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TE - Tapstone Energy Inc News Story

$27.64 -0.0  -0.0%

Last Trade - 30/06/16

Market Cap £n/a
Enterprise Value £n/a
Revenue £n/a
Position in Universe th / 6315

MARKET PULSE-Omthera, Valeant, Tiffany, Ford, Canadian Solar

Tue 28th May, 2013 2:55pm
(For more market insights, including options activity, click on STXNEWS/US; for the Day Ahead newsletter http://link.reuters.com/mex49s; for the Morning News Call newsletter, click on  US/MNC ) May 28 (Reuters) - Some U.S. stocks to the move on Tuesday: WALL ST OPENS HIGHER ON CENTRAL BANK COMMENTS  U.S. stocks opened higher as supportive comments from central banks around the world reassured investors that monetary policies designed to support the global economy would remain in place. The Dow Jones industrial average  .DJI  was up 138.07 points, or 0.90 percent, at 15,441.17. The Standard & Poor's 500 Index  .SPX  was up 16.77 points, or 1.02 percent, at 1,666.37. The Nasdaq Composite Index  .IXIC  was up 40.21 points, or 1.16 percent, at 3,499.35. .N  ** OMTHERA PHARMACEUTICALS  OMTH.O , $13.29, up 96.45 pct (0931 ET) AstraZeneca  AZN.L  will buy Omthera for as much as $443 million to build up its cardiovascular drug business, a priority area for Britain's second-biggest drugmaker. AstraZeneca said on Tuesday it would buy Omthera for $12.70 per share. ID:nL5N0E90IP  ** CANADIAN SOLAR INC  CSIQ.O , $10.31, up 19 pct (0932 ET) ** JA SOLAR HOLDINGS CO LTD  JASO.O , $8.55, up 7 pct (0932 ET) Canadian Solar reported a smaller quarterly loss as lower manufacturing costs offset weaker solar panel prices. ID:nL3N0E9289  ** VALEANT PHARMACEUTICALS INTERNATIONAL  VRX.N , $95.07, up 12.58 pct (0933 ET) Valeant said on Monday it agreed to buy Bausch & Lomb Holdings Inc from Warburg Pincus LLC for $8.7 billion, a cash deal set to vault the Canadian company into the upper ranks of the global pharmaceutical sector.  ID:nL2N0E80AH  Canaccord Genuity raised its price target on the company's stock to $112 from $82.  ID:nWNBB022BD  ** BG MEDICINE INC  BGMD.O , $1.96, up 14.53 pct (0934 ET) The company said data from a study suggested its approved heart disease test may help to identify patients with a fast-growing type of heart failure at risk of near-term adverse events. The company presented the data at a conference in Portugal.  ID:nGNXbmXj90  ** SIGA TECHNOLOGIES INC  SIGA.O , $3.89, up 5.87 pct (0935 ET) The Delaware Supreme Court reversed an order against the company on Friday. The court ruled that rival PharmAthene may only obtain damages from Siga for alleged breach of a contract related to its smallpox drug. The court had earlier asked Siga to pay PharmAthene half of its net profit from the drug after retaining the first $40 million. ID:nGNX8HXxk6    ** AIXTRON SE  AIXG.O , $17.57, up 9.19 pct (0936 ET) Brokerage Natixis Equity Research upgraded the German chip-equipment maker to "buy" from "neutral", and raised its price target on Aixtron's Germany-listed stock  AIXGn.DE  to 16 euros from 10 euros.  ** TIFFANY & CO  TIF.N , $80.20, up 5.10 pct (0936 ET) The company reported higher-than-expected sales for the first quarter that included Valentine's Day, helped by gains in all regions and promotions around the jeweler's 175th anniversary and "The Great Gatsby' movie tie-in.  ID:nL2N0E90A8  For graphic, click: (http://link.reuters.com/keq48t) ** FIRST SOLAR INC  FSLR.O , $52.53, up 2 pct (0937 ET) ** MEMC ELECTRONIC MATERIALS INC  WFR.N , $7.76, up 4.29 pct (0937 ET) ** SUNPOWER CORP  SPWR.O , $20.08, up 2.19 pct (0938 ET) The European Union's trade chief said he would not give in to Chinese demands to drop plans for punitive duties on solar panel imports, calling pressure from Beijing "a waste of time", boosting shares of U.S. solar companies.  