Thursday, August 23, 2012

Friday’s Stocks to Watch: Darden, Dendreon

Here are a few stocks to keep on your radar:

  • Darden Restaurants (NYSE:DRI)�was off 0.3%�after the company posted fourth-quarter results late Thursday�in line with Wall Street expectations. The company said it expected fiscal 2010 to offer a similar �frustratingly slow� recovery in the industry.
  • Shares of Dendreon (NASDAQ:DNDN)��rose 3.8%�after a ruling that requires Medicare coverage of the company�s Provenge prostate cancer drug.
  • Oshkosh (NYSE:OSK) gained�8.5% after news that Carl Icahn has taken a 9.5% stake in the company.
  • Interdigital (NASDAQ:IDCC) was up�more than 14%�as investors believed the company stood to reap third-party business opportunities following the auction of Nortel patents and related applications.
  • Worthington Industries (NYSE:WOR) fell 0.9%, a day after jumping nearly 10% after beating Wall Street�s quarterly profit and revenue expectations.

 

 

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