Winners & Sinners: Pharmion, Countrywide Financial...

Kevin A. Tuttle  Nov 19, 2007 11:51 am

Winners & Sinners: Pharmion, Countrywide Financial...
 
A quick look at today's biggest up and down movers.
 

 


Click here to enlarge either chart.


Pharmion Corp. (PHRM) is soaring this morning after Celgene (CELG) announced its plans to purchase Pharmion for $72 per share. Echostar Communications (DISH) is also moving into the green on rumors of an AT&T (T) buyout.


Genesco (GCO) is to the downside as problems persist with its recent M&A activity. Countrywide Financial (CFC) is also under pressure on news that investors may sell $4 bln of the company's debt.

Rate this article:  (0 Votes)
Comment (0) See All Comments »
discuss this article and more on the mv exchange
No positions in stocks mentioned.

Get real-time options trading ideas from Steve Smith, veteran options trader and newsletter author, plus let him show you the way to cut risk and boost your returns through the strategic use of options.  Click here for a free 14 day trial to OptionSmith by Steve Smith.



The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2009 Minyanville Media, Inc. All Rights Reserved.

 

 

Ticker Talk
Popular Tickers:
SPX »AMZN »RIMM »
Select
  •  
Talk Now
Share this Talk on your site:
Send us your feedback

Our Professors

rss article alert