Market Currents

• Thursday, July 23, 2009

• 15:39 PM After Medarex (MEDX +89%) fetched a healthy premium from Bristol-Myers Squibb (BMY +3.1%), investors have begun looking at similar companies to see who's next up for bids: Regeneron Pharmaceuticals (REGN +8.8%)? Seattle Genetics (SGEN +5.6%)? Alexion (ALXN +7.6%)? Allos Therapeutics (ALTH +6.9%)? Celldex Therapeutics (CLDX +6.7%)? Dendreon (DNDN +6.6%)? Comment!
• 09:06 AM Premarket gainers: MEDX +89%. F +10%. FITB +10%. ARM +9%. SAY +9%. VMW +9%. ANN +7%. TMO +6%. EMC +5%. ABB +5%. LCC +5%. SLT +4%.
  Losers: CTIC -17%. MCO -11%. CIT -9%. EDR -4%. Comment!
• 09:03 AM Premarket gainers: MEDX +89%. F +10%. FITB +10%. ARM +9%. SAY +9%. VMW +9%. ANN +7%. TMO +6%. EMC +5%. ABB +5%. LCC +5%. SLT +4%.
  Losers: CTIC -17%. MCO -11%. CIT -9%. EDR -4%. Comment!

• Wednesday, July 22, 2009

• 19:37 PM Bristol-Myers Squibb (BMY) has agreed to acquire Medarex (MEDX) for $16/share in cash - about $2.4B - saying it is gaining proven antibody discovery technology and rights to an immunotherapy the companies developed. Medarex closed +1.5% to $8.40. (BMY earnings preview) 1 Comment

• Monday, June 22, 2009

• 09:00 AM Premarket gainers: MEDX +22%. AVII +12%. NSU +10%. EMKR +6%. AAUK +6%. LSI +5%.
  Losers: ALU -9%. RTP -6%. DB -5%. FRO -5%. HMY -5%. WAG -5%. STSI -5%. MT -5%. AIB -4%. AU -4%. GFI -4%. AXA -4%. HBAN -4%. FCX -4%. Comment!

• Thursday, May 14, 2009

• 09:00 AM Premarket gainers: WH +19%. MTU +12%. MEDX +7%. AMSC +6%. SUMT +5%. BCS +5%. CNO +5%. UBS +4%. GOLD +4%.
  Losers: BEXP -19%. FIG -13%. MGM -10%. MBI -9%. CTIC -6%. CLF -6%. GMXR -5%. GNW -5%. HBAN -5%. CNB -5%. FITB -5%. ABK -4%. ING -4%. Comment!

• Wednesday, April 22, 2009

• 09:00 AM Premarket gainers: PFCB +17%. SNDK +8%. F +8%. MEDX +7%. GERN +6%. GILD +6%. SLW +5%. ELN +5%. DNDN +4%. STEM +4%. GM +5%. BA +4%. TROW +4%. BRCD +4%.
  Losers: PPDI -19%. FRE -12%. FITB -9%. RF -9%. COF -8%. PUK -9%. MS -8%. JAH -8%. ETFC -8%. HBAN -8%. PXP -7%. TXT -7%. VNO -6%. ILMN -6%. AMD -6%. USB -5%. WFC -5%. TCK -5%. BHP -5%. HBC -5%. AKS -5%. HIG -5%. Comment!

• Wednesday, February 25, 2009

• 00:10 AM Notable earnings after Wednesday's close: AGO, CLF, CRM, ESRX, FLR, FLS, GDP, GNK, KEG, LTD, MEDX, MRX, PDGI, PXP, SCI, SVNT, TS, USU Comment!