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With credit hard to come by, companies with cash on hand are worth a second look.
The Shanghai-based telecom media provider soars 32% on an investment by PT Media Nusantara Citra.
Linktone climbs on an investment by PT Media Nusantara Citra.
The biopharmaceutical company plans to pay $104 million under the Dutch auction tender offer.
Kensey Nash advances after its third-quarter earnings beat forecasts.
It will be a busy week, with a slew of data on tap and Ben Bernanke's first FOMC meeting as Fed chairman.
Don't buy a stock just because it crosses above its 200-day moving average.
The company's shares plunge nearly 70% after clinical data disappoint.
The company may terminate up to 46% of its workers and it also lowers its forecast for Visudyne sales.
Its Visudyne fails to meet two-year goals in a subgroup of macular degeneration patients.
The company, with Retaane, is bidding to join a field including Eyetech, Genentech and QLT.
The maker of Macugen sees its market cap plunge 45% as a possible competitor from Genentech comes calling.
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