Investing

10 Major Stock Movers For Monday (AMRN, AMAG, AIB, IRE, NBG, DRYS, NLST, ALU, RYAAY, VOLT)

Amarin Corporation plc (NASDAQ: AMRN) is indicated up 50% at $5.35, well above the $3.85 52-week high, after its AMR101 met pivotal phase 3 study endpoints with highly statistically significant reductions in triglycerides at 4 gram and 2 gram doses with no statistically significant increase in LDL-C and safety profiles.

AMAG Pharmaceuticals, Inc. (NASDAQ: AMAG) is soaring after it said that the company has reached an agreement with the FDA to update the label for its anemia drug Feraheme with precautions.  Shares are up 17% to $16.48 on the news, but keep in mind that the 52-week range is $13.75 to $52.49.

Irish banks are cheering the bailout of Ireland, even if these are become more and more government-owned out of the plan.  Allied Irish Banks plc (NYSE: AIB) is up 8.8% at $1.03 and The Bank of Ireland (NYSE: IRE) is up over 19% at $1.72.  The National Bank of Greece SA (NYSE: NBG) is far from Ireland, but it has that PIIGS thing going for it.  Help for one, help for all… NBG shares are up 1.7% at $1.75.

DryShips, Inc. (NASDAQ: DRYS) is seeing a pop this morning after its Ocean Rig UDW subsidiary signed a contract with Borders & Southern Petroleum for a 2 well exploration and drilling pact in the offshore Falkland Islands area for roughly $77 million.

Netlist Inc. (NASDAQ: NLST) is up after it announced that Compellent Technologies  has qualified and selected its NetVault NV for production shipments in the Compellent Storage Center solution; shares are up 8% at $2.57.

Elsewhere in the world of ADRs… Alcatel-Lucent (NYSE: ALU) shares are indicated down 3.5% at $2.74 after a $2.84 close on Friday.  Ryanair Holdings plc (NASDAQ: RYAAY) is down about 2% at $29.90 after a $30.48 close on Friday.

Voltaire Limited (NASDAQ: VOLT)  is soaring on a buyout: Mellanox Technologies is acquiring the company for $8.75 per share in cash.  Shares are up 34% at $8.65 to a new high.

JON C. OGG

The Average American Is Losing Their Savings Every Day (Sponsor)

If you’re like many Americans and keep your money ‘safe’ in a checking or savings account, think again. The average yield on a savings account is a paltry .4% today, and inflation is much higher. Checking accounts are even worse.

Every day you don’t move to a high-yield savings account that beats inflation, you lose more and more value.

But there is good news. To win qualified customers, some accounts are paying 9-10x this national average. That’s an incredible way to keep your money safe, and get paid at the same time. Our top pick for high yield savings accounts includes other one time cash bonuses, and is FDIC insured.

Click here to see how much more you could be earning on your savings today. It takes just a few minutes and your money could be working for you.

 

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.