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CBRX, RDWR, and OIS Stocks on watch


Columbia Laboratories Inc (CBRX: Nasdaq)
Columbia Laboratories Inc saw its stock surge to new highs today as the company announced positive top-line results from PREGNANT study. PREGNANT Study is a large, global Phase III clinical trial evaluating PROCHIEVE 8% vaginal progesterone gel to reduce the risk of preterm birth in women with a short cervical length as measured by transvaginal ultrasound at mid-pregnancy. Columbia Laboratories, Inc focuses on developing products that utilize its bioadhesive drug delivery technologies to optimize drug delivery in a controlled, sustained manner.

Radware Ltd (RDWR: Nasdaq)
Radware Ltd witnessed its stock soar to a new 52 week high today thanks to a report that Riverbed Technology is in negotiations to buy the company. Israeli publication Calcalist reported the bid is worth $47 a share, valuing Radware at about $895 million. Radware Ltd develops, manufactures and markets integrated networking solutions that allow its enterprise and carrier customers to deliver their mission critical applications between data centers and remote locations, over all critical points in the network.

Oil States International Inc (OIS: NYSE)
Oil States International Inc continued its steady uptrend today which saw the stock reach a new52 week high. The company announced today that Cindy B. Taylor, Oil States’ President and Chief Executive Officer, will present at the Capital One Southcoast 2010 Energy Conference on Wednesday, December 8, 2010 at 9:40 a.m. Central time. The Company’s presentation can be heard via a live webcast. Oil States International, Inc, through its subsidiaries, is a provider of specialty products and services to oil and gas drilling and production companies throughout the world.

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Cablevision Systems Corporation (NYSE: CVC)


Cablevision Systems Corporation (NYSE: CVC) is up 1.84% to $23.83 on above average volume of 3.67 million in early trading today. After opening at $22.61, the Cablevision stock reached a high of $23.82. The stock has a 52-week range of $17.03-$27.79, with a 50-day moving average of $24.99 and a 200-day moving average of $24.51. It has support at $22.19 and resistance at $24.26. Cablevision Systems Corporation today announced that it will acquire Bresnan Communications for $1.365 billion. The deal is likely to be closed in late 2010, or early 2011.

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Mainland Resources Inc. (Public, OTCBB:MNLU)


Mainland Resources, Inc., a natural resource exploration and production company, engages in the exploration, acquisition, and development of oil and gas properties in North America. The company holds interests primarily in the East Holly Field covering an area of approximately 2,551 net acres located in De Soto Parish, northwest Louisiana. It also leases various other properties totaling approximately 144 net acres within the Cotton Valley/Haynesville trend in the State of Louisiana. The company was founded in 2006 and is based in Houston, Texas.

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