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ZTE shares jump to over two-month high on China handset demand
HONG KONG - Shares of ZTE Corp , the world's sixth-largest handsets maker, rose more than 6 percent to hit a more than two-month intraday high on Friday as smartphone demand is forecast in China is forecast by analysts to remain strong.
Aetna expands coverage of Dendreon drug; stock jumps
- Health insurer Aetna Inc said on Friday it will pay for a greater number of patients to receive Provenge, the prostate cancer drug made by Dendreon Corp, sending Dendreon's shares up as much as 10 percent.
Allscripts shares jump on report company considering sale
- Shares of Allscripts Healthcare Solutions Inc rose as much as 20 percent on Friday after Bloomberg reported that the healthcare information technology provider was exploring a sale.
GE raises 2012 sales view, stock up three percent
CROTONVILLE, New York - General Electric Co on Thursday raised its 2012 industrial revenue growth forecast to 10 percent, the high-end of its prior 5 to 10 percent range, sending its shares to their highest price level since 2008.
RIM surprises with cash boost and resilient sales; shares surge
TORONTO - Research In Motion Ltd reported a narrower-than-expected loss on Thursday and the struggling BlackBerry maker bolstered its cash reserves, sparking optimism ahead of the launch of its make-or-break line of next-generation smartphones. | Video
Santander Mexico shares jump in debut, bucking trend
MEXICO CITY - Banco Santander's Mexican unit defied gloom in global markets as its newly listed shares rose sharply on Wednesday after its Spanish parent raised $4 billion in a record issue for Latin America's second-largest economy.
Royale Energy shares jump on Alaska acreage development plans
- Shares of Royale Energy Inc jumped 61 percent after the company reaffirmed plans to develop its acreage in Alaska near an area where privately held Great Bear Petroleum Operating LLC said it could find oil.
BYD shares slump 9 percent after CLSA slashes target price
HONG KONG - Shares of Warren Buffett-backed BYD Co Ltd slumped 9 percent in Hong Kong trading after brokerage CLSA slashed its target price for the electric car maker.
Bumi Resources shares rally 13 pct on low valuation
JAKARTA - Shares in Bumi Resources , Asia's largest thermal coal exporter, surged 13 percent on Thursday on investor bargain hunting, after the stock was battered this week by an investigation into alleged financial irregularities.
Peregrine Pharma shares fall on capital woes
- Peregrine Pharmaceuticals Inc said it has capital to fund its operations until April as it was forced to pay off a loan after it reported errors in data from a lung cancer study, sending its shares down as much as 15 percent in extended trade.
No related earnings announcements are currently scheduled within the next 7 days.
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