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Los Angelas, CA -- (SBWIRE) -- 02/11/2013 -- Novo Nordisk A/S ADS (NYSE:NVO) shares are plunging, down more than 13% announced that on 8 February 2013 it received a Complete Response Letter from the US Food and Drug Administration (FDA) regarding the New Drug Applications for Tresiba® (insulin degludec) and Ryzodeg® (insulin degludec/insulin aspart). A Complete Response Letter is issued by the FDA, when the agency determines that an application cannot be approved in its current form.
Can NVO Rebound After The Recent Slump and Investors Can Make Money? Find Out Here
Tesla Motors Inc (NASDAQ:TSLA) stock dropped 2.83% is expected to report a fourth-quarter loss of 59 cents a share on revenue of $298.6 million, according to a survey of analysts by FactSet. Shares were down Monday in premarket trading following a negative review of the electric-car-maker’s Model S sedan, which is the first car it designed completely, in the New York Times.
Can TSLA Bounce Back? Find Out Here
LDK Solar Co., Ltd (ADR) (NYSE:LDK) shares dropped 2.50% and closed at $1.56. The company, on Feb. 5, announced that after a long dispute with Italy-based Helios Technology S.p.A., the Venice Court of Appeal declared on January 16, 2013 that, according to the ICC Rules of Arbitration, the 2010 award in favor of LDK Solar is valid, effective and enforceable in Italy.
What Should Investors Do With LDK Now? Find Out Here
Arch Coal Inc (NYSE:ACI) shares declined 2.87% to $5.75. The company, on Feb. 6, reported a net loss of $295 million, or $1.39 per diluted share, for the fourth quarter of 2012. Adjusted fourth quarter net loss was $89 million, or $0.42 per diluted share. In the fourth quarter of 2011, Arch reported adjusted net income of $62 million, or $0.29 per diluted share.
Can ACI Extend Fall? If Yes, How Far It Can Go? Find Out Here
Alpha Natural Resources, Inc. (NYSE:ANR) lost -3.29% with the closing price of $8.23 on Friday after the Bristol, Virginia based company declared the jobs cut and the idling of two mines in part of the restructuring plan the company stated in September to reduce coal production.
Can ANR Jump Again? Find Out Here
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