Archive for September 29th, 2009

BSD Medical (BSDM) On Sale

BSD Medical (BSDM) is up 16% to $3.35 on news that  the University of California, San Francisco Medical Center (UCSF) has acquired a BSD-500 Hyperthermia System (BSD-500). UCSF is a world leader in hyperthermia and has the largest and most versatile hyperthermia program on the West Coast, and its world-renowned Radiation Oncology team has added [...]

Gannett (GCI) Up On Earnings, Financing

Gannett (GCI), the nation’s largest newspaper chain is trading higher by a fraction to $10. The company expects third quarter non-GAAP earnings per diluted share to be between $0.39 and $0.42, excluding special charges. Gannett expects to report total quarterly revenues of between $1.307 billion and $1.320 billion. Gannett also said that it intends to [...]

Walgreen (WAG) Up 7% On Earnings

Walgreen (WAG) beat Wall St. forecasts for its most recent quarter and that has moved shares up 7% to $36.69, well above its previous 52-week high of $34.81. Net earnings for the quarter ended Aug. 31 were $436 million or 44 cents per diluted share, including the impact of 3 cents in costs and 7 [...]

Sequenom (SQNM) Down 45% On CEO Exit, Trial Quesitons

SEQUENOM (SQNM) is off 45% to $3.18 on news that the company’s board of directors have concluded that as a result of the company’s attempted transition from researching potential molecular diagnostic tests to developing and commercializing those tests, the company failed to put in place adequate protocols and controls for the conduct of studies in [...]

MBIA (MBI) Hit By S&P Downgrade

MBIA (MBI) is trading down 7% to $7.65 on news that its bond insurance unit has been cut to a junk rating by S&P Douglas A. McIntyre