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  • Username penny_saver
  • Member since 2010-04-27 16:14:40
  • Number of published article21 articles

Articles published by penny_saverautho rss

Tech Stock Wrap-up – Today’s 5 Top Plays

In a research report released today, UBS maintained its Buy rating on Apple Inc. (NASDAQ: AAPL) UBS, however, raised its price target for the Apple Inc. stock from $340 to $350. The brokerage firm also raised its FY10 EPS estimates from $14.50 to $14.51 and FY11 EPS estimates from $16.62 to $18.09. UBS raised is [...]

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Top Tech Stocks – Netflix in Cahoots with Apple

Netflix Inc. (NASDAQ: NFLX) has launched its new iPhone app that works over Wi-Fi and 3-G connections. The app has also been made available for iPod Touch. Netflix is facing increased competition from various other streaming video services such as HBO and Hulu. Hulu recently launched its own paid streaming service.
Netflix recently announced that it [...]

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Top Pharmaceutical Stock Watch: SOMX to Co-promote Insomnia Drug Silenor with Procter & Gamble

Somaxon Pharmaceuticals (NASDAQ: SOMX) is a specialty pharmaceutical company focused on the development, in-licensing and commercialization of proprietary products and late-stage product candidates for the treatment of diseases and disorders in the central nervous system therapeutic area. The company is headquartered in San Diego. Somaxo competes with Sanofi-Aventis Inc., King Pharmaceuticals, Dainippon Sumitomo Pharma Co., [...]

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CTIC – the Biotech Stock We’re Following this Month

Seattle, Washington-based Cell Therapeutics Inc. (NASDAQ: CTIC) is engaged in the development, acquisition and commercialization of treatments for cancer. The company focuses on creating a diversified portfolio of oncology drugs. Through its research and development activities, the company concentrates on identifying and developing less toxic cancer treatments.
Last week, Cell Therapeutics reported its second-quarter financial results [...]

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YRC Worldwide Loses 5% in Today’s Trading; Still Top Stock to Watch

YRC Worldwide Inc. (NASDAQ: YRCW), the Overland Park, Kansas-based transportation company, reported its second-quarter financial results, on Tuesday. The company reported a net loss of $9.5 million, or $0.01 per share, for the second quarter of 2010, compared with a net loss of $309 million, or $5.20 per share reported for the second quarter of [...]

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Top Solar Stock Doubles Q2 Revenue, Spurring Trading Activity

Solarfun Power Holdings Co. Ltd. (NASDAQ: SOLF) shares spiked by 8% after the company posted its second-quarter earnings and announced a strategic investment from Hanwha Chemical.
Solarfun earned $40.2 million or 69 cents per ADS (American depository share) in second-quarter revenue, more than doubling from the prior year to $258.5 million. Adjusted EPS was 59 cents, [...]

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First Solar Sinks 7% Despite Positive Q2 Results

First Solar Inc. (NASDAQ: FSLR) recently reported its second-quarter financial results, posting second-quarter net sales of $587.9 million, up 12% from the second quarter of 2009. The increase in second-quarter revenues is primarily due to increased production volumes and systems revenue, partially offset by a decline in pricing and lower euro exchange rate.
First Solar reported [...]

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Citigroup Inc. (C) Earnings Review

Citigroup Inc. (NYSE: C), last Friday, reported its second-quarter financial reports. The New York City-based banking giant reported second-quarter net income of $2.7 billion, or $0.09 per diluted share. The bank reported second-quarter revenue of $22.1 billion. This is the second consecutive profitable quarter for Citigroup.
Citigroup’s revenue dropped $3.4 billion, while its net income fell [...]

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Somaxon Pharmaceuticals Inc. (SOMX) Shares Surge on Establishment of Commercial Team for Silenor®

Somaxon Pharmaceuticals Inc. (NASDAQ: SOMX) yesterday announced the establishment of a commercial team to promote Silenor® (doxepin) for the treatment of insomnia.
Somaxan reported that it has entered into a Professional Detailing Services Agreement with Publicis Touchpoint Solutions Inc. Under the agreement, Somaxon will be provided with 100 sales representatives by Publicis on a contract basis. [...]

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Expansion of Single Touch Systems (SITO) Sends Stock Price near the Record Values

Single Touch Systems Inc (OTC BB:SITO) stock price reached its 2010 high of $1.52 on June 24 and since then corrected down to  trade in the range of $1.25 in July. Altogether SITO’s stock price increased approximately 150% from April 12’s $0.50 to July 7’s $1.26. The price growth was driven by solid messaging traffic [...]

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