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Contrave

December 8, 2010 by staff 

Contrave, Orexigen Therapeutics Inc. (NASDAQ: OREX) is booming following news it has secured the support of an advisory committee for the diet pill Contrave. At last report, the stock rose 9.97% to 109.45 and the high volume of 16.46 million shares. He set a new 52-week high of 11.15 and earlier in the session. (NASDAQ: OREX), (OREX)

The Men’s Wearhouse (NYSE: MW) is down 14.86% to 24.47 and the high volume of 2.93 million shares. Houston, clothing chain based in Texas posted a 31% jump in profit in Q3 revenue rose 19% to 550.1 million and. The company, however, expected Q4 loss. (NYSE: MW) (MW)

Arena Pharmaceuticals Inc. (NASDAQ: ARNA) rose 9.93% to 1.55 and the high volume of 18.00 million shares. (NASDAQ: ARNA), (ARNA)

G-III Apparel Group Ltd. (NASDAQ: GIII) is down 3.54% to 29.80, despite posting strong Q3 earnings and raising its outlook for full year on strong demand. (NASDAQ: GIII), (GIII)

AeroVironment Inc. (NASDAQ: AVAV) is up 13.85% to 26.60 and the high volume of 630.46K shares. The company reported 4.9 million and for the Norwegian Defence Logistics Organisation for the Raven UAV systems and services. (NASDAQ: AVAV), (AVAV)

Cooper Companies Inc. (NYSE: COO) was up 6.50% to 57.04 and above average shares of 954.34K. He set a new 52-week high of 57.69 in early trading and. The maker of contact lenses reported Q4 adjusted earnings of 1.09 per share, toppinganlysts’ view of $ 0.87. Company’s financial prospects in 2011 also exceeded expectations. (NYSE: COO) (COO)

Fortune Brands (NYSE: DE) is up 1.06% at 61.80 and the 1.26 million shares. He set a new 52-week high of 62.44 in early trading and. The company announced the break under pressure from activist investor Bill Ackman. (NYSE: FOR), (DE)

Korn / Ferry International (NYSE: KFY) is up 4.19% to 19.40 and following stronger than expected Q2 earnings. The stock set a new 52-week high of 19.91 and earlier in the session. (NYSE: KFY), (KFY)

Powell Industries Inc. (NASDAQ: POWL) was down 14.58% to 31.22 and above average volume of 200.83K shares. The company reported adjusted earnings for Q4 and 0.38 € per share, belowanlysts’ view of $ 0.62. The company has disappointed investors with its forecast fiscal 2011. (NASDAQ: POWL), (POWL)

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