Lakeway, TX -- (SBWIRE) -- 02/25/2013 -- Bestdamnpennystocks, 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:-
The Medicines Company (NASDAQ:MDCO) shares fell 2.80% to $31.55. The company, last week, announced fourth-quarter net income of $20.7 million, or $0.38 per share, up from $19.6 million, or $0.36 per share in the same quarter last year. Further, non-GAAP net income for the fourth quarter of 2012 was $42.9 million, or $0.78 per share. Meanwhile, net revenue increased by 20.6% to $159.5 million, from $132.2 million in the year-ago quarter. Analysts expected the company to report a profit of $0.21 per share on revenues of $136.46 million for the quarter.
Is MDCO after A Solid Pop Up? Find Out Here
VIVUS, Inc. (NASDAQ:VVUS) shares decreased 2.32% and closed at $12.58 in yesterday’s session. The company announced that it will report financial results for the fourth quarter and year ended December 31, 2012 after the Nasdaq Market closes on Monday, February 25, 2013. The company will conduct a conference call and an audio webcast at 4:30pm EST the same day.
Additionally, the company last week announced that the European Medicines Agency's (EMA) Committee for Medicinal Products for Human Use (CHMP) confirmed its October 18, 2012 decision to decline the Marketing Authorization Application (MAA) for Qsiva (phentermine/topiramate ER) for the treatment of obesity in the European Union.
Will VVUS Continue To Trend Higher After The Recent Gain? Find Out Here
DryShips Inc. (NASDAQ:DRYS) shares dropped 2.96% and closed at $1.97. The company, on Feb. 11, announced it is offering 5,000,000 common shares of Ocean Rig that it owns in an underwritten public offering pursuant to Ocean Rig's effective shelf registration statement on Form F-3ASR filed with the Securities and Exchange Commission. Following the completion of the offering, DryShips is expected to own approximately 61.3% of Ocean Rig's outstanding shares. Deutsche Bank Securities and Credit Suisse are acting as joint book-running managers for the offering.
Is DRYS Still a Buy After The Recent momentum? Find Out Here
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