BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Closing Bell: A win or a head-scratcher? (CSCO, ADBE, BIDU, SVNT, ETFC, FDX, STSI, YGE)]]>http://www.bloggingstocks.com/2009/06/17/closing-bell-a-win-or-a-head-scratcher-csco-adbe-bidu-svnt/http://www.bloggingstocks.com/2009/06/17/closing-bell-a-win-or-a-head-scratcher-csco-adbe-bidu-svnt/http://www.bloggingstocks.com/2009/06/17/closing-bell-a-win-or-a-head-scratcher-csco-adbe-bidu-svnt/#commentsFiled under: , , ,

Today had all the earmarks in line for another solid day of sell-offs, yet the markets held ground considering the tone this morning. The good news was low inflation, the lowest in over 50 years.

But agriculture stocks were hammered on overseas competitive news about weak pricing and demand. Then came a banking downgrade from the S&P playing catch-up. Despite the mixed performance at the end of the day, this felt like a win. Here are the unofficial closing bell levels:

DJIA: 8,497.18 (-7.49)
S&P 500: 910. 71 (-1.26)
NASDAQ: 1,808.06 (+11.88)

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Continue reading Closing Bell: A win or a head-scratcher? (CSCO, ADBE, BIDU, SVNT, ETFC, FDX, STSI, YGE)

Closing Bell: A win or a head-scratcher? (CSCO, ADBE, BIDU, SVNT, ETFC, FDX, STSI, YGE) originally appeared on BloggingStocks on Wed, 17 Jun 2009 16:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ADBEBIDUCSCOETFCFDXSTSISVNTYGEWed, 17 Jun 2009 16:10:00 EST<![CDATA[Reynold's American (RAI) wins patent dispute]]>http://www.bloggingstocks.com/2009/06/17/reynolds-american-rai-wins-patent-dispute/http://www.bloggingstocks.com/2009/06/17/reynolds-american-rai-wins-patent-dispute/http://www.bloggingstocks.com/2009/06/17/reynolds-american-rai-wins-patent-dispute/#commentsFiled under: , , ,

RAI logoReynolds American (NYSE: RAI - option chain) shares are rising today after a federal jury ruled that the company did not infringe upon Star Scientific Inc.'s (NASDAQ: STSI) patents regarding a method to reduce cancer-causing toxins in tobacco. The jury determined the two STSI patents at issue were not valid. STSI is expected to file an appeal. If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on RAI.

RAI opened this morning at $37.03. So far today the stock has hit a low of $36.86 and a high of $37.97. As of 12:20, RAI is trading at $37.29 up.96 cents(2.6%). The chart for RAI looks neutral and S&P gives RAI a neutral 3 STARS (out of 5) hold ranking.

Continue reading Reynold's American (RAI) wins patent dispute

Reynold's American (RAI) wins patent dispute originally appeared on BloggingStocks on Wed, 17 Jun 2009 12:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>inthenewsinvestors observerInvestorsObserveroptionspatentRAIreynoldsamericanStar ScientificStarScientificSTSIWed, 17 Jun 2009 12:50:00 EST<![CDATA[Star Scientific court decisions due tomorrow]]>http://www.bloggingstocks.com/2007/01/18/star-scientific-court-decisions-due-tomorrow/http://www.bloggingstocks.com/2007/01/18/star-scientific-court-decisions-due-tomorrow/http://www.bloggingstocks.com/2007/01/18/star-scientific-court-decisions-due-tomorrow/#commentsFiled under:

According to a Dow Jones report yesterday, the decisions to three pending Star Scientific, Inc. (NASDAQ: STSI) summary-judgment motions in the company's patent-infringement lawsuit against Reynolds American Inc's (NYSE: RAI) R.J. Reynolds Tobacco Co. will be available on tomorrow.

The patent-infringement suit has been ongoing since 2001, when Star Scientific filed against Reynolds, alleging that Reynolds had violated the company's process to reduce the level of nitrosamines - a carcinogenic toxin - in tobacco.

Star Scientific's stock rose from $3.39 to $4.40 yesterday on the news the decisions had been reached, and could rise again significantly should those decisions go its way. Additionally, if Reynolds is ordered to pay a significant enough sum, the tobacco giant may decide to simply buy out Star Scientific rather than pay a hefty patent-infringement fine.

Star Scientific court decisions due tomorrow originally appeared on BloggingStocks on Thu, 18 Jan 2007 15:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>infringementlawsuitpatentraireynoldsstarstar scientificStarScientificstsitobaccoThu, 18 Jan 2007 15:30:00 EST