Lakeway, TX -- (SBWIRE) -- 02/20/2013 -- vb-news.net, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-
Chelsea Therapeutics International Ltd. (NASDAQ:CHTP) stock surged 92.03% to $1.47 after the company today announced that it has received written guidance from the Director of the Office of New Drugs ("the Director") at the U.S. Food and Drug Administration (FDA) stating that Study 306B has the potential to serve as the basis for a resubmission of a Northera™ (droxidopa) New Drug Application (NDA) for the treatment of symptomatic neurogenic orthostatic hypotension (NOH).
How Should Investors Trade CHTP After The Solid Jump? Let’s Find Out Here
Novogen Limited (ADR) (NASDAQ:NVGN) shares jumped 30.45% to $8.44. The company, on Feb. 13, announced the issuance of 13,600,000 ordinary shares as part of consideration for acquisition of Triaxial Pharmaceuticals Pty Ltd shares. The company is engaged in pharmaceutical research and development, and marketing of consumer healthcare products.
Is NVGN Ready To Jump Again After The Solid Momentum? Get Free Trend Analysis Here
NetSpend Holdings Inc (NASDAQ:NTSP) shares gained 28.56% to $15.80. The company yesterday announced that it agreed to be acquired by TSYS (TSS: Quote) in an all cash transaction valued at approximately $1.4 billion. The transaction is expected to close in mid-2013.
Additionally, the company, on Feb. 13, reported that its fourth-quarter net income of $10.1 million or $0.13 per share, compared to $9.6 million or $0.11 per share in the year ago quarter. Adjusted net income for the latest fourth quarter was $12.1 million or $0.15 per share. Analysts expected the company to report earnings of $0.15 per share. Operating revenue for the quarter rose to $89.71 million from $76.76 million last year, while analysts had consensus revenue estimate of $88.83 million for the quarter.
Is NTSP Buy After The Recent Price Movement? Find Out Here
Joy Global Inc. (NYSE:JOY) stock gained 4.14% to $66.17. The company, on Feb. 18, announced that its board of directors has declared a quarterly dividend in the amount of $0.175 per share to be paid on March 18, 2013 to shareholders of record on March 4, 2013.
Additionally, the company announced that management will participate in the Barclays Capital Industrial Select Conference being held at the Loews Miami Beach Hotel in Miami Beach, Florida. Mike Sutherlin, President and Chief Executive Officer and Jim Sullivan, Executive Vice President and Chief Financial Officer of Joy Global Inc., along with Ted Doheny, President and Chief Operating Officer of the Company’s underground mining machinery segment are scheduled to present at the conference on Wednesday, February 20, at 10:35 a.m. EST.
Is JOY a Buy At The Current Market Price? Don’t Miss Out Our Special Coverage Here
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