Stamford, CT -- (SBWIRE) -- 09/11/2013 -- High Rising Stocks provides investors with the hottest penny stock alerts on a regular basis. Our Penny Stock Newsletter 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: VIVUS, Inc.(NASDAQ:VVUS), EXCO Resources Inc (NYSE:XCO), Zale Corporation (NYSE:ZLC), SYNNEX Corporation (NYSE:SNX)
VIVUS, Inc.(NASDAQ:VVUS) shares declined 0.76% to $10.38. The company on Sept. 4 said new Chief Executive Officer Tony Zook has resigned because of health reasons. Seth H. Z. Fischer, formerly with Johnson & Johnson (JNJ), will replace Zook immediately, the Mountain View, California-based company said in a statement.
Additionally, the company on August 6 reported its financial results for the quarter ended June 30, 2013. Net product revenue from sales of Qsymia in the first half of 2013 was $9.6 million. For the six months ended June 30, 2013, we reported a net loss of $109.1 million, or $1.08 net loss per share, as compared to a net loss of $42.8 million, or $0.45 net loss per share during the first half of 2012.
Should Investors Buy VVUS After Yesterday’s Slump? Find Out Here
EXCO Resources Inc (NYSE:XCO) shares declined 1.79% to $6.87. The company on Sept. 10 announced BG Group plc ("BG Group") has elected not to acquire 50% of the recently acquired producing and undeveloped oil and gas assets in the Haynesville shale formation ("Haynesville"). EXCO closed the acquisition of the Haynesville assets on July 12, 2013 for a purchase price of $288 million, after customary preliminary purchase price adjustments. These assets were subject to BG Group's right to acquire a 50% interest, which was formally offered to BG Group on July 13, 2013.
How Should Investors Trade XCO After The Recent Volatility? Get Free Report Here
Zale Corporation (NYSE:ZLC) shares climbed 4.61% to $14.75. Sterling Jewelers Inc. and Zale Corporation (NYSE: ZLC) on Sept. 6 announced that with respect to the lawsuit pending in The United States District Court for the Northern District of Ohio, styled Sterling Jewelers Inc. v. Zale Corp., Civ. No. 5:12-cv-02823, the parties have agreed to a negotiated resolution of the case which will go into full force and effect as of March 1, 2014. The details regarding the settlement are confidential and will not be disclosed.
Is ZLC A Good Buy After The Recent Price Movement? Find Out Here
SYNNEX Corporation (NYSE:SNX) shares climbed 20.30% to $57.71 in the early hour. The company on Sept. 10 announced in a release issued jointly by SYNNEX and IBM (NYSE: IBM), that SYNNEX will acquire IBM's worldwide customer care services business. The acquisition will be combined with Concentrix, a wholly-owned subsidiary of SYNNEX and a recognized leader in providing platforms, people and services to support high-value interactions at every stage of the customer lifecycle.
Pursuant to the asset purchase agreement, SYNNEX will pay a purchase price of $505 million, consisting of approximately $430 million in cash and $75 million in SYNNEX common stock.
Should Investors Rush To Buy SNX After The Solid Rally? Get Special Report Here
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