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Closing Bell: A Great Day Gone Mixed (CRXX, DNDN, QCOM, NTRI, TRA, CF, SPLS)

Posted Mar 2nd 2010 4:20PM by Jon Ogg (RSS feed)
Filed under: Staples Inc (SPLS), QUALCOMM Inc (QCOM)

Today was probably more about international market news more than the domestic news. Outside of February auto sales, we had very little economic data to absorb. The markets spent most of the day much higher, but profit taking and positions being lightened up seemed to take out the steam and the actual closing bell levels. A red or black day was not clear until the last few minutes. Here were today's unofficial closing bell levels:

DJIA: 10,405.98 (+0.02%)
S&P500: 1,118.31 (+0.23%)
NASDAQ: 2,280.79 (+0.32%)

CombinatoRx, Incorporated (CRXX) soared by 32% to $1.47 today after its Exalgo opioid painkiller received FDA approval.

Continue reading Closing Bell: A Great Day Gone Mixed (CRXX, DNDN, QCOM, NTRI, TRA, CF, SPLS)

Analyst initiations: SPSN, AUY and CRXX

Posted Feb 19th 2008 11:45AM by Eric Buscemi (RSS feed)
Filed under: Yamana Gold (AUY), Analyst Initiations

MOST NOTEWORTHY: Spansion, Yamana Gold and Combinatrox were today's noteworthy initiations:

Spansion (NASDAQ: SPSN) was initiated with a Buy rating and $5 target at CRT Capital. The firm expects a stable pricing environment and seasonal demand to improve financial and credit metrics towards the back half of this year.
Yamana Gold (NYSE: AUY) was initiated with a Neutral rating at HSBC.
Punk Ziegel views shares of Combinatrox (NASDAQ: CRXX) as undervalued given its broad pipeline of drugs with significant potential. The firm started shares with a Buy rating and $7.50.