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:-
CARDIOME PHARMA CORP (NASDAQ:CRME) shares declined 6.82% to $0.410 after the company yesterday announced it has made the final payment to Merck, known as MSD outside the United States and Canada, of $13 million (currency in U.S. dollars) which has been accepted by Merck as full and final settlement of all amounts owing under the line of credit stemming from the companies' collaboration and license agreement for vernakalant, signed in April 2009.
How Should Investors Trade CRME After The Solid Jump? Let’s Find Out Here
Barnes & Noble, Inc. (NYSE:BKS) shares gained 5.31% to $16.46. The company, on Feb. 25, announced that its Board of Directors has received notice from Mr. Leonard Riggio, the Company’s founder, largest stockholder and Chairman of the Board that Mr. Riggio plans to propose to purchase all of the assets of the retail business of Barnes & Noble.
Additionally, the company last week reported a loss of $6.1 million compared with year-earlier earnings of $52 million. On a per-share basis, the company reported a loss of 18 cents, compared with year-earlier earnings of 71 cents. Revenue decreased 8.8% to $2.22 billion. Analysts most recently projected earnings of 54 cents on revenue of $2.4 billion.
Is BKS Ready To Jump Again After The Solid Momentum? Get Free Trend Analysis Here
Zoltek Companies, Inc.(NASDAQ:ZOLT) stock climbed 4.88 % to $9.25. Quinpario Partners LLC announced yesterday the formation of a group consisting of highly competent and reputable investors and director candidates with respect to Quinpario's investment in Zoltek Companies, Inc. ("Zoltek" or the "Company") ZOLT +4.88% . The Quinpario Group disclosed in a Schedule 13D filing today with the Securities and Exchange Commission aggregate ownership of approximately 10.13% of Zoltek's outstanding shares, making the Quinpario Group the Company's largest unaffiliated common shareholder.
Additionally, Dougherty & Co lowered shares of Zoltek Companies from a buy rating to a neutral rating in a research report released on Feb. 5.
Is ZOLT Buy After The Recent Price Movement? Find Out Here
LinkedIn Corp (NYSE:LNKD) shares climbed 4.36% and closed at $177.90. Analysts from Evercore Partners Inc. (EVR) and Wunderlich Securites Inc. released bullish reports on LNKD’s growth prospects. LinkedIn has more than tripled since its initial public offering in May 2011, outperforming Internet companies like Facebook Inc. (FB), Groupon Inc. (GRPN) and Zynga Inc. (ZNGA), which are all trading below their IPO price. While LinkedIn has characteristics of a consumer Web company -- offering a free service and selling ads -- it also has an expanding paid subscription business for corporate customers and premium users.
Is LNKD Buy After The Recent Price Movement? Find Out Here
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