02.07.2009 22:49

Hot stocks: Acura Pharmaceuticals, Cisco Systems, Elan Corp


Acura Pharmaceuticals Inc The pharmaceutical said the Food and Drug Administration raised issues about the potential abuse-deterrent benefits of Acurox Tablets CII, a painkiller Acura is developing with King Pharmaceuticals Inc.

Cisco Systems Inc The world’s largest maker of networking equipment was rated “buy” in new coverage by Deutsche Bank AG, which said the stock is “attractively priced” given its growth potential.

Elan Corp PLC J&J will take over Wyeth’s joint venture with Elan on Alzheimer's and also invest $1B in the Irish company, to give J&J an 18.4% stake.

E*Trade Financial Corp The online brokerage will exchange more than $1.7B in convertible debentures after about $1.83B in senior notes were tendered to its debt-exchange offer.






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