Archive for December 22nd, 2009

Take-Two, or Drop-Four? (TTWO)

Take-Two Interactive Software Inc. (NASDAQ: TTWO) is still trading lower after the company announced the sale of the “Jack of all Games” brand.  This in turn had Take-Two adjust its guidance lower.  Shares are down 4.3% at $9.02 on about 20,000 shares as of 8:47 AM EST. JON C. OGG

Arena Runs on NDA (ARNA)

Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) filed its new drug application with the FDA for lorcaserin, its key promising weight loss drug.   Shares closed at $3.74 yesterday and are up 4% at $3.89 on 101,500 pre-market shares as of 8:40 AM EST. JON OGG