The Food and Drug Adminstration placed two of Idenix Pharmaceuticals Inc.'s (Nasdaq: IDIX) hepatitis C drugs on hold citing safety concerns. Shares of the biopharmaceutical plummeted $2.86 to $3.13....

Barclays Capital analyst C. J. Muse downgraded Brooks Automation Inc. (Nasdaq: BRKS) citing weak industry trends sending the stock price down 82 cents to $5.87....

China Sky One Medical Inc. (Nasdaq: CSKI) cut its full year guidance on Friday after market close citing the termination of relationships with several major distributors. The stock price plummeted $2.90 to $6.79....

Oclaro Inc. (Nasdaq: OCLR) will present at the Citi Technology Conference next Tuesday, September 7, 2010 sending the stock price soaring $1.89 to close at $13.11....

SeaChange International Inc. (Nasdaq: SEAC) reversed year ago losses of a penny per share to post a profit of 11 cents per share but the results fell short of expectations and the company forecast disappointing current quarter results. The stock price...

Quiksilver Inc. (NYSE: ZQK) reported higher third quarter earnings of 6 cents per share compared with a penny per share last year but revenue fell to miss expectations sending the stock price down 47 cents to close at $3.63....

Celldex Therapeutics Inc. (Nasdaq: CLDX) and Pfizer Inc. (NYSE: PFE) ended their development and marketing agreement for Celldex's cancer vaccine rindopepimut. Shares of Celldex plummeted $1.52 to $3.26 while Pfizer stock edged up a penny to $16.41....

First quarter earnings fell for Finisar Corp. (Nasdaq: FNSR) to 24 cents per share from 62 cents per share in the year ago period but revenue climbed and the results topped analyst estimates. The stock price surged $2.11 to $15.72....

Ulta Salon, Cosmetics & Fragrance Inc. (Nasdaq: ULTA) reported higher second quarter earnings of 22 cents per share compared with 10 cents per share a year earlier and revenue that beat analyst expectations sending the stock price soaring $3.73 to $25.96....

Morgan Stanley upgraded Melco Crown Entertainment Ltd. (Nasdaq: MPEL) on news that overall gaming revenue in Macau soared 40% in August. The stock price gained 50 cents to close at $4.41....

Saks Inc. (NYSE: SKS) reported a 1% increase in same store sales. Shares of the luxury retailer climbed 80 cents to close at $8.22....

Pier 1 Imports Inc. (Nasdaq: PIR) reported that second quarter same store sales climbed 11.2% lifting the stock price $1.11 to close at $7.65....

Orexigen Therapeutics Inc. (Nasdaq: OREX) will receive $50 million upfront in a development and sales agreement with Takeda Pharmaceuticals for the obesity treatment Contrave. The stock price soared $1.03 to $5.62....

Private equity firm 3G Capital will acquire Burger King Holdings Inc. (NYSE: BKC) in a deal valued at approximately $4 billion, including the assumption of debt. Shares of the fast food restaurant chain leaped $4.57 to $23.43....

Sycamore Networks Inc. (Nasdaq: SCMR) swung to a fourth quarter profit of 2 cents per share compared with a loss of $1.23 per share last year as revenue rose sending the stock price soaring $4.85 to $27.07....

The Securities and Exchange Commission's investigation into KB Home (NYSE: KBH) for possible accounting violations ended with no enforcement action. Shares of the homebuilder climbed $1.14 to close at $11.45....

Local.com Corp. (Nasdaq: LOCM) entered an agreement with Yahoo Publisher Network to distribute paid search results lifting the stock price 44 cents to close at $3.84.  ...

G-III Apparel Group Ltd. (Nasdaq: GIII) reversed year ago losses of 17 cents per share to post an unexpected profit for the second quarter of 15 cents per share. The company lifted its full year guidance sending the stock price soaring...

Human resources technology company Kenexa Corp. (Nasdaq: KNXA) offered $80 million in cash to acquire Salary.com (Nasdaq: SLRY). Shares of Kenexa rose 49 cents to $11.60 while Salary.com stock leaped $1.22 to $4.08....

Sunrise Senior Living Inc. (NYSE: SRZ) will receive $50 million from HCP in a settlement and restructuring agreement. The stock price leaped 93 cents to $3.14....

The Wall Street Journal reported that Burger King Holdings Inc. (NYSE: BKC) entered discussions with private equity firms for a possible sale of the fast food chain lifting the stock price $2.41 to $18.86....

HSBC analyst Yolanda Wang expects Spreadtrum Communications Inc. (Nasdaq: SPRD) to pick up Infineon 2G clients after Intel Corp. (Nasdaq: INTC) acquires Infineon's wireless unit. Shares of Spreadtrum climbed $1.31 to close at $11.46 while Intel stock eased 29 cents to close...

Winn-Dixie Stores Inc. (Nasdaq: WINN) reported higher fourth quarter earnings of 25 cents per share compared with 17 cents per share a year earlier due to a longer quarter but same store sales fell and the grocery store chain forecast full year...

Billionaire investor Carl Icahn increased his offer to purchase Lions Gate Entertainment Corp. (NYSE: LGF) by $1 per share to $7.50 per share lifting shares of the motion picture company 65 cents to close at $7.14....

Isle of Capri Casinos Inc. (Nasdaq: ISLE) disappointed by swinging to an unexpected loss for the first quarter of 8 cents per share compared with income of 3 cents per share in the year ago period as revenue slipped while expenses rose. The...

Energy Conversion Devices (Nasdaq: ENER) reported a narrower than expected loss for the fourth quarter of 48 cents per share compared with a loss of 42 cents per share a year earlier as revenue surged. Shares of the photovoltaic products company climbed...

An article in the Daily Mail said that a consortium of private equity firms from the United States and the United Kingdom was prepared to offer $1.7 billion for Saks Inc. (NYSE: SKS) lifting shares of the luxury retailer $1.48 to...

Genzyme Corp. (Nasdaq: GENZ) rejected Sanofi-Aventis' $18.5 billion acquisition offer as too low. Shares of Genzyme climbed $2.29 to close at $69.91....

Credit Suisse cut its earnings estimates on Advanced Micro Devices Inc. (NYSE: AMD) and Micron Technology Inc. (NYSE: MU). Shares of Advanced Micro Devices lost 30 cents to close at $5.78 while Micron Technology stock slipped 29 cents to close...

Intel Corp. (Nasdaq: INTC) will pay approximately $1.4 billion to acquire Infineon's wireless chip business. Shares of the chipmaker fell 41 cents to close at $17.96....