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Corporate Summary


•    Transcept Pharmaceuticals Inc.’s (NASDAQ:TSPT) shares gained 33.77% to close at $8.08 after the company's sleep treatment was granted a shorter review period by regulators

•    Share prices of General Maritime Corp. (NYSE:GMR) declined 7.35%  after the company said it has agreed on amendments to its revolving credit facility

•    Shares of power company NRG Energy Inc. (NYSE:NRG) shed 1.81% to close at $19.57 after the company lowered its earnings outlook for 2011

•    Software company Red Hat Inc. (NYSE:RHT) said it would purchase software developer Gluster Inc. in a deal valued at $136 million

•    Share prices of phone carrier Sprint-Nextel (NYSE:S) gained 4.76% on reports that the company will begin offering the iPhone 4S on its inaugural day on 14th October

•    Analysts at Goldman Sachs upgraded shares of Kinder Morgan (NYSE:KMI) from "Neutral" rating to "Buy" rating

•    Analysts at Citi upgraded shares of Alexandria Real Estate Equities (NYSE:ARE) from "Hold" rating to "Buy" rating

•    Analysts at JMP Securities upgraded shares of Alexza Pharmaceuticals (NASDAQ:ALXA) from "Market Perform" rating to "Outperform" rating

•    Analysts at JP Morgan initiated coverage on shares of Alexion Pharmaceuticals (NASDAQ:ALXN) with an "Overweight" rating

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