Up and Down: Intersections, Iomai, Stanley, Chindex

The S&P 500 was basically flat last week, and local stocks fell 0.7 percent.

*Shares of Hilb, Rogal & Hobbs (HRH) of Glen Allen rose 43 percent last week on the news that British insurance broker Willis Group Holdings would pay $1.67 billion in cash and stock for the insurance and risk-management firm. The half-stock, half-cash offer comes to $46 a share, $2 more than Friday's closing price of $44. The offer was a 49 percent premium to Friday's closing price of $30.89.

*Intersections (INTX) of Chantilly shares rose 23 percent last week, closing at $11.39 on Friday, the same day they hit their 52-week high of $11.85. Shares gained 8.5 percent that day and 7.4 percent on Tuesday. The company inked a deal Tuesday to provide anti-keylogging technology to StrikeForce Technologies, which works against identity theft. Shares of Intersections are up 60 percent in the past three months.

*Iomai (IOMI) shares are still at the tops of the lists of three-month gainers (up 519 percent) and one-year gainers (up 212 percent). Shares closed Friday at $6.50, their 52-week high, also hit on May 14, two days after the announcement that the Gaithersburg firm would be acquired by Intercell of Vienna for $6.60 a share.

*Another of the week's biggest gainers: Stanley (SXE), whose shares gained 12 percent last week and are up 85 percent over the past 52 weeks. They closed at $33.48 on Friday, still lower than the 52-week high of $38.53. Much of the week's gain came Wednesday; the company said Tuesday that it was buying Oberon Associates for $170 million.

*The biggest loser was Chindex International (CHDX) of Bethesda, whose shares fell 31 percent last week, closing Friday at $16.32. They gained almost 12 percent Friday after falling close to 30 percent on Thursday, the day the supplier of health-care services and equipment to China announced fourth-quarter earnings. While full-year profit and revenue were up, the copmany posted a fourth-quarter loss on interest charges. Shares are down 31 percent in the past three months.

*Also on the list of ten biggest local losers for last week were Provident Bankshares (PBKS, down 17 percent), Old Line Bancshares (OLBK, down 12 percent), Alliance Bankshares (ABVA, down 10 percent) and Sandy Spring Bancorp (SASR, down 9 percent).
Alliance Bankshares shares are down 34 percent in the past three months and 73 percent in the past 52 weeks, and Provident Bankshares' stock is down 34 percent in the past three months and 78 percent in the past 52 weeks.

*Shares of MiddleBrook Pharmaceuticals (MBRK) of Germantown slid 15 percent last week, to $3.29. They dropped 19 percent the previous week, and the company fell off the list of top one-year gainers.

By Terri Rupar  |  June 16, 2008; 12:00 PM ET  | Category:  Wall Street
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