Lakeway, TX -- (SBWIRE) -- 03/05/2013 -- vbtrendreport.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-
Cubist Pharmaceuticals Inc (NASDAQ:CBST) shares jumped 4.92% and closed at $45.61 in the last trading session after the company yesterday announced the appointment of Michael Tomsicek as Senior Vice President and Chief Financial Officer (CFO). Mr. Tomsicek, who has served as Senior Vice President and Deputy CFO since July 2012, succeeds David McGirr. After more than a decade of leadership at Cubist, Mr. McGirr will serve as Senior Advisor to the Chief Executive Officer (CEO), and retire in 2014.
How Should Investors Trade CBST After The Solid Jump? Let’s Find Out Here
Smith & Wesson Holding Corporation (NASDAQ:SWHC) shares increased 4.68% and closed at $10.28. Anne Simpson, a senior portfolio manager at The California Public Employees' Retirement System, recently talks about the vote by Calpers' board to divest its $5 million in shares of Smith & Wesson Holding Corp. and Sturm Ruger & Co. because the companies make weapons banned in the state.
Additionally, the company announced that it plans to release its third quarter fiscal 2013 financial results on Tuesday, March 5, after the close of the market.
Is SWHC Ready To Jump Again After The Solid Momentum? Get Free Trend Analysis Here
Sangamo Biosciences, Inc. (NASDAQ:SGMO) shares increased 4.55% and closed at $10.80. Analysts at Lazard Capital Markets initiated coverage on shares of Sangamo in a research note issued to investors last week. The firm set a “buy” rating and a $16.00 price target on the stock.
Additionally, the company announced that Geoff Nichol, M.B., Ch.B., Sangamo’s executive vice president, research and development, will provide an update on the progress of Sangamo’s ZFP Therapeutic® development programs and an overview of the company’s business strategy at 10:40 am ET on Wednesday, March 6, 2013, at the 33rd Annual Cowen and Company Health Care Conference which will be held in Boston.
Is SGMO Buy After The Recent Price Movement? Find Out Here
TASER International, Inc. (NASDAQ:TASR) shares gained 4.53% to $7.85 after the company yesterday announced multiple new deployments of its TASER Smart Weapons. These orders were received in the first quarter and are expected to ship in the first quarter.
Additionally, the company, on Feb. 26, said that its Board of Directors has authorized a new share repurchase program for up to $25 million of its common stock. The repurchases will be funded by available cash. The amount of shares purchased will be made on working capital requirements.
Is TASR Buy After The Recent Price Movement? Find Out Here
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