Wednesday, December 1, 2010

Amgen, Bristol-Myers, Google, Mercer, Thermo Fisher

Shares of the following companies may have unusual movements in U.S. trade. Stock symbols are in parentheses and prices are from 7:50 am in New York.

Amgen Inc. (AMGN U.S.): The company, the AM Nplate won the backing of the UK National Institute for Health and Clinical Excellence in the proposed draft guidelines for the treatment of a chronic bleeding disorder.

The agency also advised Bristol-Myers Squibb Co. (BMY U.S.) and Otsuka Pharmaceutical Co., MA drug Abilify for use in the treatment of schizophrenia in people 15 to 17 years of age.

Copart Inc. (CPRT U.S.): The online auction site to recover stolen vehicles reported first quarter revenue of 212.7 million U.S. dollars.
Corinthian Colleges Inc. (COCO U.S.): The educational institution nonprofit, said Chief Executive Peter Waller resigned and replaced by President Jack D. Massimino, who previously served as executive director from November 2004 to July 2009.

Enterprise Products Partners LP (EPD U.S.) fell 2.4 percent to $ 41.07. The largest U.S. pipeline operator sell 10.5 million units representing the interests of members and use the proceeds to reduce debt.

Google Inc. (GOOG U.S.) rose 0.6 percent to $ 559. The world, the AM most popular search engine will open an online store for electronic versions of books in the U.S. this year, and internationally in 2011, according to a person familiar with the company, administrative and operational plans.

Health Care REIT Inc. (HCN U.S.) fell 3.6 percent to $ 44.60. The real estate fund that invests in housing and health properties said it would sell 9 million shares. Proceeds from the offering will be used for property investment.

Jos A. Bank Clothiers Inc. (JOSB U.S.) slumped 3.4 percent to $ 43.50. The maker of men, clothing AOs posted third quarter earnings of 45 cents per share, the lack of analyst estimates of 50 cents.

Motorola Inc. (MOT U.S.) rose 2 percent to $ 7.81. The U.S. manufacturer mobile phones and two-way radios that plans to split in two, said the transfer completed on 4 January, the issue of new shares in both companies to existing shareholders.

OmniVision Technologies Inc. (OVTI U.S.) rose 6 percent to $ 30. The maker of image sensors for camera phones projected third-quarter profit up 63 cents a share, beating analysts' average estimate of 40 cents.

Thermo Fisher Scientific Inc. (TMO U.S.): The world's largest manufacturer of administrative officers of laboratory instruments Lomb agreed to buy Scientific an undisclosed amount to expand in Australia and New Zealand.

United Fire & Casualty Co. (UFCS U.S.) rose 11 percent to $ 23. The Cedar Rapids, Iowa, based on ownership and insurance of victims, said it would buy Mercer Insurance Group Inc. (MIGP U.S.) $ 28.25 per share in a transaction expected to add to earnings in the 2012. Mercer rose 47 percent to $ 27.75.

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