Archive for August 26th, 2009

Nasdaq, Brazilian exchange to discuss partnership (AP)

Nasdaq OMX Group Inc., which runs the Nasdaq stock exchange, and Brazilian stock and commodities exchange operator BM&FBOVESPA SA said Wednesday that they will begin exclusive discussions over the next 60 days aimed at setting up a strategic, commercial and technological partnership.

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Movers roundup: Nymox, Deltek (AP)

Nymox Pharmaceutical Corp. said it plans to start testing a cancer treatment candidate on people after it showed promising results in laboratory rodents, pushing shares higher in afternoon trading.

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Business Highlights (AP)

Consumers and businesses went on a big-ticket spending spree in July, sending home, car and equipment sales soaring by the largest amount in years.

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Hovnanian, US Airways, Ruby Tuesday are big movers (AP)

The following stocks were among those that moved substantially or traded heavily Wednesday on the New York Stock Exchange:

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Nymox to advance drug program, shares surge (AP)

Nymox Pharmaceutical Corp. said Wednesday it plans to start testing a cancer treatment candidate on people after it showed promising results in laboratory rodents, pushing shares higher in afternoon trading.

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Sector Snap: Airlines up as oil falls again (AP)

Airlines were in the green again Wednesday, as oil prices continued to slip on government data showing that the nation’s crude supplies are up — a signal that demand hasn’t come back.

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Deltek shares rise on Barclays upgrade (AP)

Shares of Deltek Inc. rose Wednesday after a Barclays Capital analyst upgraded the software provider’s stock, saying the shares are currently undervalued and set to increase.

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Dycom shares sink on fiscal 1Q revenue outlook (AP)

Shares of Dycom Industries Inc. sank Wednesday after the telecommunications contractor offered lackluster revenue guidance for its fiscal first quarter.

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Analysis: Bernanke is Obama’s safe choice at Fed (AP)

Giving Ben Bernanke a second term as Federal Reserve chairman was the politically safe course for a president beset by multiple crises and wanting no new battles.

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American Woodmark shares fall after fiscal 1Q loss (AP)

Shares of American Woodmark Corp. fell Wednesday, a day after the kitchen cabinet maker posted a fiscal first-quarter loss.

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