Diamonds and Dogs


Hospira Inc. (HSP)

Hospira Inc. is painting the tape green today, up 35.17% to $87.59. The pharmaceutical company saw its shares rally after news that Pfizer would buyout Hospira.  Pfizer is buying Hospira for approximately $15.23 billion, saying it is a good fit with its established global pharmaceutical business. The buyout will also help Pfizer tap into the growing market for biosimilars, which are cheaper versions of biologic drugs that are used to treat conditions such as anemia. Shares of Hospira spiked $22.79 today to a new 52-week high of $87.77.

Clearwater Paper Corporation (CLW)

Clearwater Paper is getting ripped apart today, down 18.64% to $60.01. The private label tissue and paperboard product company saw its shares fall after missing on earnings.  Clearwater management reported a fourth-quarter loss of $27.2 million, after reporting a profit in the same period a year earlier. On a per-share basis, the company said it had a loss of $1.39. Shares of Clearwater fell $13.75 today to a new 52-week low of $58.46.

Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.