Stamford, CT -- (SBWIRE) -- 08/29/2013 -- High Rising Stocks provides investors with the hot penny stock alerts on a regular basis. We 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: Astex Pharmaceuticals, Inc. (NASDAQ:ASTX), NovaGold Resources Inc. (USA) (NYSEMKT:NG), Standard Pacific Corp. (NYSE:SPF), Arch Coal Inc (NYSE:ACI)
Astex Pharmaceuticals, Inc. (NASDAQ:ASTX) shares declined 0.44% to $6.79. The company, on August 28, announced topline results from the ongoing phase 2 of SGI-110 in patients with AML and MDS. The Phase 2 study is a randomized study of SGI-110 given either as 60 or 90 mg/m2 daily for 5 days in a 28-day course. As of end of June data cutoff, 67 AML patients had a minimum follow up of 3 months (50 patients representing the complete cohort of relapsed/refractory AML, and 17 patients in the treatment-naive elderly AML not suitable for induction chemotherapy cohort). The primary endpoint is overall remission rate (Complete Remission or CR; Complete Remission with Incomplete hematologic recovery or CRi/CRp).
Should Investors Buy ASTX After Yesterday’s Slump? Find Out Here
NovaGold Resources Inc. (USA) (NYSEMKT:NG) shares dropped 5.44% to $2.78. The company on July 10 announced results for its second quarter ended May 31, 2013 and updated the status of the permitting process for its flagship Donlin Gold project in Alaska. For the three and six months ended May 31, 2013, the Company reported a net loss of $10.3 million ($0.03 basic and diluted loss per share) and $24.1 million ($0.08 basic and diluted loss per share), compared to net income of $94.2 million ($0.34 basic and $0.26 diluted income per share) and $111.0 million ($0.42 basic and $0.26 diluted income per share), for the prior year periods.
How Should Investors Trade NG After The Recent Volatility? Get Free Report Here
Standard Pacific Corp. (NYSE:SPF) shares increased 1.27% to $7.18. The company on August 1 announced the pricing of its previously announced public offering of senior notes and the increase in the amount of the offering to $300 million aggregate principal amount of notes. Citigroup Global Markets Inc. and Credit Suisse Securities (USA) LLC acted as joint book-running managers for the notes offering.
Is SPF A Good Buy After The Recent Price Movement? Find Out Here
Arch Coal Inc (NYSE:ACI) shares fell 1.51% to $4.56. On August 28, FBR Capital resumes coverage on Arch Coal Inc (NYSE: ACI) with a Outperform rating and $6 price target after the company closed the divestiture of its Canyon Fuel subsidiary to Bowie Resources for $423M in net proceeds.
Additionally, the company on August 19 announced that it has completed the sale of its subsidiary, Canyon Fuel Company, LLC ("Canyon Fuel") to Bowie Resources, LLC for $423 million in cash, which is inclusive of working capital adjustments.
Moreover, the company will begin trading ex-dividend on August 28, 2013. A cash dividend payment of $0.03 per share is scheduled to be paid on September 13, 2013. Shareholders who purchased ACI stock prior to the ex-dividend date are eligible for the cash dividend payment.
Should Investors Rush To Buy ACI After The Solid Rally? Get Special Report Here
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