Alkermes Plc (NASDAQ: ALKS) rallied after the company said its mid-stage clinical trial of the drug ALKS 5451, meant to cure depressive disorders, showed it was capable of “significantly reducing” symptoms of depression. The Company said that it carried studies on 142 patients. Based on the outcome of clinical trials, the Company now intends to [...]
Shares of Bank of America Corp. (NYSE: BAC) gained on Friday after the bank said that the Federal Reserve agreed on its proposed capital actions. The bank said that it would now repurchase about $5 billion worth of its common stock and buyback around $5.5 billion worth preferred stock. [...]
Bank of America Corp. (NYSE: BAC) shares plunged 3.75% by midday trade as the company’s revenue dropped nearly 25% in the fourth quarter. For the fiscal fourth quarter, BAC reported earnings of $732 million or 3 cents a share on revenue of $18.7 billion. Analysts polled by Thomson Reuters were expecting earnings of 2 cents [...]
Bank of America Corp. (NYSE: BAC), one of the biggest U.S. banks, reported its fourth-quarter financial results. Shares of the Charlotte, North Carolina-based bank fell sharply in early trading following the release of quarterly results. [...]
Shares of Nationstar Mortgage Holdings Inc. (NYSE: NSM), a non-bank residential mortgage servicer with a range of services across the residential mortgage product spectrum, are soaring in trading today after the company’s wholly-owned subsidiary signed a definitive agreement with Bank of America Corp. (NYSE: BAC) to acquire mortgage servicing assets. [...]
PolyOne Corporation (NYSE: POL) climbed 8 percent on Wednesday after Jefferies Group initiated coverage on the stock with a “buy” rating. On December 20, the company announced the acquisition of Glasforms Inc., which specializes in glass and carbon fiber reinforced polymers and advanced products. [...]
Shares of Cepheid (NASDAQ: CPHD), a molecular diagnostics company engaged in the development, manufacturing and marketing of integrated systems for testing in the Clinical market, are soaring in early trading today. [...]
The following stocks were active in after-hours trading on Monday, September 17, 2012. [...]
Berkshire Hathaway (NYSE: BRK.A) shareholders are getting ready for their annual meeting, which will be held in Omaha, Nebraska this weekend. As BRK.A shareholders prepare for their annual pilgrimage, there is likely to be one major question on their mind; the health of Warren Buffett, the Chairman and CEO of Berkshire Hathaway. [...] |
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