Johnson & Johnson Inc. (NYSE: JNJ) today announced its acquisition deal with Synthes, which is considered to be the biggest acquisition ever made by the healthcare products manufacturer. The company reported that the deal is expected to dilute Johnson & Johnson’s adjusted EPS in 2012. The deal has been approved by the boards of directors [...]
Articles published by stockslanga
FITT Highway Products Initiates Testing of New Energy Drinks
FITT Highway Products Inc. (OTC: FHWY) shares spiked more than 22% today, still reeling from the company’s recent announcement it has started a new medical study that intends to assess the effects of its energy shot FITT Energy in conjunction with Resveratrol on blood pressure. It will then compare the results with other major competitors. [...]
Baidu.com Faces the Anti-Monopoly Investigation
Baidu.com Inc. (ADR) (NASDAQ: BIDU) is expected to release its financial results for the first quarter ended March 31, 2011, after the U.S. market closes on April 27, 2011. Recently, Hudong.com filed an anti-monopoly investigation against Baidu.com. Hudong.com submitted an application to the State Administration for Industry and Commerce of the People’s Republic of China [...]
Biotech Hot Stock; Dendreon Review
Dendreon Corporation (NASDAQ: DNDN) spiked more than 5% today, moving on bullish sentiment ahead of the biotechnology company’s first-quarter earnings slated for release on May 2, 2011. The stock is also fueled by biotech industry momentum from news President Obama is bringing healthcare reform back to the bargain table. Dendreon is a biotechnology company focusing [...]
Encounter Technologies soares 75% on Talks with Pegasus Tel
Encounter Technologies Inc. (OTC: ENTI) shares soared 75% after the company announced that it is in the process of holding strategic talks with Pegasus Tel Inc. As a result of these talks, the company’s director Anthony DiBiase has been appointed as its CEO. Pegasus Tel will also acquire Encounter Technologies’ Music Matrix Web site. Encounter [...]
Finance Stock Review; Huntington Bancshares on the Rise
Huntington Bancshares Inc. (NASDAQ: HBAN) trading surged today on the news of higher estimates for real gross domestic product growth for the fourth quarter. The projection has been provided by the U.S. Commerce Department. According to the report, regional banks such as Huntington Bancshares performed well. The report also stated that the U.S. economy increased [...]
Stock Alert – Valeant Pharmaceuticals spikes on Unsolicited $5.7B Bid for Cephalon
Valeant Pharmaceuticals International (NYSE: VRX) shares spiked more than 10% surrounding word of its hostile take-over bid for Cephalon Inc. (Nasdaq: CEPH) at $5.7 billion. The company is planning to forward the case directly to the shareholders of Cephalon and is also planning to propose a roster of its own director nominees for replacing Cephalon’s [...]
Hot Stock Alert – Writer’s Group Film’s Metallica Concert Footage drives +90% Gains
Writer’s Group Film Corp. (PINK: WRITD) announced the purchase of several hours of Metallica 3D & 2D concert video footage for distribution by its wholly owned subsidiary, Front Row Network, a company focused on concert production and distribution. The purchased 2D 1080p footage will be converted into 3D for additional distribution. Metallica is one of [...]
Cheap Stock Spotlight; Sirius Review
Sirius XM Radio Inc. (NASDAQ: SIRI) shares rallied to close at $1.71 today. The company last week announced that it has launched its new Internet app specifically optimized for use on Apple’s (Nasdaq: AAPL) iPad. The company also said that the enhanced version is now available for download from iTunes store. The app is designed [...]
Electronics Stock on Watch; Zagg announces Full-Year Results
Zagg Inc. (NASDAQ: ZAGG) reported its full fiscal year and fourth-quarter results yesterday, posting a 157% revenue increase on year over year basis to reach $29.3 million figure. The revenue for the quarter was up 27% sequentially. The company’s adjusted EBITDA for the quarter stood at $6.6 million or $0.27 per share, up 281% over [...]
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