Investors Buzz: Joe's Jeans Inc, Savient Pharmaceuticals, Incyte Corporation, Barclays PLC

Dallas, TX -- (SBWIRE) -- 03/19/2013 -- Marketbuzzreport.com, 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:-

Joe's Jeans Inc. (NASDAQ:JOEZ) shares fell 4.42% to $1.73. The company, on Feb. 21, announced financial results for the fourth quarter ended November 30, 2012. For the fourth quarter ended November 30, 2012, overall net sales were $33.7 million compared to $25.4 million in the prior year comparative period, or a 33% increase. The company generated operating income of $3.2 million compared a loss of $131,000 in the prior year comparative period. Fully diluted earnings per share were $0.03 for the fourth quarter of fiscal 2012 compared to earnings per share of $0.00 in same period a year ago.

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Savient Pharmaceuticals, Inc.(NASDAQ:SVNT) shares decreased 4.40% and closed at $0.870. The company announced that the Company's fourth quarter and year-end 2012 financial results will be released prior to the market open on Tuesday, March 19, 2013. Savient's executive management will host a conference call beginning at 9:00 a.m. Eastern Time on March 19, 2013, to discuss these results and to answer questions.

Is SVNT a Strong Buying Opportunity After The Recent Slump? Find out Here

Incyte Corporation (NASDAQ:INCY) shares fell 4.23% to $23.79 after INCY‘s stock had its “overweight” rating reaffirmed by JPMorgan Chase in a research note issued on Mar. 18.

Additionally, the company disclosed in a regulatory filing that it was informed last week of a case of progressive multifocal leukoencephalopathy, or PML, in a 75 year old male patient from the United Kingdom with myelofibrosis treated with ruxolitinib.

Is INCY Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here

Barclays PLC (ADR)(NYSE:BCS) shares decreased 4.06% to $18.45. Mitch Cox, a former Merrill Lynch executive who Barclays Plc hired in 2009 to revive its Americas wealth business, recently has left the British bank, not long after a report shed light on the over-aggressive management culture he had fostered at the New York-based division. Barclays said on Mar. 8 that Cox, who had headed its Americas wealth and investment management unit since October 2009, has stepped down to "pursue interests outside the firm."

Get latest News, Updates on BCS Here

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