ID:nL5N0E91UJ  ** MAKO SURGICAL CORP  MAKO.O , $12.19, up 8.65 pct (0938 ET) Wells Fargo analysts raised their rating on the medical   device maker's stock to "outperform" from  "market perform", saying that the company's new hip software for its robotic arm technology is expected to boost its use in hip replacement procedures. "We believe an increase in hip procedures could drive interest (in) Mako's technology from the larger orthopedic players and ease some competitive concerns that have been weighing on its stock," the analysts wrote in a note to clients. ** TRIMBLE NAVIGATION LTD  TRMB.O , $28.36, up 2.41 pct (0939 ET) Trimble is moving into new markets like railroads, water management and electric utilities to improve productivity and cut costs with its positioning technology, Barron's said in its May 27 edition.  ID:nL2N0E70GR  ** AMAZON.COM INC  AMZN.O , $269.24, up 2.85 pct (0940 ET) The Department of Health and Human Services is looking for cost savings in the cloud as it is facing a 5 percent reduction across its budget affected by the sequestration, according to a report by the Wall Street Journal, for which it is using Amazon's cloud, which now doesn't require individual security checks and custom platforms. (http://r.reuters.com/waq48t) ** STARZ  STRZA.O , $23.33, up 2.59 pct (0941 ET) Warren Buffett's Berkshire Hathaway Inc  BRKa.N  reported a 5.03 percent passive holding in the U.S. pay-TV network as of May 24, according to a regulatory filing.(http://r.reuters.com/dyf48t) ** FORD MOTOR CO  F.N , $15.25, up 3.17 pct (0941 ET) The company's profit is likely to accelerate as the European economy improves, Barron's said in a report on Sunday. Demand in Europe appears close to bottoming out and as the continent becomes less of a drag, Ford's stock could climb 50 percent over the next two years, Barron's said.  ID:nL2N0E70H0  ** J C PENNEY COMPANY INC  JCP.N , $19.25, up 1.42 pct (0942 ET) J.P. Morgan Securities raised its price target on the department store's stock to $18 from $15, reflecting a return to positive same-store sales earlier than the brokerage had expected.     With the return of Myron Ullman as interim chief executive the brokerage said, "The first order of business will be stabilizing the ship by (back-to-school season) which likely includes return to couponing/promotions, re-establish high-low-pricing to stem the (gross profit margin) decline, and stabilize the balance sheet reducing capex by slowing the pace of shop-in-shops." ** EXELON CORP  EXC.N , $32.48, down 6.46 pct (0943 ET) Analysts at Deutsche Bank downgraded the energy producer's rating to "hold" from "buy", according to theflyonthewall.com. ** ASIA ENTERTAINMENT & RESOURCES LTD  AERL.O , $4.00, down 8.46 pct (0943 ET) The holding company, whose units promote gaming rooms in casinos at major hotels in Macau, plans to offer subscription rights to purchase about $63 million of its ordinary shares to each shareholder.  ID:nBw9MVt2Ma  ** TECO ENERGY INC  TE.N , $17.90, down 2.13 pct (0945 ET) Teco said it would acquire New Mexico Gas Co for about $950 million, including debt, to widen its customer base in Florida and New Mexico.  ID:nL3N0E927P  ** FIDELITY NATIONAL FINANCIAL INC  FNF.N , $27.04, up 3.28 pct (0946 ET) ** LENDER PROCESSING SERVICES INC  LPS.N , $34.04, up 3.37 pct (0947 ET) Title insurer Fidelity said it will buy mortgage services provider Lender Processing Services for about $2.9 billion in cash and stock. FNF said the offer, which works out to $33.25 per LPS share, represents a premium of 19 percent to the average 30-day closing price of LPS shares. LPS shares closed at $32.99 on Friday. ID:nL3N0E92ES  (Compiled by Neha Alawadhi; Editing by Sriraj Kalluvila) ((neha.alawadhi@thomsonreuters.com)(within U.S. +1 646 223 8780, outside U.S. +91 80 6749 6087)(neha.alawadhi.thomsonreuters.com@reuters.net)) Keywords: MARKETS USA STOCKS/PULSE
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