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Major Movers on July 5; CLDX, ARR, FBP, MDC

Shares of Celldex Therapeutics Inc. (NASDAQ: CLDX), a biopharmaceutical company engaged in the development and commercialization of several immunotherapy technologies for the treatment of cancer and other difficult-to-treat diseases, surged in trading on Friday.

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Sterne Agee Upgrades EZCORP, Shares Rally (EZPW)

Sterne Agee upgraded the pawnbroker, EZCORP Inc. (NASDAQ: EZPW) to “buy” from “neutral” on Wednesday.

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Exco Resources to Buy Chesapeake Assets Worth $1 Billion (CHK, XCO)

As a part of its broader strategy to sell assets worth $7 billion this year to strengthen its balance sheet, Chesapeake Energy Corp. (NYSE: CHK) announced on Wednesday that it will sell part of its assets (Eagle Ford and Haynesville Shales) to Exco Resources Inc. (NYSE: XCO) for $1 billion. The move will bring much [...]

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Major Movers on July 3; LINE, AA, AN, RHI, FTNT

Shares of Linn Energy LLC (NASDAQ: LINE) slumped about 7.70% in early trade. The oil and energy company late last evening said that the Securities and Exchange Commission (SEC) was conducting an “informal” inquiry both its acquisition deal with Berry Petroleum, which it agreed to acquire in February and accounting.

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Electronic Arts, Hasbro Enters in a 4-Year Deal (HAS, EA)

Toy maker, Hasbro Inc. (NASDAQ: HAS) and video game console maker, Electronic Arts Inc. (NASDAQ: EA) announced on Tuesday that the both companies have entered in a 4-year agreement, under which, Electronic Arts will create former’s best-selling games for mobile platform.

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Yahoo Acquires iPhone Video App Qwiki (YHOO)

In a move which will help the company to further cement its foothold in the mobile app world, Internet Company, Yahoo Inc. (NASDAQ: YHOO) announced on Tuesday that it has bought Qwiki Inc., a New York-based startup which makes mobile apps for making videos on iPhone, according to All Things D.

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Major Movers on July 2; CLNT, ACHN, SHLM, ZNGA, CLDX

Shares of Cleantech Solutions Inc. (NASDAQ: CLNT) skyrocketed 26% in early trade. The Company provided upbeat guidance for the fiscal 2013. Based on current orders and anticipated orders, Cleantech expects net income to be in the range of $8 million to $8.5 million on revenue range of $60 million to $62 million.

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Warren Buffett’s Berkshire Hathaway Crowned as the World’s Most Respected Company by Barron’s (BRK.A, AAPL, DIS, GOOG)

Globally renowned value investor, Warren Buffet’s Berkshire Hathaway Inc. (NYSE: BRK.A) was rated as the world’s most respected company by Barron’s in its 2013 survey.

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Kohl’s Corporation Director Buys 2,568 Shares (KSS)

Kohl’s Corporation (NYSE: KSS) Director, Ximena G. Humrichouse recently bought 2,568 shares of KSS for $50.22 per share, according to a SEC filing made last week. Humrichouse made a total investment of $128,691.

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Steinway Musical Instruments to Be Acquired by Private Equity Firm (LVB)

Shares of Steinway Musical Instruments Inc. (NYSE: LVB) have surged today after the company agreed to be acquired by private equity firm Kohlberg & Company.

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