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Stock Market & Financial Investment News

News Breaks
February 25, 2013
09:18 EDTLOW, SSYS, PRLB, XONE, AVID, MJNOn The Fly: Pre-market Movers
HIGHER: Barnes & Noble (BKS), up 11% after saying it will evaluate the sale of its retail business following a proposal from founder Leonard Riggio... Elan (ELN), up 7.6% after getting $11 per share takeover bid from Royalty Pharma... Zynga (ZNGA), up 9.4%, Glu Mobile (GLUU), up 6.8%, following last week's approval of online gambling by Nevada... Amgen (AMGN), up 2.6% after the recall of a drug that competes with Amgen's Epogen... UP AFTER EARNINGS: Hertz (HTZ), up 6.8%... Lowe's (LOW), up 0.5%... LOWER: Affymax (AFFY), down 85% following voluntary safety recall of Omontys, numerous downgrades of the stock... Dynavax (DVAX), down 29% after FDA said certain indication of investigational adult hepatitis B vaccine cannot be approved without further safety evaluation... Avid Technology (AVID), down 9% after postponing Q4 earnings release... Mead Johnson (MJN), down 5% after disclosing change in Hong Kong's rules for formula products moving to mainland China... DOWN AFTER EARNINGS: 3D Systems' (DDD), down 12.9%, peers Stratasys (SSYS), Proto Labs (PRLB), ExOne (XONE) down in sympathy.
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