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  • Stocks in Focus Tuesday | 04/05/11 || CBST | IRE | ADI | EXPE |

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    Tuesday Apr. 05, 2011, 09:43 am EST
    Stocks to Watch on Tuesday -  CBST, IRE, ADI, EXPE
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    CBST - Cubist Pharmaceuticals, Inc. (NASDAQ:CBST)
    Monday was a great day for Cubist Pharmaceuticals Inc. (NASDAQ:CBST). Cubist said on Monday (After Market close) that it has resolved a patent suit with Teva Pharmaceutical Industries Ltd., agreeing to give the drugmaker a license to sell a generic version of its antibiotic Cubicin by 2018. Teva will be able to sell the drug only in 2018 giving a relief to Cubist. Also as per the deal, Cubist will be Teva's sole supplier of the API.

    IRE - Bank of Ireland (ADR) (IRE)
    Shares of Bank of Ireland are gaining on increasing Investor confidence in Irish banks after Ireland’s new government stated that they will refinance the banking system with an additional 24 billion euros. The Governor and Company of the Bank of Ireland provides a range of banking, life insurance and other financial services to customers in Ireland and United Kingdom. Bank of Ireland if survived will be a great long term investment.

    ADI- Analog Devices, Inc. (NYSE:ADI)
    Shares of Analog Devices are expected to see a jump today after Texas instruments Inc. (NYSE:TXN) announced that they are buying National Semiconductor with a 75% premium from Monday's closing price. Analog Devices is second largest manufacturer of Analog Chips after Texas Instruments. With Texas Instruments paying such a high premium for the company, Shares of almost all the semiconductor companies are high in the pre market.

    EXPE- Expedia Inc. (NASDA:EXPE)
    American Airlines announced that they are resuming doing business with Expedia, Inc.. Also Expedia has restored access to fares and schedule information of American Airlines and its subsidiary American Eagle on Expedia and Hotwire sites. Expedia shares had dropped considerably earlier when American decided to remove its listings from Expedia. EXPE shares can see a good jump today.

    God Bless,
    Be Rich.

    List of Most Popular Stocks Today 

    Schnitzer Steel Industries, Inc. (NASDAQ:SCHN)
    McCormick & Schmick's Seafood Restaurant (NASDAQ:MSSR)
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    Worthington Industries, Inc. (NYSE:WOR)
    XSUNX Inc. (XSNX.OB)
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    DryShips, Inc. (DRYS)
    Lubrizol Corporation (LZ)
    Waste Management, Inc. (WM)
    Aastrom Biosciences, Inc. (ASTM)

    Other Popular Stocks Today 

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    Research In Motion Limited (RIMM)
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    Accenture Plc (NYSE:ACN)
    CROCS Inc. (CROX)
    Ambac Financial Group, Inc. (ABK)
    ING Groep NV (ING)
    Joy Global, Inc. (JOYG)
    Mesabi Trust (NYSE:MSB)
    Imaging3 Inc. (IMGG.OB)
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    Cardium Therapeutics Inc. (CXM)
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