahn’s Icahn Enterprises L.P. to acquire the company for $76.50 per share. The Clorox board unanimously determined Icahn’s unsolicited proposal as neither credible nor adequate. In a response letter to Icahn, the company said that it thoroughly evaluated the offer with the help of [...]
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Nasdaq in the Green; Omega to Stay on Course under Chapter 11 Process
Our members continue to see big gains since we originally called this one. Be sure to sign up today! Shares of Omega Navigation Enterprises Inc. (NASDAQ: ONAV), an owner and operator of a fleet of product tankers, are soaring in today’s trading after the company announced that it obtained requested relief from a U.S. court [...]
Hot Stock Portage at it again; Shares leap on Acquisition News
Shares of Peru-based Portage Resources Inc. (PINK: POTG) shot up more than 9% today, triggered by news the company has entered into negotiations to acquire a mining concession close to the Antamina Mine located in the Ancash Region, one of the ten largest mines in the world in terms of operating volume. Concession is spread [...]
Kunekt inks Deals with Chinese Companies, curtails from Triple-digit Gains
Shares of Kunekt Corp. (PINK: KNKT) plummeted more than 18% this morning, turning from the more than 175% gains made in the last five trading days. The development-stage designer and manufacturer of mobile devices yesterday announced that it entered into a number of agreements with Chinese companies, which sparked gains of 95% in yesterday’s trade. The [...]
Market Buzz; China May Discuss Stock Probes with U.S.
In recent months, a number of Chinese companies trading in the U.S. markets, including Sino-Forest Corp. (PINK: SNOFF), China MediaExpress Holdings Inc. (PINK: CCME) and China-Biotics Inc. (NASDAQ: CHBT) among others, have come under intense scrutiny for accounting irregularities, reflecting increased concern over the legitimacy of Chinese reverse mergers. Certain investment firms, some of which [...]
NYSE Stock Leader: Monsanto Q3 Performance lifts Shares
Agchem company Monsanto (NYSE: MON) yesterday released its third-quarter financial results, boosting the company’s shares, which continued to climb this morning. In the last month, shares of Monsanto have slipped more than 7%, though yesterday’s 5% gains brought the stock nearly even. For the third quarter of fiscal 2011, Monsanto reported a profit of $680 million, [...]
Biotech Stock Leader; Pfizer Buzz sends Icagen Shares Skyrocketing
Our members are up big again in this stock today – sign up now! Shares of Icagen Inc. (NASDAQ: ICGN) skyrocketed more than 125% in today’s trading after Pfizer Inc. (NYSE: PFE) said in a SEC filing on Friday that it is studying the possibility of entering into a strategic transaction with Icagen. In response to [...]
Top 3 Airline Stocks soar after Crude Oil Prices Fall Sharply
Airline stocks are seeing a huge rally in today’s trading, following a sharp decline in oil prices. Crude oil prices are falling after the International Energy Agency (IEA) said in Paris today that its members, including the U.S., will release 60 million barrels from strategic reserves to ease oil prices. Oil prices have risen sharply [...]
Texas Oil Company Harvest Natural Resources surges on West Africa News
Shares of Harvest Natural Resources Inc. (NYSE: HNR), a Houston, Texas-based international exploration and production company, are soaring in today’s trading after the company announced that it discovered oil in the pre-salt offshore Gabon, West Africa. The company said that it encountered oil in the wildcat well Dussafu Ruche Marin-1 drilled in the Dussafu Marin [...]
Small-cap climbs despite Profit slip; Analogic Q3 Review
Many of our members are making huge gains on this stock since our first alert – sign up today! Shares of technology company Analogic Corp. (NASDAQ: ALOG) are climbing more than 3% in today’s trading, moving on the company’s third-quarter financial results. Analogic reported third-quarter revenue of $117.2 million, representing an increase of 11% over [...]
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Hot Stock Ideas
You Can Lead Traders To Water… But They’re Drinking DEEP On WTII!
Good morning! With Water Technologies International, Inc. (WTII) traders have a once-in-a-lifetime chance here to trade what is essentially a virgin ticker since this one only recently started trading hands. That’s because for all practical purposes, some extremely market-friendly NEWS on Friday blew away everything on the WTII chart to date. WTII volume has...
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