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:-
A.P. Pharma, Inc.(OTC:APPA) shares fell 3.59% and closed at $0.617. The company, on Mar. 8, reported fourth quarter and full year 2012 financial results and highlighted recent corporate progress. The company’s net loss for the fourth quarter of 2012 was $7.7 million, or $0.03 per share, compared to a net loss of $4.3 million, or $0.02 per share, for the fourth quarter of 2011.
How Should Investors Trade APPA After The Recent Price movement? Find out Here
ArcelorMittal (ADR)(NYSE:MT) shares fell 3.51% to $14.29. The company, on Mar. 15, announced the completion of the first instalment of the previously announced investment by a consortium led by POSCO and China Steel Corporation (CSC) to acquire a joint venture interest in ArcelorMittal`s Labrador Trough iron ore mining and infrastructure assets in Quebec, Canada. The consortium acquired an 11.05% interest in the joint venture for total consideration of US$810 million in cash, with ArcelorMittal`s wholly owned subsidiary ArcelorMittal Mines Canada retaining an 88.95% interest in the joint venture.
Is MT a Strong Buying Opportunity After The Recent Slump? Find out Here
Generex Biotechnology Corporation (PINK:GNBT) shares fell 3.65% and closed at $0.0290. The company, on Feb. 7, provided an overview of the current pipeline and potential of its wholly-owned subsidiary Antigen Express, Inc. While the Company is currently in a late Phase IIb trial of a very promising new immunotherapy for early breast cancer (AE37), the Company has made concrete headway in demonstrating a robust pipeline for AE37 indications beyond breast cancer, as well as for the technology behind it.
Is GNBT a Buy After The Latest Price Action? Find Out Here
Zynga Inc (NASDAQ:ZNGA) shares dropped 3.04% to $3.51. Yahoo! Inc. might consider buying ZNGA. Blake Harper, an analyst at Wunderlich Securities Inc., wrote in a research report last week that Yahoo may consider buying Zynga as Chief Executive Officer Marissa Mayer seeks acquisitions to bolster the U.S. Web portal’s mobile and social capabilities. With a market value of about $3 billion, Zynga might be an attractive target if Mayer opts for deals valued at more than $1 billion, Harper said.
Is ZNGA a Buy After The Latest Price Action? Find Out Here
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