Read/Post Comments (0) | Recommended this article (0)
Please login to Zacks.com or register to post a comment.
Zacks' 7 Best Stocks
for June, 2013
FREE Report for Zacks.com
Visitors Only
Visitors Only
They're hand-picked from the list of Zacks Rank #1 Strong Buys. Our experts predict that their prices will jump the soonest.
Today, you can see them free.
- Latest News
- Most Popular
- What is the Stock Market's Achilles Heel?
- 3 Dividend Stocks at Reasonable Prices
- RTI: Are You Doing the Elon Musk Trade?
- Buy These ETFs to Profit from "Sector Rotation"
- Oil & Gas Industry Stock Outlook - May 2013
- Uncharted Territory
- 4 Ways to Short Oil with ETFs
- Options Strategies & the Zacks Rank
- This Week's Growth & Income Stocks
- AWS 5/20: The Fed In Focus This Week
- PFP 5/20: Will We Touch 1700?
Recent Quotes
| No Recent Quote currently available |
My Portfolio
|
My Portfolio Tracker One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts. Set yours up today. |
More Zacks Resources
Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.
Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.
Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.
My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.
Zacks #1 Stocks on the Move 05/20/2013
| Company Name | Symbol | %Change |
|---|---|---|
| QIHOO 360 TE | QIHU | 7.43% |
| NEUTRAL TAND | IQNT | 6.98% |
| ORBOTECH LTD | ORBK | 4.80% |
| EAGLE BULK S | EGLE | 4.12% |
| VIPSHOP HOLD | VIPS | 3.17% |
Quick Links
Resources
Client Support
Zacks Research is Reported On:
Zacks Investment Research
is an A+ Rated BBB
Accredited Business.
Copyright 2013 Zacks Investment Research
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1986 it has nearly tripled the S&P 500 with an average gain of +26% per year. These returns cover a period from 1986-2011 and were examined and attested by Baker Tilly, an independent accounting firm.
Visit performance for information about the performance numbers displayed above.
NYSE and AMEX data is at least 20 minutes delayed. NASDAQ data is at least 15 minutes delayed.
This page is temporarily not available. Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext. 9339.
Optimer Pharmaceuticals ( OPTR - Analyst Report ) recently announced major changes in its management team. The company announced that Mr. Hank McKinnell will be the new chairman of the company. He was appointed following the removal of Mr. Michael Chang from the post. Dr. Hank McKinnell is already serving as the lead independent director- a post to which he was appointed at the board meeting of Optimer Pharma held on February 29, 2012. He was the former chairman and CEO of Pfizer Inc. ( PFE - Analyst Report ) .
Apart from firing Mr. Chang, Optimer Pharma also sacked Mr. John D. Prunty and Dr. Youe-Kong Shue from the positions of chief financial officer (CFO) and vice president, respectively. Mr. Kurt Hartman, currently serving as the general counsel, chief compliance officer and senior vice president, has been appointed as the new CFO- albeit on a temporary basis. Optimer Pharma is currently on the lookout for a permanent CFO.
Mr. Chang, whose resignation from the Board of Directors has also been sought, was removed following inappropriate actions relating to corporate governance in his capacity as Optimer Pharma’s representative on the Board of Optimer Biotechnology Inc. - the 43% owned independent affiliate of the parent company. Dr. McKinnell will replace Mr. Chang as Optimer Pharma’s representative on Optimer Biotechnology’s Board, once the latter tenders his resignation from the post. Mr. Prunty and Dr. Shue were also removed due to lapses regarding corporate governance.
Optimer Pharma informed the relevant US authorities about the matter, who are currently reviewing it. The drastic changes had a negative impact on the stock price. The changes are, however, not expected to impact Optimer Pharma’s results.
In a separate development, Optimer Pharma, which intends to announce its first quarter 2012 results on May 3, stated that gross revenues for the quarter are expected to be approximately $16.45 million, up 36% sequentially.
Neutral on Optimer
Currently, we have a Neutral stance on Optimer Pharma in the long run. The company carries a Zacks #3 Rank (“Hold” rating) in the short run.
Read the full Analyst Report on PFE
Read the full Analyst Report on OPTR