Dallas, TX -- (SBWIRE) -- 03/19/2013 -- 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:-
Amarin Corporation plc (ADR) (NASDAQ:AMRN) stock dropped 4.02% to $8.12. The company, on Mar. 7, announced that the United States Patent and Trademark Office (USPTO) has published notification of a Notice of Allowance for Amarin's U.S. Patent Application Serial Number 13/614,111titled "Stable Pharmaceutical Compositions and Methods of Using the Same."
Additionally, the company, on Feb. 28, announced financial results for the quarter and year ended December 31, 2012 and provided an update on company operations. The company reported a fourth quarter GAAP net loss of $10.6 million, or basic and diluted loss per share of $0.07. Fourth quarter Non-GAAP adjusted net loss was $42.0 million, or non-GAAP adjusted basic and diluted loss per share of $0.28.
How Should Investors Trade AMRN After The Recent Price movement? Find out Here
ServiceNow Inc (NYSE:NOW) shares decreased 3.96% to $35.63 after NOW‘s stock had its “buy” rating restated by equities researchers at Deutsche Bank in a report issued on Mar. 18. They currently have a $41.00 target price on the stock. Additionally, analysts at Evercore Partners raised their price target on shares of ServiceNow from $33.00 to $38.00 in a research note to investors on March 13. They now have an “equal-weight” rating on the stock.
Is NOW a Strong Buying Opportunity After The Recent Slump? Find out Here
Banco Santander, S.A. (ADR) (NYSE:SAN) stock fell 3.73% to $7.49. Reuters, on Mar. 4, reported that the Bank of Spain announced on March 4, 2013 that it formally started proceedings to decide whether Chief Executive Officer of Banco Santander SA, Mr. Alfredo Saenz, will be barred from banking. Spain's Supreme Court last month partially annulled a 2011 pardon of a conviction held by Mr. Saenz, reviving a long-running case, and now has to decide his fate as Chief Executive Officer of the euro zone's bank. Although Spanish rules on banking ethics would in most cases bar a person with a criminal record, the Bank of Spain said that it could not prejudge the outcome of the proceedings.
Is SAN a Buy After The Latest Price Action? Find Out Here
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