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Stock Market & Financial Investment News

News Breaks
June 9, 2014
07:39 EDTBMRNBioMarin upgraded at Credit Suisse
As previously reported, Credit Suisse upgraded BioMarin to Outperform from Neutral. The firm upgraded shares due to share declines and sees potential catslysts ahead that include BMN 111 Ph I/II results in Q2 2015, BMN 190 and PEG-PAL results in late 2015 and Ph III BMN-701 enrollment in 1H 2015. Price target remains $73.
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August 26, 2014
18:20 EDTBMRNOn The Fly: After Hours Movers
UP AFTER EARNINGS: TubeMogul (TUBE), up 31.8% after reporting better than expected second quarter results and guidance above analyst estimates... Aruba Networks (ARUN), up 2.3% after reporting quarterly results and announcing a 3.7% workforce reduction... HEICO (HEI), up 2.3% after raising fiscal 2014 net income guidance. ALSO HIGHER: Chemtura (CHMT) and Diebold (DBD) are both up marginally after Mario Gabelli commented on the companies in an interview with CNBC. DOWN AFTER EARNINGS: Smith & Wesson (SWHC), down 10.2% after reporting disappointing first quarter results and lowering fiscal 2014 outlook. ALSO LOWER: Sturm, Ruger (RGR), down 4% after Smith & Wesson reported quarterly results... BioMarin (BMRN), down 1.35 after lowering fiscal 2014 revenue guidance.
16:36 EDTBMRNBioMarin lowers FY14 revenue view to $680M-$700M from $745M-$765M
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