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Scholastic Corp. (SCHL) reported a first quarter loss of $1.81 per share Thursday morning, compared to last year's loss of $1.15 per share. Revenue in the first quarter was $189.2 million, down 33 percent from $282.7 million a year ago. Scholastic gapped open sharply lower Thursday, but traded in...

The FDA issued a warning to doctors about the risks of Intercept Pharmaceuticals Inc.'s (ICPT) Ocaliva drug after the death of 19 patients. Seven of those deaths were due to improper dosing of the drug. Intercept Pharmaceuticals traded in a range during the first hour of Thursday's session, but steadily...

Anadarko Petroleum (APC) announced after the close Wednesday that its board of directors has authorized a $2.5 billion share-repurchase program. Anadarko Petroleum gapped open sharply higher Thursday, but traded in a range for the majority of the session. Shares finished with a gain of 3.68 at $48.49...

Calgon Carbon Corp. (CCC) announced Thursday morning that it has agreed to be acquired by Kuraray for $21.50 per share in cash. Calgon Carbon gapped open dramatically higher Thursday, but moved in a narrow range throughout the session. The stock closed up by 8.20 at $21.40 on the highest volume of...

The Wall Street Journal reported Thursday afternoon that Impax Laboratories Inc. (IPXL) is in merger talks with privately held Amneal Pharmaceuticals. Impax Laboratories broke out around midday Thursday and ended the day with a gain of 2.25 at $23.80 with volume at nearly a 6-month high. The stock...

Akari Therapeutics (AKTX) announced Thursday morning that it plans to advance Coversin towards Phase III clinical studies in the first quarter of 2018. The decision was made following a recent Type B End of Phase II Meeting with the FDA. Akari Therapeutics gapped up at the open Thursday and rose steadily...

Bed Bath & Beyond (BBBY) reported second quarter EPS of $0.67 after the bell Tuesday, down from $1.11 in the previous year. Analysts expected EPS of $0.95. Bed Bath & Beyond gapped open sharply lower Wednesday, but was range-bound throughout the session. Shares finished with a loss of 4.29 at $22.74...

Adobe Systems Inc. (ADBE) reported third quarter EPS of $1.10 after the bell Tuesday, up from $0.75 in the prior year period. The consensus estimate was for EPS of $1.01. Adobe Systems gapped open sharply lower Wednesday and fell in early trade, before settling into a range. The stock closed down...

FedEx Corp. (FDX) reported first quarter EPS of $2.51 after the bell Tuesday, down from $2.82 a year ago. Revenues rose 4.1% to $15.3 billion from $14.7 billion last year. FedEx climbed until mid-morning Wednesday, before settling into a range. The stock closed up by 4.50 at $220.50 with volume at...

Alnylam Pharmaceuticals Inc. (ALNY) and Sanofi Genzyme announced Wednesday morning that their Phase 3 study of patisiran, in patients with hereditary ATTR amyloidosis with polyneuropathy, met its primary endpoint and all secondary endpoints. Alnylam Pharmaceuticals gapped open sharply higher Wednesday...

Synchronoss Technologies Inc. (SNCR) announced Tuesday morning that it remains in active discussions with Siris Capital Group and other interested parties regarding a range of potential strategic transactions. The announcement came after Siris revealed that it is no longer considering an all-cash buyout...

Supernus Pharmaceuticals Inc. (SUPN) announced the results from the interim analysis from the Phase III clinical trial of SPN-810 after the close Monday. The company has decided to drop the lower dose of 18 mg. Both trials will continue through to completion at the 36 mg dose. Supernus Pharmaceuticals...

Sturm Ruger & Co. (RGR) traded in a narrow range for the majority of Tuesday's session, but spiked higher in late trade on increased volume. Shares finished with a gain of 6.55 at $54.35. Sturm Ruger broke out to a month and a half high Tuesday and re-crossed its 50-day moving average. The gun maker...

T-Mobile US Inc. (TMUS) rose steadily until mid-morning Tuesday and took out the session highs going into the close. Shares finished with a gain of 3.62 at $65.42 on above average volume. T-Mobile US broke out to over a 3-month high. The stock climbed on media reports that it is in merger talks with Sprint (S).

Bob Evans Farms (BOBE) announced Tuesday morning that it has agreed to be acquired by Post Holdings Inc. (POST) for $77.00 per share. Bob Evans Farms gapped open sharply higher Tuesday, but traded in a range for the majority of the session. Shares finished with a gain of 4.48 at $77.41 on the highest...

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