CEOWORLD Active Trader Alert Stocks and Market Rumors- GILD, RIMM, VRUS, UBS, CLWR

Posted: 7:48 am, November 21, 2011 by Thomas Frommherz

Pharmasset, Inc. (NASDAQ: VRUS) a clinical-stage pharmaceutical company focused on discovering, developing, and commercializing novel drugs to treat viral infections is up 86.18% premarket to $135.30, relative to a 52-week range of $20.49 – $88.52.

Gilead Sciences, Inc. (NASDAQ: GILD) focuses on the development and commercialization of human therapeutics for life threatening disease is down more than 6% before market open to $37.46, relative to a 52-week range of $35.28 – 43.49.

Gilead Sciences Inc. (NASDAQ: GILD) a leading a biopharmaceutical company is planning to spend more then $11 billion to buy Pharmasset, Inc. (NASDAQ: VRUS) important things to notice here Pharmasset was valued only at $5.5 billion on Friday.

Research in Motion, Ltd. (NASDAQ: RIMM) a designer, manufacturer and marketer of wireless solutions for the worldwide mobile communications market is down 2.75% premarket to $17.69, relative to a 52-week range of $17.17 – $70.54.

Crude oil is at $96.43, down 1.29%, Gold is at $1,766, down 0.74%., Hong Kong’s Hang Seng closed down 1.44% to 18,226., Japan’s Nikkei closed lower by 0.32% to 8,348, The U.S. 10-year is at 1.95%, down 0.o6%, The FTSE is down 1.52% to $5,281, The DAX is down 2.43% to $5,660.

Clearwire (NASDAQ: CLWR) may skip a major bond payment to preseve cash, Swiss bank UBS (NYSE: UBS) may cut its bonus pool.

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Posted in: TECH

About the author: Thomas Frommherz

I am a tech reporter and have been writing about technology, digital marketing, Internet and startups at CEOWORLD Magazine since January 2010. Specialist areas of my research includes e-commerce, Android, smartphone adoption, and apps in general. I'm currently based in the New York City. If you have any tips or feedback, contact me via email: frommherz@ceoworld.biz

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