Lakeway, NY -- (SBWIRE) -- 03/12/2013 -- 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:-
Threshold Pharmaceuticals, Inc. (NASDAQ:THLD) shares gained 2.99% to $5.16. The company, on Mar. 7, reported financial results for the fourth quarter and year ended December 31, 2012 and provided a clinical outlook related to the development of TH-302, the company's lead investigational hypoxia-targeted drug currently in pivotal Phase 3 clinical studies for both soft tissue sarcoma and pancreatic cancer.
Revenue for the fourth quarter and year ended December 31, 2012 was $2.0 million and $5.9 million, respectively. Net income for the fourth quarter ended December 31, 2012 was $28.4 million. Net loss for the year ended December 31, 2012 was $71.1 million.
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Health Management Associates, Inc. (NYSE:HMA) shares jumped 2.99% and closed at $11.73. The company, on Feb. 14, reported fourth quarter net income from continuing operations of $50.09 million or $0.19 per share, up from $32.07 million or $0.13 per share in the prior-year quarter. Adjusted earnings per share from continuing operations were $0.12, as compared to last year's $0.13. Analysts expected earnings of $0.18 per share for the quarter. Net revenues grew 6.6% to $1.48 billion from the previous year. Adjusted net revenues increased to to $1.72 billion from $1.58 billion in the same quarter last year, and topped analysts' estimate of $1.68 billion.
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Glu Mobile Inc.(NASDAQ:GLUU) shares increased 2.98% and closed at $2.42. The company, on Feb. 21, announced the availability of the company's new game, Gun Bros 2, available for iPhone, iPad, iPod touch and Mac. The next episode in Glu's original hit freemium franchise, Gun Bros 2 delivers dynamic top-down style gameplay complete with new environments, massive boss fights, and over-the-top weapons. Gun Bros 2 multiplayer modes allow players on iOS and OS X Mountain Lion to compete with one another in real-time. This is the first title that Glu has launched simultaneously across both mobile and desktop devices.
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Select Comfort Corp. (NASDAQ:SCSS) shares jumped 2.98% to $18.69. The company, on Mar. 4, reported it has experienced below-plan sales since Feb. 1, 2013 and will likely miss its internal goals for the first quarter. The company plans to discuss its outlook for the balance of the year following the release of first-quarter financial results scheduled for April 17, 2013. The company does not provide quarterly financial guidance and does not plan to provide additional commentary regarding first-quarter sales or earnings performance prior to April 17, 2013.
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