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NASDAQ Market News

Google fails to make fresh Himax investment but remains Glass partners

21 Oct 2014 @ 22:57
Google Chooses Not to Exercise Its Investment Option, but Himax and Google to Remain Strategic Partners on Google Glass Himax Technologies, Inc. (Nasdaq:HIMX), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced that Google Inc. has decided not to exercise its previously issued purchase option to make an additional investment into...

Tesla Better for Buy and Hold

16 Oct 2014 @ 20:12
It was big news for some this morning that the Tesla share price (NASDAQ:TSLA) opened lower for the second day in a row. Personally, I find it bigger news that it is now almost 2:30 p.m. on the U.S. eastern seaboard and TSLA has already climbed back to 229.63, nearly to yesterday’s close of 229.70, although, at the moment it is experiencing a modest tapering. Tesla is the kind of stock...

Beware of the VIX "Fear Index"

15 Oct 2014 @ 21:26
The VIX Index, more commonly referred to as the Fear Index has begun to make investors (more) nervous this week. On Monday, 13 October, Erin Gibbs of S&P Capital told CNBC that, essentially, anxious investors need to remain calm because “Volatility is still within normal levels,” even though fellow commentator Todd Gordon warned that if the VIX surged upward past 20, investor...

Wintrust Financial to acquire Delavan Bancshares?

14 Oct 2014 @ 21:29
Yes. Wintrust Financial Corporation (Nasdaq:WTFC) today announced the signing of a definitive agreement to acquire Delavan Bancshares, Inc. Delavan is the parent company of Community Bank CBD, a Wisconsin state chartered bank, which operates four banking locations in southeastern Wisconsin. Since its formation in 1996, CBD has an exemplary history of serving its community. As of September 30...

SternoCandleLamp acquires Compass?

13 Oct 2014 @ 23:23
Will it light up investor’s portfolios? SternoCandleLamp (SCL) is pleased to announce it has been acquired by Compass Diversified Holdings (NYSE:CODI), an owner of leading middle market businesses. Unlike many traditional private equity firms, CODI maintains a longer term outlook as to the ownership of businesses where such an outlook is required to maximize stakeholder interests. Westar...

Sucampo settles AMITIZA patent litigation

12 Oct 2014 @ 10:53
Company Receives Additional Paragraph IV Notice Sucampo Pharmaceuticals, Inc. (Sucampo) (Nasdaq:SCMP), a global biopharmaceutical company, today announced that Sucampo, R-Tech Ueno, Ltd. (RTU), Takeda Pharmaceutical Company Limited (Takeda) and certain affiliates of Takeda have entered into a settlement and license agreement with Anchen Pharmaceuticals, Inc., Par Pharmaceutical, Inc., and Par...

LMI Aerospace reshuffles management deck

12 Oct 2014 @ 10:45
LMI Aerospace, Inc. (Nasdaq:LMIA), a leading aerostructures and engineering services provider to the commercial, business and regional, and military aerospace, today announced that Vice President of Human Resources & Organizational Development, Cynthia G. Maness, will be leaving the company effective December 23, 2014. Announces key management change Maness has been with LMI for over 23...

EBay Stock Finds Support as the Price Rallies

09 Oct 2014 @ 10:46
EBay stock (NASDAQ:EBAY) has found support around the EMA 200, as a potential death cross was averted and the price rallies from there. The price gapped up seriously at the end of September 2014, and it later dropped. But the price has turned upwards after testing the EMA 200, which acts as a great support for bullish effort. In the chart, 4 EMAs are actually used and they are the EMAs 10, 20...

Coronado Biosciences forms subsidiary to license products

08 Oct 2014 @ 23:03
Goal is to “aggregate a strong line of dermatologics” Coronado Biosciences, Inc. (Nasdaq:CNDO) has formed a wholly owned subsidiary, Journey Medical Corporation (JMC), to acquire and license dermatology products. Under the leadership of Claude Maraoui, CEO, JMC will begin building a portfolio of dermatological assets focused on acne, steroid responsive dermatoses, pigmentation and...

Cooper Companies acquire EndoSee

08 Oct 2014 @ 23:01
Worth $44m The Cooper Companies, Inc. (NYSE:COO) today announced that CooperSurgical, its women’s healthcare unit, has acquired EndoSee Corporation, a developer of an office-based disposable hysteroscopy system. The transaction is valued at approximately $44 million and is expected to be neutral to fiscal 2015 earnings per share excluding one-time charges and deal-related amortization...
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