News Headline Summary

RANsquawk - Today's trading edge

TIME: 2057GMT
NEWS: Virginia Commerce (VCBI) hires Sandler O'neil to find potential buyer according to reports
REACTION: In reaction to this headline co. shares gained 12% to print a high of USD 10.70

TIME: 1924GMT
NEWS: Cabot Microelectronics (CCMP) downgraded to neutral from buy at DA Davidson
REACTION: Co. shares move 1.66% lower in immediate reaction to the news from USD 36.20 to USD 35.61

TIME:1923GMT
NEWS: Rogers (ROG) downgraded to neutral from buy at DA Davidson
REACTION: Co. shares move 3% lower in immediate reaction to the news from USD 51.14 to USD 49.58.

TIME: 1826GMT
NEWS: Tech Crunch report that Yandex (YNDX) have built a Facebook (FB) search app
REACTION: YNDX shares moves 2.5% higher in reaction to this article over 5 minutes.

TIME: 1803GMT
NEWS: Telik's (TELK) Telintra get orphan drug designation from the FDA
REACTION: In an immediate reaction; co.'s shares moved 23% higher from USD 1.54 to USD 1.90.

TIME: 1526GMT
NEWS: Longbow Research cautious on Monster Beverage (MNST)
REACTION: Co. shares moved 1% lower in immediate reaction before bouncing back to pre-announced levels.

TIME: 1452GMT
NEWS: Renren (RENN) are in talks with Microsoft to be included in the People app for Windows 8 according Marbridge Consulting
REACTION: In immediate reaction RENN shares rose 2.21%, going from USD 3.85 to USD 3.98

TIME: 1129GMT
NEWS: MorphoSys (MOR GY) confirms three drugs partnered with Novartis (NOVN VX)
REACTION: In reaction to this news MorphoSys shares pop 2.2% higher to print a high at EUR 31.22.

TIME:1100GMT
NEWS: Trinity Mirror (TNI LN) confirms that it has been approached by groups of investors
REACTION: In an immediate reaction, co. shares spiked up 7.22% from GBP 1.0154 to GBP 1.089.

TIME:0854GMT
NEWS: Vestas (VWS DC) says has credit lines of EUR 1.55bln
REACTION: Co. shares moved up 3.65% immediate reaction

TIME: 0831GMT
NEWS: Hugo Boss (BOSS GY) CFO says wants to outperform luxury market growth of up to 6% in 2013
REACTION: In an immediate reaction, co. shares spiked up 1.25% from EUR 81.96 to EUR 83.03.

11 Jan 2013 - 21:26 - - Source: RANsquawk

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