NYSE Market News

Rite Aid Corporation (NYSE:RAD): The stock is trading $1.40, up 7.05 percent from its previous close of $1.31. Rite Aid Corporation posted its first profit in 21 quarters.

MannKind Corp. (NASDAQ:MNKD): This development stage biopharmaceutical company saw great insider interest. The company CEO and Chairman Alfred E Mann bought 40 million shares at the average purchase price of $2.59. The entire transaction was worth $103.6 million.

Nike Inc. (NYSE:NKE): The stock is currently at $104.03, up 5.08 percent from its previous close of $99.00. Nike Inc. reported its second quarter results and its net income for the quarter ended on November 30 fell 18 percent to $384 million.

Herbalife Ltd. (NYSE:HLF): The stock is in the freefall after the news of hedge fund manager Bill Ackman shorting it. Herbalife stock fell to $34.33 in the current trading session and currently is at $35.89, down 3.89 percent from its previous close of $37.34.

NYSE Euronext (NYSE:NYX), the parent company of the 200-year old New York Stock Exchange, is to be sold for US$8.2 billion worth of cash and stocks to a relatively new exchange firm. In a statement, the world’s largest stock exchange operator signed a definitive agreement to be acquired by a rival exchange group, 12-year-old InterContinental […]

Ship Finance Limited (NYSE:SFL): This shipping company owns and operates offshore assets and vessels. Ship Finance Limited currently commands dividend yield of 9.52 percent. However, this is not the only point in the stock’s favor.

Usana Health Sciences Inc. (NYSE:USNA): The company stock is currently trading at $38.61, up 0.99 percent from its previous close. It opened at $38.18 and has traded in the range of $38.02 and $38.69 in the current trading session.

I have one thing to say to all the Scrooge-type pundits who say that the FTSE is “in the red.  “Bah. Humbug.”  Wake up!  It’s an index.  It goes up and it goes down.  It doesn’t go into the red.  Stop saying that.  You’re scaring everybody. And, please accept my apologies.  I have something more […]

Evolution Petroleum Corp. (AMEX:EPM): The stock saw purchase interest from Lovoi John, the company’s 10 percent owner. Lovoi bought 165,000 shares for $1.306 million at the rate of $7.92 apiece.

Athenahealth Inc. (NASDAQ:ATHN): The stock received rated upgrade from Sterne Agee. The stock is now rated Neutral, up from Underperformer. Athenahealth’s price target has also been raised from $48.50 to $72.