Monday's Late Winners & Losers
Texas Instruments (TXN) was among the winners amid a generally mixed after-hours session Monday.
Shares climbed 4.1% after the Dallas-based chipmaker
(SAI) shares were also doing well after the San Diego company
Elsewhere, Michigan's Perrigo (PRGO) said the Food & Drug Administration had approved Israel-based Dexcel Pharma's generic formulation of Prilosec OTC, for which Perrigo is the exclusive marketer and distributor in the store-brand, over-the-counter market. The drug, generically called Omeprazole, is indicated for treating acid reflux disease. Prilosec is made by Britain-based AstraZeneca (AZN).Perrigo pegs Omeprazole full-year sales at between $150 million and $200 million, which bumps up its fiscal 2008 profit view to between $1.32 and $1.47 a share. The prior range was $1.12 to $1.22 a share. Shares were up 85 cents, or 2.8%, to $31.80. And Smith Micro Software (SMSI), of Aliso Viejo, Calif., rose on word it agreed to buy PCTel's (PCTI) Mobility Solutions Group for $59.7 million in cash. The unit's products support 3G (third-generation networks), VoIP (voice-over Internet protocol) and other technologies. Smith Micro shares lately jumped 13.5% to $8.75. PC-Tel stock was flat at $7.61. On the flip side, Washington Mutual (WM) tumbled 9.1% after the Seattle-based bank
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV