Shares of Conceptus Inc. (NASDAQ: CPTS) rallied about 19.40% by afternoon trade after Bayer AG said that it has agreed to acquire Conceptus in deal estimated at euro 852 million ( $1.1 billion ) as the health-care company looks to gain traction in women contraceptive market. Bayer said that in next 10 days period, it [...]
Shares of Toll Brothers Inc. (NYSE: TOL), a Horsham, Pennsylvania-based company engaged in designing, building, marketing and arranging financing for single-family detached and attached homes in luxury residential commodities, are down sharply in trading today even as the company swung to a profit in its fiscal first quarter.
Chinese Internet portal SINA Corporation (NASDAQ: SINA) reported a sharp rise in its second-quarter earnings and revenue, sending the company’s shares sharply higher in trading on Thursday. However, the company cautioned that its rapidly growing Weibo microblog service is not likely to generate significant operating profit for the year.
Shares of SINA Corporation (NASDAQ: SINA), an online media company serving China and the global Chinese communities, are soaring in trading today.