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LiquidTycoon.com: Elan Corporation, plc (ADR) (NYSE:ELN) is the Highest Volume Gainers Among NYSE Stocks

Fri. July 03, 2009; Posted: 05:20 AM
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Jul 03, 2009 (M2 PRESSWIRE via COMTEX) -- POT | Quote | Chart | News | PowerRating -- Potash Corp./Saskatchewan (USA) (NYSE:POT) And Oshkosh Corporation (NYSE:OSK)Round Out Top Three Volume Gainers

New York, NY - LiquidTycoon.com is pleased to alert investors of stocks on the move.

Elan Corporation, plc (ADR) (NYSE:ELN) was one of the top percentage and traded stock. The stock surged over 8.6% and closed at near to its lowest point of the day at $7.6 on an unusual volume of 40.16 million shares. Today (July 02,2009), Johnson & Johnson and Elan Corporation plc announced a definitive agreement whereby Johnson & Johnson will acquire substantially all of the assets and rights of Elan related to its Alzheimer's Immunotherapy Program (AIP Program), through a newly formed company. In addition, Johnson & Johnson, through its affiliate, will invest $1 billion in Elan in exchange for newly issued American Depositary Receipts (ADRs) of Elan, which will represent 18.4% of Elan's outstanding ordinary shares. Elan Corporation, plc is a neuroscience-based biotechnology company. Its principal research and development, manufacturing and marketing facilities are located in Ireland and the United States. Elan's operations are organized into two business units: Biopharmaceuticals and Elan Drug Technologies.

Potash Corp./Saskatchewan (USA) (NYSE:POT) jumped over 5.6% to $96.0 after hitting a day high of 97.75 and low of $89.13. Compared to its average volume of 8.14 million shares, today a total 15.28 million shares were traded. On June 30,2009, Potash Corp of Saskatchewan said its export consortium Canpotex has signed a contract with Japanese customers covering potash shipments for the second half of 2009. The new contract priced at over $700 a tonne on a delivered basis. Potash Corporation of Saskatchewan Inc is an integrated fertilizer and related industrial and feed products company. The Company's potash is produced from six mines in Saskatchewan and one mine in New Brunswick. Of these mines, it owns and operates five in Saskatchewan and the one in New Brunswick. Of these mines, the Company owns and operate five in Saskatchewan and one in New Brunswick. The Company's phosphate operations includes the manufacture and sale of solid and liquid phosphate fertilizers, animal feed supplements and industrial acid, which is used in food products and industrial processes.

Oshkosh Corporation (NYSE:OSK) was another stock which moved up over 8.1% and closed at nearly to its highest point of the day at $19.93. Today, the volume of 6.19 million shares was 6x of its daily average volume. Today (July 02,2009), two days after Oshkosh Corp scored a billion-dollar defense contract, one of its subsidiaries has landed its own $10 million military contract. Pierce Manufacturing of Appleton said the U.S. Navy has ordered 29 special fire trucks. The total contract is worth $10.3 million. Oshkosh Corp. is a designer, manufacturer and marketer of a range of specialty vehicles and vehicle bodies. The Company operates in four segments: access equipment, defense, fire & emergency, and commercial. As a manufacturer of severe-duty, heavy- and medium-payload tactical trucks for the United States Department of Defense (DoD), the Company manufactures vehicles that perform a variety of tasks, such as hauling tanks, missile systems, ammunition, fuel and cargo for combat units.

Liquid Tycoon alerts its members on stocks that could generate higher than average returns. These include stocks with huge volume, penny stocks that are moving to the upside quickly, penny stocks with buy signals and companies with news. Our alerts are well known for producing incredible results in a short amount of time and our members have made outstanding profits of over 100%.

ABOUT Liquid Tycoon

LiquidTycoon.com is a leading stock web site that provides free alerts on stocks that are poised to make big gains. LiquidTycoon.com also tracks small cap penny stocks that could be on the brink of a massive breakout. To feature a company on our web site please contact us at info@ LiquidTycoon.com

Liquid Tycoon is an independent electronic publication that provides information on selected publicly traded companies. Liquid Tycoon is not a registered investment advisor or broker-dealer. Liquid Tycoon affiliates, officers, directors and employees may buy and sell additional shares in any company mentioned herein and may profit in the event those shares rise in value. Please do your own Due Diligence before investing in any of the stocks mentioned above.

CONTACT: Liquid Tycoon Tel: +1 214 556 6798 e-mail: info@LiquidTycoon.com

((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.

For full details on Elan Corp Plc (ELN) click here. Elan Corp Plc (ELN) has Short Term PowerRatings of 1. Details on Elan Corp Plc (ELN) Short Term PowerRatings is available at This Link.

    


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