Tuesday’s Hot Stock Alert: ELN, WFC, H, GILD, BBY, PBI, ABC, BCR, WY, COF, FDS, MGLN, GBX, BBT, WIN
ELN, WFC, H, GILD, BBY, PBI, ABC, BCR, WY, COF, FDS, MGLN, GBX, BBT, WIN
Elan Corp. plc (ADR) (NYSE: ELN) Elan drops testing of a higher dose of its Alzheimer’s drug candidate after nine deaths
Wells Fargo & Company (NYSE: WFC) Wells Fargo says it will pay all cash to buy Prudential’s stake in its retail brokerage business; Shares upgraded to Buy at Standard & Poor’s Equity Research on its plan to exit TARP
Hyatt Hotels Corp. (NYSE: H) Hyatt Hotels shares lifted on news that an Abu Dhabi sovereign fund bought stake in the company; Coverage initiated on Hyatt Hotels by Citigroup and Goldman Sachs
Gilead Sciences Inc. (NASDAQ: GILD) Gilead shares dropped after announcing its hypertension treatment darusentan missed the primary goal of a Phase III trial
Best Buy Co. Inc. (NYSE: BBY) BBY shares fall on downbeat Q4 profit margin outlook
Pitney Bowes Inc. (NYSE: PBI) Pitney Bowes provides financial guidance for 2010; predicts adjusted profit within range of analysts’ view
AmerisourceBergen Corp. (NYSE: ABC) AmerisourceBergen lifts Q1 earnings forecast; strong December revenue and generic drug sales cited
C.R. Bard Inc. (NYSE: BCR) C. R. Bard upgraded to Overweight at J.P. Morgan; price target increased from $86 to $100
Weyerhaeuser Company (NYSE: WY) Weyerhaeuser plans to convert its company structure to REIT; pay a special dividend
Capital One Financial Corp. (NYSE: COF) Capital One reports credit-card chargeoffs and delinquency rate were higher in November
FactSet Research Systems Inc. (NYSE: FDS) FactSet Research Systems reports slightly higher Q1 profit; says business is stabilizing
Magellan Health Services Inc. (NASDAQ: MGLN) Magellan Health sees stronger profit in 2009; offers 2010 guidance
Greenbrier Companies (NYSE: GBX) Greenbrier says it has agreed with a unit of GE Capital to modify the terms of an order for railcars
BB&T Corp. (NYSE: BBT) BB&T upgraded to Buy at Deutsche Bank
Windstream Corp. (NASDAQ: WIN) Windstream intends to offer $600 million in senior notes in a private offering
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