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  • Stocks in Focus Thursday | ITMN | VZ | BLUD |

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    Thursday Oct. 7, 2010, 08:53 am EST
     
    Stocks in Focus Today 10/07/10 - ITMN, VZ, BLUD
     
    Dear Traders,
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    Hot Stocks to Watch Thursday 10/07/2010  are
    ITMN- InterMune, Inc.
    VZ- Verizon Communications Inc.
    BLUD- Immucor Inc.

    ITMN - InterMune Inc. (NASDAQ:ITMN)
    InterMune, Inc. (ITMN) announced that 1600it has sold worldwide development and commercialization rights to danoprevir (also known as RG7227 or ITMN-191) to Hoffman-La Roche Inc. and F. Hoffman-La Roche Ltd. for $175 million in cash. In connection with this transaction, the collaboration agreement that InterMune and Roche entered into in October 2006 has been terminated. Intermune is expecting to have $290 million in Cash at the end of 2010.
     
    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.

    BLUD- Immucor Inc. (NASDAQ:BLUD)
    Immucor Inc. (NASDAQ:BLUD), The maker of products used to screen donated blood said adjusted earnings in 2011 will be no more than $1.18 a share, compared with the average analyst estimate of $1.28 a share.
     


    God Bless,
    Be Rich.


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