Third Point, a hedge fund run by Daniel Loeb, said it has recently increased its stake by an unspecified amount, making it one of the drugmaker's top shareholders. According to FactSet, Third Point already owned about 450,000 Amgen shares, a stake worth roughly $64.8 million. In response, Amgen Inc. (NASDAQ:AMGN) said that its board and management are continually assessing the company's business. Third Point said Amgen Inc., which makes a range of drugs for arthritis, anemia and other diseases, is not given enough credit for its existing drugs or the potential of its pipeline. It believes that the stock can reach $218 by the end of 2016 — up 51 per cent from Tuesday's close — if Amgen focused on research and development and trimmed expenses. Should the company pursue its suggestion to breaking up into two companies, Third Point said it believes that the total value would be nearly $249 per share. Amgen Inc. (NASDAQ:AMGN) in last trading activity increased 4.79% to close at $144.09. Company weekly performance is 8.99% while its quarterly performance stands at 18.10%. Amgen Inc. (NASDAQ:AMGN) is -0.26% away from its 52 week high. Remark Media, Inc. (NASDAQ:MARK) might be the most significant Las Vegas technology company you’ve never heard of. From a fourth-story office near Flamingo Road just east of the Strip, the company oversees a long list of seemingly disparate products: the swimwear website Bikini.com, the health site sharecare.com, multiple finance and tax-related sites, a hotel-booking mobile service. On last trading day Remark Media, Inc. (NASDAQ:MARK) increased 2.79% to close at $5.15. Its volatility for the week is 8.22% while volatility for the month is 6.80%. MARK's sales growth for past 5 years was 32.00% and its EPS growth for past 5 years was 26.20%. Remark Media, Inc. (NASDAQ:MARK) monthly performance is -19.91%. Ameriprise Financial, Inc. (NYSE:AMP) announced the appointment of Drew Boland as a financial adviser joining the Ameriprise Financial practice of Stroot, Schumer & Associates in Baxter and Aitkin. Boland will be taking over the practice from retiring financial adviser Michael Walsh of Aitkin. On last trading day Ameriprise Financial, Inc. (NYSE:AMP) increased 2.73% to close at $116.57. Its volatility for the week is 2.94% while volatility for the month is 2.20%. AMP's sales growth for past 5 years was 9.60% and its EPS growth for past 5 years was 109.10%. Ameriprise Financial, Inc. (NYSE:AMP) monthly performance is -6.56%. Hanesbrands Inc. (NYSE:HBI) said Monday that David Singer, former chief executive of Snyder’s-Lance Inc., has been appointed to its board of directors. Singer, 59, will serve until the 2015 annual shareholder meeting. With Singer’s appointment, the board has 10 members. Hanesbrands Inc. (NYSE:HBI) has 1.50% insider ownership while its institutional ownership stands at 88.50%. In last trading activity company's stock closed at $107.65. Portfolio Recovery Associates, Inc. (NASDAQ:PRAA) is a financial and business service company that purchases and collects portfolios of consumer receivables in the United States and the United Kingdom. In other words, the company purchases consumer debt. On Oct. 7th, the company’s sell rating was reaffirmed by the ING Group. On Tuesday shares of Portfolio Recovery Associates Inc. (NASDAQ:PRAA) closed at $60.61. Company's sales growth for last 5 years was 22.80% and EPS growth for next 5 years is recorded as 15.00%.
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