(For large-cap stocks to watch, click on [WATCH/US])
March 9 (BestGrowthStock) – Some small and midcap stocks to watch
on Tuesday:
JONES SODA CO (JSDA.O: ), $0.50, down 40 pct
The struggling soft drink maker signed a letter of intent
to be acquired by Reeds Inc (REED.O: ) in a cash-and-stock deal
worth about $9.7 million. [ID:nSGE6280ED]
CERUS CORP (CERS.O: ), $2.67, up 13 pct
Robert W. Baird upgraded the blood safety products maker to
“outperform” from “neutral,” and said the market is
undervaluing the company’s Intercept red blood cell system.
[ID:SGE6280GY]
SUSQUEHANNA BANCSHARES INC (SUSQ.O: ), $8.61, down 5 pct
The company on Monday said it will offer common shares to
raise $300 million partly to support future acquisitions,
including FDIC-assisted acquisition transactions or to pay back
U.S. Treasury’s funds. [ID:nSGE6270L0]
AGFEED INDUSTRIES INC (FEED.O: ), $5.30, up 18 pct
The company reported better-than-expected full-year
earnings helped by increased production volumes in the
company’s hog division and animal nutrition divisions.
[ID:nWNAB6928]
MICROVISION INC (MVIS.O: ), $2.55, down 10 pct
The portable projector maker on Monday posted a narrower
quarterly loss that was in line with analysts’ view, but
revenue fell short of market expectations. [ID:nSGE6270LL]
IMMUNOGEN INC (IMGN.O: ), $7.68, up 4 pct
The drugmaker said on Monday its experimental skin cancer
drug received orphan drug designation from U.S. and European
health regulators. [ID:nSGE6270L7]
EXELIXIS INC (EXEL.O: ), $6.81, Monday’s close
The cancer drug developer posted a quarterly loss in line
with market expectations, and forecast a full-year revenue
above consensus estimates. [ID:SGE6280F5]
MATRIXX INITIATIVES (MTXX.O: ), $4.87, Monday’s close
The pharmaceuticals company said U.S. health regulators
declined to withdraw the warning letter on the company’s nasal
versions of Zicam cold remedy. [ID:SGE6280EX]
Stock Market Investing
(Reporting by Mansi Dutta in Bangalore)
HEADLINE STOCKS-U.S. small/midcap stocks to watch on March 9
