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News Breaks | | | | February 1, 2013 | | 12:48 EDT |  | MDVN | Medivation price target raised to $70 from $62 at Wedbush
Wedbush raised Medivation's price target citing solid U.S. Xtandi sales. Share are Outperform rated. | |
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News For MDVN From The Last 14 Days Check below for free stories on MDVN the last two weeks. |
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| June 19, 2013 | | 09:27 EDT |  | MDVN | Medivation volatility increases on wide price movement
Medivation June call option implied volatility is at 77, July is at 80, September is at 78, December is at 69; above its 26-week average of 53 according to Track Data, suggesting larger price movement. | | | June 18, 2013 | | 07:34 EDT | | MDVN | Medivation pullback a buying opportunity, says JPMorgan
 Subscribe for More Information | | | June 17, 2013 | | 16:20 EDT |  | MDVN | On The Fly: Closing Wrap
Stocks on Wall Street were higher following a session dominated by speculation over what is next for the Federal Reserve. The averages trimmed their gains after an article by the Financial Times suggested the Fed would signal a tapering of its pace of asset purchases at its Wednesday press conference. The upward trend resumed after the article's author said the report was based on opinion and that, "The Fed does not leak anything to any journalist to steer markets - especially during blackout." ECONOMIC EVENTS: In the U.S., the New York Fed Empire State Survey for June came in at 7.40, versus expectations for a 0 reading. The NAHB housing market confidence index for June rose to 52, versus the forecast for a more modest climb to 45 from its prior 44 reading. In Europe, Germany's Bundesbank said economic indicators for April pointed to robust growth in the second quarter and business sentiment improved in May, though warned of signs that growth in Europe's largest economy would slow over the summer. COMPANY NEWS: Netflix (NFLX) and DreamWorks (DWA) both climbed after announcing a major content deal. Under the agreement, DreamWorks will provide over 300 hours of content to Netflix, which the TV and movie service expects to start broadcasting next year. After the announcement, Netflix rose $15.24, or 7.12%, to $229.23, while DreamWorks added 93c, or 4.08%, to $23.74. MAJOR MOVERS: Among the notable gainers was Kandi Technologies (KNDI), up $1.53, or 24.4%, to $7.80 after saying it will deploy 5K-10K pure electric vehicles in China within the first year of launch. Also higher were shares of ViroPharma (VPHM), up $1.71, or 6.3%, to $28.87 after Reuters said the company has attracted takeover interest, though the company is not pursuing a sale. Among the noteworthy losers was Terex (TEX), down $2.45, or 7.72%, to $29.29 after the company lowered it fiscal year earnings view. Also lower was Medivation (MDVN), down $3.45, or 6.78%, to $47.41 after Johnson & Johnson (JNJ) acquired the company's competitor, privately held Aragon Pharmaceuticals. INDICES: The Dow was up 109.67, or 0.73%, to 15,179.85; the Nasdaq was up 28.57, or 0.83%, to 3,452.13; and the S&P 500 was up 12.31, or 0.76%, to 1,639.04. | | | 12:29 EDT | | MDVN | On The Fly: Midday Wrap
Subscribe for More Information | | | 12:28 EDT |  | MDVN | Medivation retreats after J&J beefs up prostate cancer slate
Subscribe for More Information | | | 12:08 EDT | | MDVN | J&J deal not negative for Medivation, says Citigroup
Subscribe for More Information | | | 11:37 EDT | | MDVN | Medivation weakness a buying opportunity, says Wedbush
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