The Medicines Co. (MDCO) Sale-Exploration Noise; Amphenol (APH) Above-Consensus Profit

The_Medicines_Co_MDCO

Shares of The Medicines Company (Nasdaq:MDCO) surged to touch the $36.24 mark in early trade Wednesday following a report by Bloomberg indicating that the pharmaceutical giant is exploring a sale of itself

MDCO stock is trading at $32.83, up $1.32 (or +4.19%), and 4,111,892 of its shares were traded so far, a large increase in activity versus its average volume (3m) of 1,135,190

The Medicines Company, which provides medicines for patients in acute and intensive care hospitals worldwide, has 69.44M Shares Outstanding and MDCO stock 52-week range is between $25.05 and $43.79 per share

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Amphenol_APH

Amphenol Corp. (NYSE:APH) delivered quarterly profit and revenue numbers above Wall Street analysts’ expectations, sending its shares into positive territory on Wednesday

For the fourth quarter 2015, Amphenol posted – unaudited – sales of $1.431 billion and net income of $0.63 per diluted share, surpassing the Capital IQ Consensus Estimate of $0.59 earnings per share for the period

APH stock is currently exchanging hands for $46.33, up $0.91 (or +2.00%), and 2,003,329 shares of the company were traded so far

Amphenol, which primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors worldwide, has 308.26M Shares Outstanding and APH stock one-year range is from $44.50 to $60.54 per share

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