What’s Moving These Hot Stocks: Deere & Company, Target, Rosetta Genomics, OraSure Technologies
Deere & Company (NYSE:DE): Good demand for agricultural goods are boosting farmers’ incomes, while John Deere’s sales are also strengthened by expansions and debuting new products internationally. Sales of farm machinery in the U.S. and Canada are predicted to climb over 10% this year, and sales of turf and utility supplies are predicted to rise around 5% this year. Deere shares traded at $75.66 recently, down $0.96 or 1.25%.
Target Corp. (NYSE:TGT)’s difference between the GAAP and adjusted EPS ranges of 10c in Q2 and 50c for the entire year signifies the predicted EPS effect of expenses related to the retailer’s entry to the Canadian market. Target shares traded up $1.11 (2.02%) recently, at $56.19.
Rosetta Genomics, Ltd. (NASDAQ:ROSG): Novitas, the appointed Medicare Administrative contractor for Rosetta Genomic’s miRview mets assay, has notified the company that it intends to cover this assay for all Medicare recipients. MiRview mets correctly locates the primary tumor of origin in primary and metastatic cancer, including Cancer of Unknown or Uncertain Primary (CUP). Rosetta shares traded at $5.87 recently, up $4.25 or 262.35%.
OraSure Technologies Inc. (NASDAQ:OSUR) shares rose following a FDA panel giving its HIV test a positive vote, trading at $11.06, up $1.96 or 21.54%.
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