DARA Biosciences Inc(NASDAQ:DARA) shares increased
2.99% to $1.03 after the company announced that on October 1, 2012, NASDAQ
notified the Company that it has regained compliance Rule 5550(a)(2), which
requires a minimum bid price of $1.00 for continued listing on the NASDAQ Stock
Market. The Company further announced that in light of the Company’s regaining
compliance with the Minimum Bid Price Rule, the special meeting of stockholders
that was scheduled to take place on November 8, 2012 to consider a reverse
stock split proposal has been cancelled.
Will
DARA Continue To Move Higher? Find Out Here
Agrium Inc. (USA)(NYSE:AGU) stock fell 0.54% to
$104.96. Equities research analysts at Dundee Securities started coverage on
shares of Agrium in a research note issued to investors on Sept. 26. The firm
set a “buy” rating on the stock.
Additionally, Hedge fund Jana Partners said
yesterday that Agrium's share price could rise about $50, or 50%, if the
company took steps to improve its business.
DaVita Inc.(NYSE:DVA) stock increased 0.44% to
$103.89 after Warren Buffett's conglomerate, Berkshire Hathaway Inc currently
owns more than 10% of DaVita Inc after adding to its position at the end of
last month. Berkshire added another 282,403 shares last week for between
$100.42 and $103.76 each. It now holds about 10.2 million DaVita shares, for a
stake of about 10.8% of the company, nearly twice that of the next-largest
holder.
Cynosure, Inc.(NASDAQ:CYNO) shares dropped 5.20% to
$24.41. The 52 week trading range for the company is $9.63 - $28.00. The shares
of the company climbed 146% in the last one year. The company develops and
markets aesthetic treatment systems that are used by physicians and other
practitioners to perform non-invasive and minimally invasive procedures to
remove hair rejuvenate the skin through the treatment of vascular and pigmented
lesions.
Nokia Corporation (ADR)(NYSE:NOK) stock declined 6%
to $2.60. This morning, Nokia Siemens, a joint venture between Nokia Oyj and
Siemens AG, has completed the divestment of IPTV assets to Belgacom SA. The
divestment is part of Nokia Siemens' focus on mobile broadband and services. A
total of 23 employees is to be taken over by Belgacom.
Yesterday, Credit Suisse downgraded shares of
Nokia from a neutral rating to an underperform rating in a report .
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