Lakeway, NY -- (SBWIRE) -- 02/13/2013 -- ThePennyStockProfiler.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:-
Recon Technology, Ltd. (NASDAQ:RCON) stock surged 58.47% to $3.09 in the pre-market hour after the company today reported results for its second quarter of fiscal 2013 ended December 31, 2012. Total revenues for the second quarter of FY2013 were approximately RMB46.0 million ($7.3 million), an increase of 49.1% from the same period of FY2012. Net income attributable to ordinary shareholders for the second quarter of FY2013 was RMB5.3 million ($0.8 million), or RMB1.34 ($0.21) per diluted share.
Is RCON a Strong At New highs? Let’s Find out Here
Peregrine Pharmaceuticals (NASDAQ:PPHM) shares jumped 16.11% to $2.44 in the pre-market hour after the company today announced resultsfrom its 70 patient open-label, randomized Phase II clinical trial ofbavituximab used in combination with gemcitabine in patients withpreviously untreated, advanced Stage IV pancreatic cancer. The trialincluded the enrollment of patients with advanced metastatic diseaseincluding significant liver involvement and poor performance statusassociated with rapid disease progression.
Additionally, PPHM’s stock was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research report issued to clients and investors on Feb. 12. They currently have a $2.30 price target on the stock.
Is PPHM a Strong Buying Opportunity After The Recent Slump? Find out Here
EZchip Semiconductor Ltd. (NASDAQ:EZCH) stock climbed 9.93% to $35.44 in the pre-market hour after the company today reported that net income, on a GAAP basis, for the fourth quarter of 2012 was $4.8 million, or $0.17 per share, compared to net loss of $6.0 million or $0.22 per share, in the fourth quarter of 2011. Net income, on a non-GAAP basis, for the fourth quarter of 2012 was $7.8 million, or $0.26 per share, compared to non-GAAP net income of $6.3 million, or $0.22 per share, in the fourth quarter of 2011. Analysts expected the company to report earnings of $0.21 per share for the quarter. Total revenues in the fourth quarter of 2012 were $15.2 million, an increase of 7% compared to $14.3 million in the fourth quarter of 2011. Analysts had consensus revenue estimate of $14.00 million for the quarter.
Is EZCH a Strong At New highs? Let’s Find out Here
MEMC Electronic Materials, Inc. (NYSE:WFR) shares climbed 7.56% to $4.84 in pre-market hour after the company reported a fourth-quarter GAAP net loss of $11.8 million, or $0.05 per share, versus last year's loss of $1.48 billion, or $6.44 per share. Adjusted quarterly earnings per share stood at $0.08, as against a loss of $0.21 per share a year ago. Revenue, on a GAAP basis, totaled $600.7 million, down from last year's $717.8 million, with non-GAAP revenue amounting to $704.3 million. Analysts expected loss per share of $0.01, on $661.46 million revenue for the quarter.
Is WFR a Strong Buying Opportunity After The Recent Slump? Find out Here
Comcast Corporation (NASDAQ:CMCSA) shares gained 7.03% to $41.75 in the pre-market hour after the company yesterday announced it will acquire GE’s entire 49% common equity stake in the NBCUniversal joint venture for approximately $16.7 billion. Also, NBCUniversal will purchase from GE the properties used by NBCUniversal at 30 Rockefeller Plaza and CNBC’s headquarters in Englewood Cliffs, NJ for approximately $1.4 billion.
Is CMCSA a Strong At New highs? Let’s Find out Here
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