Orlando, FL -- (SBWIRE) -- 09/11/2013 -- 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 VIVUS, Inc.(NASDAQ:VVUS), United States Steel Corporation (NYSE:X).
VIVUS, Inc.(NASDAQ:VVUS) shares declined 4.21% to $10.46. The company on Sept. 4 said new Chief Executive Officer Tony Zook has resigned because of health reasons. Seth H. Z. Fischer, formerly with Johnson & Johnson (JNJ), will replace Zook immediately, the Mountain View, California-based company said in a statement.
Additionally, the company on August 6 reported its financial results for the quarter ended June 30, 2013. Net product revenue from sales of Qsymia in the first half of 2013 was $9.6 million. For the six months ended June 30, 2013, we reported a net loss of $109.1 million, or $1.08 net loss per share, as compared to a net loss of $42.8 million, or $0.45 net loss per share during the first half of 2012.
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United States Steel Corporation (NYSE:X) shares gained 2.51% to $20.02. Workers locked out at U.S. Steel Corp's (NYS:X) Lake Erie works in Canada have voted to accept a contract offer, according to results posted on their union's website late on Sept. 3. The union said 79 percent of its members participated in the vote, and 57 percent voted to accept the deal.
Additionally, the company’s Chairman and Chief Executive Officer John P. Surma on August 16 announced that General Counsel and Senior Vice President - Corporate Affairs James D. Garraux has informed the company of his plan to retire by the end of 2013 after 34 years with the company.
Garraux, 60, was named general counsel and senior vice president, labor relations and environmental affairs in 2007. He assumed responsibilities for governmental affairs and public policy initiatives in 2009, and was named general counsel and senior vice president - corporate affairs.
Is X going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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