Company News for October 5, 2011 - Corporate Summary
October 05 2011 - 4:10AM
Zacks
• Drug developer Transcept
Pharmaceuticals Inc.’s (NASDAQ:TSPT) shares increased 33.77% to
close at $8.08 after the company's experimental sleep treatment got
approved from the regulators
• Share prices of General Maritime Corp.
(NYSE:GMR) declined 7.35% after the company reported its
plans for a possible restructuring
• Shares of power company NRG Energy Inc.
(NYSE:NRG) shed 1.81% to close at $19.57 after the company lowered
down its earnings outlook for 2011
• Software company Red Hat Inc. (NYSE:RHT)
announced that it would acquire software developer Gluster Inc. in
a deal worth $136 million
• Share prices of phone carrier Sprint-Nextel
(NYSE:S) advanced 4.76% on news that the company will offer the
iPhone 4S on its inaugural day on 14th October
• Analysts at Goldman Sachs upgraded shares of
Kinder Morgan (NYSE:KMI) from "Neutral" rating to "Buy" rating
• Analysts at Citi upgraded shares of Alexandria
Real Estate Equities (NYSE:ARE) from "Hold" rating to "Buy"
rating
• Analysts at JMP Securities upgraded shares of
Alexza Pharmaceuticals (NASDAQ:ALXA) from "Market Perform" rating
to "Outperform" rating
• Analysts at JP Morgan initiated coverage on
shares of Alexion Pharmaceuticals (NASDAQ:ALXN) with an
"Overweight" rating
ALEXZA PHARMACT (ALXA): Free Stock Analysis Report
ALEXION PHARMA (ALXN): Free Stock Analysis Report
ALEXANDRIA REAL (ARE): Free Stock Analysis Report
GENL MARITIME (GMR): Free Stock Analysis Report
KINDER MORGAN (KMI): Free Stock Analysis Report
NRG ENERGY INC (NRG): Free Stock Analysis Report
RED HAT INC (RHT): Free Stock Analysis Report
SPRINT NEXTEL (S): Free Stock Analysis Report
TRANSCEPT PHARM (TSPT): Free Stock Analysis Report
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