Orlando, FL -- (SBWIRE) -- 08/26/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is OnLockheed Martin Corporation (NYSE:LMT), Galena Biopharma Inc (NASDAQ:GALE).
Lockheed Martin Corporation (NYSE:LMT) shares jumped 0.05% to $126.10. The company on August 22 said it is close to an agreement with the Pentagon for a more portable and 40 percent cheaper version of the operations and logistics system that controls the F-35 fighter, the Pentagon's most expensive weapons program. The company aims to finalize a contract with the Pentagon's F-35 program office in coming weeks that will pay for development of lighter units to operate the new warplanes when they are deployed or based on ships.
Is LMT A Good Buy After The Recent Price Movement? Find Out Here
Additionally, the company on August 21 said it has been authorized as a provider of cyber security information technology (IT) services and tools for a Department of Homeland Security (DHS) program to defend federal and other government IT networks from threats.
Galena Biopharma Inc (NASDAQ:GALE) shares increased 3.82% to $2.45. The company on August 21 announced the European Patent Office notified the Company of an intention to grant a Pharmaceutical Use Patent for NeuVax(TM) (nelipepimut-S). The patent covers the use of NeuVax as a vaccine for the prevention of relapse in breast cancer patients with an immunochemistry (IHC) rating of 1+ or 2+ for HER2/neu protein expression and a fluorescence in situ hybridization (FISH) rating of less than 2.0 for HER2/neu gene expression. The patent protection is afforded in all of the European countries and will expire in April 2028.
Should Investors Rush To Buy GALE After The Solid Rally? Get Special Report Here
Additionally, the company on August 8 reported its financial results for the three months and six months ended June 30, 2013 and provided a business update. Net loss (including both continued operations and discontinued operations) for the three months ended June 30, 2013 was $9.6 million, or $0.11 per basic and diluted share, versus a net loss of $0.2 million, or $0.00 per basic share and $0.03 per diluted share, for the three months ended June 30, 2012. Net loss (including both continued operations and discontinued operations) for the six months ended June 30, 2013 was $18.9 million, or $0.23 per basic and diluted share, versus a net loss of $25.0 million, or $0.44 per basic and diluted share, for the six months ended June 30, 2012.
Join Our Mobile SMS Alerts By Texting Stocks To 555888
HotStockProfits.com continuously monitors and scans the markets for day trading and swing trading signals on NASDAQ, NYSE, AMEX, OTCBB and Pink Sheet companies for its free e-newsletter subscribers.
Disclosure:HotStockProfits.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit HotStockProfits.com website, for complete risks and disclosures.
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)