Kolkata, West Bengal -- (SBWIRE) -- 09/13/2013 -- Specialpennystockalert.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on Lululemon Athletica inc. (NASDAQ:LULU), Amarin Corporation plc (ADR) (NASDAQ:AMRN), Freeport-McMoRan Copper & Gold Inc.(NYSE:FCX).
Lululemon Athletica inc. (NASDAQ:LULU) shares declined 5.40% to $65.29. The company on Sept. 12 announced financial results for the second quarter ended August 4, 2013. Net revenue for the quarter increased 22% to $344.5 million from $282.6 million in the second quarter of fiscal 2012. Income from operations for the quarter increased 12.5% to $79.0 million, and as a percentage of net revenue was 22.9% compared to 24.8% of net revenue in the second quarter of fiscal 2012. Diluted earnings per share for the quarter were $0.39 on net income of $56.5 million, compared to diluted earnings per share of $0.39 on net income of $57.2 million in the second quarter of fiscal 2012.
Should Investors Buy LULU After Yesterday’s Jump? Find Out Here
Amarin Corporation plc (ADR) (NASDAQ:AMRN) stock declined 7.95% to $6.60. The company, on Sept. 9, announced that it now has 30 patents issued or allowed by the United States Patent and Trademark Office (USPTO) related to its flagship product, Vascepa® (icosapent ethyl) capsules.
Amarin recently received Notices of Allowance for U.S. Patent Application Serial Numbers 13/777,398, 13/768,897, and 13/768,869, each titled "Stable Pharmaceutical Composition and Methods of Using Same." The scope of coverage related to Vascepa represented by these applications is the broadest allowed to date.
How Should Investors Trade AMRN After The Recent Volatility? Get Free Trend Analysis Here
Freeport-McMoRan Copper & Gold Inc.(NYSE:FCX) shares increased 0.97% to $33.15. FCX’s stock was upgraded by research analysts at Barclays Capital from a “market weight” rating to an “overweight” rating in a report released on Sept. 9.
Additionally, the company ended force majeure on shipments from the Indonesian copper mine at Grasberg, the world’s second largest, an executive said on Sept. 2. Shipments from Grasberg are at normal levels, Rozik B. Soetjipto, the president-director at the company’s local unit, said in a text message today. Phoenix-based Freeport has yet to formally announce the lifting of the force majeure declared on June 12, which allowed it to miss deliveries following a tunnel accident. Freeport resumed some concentrate shipments in July.
Is FCX A Good Buy After The Recent Price Movement? Find Out Here
Specialpennystockalert.com is engaged in providing the most up to date and useful information on Microcap Stocks poised to breakout. Specialpennystockalert.com also provides investors with trend analysis, detailed company profiles, and most importantly a much needed "informational edge" which can be used as a tool for making investment decisions. To Receive Instant updates in the inbox, readers are advised to sign up for free at Specialpennystockalert.com.
The assembled information disseminated by Specialpennystockalert.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Specialpennystockalert.com does expect that investors will buy and sell securities based on information assembled and presented in phd-trading.com. PLEASE always do your own due diligence, and consult your financial advisor.
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)