This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

10 Stocks to Watch: Primedia, Siga

NEW YORK ( TheStreet) -- Shares of online apartment finder Primedia (PRM) were surging 54.1% to $6.75 after agreeing to be bought by private-equity firm TPG Capital for $7.10 a share in cash, or about $525 million.

The provider of products that fight biowarfare diseases, Siga Technologies (SIGA), was surging 8.9% to $15.45, after announcing that it has won a five-year contract with the Biomedical Advanced Research and Development Authority of the U.S. Department of Health and Human Services to deliver 2 million courses of its smallpox antiviral product, ST-246, to the strategic national stockpile.

Exchange operator NYSE Euronext (NYX) was plunging 8.7% to $37.35 after the NASDAQ OMX Group (NDAQ)and IntercontinentalExchange (ICE) announced that they are withdrawing their proposal to buy NYSE Euronext, following discussions with the U.S. Department of Justice antitrust division.

Shares of Lowe's (LOW - Get Report), the home-improvement retailer, were tumbling 5.1% to $24.45 in premarket trading Monday after saying its first-quarter earnings fell 5.7% and came in below analysts' estimates.

Joy Global (JOYG), the maker of mining equipment, agreed to acquire LeTourneau Technologies from Rowan (RDC - Get Report) for $1.1 billion in cash. Rowan shares were trading sideways at $38.01.

Pay TV company Dish Network (DISH - Get Report) said Joseph Clayton has been named the company's new CEO, effective June 20.

Amylin Pharmaceuticals (AMLN) is suing Eli Lilly (LLY - Get Report), accusing Lilly of anticompetitive activity and breaching alliance agreements with Amylin on maximizing the commercialization of diabetes treatment exenatide.

American International Group (AIG - Get Report) and the U.S. Treasury's $9 billion stock sale have drawn interest from investors for about half the offering, the Wall Street Journal reported, citing sources familiar with the situation.

>>Search for Highest Dividends by Rate or Yield
More on Earnings
Today's Top Earnings
Earnings Calendar

-- Written by Andrea Tse in New York.

>To contact the writer of this article, click here: Andrea Tse.

>To follow the writer on Twitter, go to Andrea Tse.

>To submit a news tip, send an email to:
Copyright 2011 Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
NYX $0.00 0.00%
AIG $58.15 1.70%
DISH $59.46 0.85%
LLY $86.19 -1.50%
LOW $71.61 2.00%


Chart of I:DJI
DOW 16,736.41 +264.04 1.60%
S&P 500 1,981.51 +30.15 1.55%
NASDAQ 4,768.2090 +60.4340 1.28%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs