WILMINGTON -- Shares of PPD soared 10 percent to a record close yesterday after the company projected stronger-than-expected earnings for 2008.
The company said it would earn between $1.82 and $1.92 per share in 2008 -- ahead of analysts' consensus estimates.
The financial update triggered the stock rating on PPD to "buy" from "neutral."
Stock in the drug-development and pharmaceutical services provider shot up to $46.89 as a result.
The stock closed at $46.86.

DELUXE APARTMENT
Ka-ching!
oops
Is that sound anything like
I think
What about in between PPD
got to be kidding?