Stamford, CT -- (SBWIRE) -- 09/03/2013 -- High Rising Stocks provides investors with the hot penny stock alerts on a regular basis. We will send you alerts through our Free E Newsletters with High Yielding alerts, market forecasting, stock tips and strategies, and offer you the tools to help you along the way with the goal of keeping you loyal to our service. Today’s stocks to watch are: Arena Pharmaceuticals, Inc. (NASDAQ:ARNA), Key Energy Services, Inc. (NYSE:KEG), Sunedison Inc (NYSE:SUNE), JetBlue Airways Corporation(NASDAQ:JBLU)
Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) stock jumped 2.03% to $6.54. The company on August 28 announced the completion of a Phase 1b clinical trial for APD811, an investigational oral prostacyclin (IP) receptor agonist intended for the treatment of pulmonary arterial hypertension (PAH). The company plans to initiate a Phase 2 clinical trial for APD811 in the first quarter of 2014. This randomized, double-blind and placebo-controlled Phase 1b clinical trial evaluated the safety, tolerability and pharmacokinetics of multiple-ascending doses of APD811. Arena previously evaluated single-ascending doses of APD811 in a Phase 1a clinical trial.
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Key Energy Services, Inc. (NYSE:KEG) shares increased 8.10% to $7.21. Equities researchers at Howard Weil dropped their price target on shares of KEG from $11.00 to $10.00 in a research report issued on August 29. The firm currently has a “sector perform” rating on the stock.
Additionally, the company issued its quarterly earnings data on July 25. The company reported $0.01 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.01. The company had revenue of $411.40 million for the quarter, compared to the consensus estimate of $421.24 million.
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Sunedison Inc (NYSE:SUNE) shares climbed 0.27% to $7.38. The company on August 22 said it would spin off its semiconductor business in an initial public offering and use the proceeds to fund its solar business. The company said it plans to sell a minority stake in the newly formed SunEdison Semiconductor to the public in the offering, scheduled for early 2014.
The company ended the second quarter with a project pipeline of 2.9 GW, up 218 megawatt from the first quarter.
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JetBlue Airways Corporation(NASDAQ:JBLU) shares decreased 0.49% to $6.12. The company on August 29 announces the appointment of Marisa Von Wieding to the position of Vice President, System Operations Control. In this role, Ms. Von Wieding is responsible for the airline's operations of 850 daily flights in 79 locations throughout the Americas, including Dispatch, Air Traffic Management, Crew Services and Emergency Response and Care. Ms. Von Wieding is promoted from her role of Director, JFK Operations and Customer Service, and reports to Alex Battaglia, Senior Vice President, Airports and System Operations.
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