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New York, NY -- (SBWIRE) -- 01/16/2013 -- Constellation Brands Inc (NYSE:STZ) soared 3.06% and closed at $36.41 on a traded volume of 3.54 million shares. The Company said that Eric Morham, president of the Company’s Canadian business will retire effective May 31, 2013 after 40 years in the beverage alcohol industry.Stifel Nicolaus increased the price target on the stock from $42.00 to $45.00 in a research note. The firm currently has a buy rating on the stock.
Can STZ Continue To Move Higher? Find Out Here
Christopher & Banks Corporation (NYSE:CBK) 8% HIGHER; expects to report a comparable store sales increase in the high teens for the fourth fiscal quarter as compared to the Company's previous guidance of a comparable store sales increase in the high single to low double digits. The Company also announced that it expects cash and cash equivalents at the end of the fourth fiscal quarter (February 2, 2013) to be in the range of $37 million to $38 million.
Can CBK Continue To Move Higher? Find Out Here
Opko Health Inc. (NYSE:OPK) opened at $5.32 and oscillated in the range of $5.30 and $5.78 in its latest trading session. It closed at $5.71, up 6.13 percent from its previous close of $5.38. Opko Health shows bullish trend and the stock’s first resistance level is at $5.85. On the downside, it may slip to $5.19. Opko Health garnered good insider interest as its CEO recently bought 46,000 shares. The company also augmented its pact with Bristol Myers Squibb. It also signed a new deal to acquire Cytochroma, a Canadian drug firm. Opko Health is expected to pay $100 million for the deal.
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Hyperion Therapeu (NASDAQ:HPTX) is very active today and traded between $11.51 - 14.30 with total traded volume of 237463 shares. At a current price of 14.00, HPTX is +2.00 - +16.67% from the previous close of $12.00. Moreover, At Current Market Price, HPTX is in the distance of +29.25% from its 50-day Moving Average price of $10.8315 and +31.67% from its 200-day Moving Average price of $10.6323.
How Should Investors Trade HPTX After The Recent Volatile Moves? Find Out Here
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