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👤Allan Perry
🕔December 15, 2014
Opko Health, Inc. (NYSE:OPK) entered into global agreement with Pfizer (PFE) for hGH-CTP. Other stocks that traded higher on Monday were Cirrus Logic (CRUS), up 7.5% after being upgraded to Overweight from Underweight at Barclays, PetSmart (PETM), up 4.7% after being acquired by BC Partners led consortium for $83 per share, Sohu.com (SOHU), up 3% after being upgraded to Overweight from Neutral at JPMorgan, Oracle (ORCL), up 2.2% after receiving FedRAMP provisional authority to operate.…
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👤Allan Perry
🕔December 14, 2014
Media General, Inc. (NYSE:MEG) and LIN Media (LIN) have announced that they have received approval from the Federal Communications Commission for the business combination which was announced by them on March 21. After closing of the transaction, the combined company will retain the Media General name and shares of the new Media General will be listed on the NYSE and trade under the symbol MEG.…
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👤Allan Perry
🕔December 14, 2014
GoPro, Inc. (Nasdaq:GPRO) shares look expensive, says Barron’s reports. Even though the stock has fallen about 36% since October, shares of GoPro are still extremely expensive as they trade at 50 times next years earnings, Barron’s reports. Competition, coupled with the expiration of the post IPO share lock up later this month, could keep pressure on the stock, Barron’s added.…
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