Stocks Fell on Thursday: Centrais Eletricas Brasileiras SA, Navidea Biopharmaceuticals Inc, Continental Resources, Trina Solar Limited

Dallas, TX -- (SBWIRE) -- 03/22/2013 -- Marketbuzzreport.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:-

Centrais Eletricas Brasileiras SA (ADR)(NYSE:EBR.B) shares dropped 2.43% and closed at $5.62. Eletropaulo Metropolitana Eletricidade de Sao Paulo SA (AES Eletropaulo) on Feb. 21 announced that, in context of a dispute over the loan contract signed on October 30, 1986, between the Company and CTEEP Companhia de Transmissao de Energia Eletrica Paulista, the Court of Justice of Rio de Janeiro has fully annulled a decision of the first instance. Thus, the process must be restarted in one instance to proceed with the analysis of the technical and legal issues, as well as to realize the accounting expertise.

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Navidea Biopharmaceuticals Inc (NYSEAMEX:NAVB) shares fell 3.35% to $2.60. The company, on Mar. 21, announced the peer-reviewed publication of results from two Phase 3 clinical trials of Lymphoseek® (technetium 99m tilmanocept) Injection in patients with breast cancer. The trials assessed the performance of Lymphoseek against the standard of care, vital blue dye (VBD), in lymphatic mapping. Results demonstrated that Lymphoseek met its primary efficacy endpoint of rate of agreement, or concordance, with VBD.

Is NAVB a Strong Buying Opportunity After The Recent Slump? Find out Here

Continental Resources, Inc. (NYSE:CLR) shares fell 3.34% and closed at $86.17. The company’s chief executive Harold Hamm is embroiled in a contentious divorce that could lead to a record financial settlement and threaten his control of America's fastest-growing oil company. Sue Ann Hamm, Harold Hamm's second wife and a former executive at Continental, filed for divorce on May 19, 2012, Oklahoma court records show.

Additionally, The company, on Feb. 27, reported fourth quarter net income of $220.51 million or $1.19 per share, as compared to a net loss of $112.06 million or $0.62 per share in the prior-year quarter. Adjusted net income for the quarter was $191.80 million or $1.04 per share. Total operating revenues for the quarter soared to $688.73 million from $114.11 million in the same quarter last year. Analysts expected the company to report earnings of $0.87 per share on revenue of $655.12 million.

Is CLR Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here

Trina Solar Limited (ADR) (NYSE:TSL) shares decreased 3.34% to $4.05. The company, on Mar. 20, announced a new frame design across its full range of 72-cell monocrystalline and 60-cell polycrystalline modules. The frame thickness has been reduced from 40mm to 35mm, with products becoming immediately available. The thinner frame profile delivers a 5% reduction in weight, making modules substantially easier to handle and reducing the time needed to complete projects.

Is TSL Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here

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