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  • Hot Stocks to Watch on Wednesday | SFI | ADBE | VVUS | DFS |

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    Wednesday Sept 22, 2010, 00:53 am EST
     
    Stocks in Focus on Wednesday 09/22/10 -   SFI, ADBE, VVUS, DFS
     
    Dear Traders,
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    Hot Stocks to Watch Wednesday 09/22/2010  are
    SFI- iStar Financial Inc.
    ADBE- Adobe Systems Inc.
    VVUS- VIVUS, Inc.
    DFS- Discover Financial Services


    SFI - iStar Financial Inc. (NYSE:SFI)
    IStar Financial Inc. (SFI) shares fell more than 15% Tuesday following a report from Bloomberg that the commercial real-estate lender might prefer a pre-packaged bankruptcy plan for 2011. Creditors have blocked iStar, which is carrying about $8.6 billion in debt, from restructuring some of its loans, Bloomberg reported, citing unidentified sources with knowledge of the plan
     
    ADBE-Adobe Systems Incorporated (NASDAQ:ADBE)
    Shares of Adobe Systems Inc. dropped heavily in After Hours Tuesday. Adobe Systems Inc. posted a 69 percent jump in quarterly net income Tuesday but its shares tumbled after the software company said its revenue in the current quarter would be less than what Wall Street expected. Adobe can be a good buy at such low price. A correction might come as early as Wednesday before day closing.

    VVUS- VIVUS, Inc. (NASDAQ:VVUS)
    Shares of Vivus Inc. gained 10% on Tuesday after the company reported results from a two-year study of its obesity drug Qnexa, and said the data demonstrate the drug's safety. Vivus (VVUS) said the study results show there is no evidence of patients attempting suicide or reporting suicidal thoughts, and Qnexa's effects on heart rate were small.

    DFS- Discover Financial Services (NYSE:DFS)

    Citigroup Inc.’s Student Loan Corp. was sued by a shareholder because he believes he will be shortchanged in a planned $600 million acquisition by Discover Financial Services. Student Loan corp. was accused of selling itself at low price as Citi is in need of Cash.

     

    God Bless,
    Be Rich.


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    Disclaimer : The views on this Website are not investment advisories, and should not be used to make investment decisions. Author of the Website does not own any of the stocks discussed and is not paid for to discuss any stocks. All the Information provided on Hot Stocks Everyday is just a personal opinion and is for information purposes only. Postings on the Website should not be considered while making decisions for Buying or Selling a Stock. The graphs and stock analysis provided here are not meant for investment purposes and only serve as technical examples. Think yourself and make a Wise Decision before buying any Stock.

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