BioSante Pharmaceuticals Inc. (NASDAQ: BPAX), a biopharmaceutical company engaged in the development of products for female sexual health and oncology, earlier this month announced that the independent Data Monitoring Committee (DMC) completed a review of LibiGel Phase III cardiovascular and breast cancer safety study. The DMC recommended the LibiGel safety study in its current form. [...]
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EBAY Shares fall on Q4 Outlook
Shares of eBay Inc. (NASDAQ: EBAY) fell sharply at the start of today’s trading after the provider of online marketplaces gave weaker-than-expected outlook for the current quarter. eBay shares are currently trading 4.28% lower at $31.76. eBay said that its revenue in the fourth quarter will come in between $3.2 billion and $3.35 billion. Excluding [...]
Earnings Review; Google rolls out better-than-expected Q3 Results
Google Inc. (NASDAQ: GOOG) after market close yesterday reported better-than-expected third-quarter financial results. Google shares surged 6% to $594.82 this morning. Google reported third-quarter revenue of $9.72 billion, representing an increase of 33% over the same period in the previous year. The company’s net income for the third quarter of 2011 was $2.73 billion, up [...]
AlumiFuel Power Shares rocket to Gains on Air Force Purchase Order
Shares of AlumiFuel Power Corp. (OTC: AFPW) are continuing to rally in today’s trading. At last check, the penny stock was trading 170.37% higher at $0.0073, with volume up from daily average of 4.81 million to 38.31 million. The stock is up 337.5% in the last three trading sessions. AlumiFuel Power shares are rallying after [...]
DoJ Investigation of 9 Chinese Companies triggers Sell-off
Chinese companies trading on North American exchanges are once again in the regulatory spotlight; this time, it’s the Chinese Internet companies that are under fire. According to reports, the U.S. Justice Department (DoJ) is investigating possible accounting frauds at a number of Chinese Internet companies trading on U.S. exchanges, which isn’t too much of a [...]
PharmAthene loses Steam, SIGA Technologies plows ahead
Shares of biodefense company PharmAthene Inc. (AMEX: PIP) this morning shed nearly 8% of their gains made yesterday after the company announced that it has been awarded 50% profit split on global sales of smallpox antiviral therapy by Delaware Chancery Court. PharmAthene filed the litigation against SIGA Technologies in the Delaware Court of Chancery back [...]
OTC Stock Highlight; why eMamba International is One to Watch
Many of our members are making big gains off this stock – sign up for our free e-mail alerts today! Shares of eMamba International Corp. (PINK: EMBA), a provider of cloud-based business management software and after-sales customer care services, are soaring in today’s trading after the company announced the signing of a three-year business development [...]
Bye-bye Bartz; Bostock too? Yahoo Review
Earlier this week, Roy Bostock, chairman of the Yahoo Inc. (NASDAQ: YHOO) board fired CEO Carol Bartz; following Bartz’s departure, Bostock’s own job could now be at risk. Bartz’s ouster didn’t come as a surprise as she had been under pressure from shareholders after failing to boost revenue growth at the company; however, Yahoo shareholders [...]
NYSE Stock Leader; Investors applaud Pandora’s Q2 Performance
Many of our members are making huge gains off this stock since receiving our free e-mail alert; sign up today! Pandora Media Inc. (NYSE: P) shares rose more than 6% in pre-market trading today after the company reported record second-quarter fiscal 2012 financial results. Pandora, which completed an IPO in June this year, reported second-quarter [...]
Growing your Penny Stock Portfolio? Check out Augme Technologies
Augme Technologies Inc. (OTC: AUGT) earlier this month announced that it entered into a definitive agreement to acquire substantially all the assets and the business of Hipcricket Inc., a mobile marketing and advertising firm for $44.5 million in cash and stock deal. The transaction is expected to complete by the end of this month. The [...]