Shares of Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN) are up 28% premarket on robust volume in response to the announcement of Merck’s acquisition of rival Hep C firm Idenix Pharmaceuticals. The transaction bodes well for Achillion’s attractiveness as an acquisition target. It has a portfolio of Hepatitis C product candidates including the Fast Track-designated NS5A inhibitor ACH-3102, the NS3/4A inhibitor ACH-2684 and the NS5B inhibitior ACH-3422. Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN) stock opened at $3.97 and is currently trading at $3.83. The stock showed a positive weekly performance of 6.27%.
On June 2, Dollar Tree Inc (NASDAQ:DLTR) was upgraded by equities research analysts at Sterne Agee from a “neutral” rating to a “buy” rating in a research note issued to investors on Thursday, TheFlyOnTheWall.comreports. The firm currently has a $61.00 price target on the stock, up from their previous price target of $54.00. Sterne Agee’s target price points to a potential upside of 15.03% from the company’s current price. Dollar Tree, Inc. (NASDAQ:DLTR) stock opened at $ 56.86, in current trading session and currently is at $56.25, by gaining 2.05%. The 52 week range of the stock is $48.30 – $60.19. Company’s market capitalization is $ 11.64 billion.
On June 3, Analog Devices, Inc. (NASDAQ:ADI), a global leader in high-performance semiconductors for signal processing applications, announced that it plans to webcast its Analyst Day, scheduled to begin at approximately 8:30 a.m. Eastern Time on Tuesday, June 17, 2014. Analog Devices, Inc. (NASDAQ:ADI) stock is currently trading at $55.65. The EPS of the stock is 2.26. Company’s market capitalization is $17.49 billion.
On June 3, 2014 WisdomTree Investments, Inc. (NASDAQ:WETF)an exchange-traded product (“ETP”) sponsor and asset manager, announced that Jonathan Steinberg, Chief Executive Officer; and Amit Muni, Chief Financial Officer; will present at the William Blair & Company 2014 Growth Stock Conference on Tuesday, June 10th at 9:30 a.m. ET in Chicago. WisdomTree Investments, Inc. (NASDAQ:WETF) stock opened the session at $12.71, and now is at $12.38. The 52 week range of the stock remained $9.11 – $18.50 and the day range was $12.29 – $12.73.
On June 3, 2014 EDAP TMS S.A. (ADR) (NASDAQ:EDAP)a global leader in therapeutic ultrasound, announced the closing on June 2, 2014 of a $9.3 million registered direct offering of ordinary shares in the form of American Depositary Shares (“ADSs”), at a price of $3.11 per share, with no warrants. The Company intends to use a portion of the net proceeds to advance preparatory activities in connection with the Ablatherm-HIFU PMA process and the upcoming U.S. Food and Drug Administration (FDA) Gastroenterology and Urology Devices Panel of the Medical Devices Advisory Committee scheduled for July 30, 2014. EDAP TMS S.A. (ADR) (NASDAQ:EDAP) stock opened today at $3.70 and is currently trading at $3.75. The stock showed a positive weekly performance of 15.62%.