Afternoon Movers: RIG, DYN, CVV, DSTI, MYGN
Tuesday, October 12, 2021 3:47 PM

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Shares of Transocean Ltd. (NYSE: RIG) rallied more than 4% after US Interior Secretary Ken Salazar announced this afternoon that the Obama administration is lifting its moratorium on deepwater drilling.

Dynegy Inc. (NYSE: DYN) surged more than 3% on Tuesday after a regulatory filing disclosed that various funds associated with activist investor Carl Icahn had bought an aggregate 12 million shares, or 9.95% of total shares outstanding for $57.5 million.

CVD Equipment Corporation (NASDAQ: CVV) soared more than 18% after the company announced that it has received an initial order for $3.4 million from a solar panel manufacturer to provide deposition production tools for their solar factory. 

DayStar Technologies, Inc. (NASDAQ: DSTI) jumped more than 33% after the company said that it received a letter last week from The NASDAQ Stock Market indicating that the Company now complies with NASDAQ Listing Rule 5605(c)(2).

Myriad Genetics, Inc. (NASDAQ: MYGN) soared more than 10% on Tuesday, a day after the announced that based on recent clinical validation, its newest molecular diagnostic product, PROLARIS, accurately predicts survival with prostate cancer. The findings were presented at the European Society for Medical Oncology (ESMO) Congress in Milan, Italy. 

Disclosure: Author doesn't own any of the stocks discussed here.

 

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Market news:

  • AP Interview: CG admiral asks for Arctic resources Oct 18, 2021 04:10 AM

    • ABOVE NORTHERN ALASKA - The ice-choked reaches of the northern Arctic Ocean aren't widely perceived as an international shipping route.
    • But global warming is bringing vast change, and Russia, for one, is making an aggressive push to establish top of the world sea lanes.
    • Increased human activity in the Arctic because of warming has led the Coast Guard admiral overseeing Alaska operations to call for more U.S. Coast Guard facilities and equipment in the far north.
      • Secret donations and gift tax _ a new conundrum Oct 18, 2021 04:07 AM

        • WASHINGTON - Donors to nonprofit groups that are spending millions on political ads this election have escaped public scrutiny because their donations don't have to be disclosed.
        • That's a new question raised by lawyers familiar with nonprofit tax law and by at least one group that advocates for public financing of elections.
        • At issue is whether contributors to politically active tax-exempt nonprofit organizations - many of them donating in six- and seven-figures - have to pay the 35 percent gift tax on their donations.
          • Testimony to resume in Fort Hood suspect's hearing Oct 18, 2021 04:01 AM

            • FORT HOOD, Texas - Soldier after soldier rose from the witness chair, stared and pointed to an Army psychiatrist seated a dozen feet away, never wavering as they identified him as the man who went on deadly shooting rampage at Fort Hood last year.
            • "That man is right there, sir."
            • Twenty-nine witnesses testified last week, and more soldiers are expected on the stand Monday at the start of the second week of a military hearing to determine whether Maj. Nidal Hasan will stand trial.
              • Super typhoon hits Philippines amid flood alerts Oct 18, 2021 03:55 AM

                • MANILA, Philippines - Super Typhoon Megi became the strongest cyclone in years to buffet the Philippines on Monday, while floods in Vietnam swept away a bus and left 20 people missing, including a girl pulled from her mother's grasp by the raging waters.
                • The huge storm striking the Philippines left at least one man drowned there, and was expected to plunge later into China, where authorities evacuated 100,000 people from a coastal province.
                • The storm could head later in the week to Vietnam, where 24 deaths from flooding already have been reported in recent days.
                  • New online resource debuts for Nazi-era looted art Oct 18, 2021 03:48 AM

                    • NEW YORK - The Nazis stripped hundreds of thousands of artworks from Jews during World War II in one of the biggest cultural raids in history, often photographing their spoils and meticulously cataloguing them on typewritten index cards.
                    • Holocaust survivors and their relatives, as well as art collectors and museums, can go online beginning Monday to search a free historical database of more than 20,000 art objects stolen in Germany-occupied France and Belgium from 1940 to 1944, including paintings by Claude Monet and Marc Chagall.
                    • The database is a joint project of the New York-based Conference of Jewish Material Claims Against Germany and the United States Holocaust Memorial Museum in Washington, D.C.

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