Austin, TX -- (SBWIRE) -- 05/07/2013 -- Jackpotpennystocks.com, an investor research portal specializing in several sectors including biotech and healthcare and tech stocks on the U.S. market, issues news updates on the following stock:-
China Housing & Land Development, Inc. (NASDAQ:CHLN) shares gained 17.79% to $2.45. The company, on April 1, announced its financial results for the quarter ended December 31, 2012. Net income attributable to the Company in the fourth quarter of 2012 was $11.5 million, or $0.33 per diluted share. Operating income increased significantly to $14.8 million from $1.6 million in the third quarter of 2012, and $2.4 million in the fourth quarter of 2011.
Can CHLN Continue To Move Higher? Find Out Here
Idera Pharmaceuticals Inc (NASDAQ:IDRA) shares jumped 13.86% and closed at $0.649 in the last trading session. The company on May 1 announced the pricing of an underwritten public offering by Idera Pharmaceuticals of (i) for a combined public offering price of $0.50 per share of common stock and related warrant, 17,500,000 shares of common stock and related warrants to purchase up to 17,500,000 shares of common stock at an exercise price of $0.47 per share, and (ii) for a combined public offering price of $0.49 per pre-funded warrant and related warrant, pre-funded warrants to purchase up to 15,816,327 shares of common stock at an exercise price of $0.01 per share and related warrants to purchase up to 15,816,327 shares of common stock at an exercise price of $0.47 per share.
Can IDRA Extend Gain? Find Out Here
Mobile Mini Inc (NASDAQ:MINI) shares gained 13.83% to $33. The company on May 6 reported actual and adjusted financial results for the quarter ended March 31, 2013. Total revenues were $97.9 million and leasing revenues were $85.1 million, compared with $88.8 million and $78.4 million, respectively, for the same period last year. The Company's first quarter adjusted net income was $12.3 million, or $0.27 per diluted share, compared with $6.0 million, or $0.13, respectively, for the first quarter of 2012.
How Should Investors Trade MINI Now? Find Out Here
Neutral Tandem Inc(NASDAQ:IQNT) shares climbed 12.58% to $5.37. The company on May 1 announced its financial results for the first quarter of 2013. In the first quarter of 2013, Inteliquent generated revenue of $69.7 million, a decrease of 1% compared to $70.7 million of revenue in the first quarter of 2012. Income from operations in the first quarter of 2013 was $11.2 million, compared to income from operations of $10.7 million in the first quarter of 2012.
Additionally, IQNT’s stock was upgraded by analysts at Morgan Stanley from an "underweight" rating to an "equal weight" rating in a research report issued to clients and investors on May 5.
How Should Investors Trade IQNT Now? Find Out Here `
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