Orlando, FL -- (SBWIRE) -- 10/01/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Boston Scientific Corporation (NYSE:BSX), Finish Line Inc (NASDAQ:FINL).
Boston Scientific Corporation (NYSE:BSX) shares gained 1.91% to $11.74. The company on Sept. 17 announced favorable six-month results from the first 60 patients enrolled in the REPRISE II clinical trial evaluating the safety and performance of the Lotus Valve System in symptomatic patients with severe aortic stenosis considered at high risk for surgical valve replacement.
According to the company, the data demonstrated excellent results with no new valve-related adverse events between 30 days and six months. Additionally, there were no cases of moderate or severe paravalvular regurgitation in any patient at six months.
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Finish Line Inc (NASDAQ:FINL) shares climbed 1.88% to $24.87. FINL’s stock had its price target increased by Sterne Agee from $16.00 to $17.00 in a research report sent to investors on Sept. 26. The firm currently has an underperform rating on the stock.
Additionally, the company on Sept. 27 reported results for the 13-weeks ended August 31, 2013. Consolidated net sales were $436.0 million, an increase of 13.3% over the prior year period. As of August 31, 2013, consolidated merchandise inventories increased 18.1% to $296.0 million compared to $250.6 million as of September 1, 2012. The company reported second quarter EPS of $0.54, up from $0.49 a year ago. The consensus estimate was for EPS of $0.45. Full year adjusted EPS is expected to be $1.47. The consensus estimate is for EPS of $1.57.
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