Conceptus rallies on Bayer takeover
Jon "DRJ" Najarian | [email protected]
Conceptus agreed to a $1.1 billion takeover at the hands of Germany's Bayer. That's a decent premium for the birth-control company, which hit a new all-time high last week, and CPTS is up 20 percent before the bell on my tradeMONSTER platform.
Sina Rallies on Alibaba Deal
Chinese social-media stock Sina announced it had struck a deal to collaborate with e-commerce giant Alibaba. The deal is expected to help monetize the Weibo service, driving SINA higher by 14 percent in early trading.
Walt Disney Raised to 'Buy' at UBS
Walt Disney was upgraded to "buy" from "neutral" by UBS, which predicted earnings will keep improving for the next year. DIS rose more than 1 percent in the premarket.