Kolkata, West Bengal -- (SBWIRE) -- 09/20/2013 -- Specialpennystockalert.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on Cyclacel Pharmaceuticals Inc (NASDAQ:CYCC), NextEra Energy, Inc. (NYSE:NEE), Support.com, Inc. (NASDAQ:SPRT).
Cyclacel Pharmaceuticals Inc (NASDAQ:CYCC) stock surged 31.58% to $5 in the pre-market hour. The company on Sept. 19 announced updated data showing that sapacitabine has activity against a majority of ovarian cancer samples taken from patients, including resistant tumors. The data were reported at a poster presentation during the American Association of Cancer Research (AACR) conference "Advances in Ovarian Cancer: from concept to clinic" being held September 18-21, 2013, in Miami, FL.
Cyclacel collaborators from the Northern Institute for Cancer Research, Newcastle University, UK led by Nicola Curtin, Professor of Experimental Therapeutics and Richard Edmondson, Professor of Gynaecological Oncology reported that CNDAC, the active metabolite of sapacitabine, was active against 75% (30 of 40) of primary ovarian cancer (POC) samples isolated from patients.
Additionally, Investment analysts at Janney Montgomery Scott initiated coverage on shares of Cyclacel Pharmaceuticals in a note issued to investors on Sept. 10. The firm set a “buy” rating on the stock.
Should Investors Buy CYCC After Yesterday’s Jump? Find Out Here
NextEra Energy, Inc. (NYSE:NEE) shares declined 1.69% to $81.30 in the pre-market hour. The company on Sept. 20 announced that it has agreed to sell $500 million of equity units to Citigroup, Morgan Stanley, and Credit Suisse. The transaction is expected to close on Sept. 25, 2013.
Each equity unit will be issued in a stated amount of $50. Each equity unit will consist of a contract to purchase NextEra Energy common stock in the future, and a 5 percent undivided beneficial ownership interest in a NextEra Energy Capital Holdings, Inc. debenture due Sept. 1, 2018, to be issued in the principal amount of $1,000.
The debentures will be guaranteed by NextEra Energy Capital Holdings' parent company, NextEra Energy, Inc. Total annual distributions on the equity units will be at the rate of 5.799 percent, consisting of interest on the debentures and payments under the stock purchase contracts.
Is NEE A Good Buy After The Recent Price Movement? Find Out Here
Support.com, Inc. (NASDAQ:SPRT) shares closed at $5.56. The company will present a free webinar, "How Tech Support Can Drive World-Class Customer Experiences", on September 26, 2013 at 11 AM PT / 2 PM ET. Presenting for Support.com is James Morehead, Vice President, Product Management and Corporate Marketing, and Tony Mataya, Principal, Avasant.
Additionally, B. Riley upped their price objective on shares of Support.com from $4.50 to $5.50 in a research note issued on August 1. The firm currently has a “neutral” rating on the stock.
Moreover, the company on August 1 announced that it is hiring hundreds of Remote Services Technicians, specializing on home networking support, to meet the growing demand for premium technology support services. All technicians work from home and are powered by Support.com's patented Nexus(R) Service Delivery Platform to diagnose and deliver services faster while delighting the customer.
Is SPRT A Good Buy After The Recent Price Movement? Find Out Here
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