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  • Stocks in Focus Tuesday | MXL | CLDX | AXP |

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    Tuesday Oct. 5, 2010, 08:42 am EST
     
    Stocks in Focus Today 10/05/10 - CLDX, MXL, AXP
     
    Dear Traders,
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    Hot Stocks to Watch Tuesday 10/05/2010  are
    CLDX- Celldex Therapeutics, Inc.
    MXL- MaxLinear, Inc.
    AXP- American Express Company

    CLDX - Celldex Therapeutics, Inc. (NASDAQ:CLDX)
    Celldex Therapeutics is expected to gain today after the vaccine data. Recent data said Patients with the brain cancer glioblastoma treated with a vaccine lived nearly twice as long as those who received radiation and chemotherapy.
    "It does appear to help patients live much longer than we could have expected," said Dr. John Sampson of Duke University in North Carolina, whose team worked on the study published in the Journal of Clinical Oncology.

     
    MXL-MaxLinear, Inc. (NYSE:MXL)
    MaxLinear Inc. (MXL) plunged around 12 percent in the after hours. The designer of semiconductors that let people watch television on their mobile devices cut its fiscal third-quarter sales forecast to no more than $18.6 million, compared to analysts estimates of 20.3 million.

    AXP- American Express Company (NYSE:AXP)
    American Express Company (AXP) announced that the antitrust lawsuit filed against the Company is acting against the previous efforts by Department of Justice to promote competition in the payments industry. The new approach would ultimately limit consumer choice, reduce competition and curtail innovation.
     


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