Posts for Ticker ‘PDGI’

PharmaNet Going Private (PDGI)

Money_stack_picThis may be far from a super-merger and may be far from a return or thrust from private equity.  But it is a deal in the drug and research sector.  PharmaNet Development Group, Inc. (NASDAQ: PDGI) has agreed to be acquired by JLL Partners, Inc.

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Posted on: February 3, 2009 – 8:42 am in Drug companies, Mergers and Buy Outs, Private Equity,

The 52-Week Low Club (PDGI)(PRXL)(LVS)(USG)(MF)(CVG)

Sad_clownConvergys (CVG) Posts a loss and weak forecast. Drops to $6.82 from 52-week high of $19.18.

MF Global (MF) No major news. Drops to $1.93 from 52-week high of $32.20.

USG Corporation (USG) May have violated lending agreement. Falls to $14.23 from 52-week high of $40.25.

Las Vegas Sands (LVS) Casino stocks out of vogue. Sells down to $4.32 from 52-week high of $148.76.

PAREXEL International (PRXL) Revenue shortfall. Plummets to $6.84 from 52-week high of $36.16.

Pharmanet (PDGI) No news. Sells off to $1 from 52-week high of $43.02.

Douglas A. McIntyre

Posted on: October 28, 2008 – 3:01 pm in HI/LOW, , , , , ,

The 52-Week Low Club 9/12/2008 (AIG)(MER)(LEH)(PDGI)

Sad_clown

American International Group (AIG) Market worries that balance sheet is tearing to pieces. Down to $11.49 from 52-week high of $70.13.

Lehman Brothers (LEH) Going out of business sale. Drops to $3.17 from 52-week high of $67.73.

Merrill Lynch (MER) Dragged into the whirlpool. Pushed down to $16.60 from 52-week high of $78.66.

PharmaNet Development (PDGI) Says it will miss guidance and loses half its value. Plunges to $9 from 52-week high of $43.05.

Douglas A. McIntyre

Posted on: September 12, 2008 – 2:56 pm in HI/LOW, , , ,

24/7 Wall St. Most Overpaid CEO Of The Day: PharmaNet Development (PGDI) CEO Jeffrey P. McMullen

AngrybearPharmaNet Development (PDGI), a clinical services company, lowered its 2008 forecast for the second time, projecting a loss of 25 cents to 58 cents per share on $358 million to $366 million in revenue.

Investors were unusually upset and sent the stock down 52% to $10.07, a new 52-week low. The period high was $43.05.

The company’s CEO Jeffrey P. McMullen does not have to worry much.

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Posted on: September 12, 2008 – 8:45 am in Management Change,

The 52-Week Low Club (NWK)(MGM)(PDGI)(RDEN)

Network Equipment (NWK) Misses numbers and gets downgraded. Falls to $3.95 from 52-week high of $15.75.

MGM Mirage (MGM) Slowdown in casino earnings at key rival. Sells off to $47.89 from 52-week high of $100.50.

Pharmanet Development (PDGI) Awful quarter. Shares dumped to $15.41 from 52-week high of $43.05.

Elizabeth Arden (RDEN) Posts loss. Drops to $13.13 from 52-week high of $28.05.

Hologic (HOLX) Profit picture falls apart. Sells down to $21.25 from 52-week high of $36.44.

Irobot (IRBT) CFO departs as do solid numbers. Falls to $13.19 from 52-week high of $24.30.

Douglas A. McIntyre

Posted on: May 1, 2008 – 2:48 pm in HI/LOW, , , , , ,

Top 10 Pre-Market Analyst Calls (NLY, CTV, ENDP, FSLR, HOV, JNY, OIIM, PDGI, V, YUM)

These are not all of the analyst calls affecting shares but these are ten that we are focused on this Thursday morning:

  • Annaly Mortgage (NYSE: NLY) cut to Hold at Citigroup.
  • CommScope (NYSE: CTV) Raised to Buy from Neutral at UBS.
  • Endo Pharmaceuticals Cut to Neutral at R.W. Baird.
  • First Solar (NASDAQ: FSLR) cut to Perform at Oppenheimer
  • Hovnanian (NYSE: HOV) cut to Sell at UBS.
  • Jones Apparel (NYSE: JNY) Raised to Buy from Hold at Lazard.
  • O2Micro (NASDAQ: OIIM) raised to Buy at Piper Jaffray.
  • PharmaNet Development (NASDAQ: PDGI) downgraded to Hold at Jefferies; downgraded to Neutral at R.W. Baird.
  • Visa (NYSE: V) Started as Equal-weight at Lehman Brothers.
  • YUM! Brands (NYSE: YUM) cut to Neutral at UBS.

Jon C. Ogg
May 1, 2008

Posted on: May 1, 2008 – 7:24 am in Analyst Calls, , , , , , , , , ,

Pre-Market Analyst Calls (November 5, 2007)

ACA cut to Underperform at Credit Suisse.
ACW raised to Neutral at UBS.
AMSC started as Buy at Jefferies.
ATPG cut to Underperform at RBC.
BSC cut to Equal Weight at Lehman.
BSY cut to Neutral at Merrill Lynch.
CNP raised to Buy at Jefferies.
CPT cut to Neutral at B of A.
DRE cut to Neutral at UBS.
FSLR started as Sector Perform at CIBC.
GLF raised to Buy at Jefferies.
GNA raised to Outperform at CIBC.
HD cut to Hold at Deutsche Bank.
LLY cut to Underweight at HSBC.
LOW cut to Hold at Deutsche Bank.
MER cut to Equal Weight at Lehman.
NLC raised to Neutral at UBS.
PDGI raised to BUy at Jefferies.
PVTB raised to Overweight at JPMorgan.
TUES raised to Outperform at Piper Jaffray.
WCG raised to Buy at Jefferies.
WST raised to Buy at UBS.

Jon C. Ogg
November 5, 2007

Posted on: November 5, 2007 – 7:46 am in Analyst Calls, , , , , , , , , , , , , , , , , , , , ,