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  • Stocks in Focus Monday | ARRY | VZ | GENZ | ACTL |

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    Monday Oct. 4, 2010, 11:40 am EST
     
    Stocks in Focus Today 10/04/10 - ARRY, VZ, GENZ, ACTL
     
    Dear Traders,
    Sign up for Daily alerts directly to your inbox.
    Hot Stocks to Watch Monday 10/04/2010  are
    ARRY- Array BioPharma Inc.
    VZ- Verizon Communications Inc.
    GENZ- Genzyme Corporation
    ACTL- Actel Corporation

    ARRY - Array BioPharma Inc.(NASDAQ:ARRY)
    Array BioPharma Inc. (ARRY) on Friday announced positive interim results of its novel, oral HER2 (ErbB2) inhibitor, ARRY-380, in a Phase 1 trial in patients with advanced cancer.
     
    VZ-Verizon Communications Inc.(NYSE:VZ)
    Verizon Wireless will be paying up to $90 million in refunds to cell phone customers who were wrongly charged for Web access or data usage over the past several years which they never used. The FCC last year had asked Verizon Wireless regarding $1.99-a-megabyte data access fees charged to customers who didn't have data plans but accidentally initiated data or Web access by pressing a button on their phones.

    GENZ- Genzyme Corporation (NASDAQ:GENZ)
    Sanofi-Aventis SA puts forward an $18.5 billion hostile takeover offer for Genzyme Corp (GENZ) after the Genzyme's refusal to negotiate on $69-a-share bid regarding it as too low. The offer expires on 11:59 p.m. in New York on Dec. 10.
     

    ACTL- Actel Corporation (NASDAQ:ACTL)
    Microsemi Corporation (MSCC) announced today that it will acquire Actel Corporation (ACTL) for $20.88 per share. The total transaction value is approximately $430 million considering Actel's projected cash balance at closing.

     

    God Bless,
    Be Rich.


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