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THE REAL MOST ACTIVE Nasdaq Pares Early Gains To Close Ahead 0.8%.(B)
Byline: NANCY GONDO
Nasdaq stocks snapped a two-day downtrend Thursday, but rallied more than 2.1% before giving up much of their earlier gains on higher volume. The composite ended up 0.8%, the Nasdaq 100 0.1%.
Kos Pharmaceuticals gapped up 7.13 to a 52-week high of 34.14 on its highest trade this year, as more than 4.8 million shares changed hands.
The drug maker earned 31 cents in the second quarter, reversing last year's 50-cent loss and beating views by 24 cents, amid strong sales of its Advicor and Niaspan cholesterol drugs. Kos expects '03 profit of $1.20-$1.40 vs. views for 75 cents.
Inamed gained 8.51 to 66.40, breaking out of a six-week consolidation on five times normal volume. Late Wednesday, the cosmetic surgery products maker topped second-quarter views by 11 cents with a 76-cent profit, a 41% jump from the prior year.
SafeNet added 2.85, or 8.9%, to 34.75 on double its usual turnover. The maker of network security gear said late Wednesday it earned 20 cents a share in the second quarter, up fourfold from last year and 4 cents above views. It expects to earn 69-72 cents in '03, up from its prior outlook of 64-65 cents.
- DOLLAR MOSTLY LOWER; GOLD PRICES DECLINE 75 CENTS
- Newspaper article from: The Journal Record July 11, 1986 700+ words
...cheaper than $1.5263 late Wednesday. Sterling fetched...Europe, compared with late Wednesday, were: 2.1730 West...delivery this month fell 80 cents a troy ounce to close...ounce, compared with late Wednesday's $348.00. In...
- Market Commentary on 99 Cents Only Stores.
- Press release article from: M2 Presswire March 15, 2007 700+ words
...general merchandise for 99 cents or less. With nearly 250 stores...up to date information on 99 Cents Only Stores are invited to...in Matthews, N.C., said late Wednesday it expects fiscal second...end" of the guideline of 58 cents to 64 cents per share. However...
- Traders Nervous About World Events Send Crude Prices up 40 cents.
- Newspaper article from: The Oil Daily April 16, 1999 700+ words
...through on strength from late Wednesday afternoon, touching $17...light, sweet crude ended 40 cents higher at $16.87/bbl...than Nymex, gaining 28 cents to expire at $15.20/bbl. June Brent rose 36 cents to $15.16/bbl. Nymex...
- Nymex Crude Price Jumps 42 cents on Bullish Inventory Data.
- Newspaper article from: The Oil Daily Brideau, Alexander Parezo, Steve March 4, 1999 700+ words
...at $12.93/bbl, up 42 cents. Compared with the API data...crude would begin flowing again late Wednesday along the Kirkuk line to the...prices also rose, gaining 25 cents to close at $11.25/bbl...futures, which peaked at 40.10 cents/gallon, eventually gained...
- OIL PRICES SURGE, SETTLE OFF PEAKS / CLOSE 47 CENTS HIGHER
- Newspaper article from: The Journal Record July 8, 1988 700+ words
...12 cents after being up nearly 4 cents earlier in the day. Home heating oil advanced 1.68 cents a gallon to 44.29 cents. The early news of an oil rig...the American Petroleum Institute late Wednesday that U.S. inventories of unleaded...
- Wisconsin-Based Insurer Notes 25 Cents a Share for Quarterly Net Income.
- Newspaper article from: Knight Ridder/Tribune Business News November 9, 2001 700+ words
...analysts in a conference call. Late Wednesday, American Medical reported third-quarter net income of 25 cents a share, beating analyst estimates of 14 cents. A year earlier, the company had a loss of 9 cents a share. American Medical...
- Wheat Watch: CBOT Called 1/2 Cent Higher.
- News wire article from: Resource News International June 26, 2003 700+ words
...prices are called flat to 1/2 cent per bushel higher Thursday...scattered storms forecast for late Wednesday and early Thursday are seen...of Trade Jly slipped 1 1/4 cents to end at $3.01 a bushel, while CBOT Sep settled 3/4 cent lower at $3.08 1/2. In...
- Higher-than-expected earnings boost Apogee's stock 17 percent; It beat...
- Newspaper article from: Star Tribune (Minneapolis, MN) Peterson, Susan E. September 21, 2001 700+ words
...stronger than expected earnings late Wednesday, and saw its stock rise nearly...of $10.3 million, or 36 cents a share, more than doubling the $4.2 million, or 15 cents a share, from the year-ago...earnings [projection] by 14 cents," said analyst Steve Jacobs...
