5 Stocks SIZZLE Higher After Bernanke Unveils Insights

Ironwood Pharmaceuticals, Inc. (NASDAQ:IRWD): The U.S. Food and Drug Administration’s approved Ironwood Pharmaceuticals’ treatment for adult constipation and irritable bowel syndrome yesterday. This may clear a path for the Cambridge company’s eventual expansion and development of other drugs. “We do have a desire to create many medicines for patients with a variety of therapeutic needs,” CEO Peter Hecht said. Shares of Ironwood Pharmaceuticals, Inc. are trading 1.05% higher today.

Investing Insights: Wall Street Brief: Amazon and Nokia EXCLUDE Google, Apple LOSES.

SAIC, Inc. (NYSE:SAI): McLean-based Science Applications International Corp.’s decision to separate into two, publicly traded companies is bold, but not very surprising when considering hints from SAIC’s own executives and industry trends recently, mainly comments from the company’s chief operating officer, Stu Shea, to Washington Business Journal in March. He stated that SAIC will trim investments in areas offering little return, such as “generic” information technology services and systems engineering and technical assistance. A lot of the big federal contractors have opted for this move, in the wake of less IT spending by agencies. Shares of SAIC, Inc. are trading 4.32% higher today.

Nokia (NYSE:NOK): Some private equity firms, including Ericsson (NASDAQ:ERIC) and U.S.-based Amdocs Limited (NYSE:DOX), are potential buyers for Nokia’s BSS unit, which is intended to assist telecom carriers in the management of their charging and billing systems. It is believed that Nokia-Siemens can add almost $377 million by selling the business. Shares of Cisco are trading 2.36% higher today.

Bank of America Corporation (NYSE:BAC): Fed Chairman Bernanke will probably acknowledge that the U.S. central bank is actively thinking about another round of monetary easing in his keynote Jackson Hole today. However, he may disappoint financial markets if he stops short of signaling another bond-buying program is unavoidable, which a several analysts claim is a strong possibility, according to Reuters. Shares of Bank of America Corporation are trading 0.13% higher today.

Cisco (NYSE:CSCO) is modifying the licensing options for its Unified Communications Manager’s UC Release 9.0 as an attempt to make the process simpler and make the use of a variety of client devices easier, the company stated on Thursday. First, Cisco will remove the requirement that UC licenses be anchored to the acquisition of Cisco IP phones, and is instead changing to what the company calls “software only” licensing. This will enable customers to interact with the Cisco telephony platform by using other devices like PCs, tablets and smartphones. Shares of Cisco are trading 0.69% higher today.

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