NEW YORK (TheStreet) — Shares of PharMerica tumbled in late trades on Friday after the Federal Trade Commission said it's suing to block the hostile takeover of the company by Omnicare. In a statement on its Web site, the FTC said its complaint against the deal alleges "the combination of the two largest U.S. long-term care pharmacies would harm competition and enable Omnicare to raise the …
PharMerica, Amylin: After-Hours Trading
January 27th, 2012Starbucks shares fall on modest outlook
January 27th, 2012Starbucks Corp.'s shares fell in trading Friday as investors scaled back their sky-high expectations for the coffee company.
Shares of Amyris Now Oversold
January 27th, 2012In trading on Friday, shares of Amyris, Inc. (NASD: AMRS) entered into oversold territory, changing hands as low as $9.53 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to …
1 Tech Stock Surging After Hours and 3 Plummeting
January 26th, 2012A rough night for technology earnings.
Trading Starbucks On K-Cup Sales, Coffee Costs
January 26th, 2012Starbucks shares declined in after-hours trading on downgraded guidance, possibly making it a better stock for one kind of investor.