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VRTX, FNFG, ISIL, URBN, CCME – Stocks to watch at Opening Bell

Tuesday, January 11, 2011 @ 04:01 AM
posted by Mattew12

Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) percentage change grew 0.36%, to close at $36.29 and its overall traded volume was 2.16M shares on Monday, the stock had average daily volume of 1.72M shares. VRTX opened at $35.95 and is trading within the range of $35.71-$36.54. The 52-week range of the stock is $31.25 – $43.94. The market capitalization of the company stands at $7.37B and it has 203.19M outstanding shares.Vertex Pharmaceuticals Incorporated (Vertex) is engaged in the business of discovering, developing and commercializing small molecule drugs for the treatment of serious diseases. Telaprevir, the Company’s lead drug candidate, is an oral hepatitis C protease inhibitor and a new class of antiviral treatments in clinical development that target hepatitis C virus (HCV), infection. Telaprevir is being evaluated in a registration program focused on treatment-naïve and treatment-failure patients with genotype 1 HCV infection. VX-770, the lead drug candidate in its cystic fibrosis (CF), program is being evaluated in a registration program that focuses on patients with CF who have the G551D mutation in the gene responsible for CF. Vertex is conducting a number of Phase IIa clinical trials of its earlier-stage drug candidates. On March 12, 2009, Vertex acquired ViroChem Pharma Inc. (ViroChem).


First Niagara Financial Group Inc. (NASDAQ:FNFG) percentage change fell -0.78%, to close at $13.96 and its overall traded volume was 2.16M shares on Monday, the stock had average daily volume of 2.11M shares. FNFG opened at $14.05 and is trading within the range of $13.81-$14.07. The stock has a 52 week range of $11.23 – $14.88. FNFG’s market capitalization is $2.92B and it has 209.10M outstanding shares.First Niagara Financial Group, Inc. provides a range of retail and commercial banking, as well as other financial services through its wholly owned savings bank subsidiary, First Niagara Bank (the Bank). First Niagara Bank is a community bank providing financial services to individuals, families, and businesses through its branch network located across Upstate New York and Western Pennsylvania. The Bank’s subsidiaries provide a range of financial services to individuals and small and medium size companies. The subsidiaries include First Niagara Commercial Bank (the Commercial Bank), whose primary purpose is to generate municipal deposits; First Niagara Funding, Inc., which primarily originates and holds some of the Bank’s commercial real estate and business loans, and First Niagara Risk Management, Inc. (FNRM). In September 2009, the Bank acquired 57 branch locations in Western Pennsylvania from National City Bank. In April 2010, it acquired Harleysville National Corporation.


Intersil Corporation (NASDAQ:ISIL) gained 0.41%, to close at $14.70 and its overall traded volume was 2.14M shares on Monday, the stock had average daily volume of 2.26M shares. ISIL opened at $14.50 and is trading within the range of $14.30-$14.76. The 52-week range of the stock is $9.80 – $16.97. At current market price, the market capitalization of the company stands at $1.83B and it has 124.35M outstanding shares.Intersil Corporation (Intersil) designs, develops, manufactures and markets high-performance analog integrated circuits (ICs). The Company’s product portfolio addresses some of the applications in four end markets: high-end consumer, industrial, communications and computing. In April 2010, Intersil Corporation acquired Techwell, Inc.


Urban Outfitters, Inc. (NASDAQ:URBN) percentage change surged 0.22%, to close at $36.09 and its overall traded volume was 2.14M shares on Monday, with the total traded volume of 2.89M shares. URBN opened at $35.81 and is trading within the range of $35.58-$36.22. The 52-week range of the stock is $29.03 – $40.84. URBN’s market capitalization is $5.92B and it has 164.04M outstanding shares.Urban Outfitters, Inc. (Urban Outfitters) is a lifestyle specialty retail company that operates under the Urban Outfitters, Anthropologie, Free People and Terrain brands. The Company also operates a wholesale segment under the Free People and Leifsdottir brands. Its retail stores offer differentiated collections of fashion apparel, accessories and home goods. In addition to its retail stores, the Company offers its products and markets its brands directly to the consumer through its e-commerce Websites, www.urbanoutfitters.com, www.anthropologie.com, www.freepeople.com, www.urbanoutfitters.co.uk and www.shopterrain.com, and also through its Urban Outfitters, Anthropologie and Free People catalogs.


China MediaExpress Holdings Inc (NASDAQ:CCME) slid -1.78%, to close at $17.17 and its overall traded volume was 2.14M shares on Monday, with the total traded volume of 1.07M shares. CCME opened the day at $18.00, it made an intraday low of $17.01 and an intraday high of $18.09. The stock has a 52 week range of $7.58 – $22.30. At current market price, the market capitalization of the company stands at $633.57M and it has 36.90M outstanding shares.China MediaExpress Holdings, Inc. (CME), through contractual arrangements with Fujian Fenzhong Media Co., Ltd. (Fujian Fenzhong), operates the television advertising network on inter-city express buses in China. The Company and its subsidiaries and variable interest entity (VIE) are engaged in the operation of mobile television advertising networks on passenger buses travelling on highways in the People’s Republic of China. The Company does not conduct any substantive operations of its own, but conducts it primary business operations through Fujian Fenzhong, a VIE of a wholly owned subsidiary, Fujian Across Express Information Technology Co, Ltd. (Across Express). On October 15, 2009, CME acquired all of the issued and outstanding capital stock of Hong Kong Mandefu Holding Limited (the HKMDF), its subsidiary and VIE, and as a result, HKMDF became its direct wholly owned subsidiary.

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