Stamford, CT -- (SBWIRE) -- 08/29/2013 -- High Rising Stocks provides investors with the hot penny stock alerts on a regular basis. We will send you alerts through our Free E Newsletters with High Yielding alerts, market forecasting, stock tips and strategies, and offer you the tools to help you along the way with the goal of keeping you loyal to our service. Today’s stocks to watch are: Sterlite Industries India Limited (ADR) (NYSE:SLT), Verizon Communications Inc.(NYSE:VZ), Raptor Pharmaceutical Corp.(NASDAQ:RPTP), Cimatron Ltd.(NASDAQ:CIMT)
Sterlite Industries India Limited (ADR) (NYSE:SLT) shares gained 6.29% to $5.91. Sesa Goa Limited ('Sesa Goa') on August 21 announced that the merger of Sterlite Energy Limited ('SEL') with Sesa Goa and the demerger of the Aluminium Business Undertaking of Vedanta Aluminium Limited ('VAL') into Sesa Goa pursuant to the Scheme of Amalgamation and Arrangement have become effective. Company's wholly owned subsidiary, Bloom Fountain Limited, would acquire 38.68% stake in Cairn India Limited together with the associated debt, effective 26th August 2013.
Should Investors Buy SLT After Yesterday’s Slump? Find Out Here
Verizon Communications Inc.(NYSE:VZ) shares gained 2.49% to $47.72. Verizon is in talks to buy out U.S. wireless joint venture partner Vodafone as it looks to grow its lucrative mobile business. In a statement on August 29, Vodafone said it is in discussions with Verizon Communications Inc. (VZ, Fortune 500) over the possible sale of its 45% stake in Verizon Wireless. Verizon Communications holds the remaining 55% share.
Can Traders Buy VZ After The Solid Rally? Get Free Trend Analysis Here
Raptor Pharmaceutical Corp.(NASDAQ:RPTP) shares declined 2.20% to $12.44. The company on August 29 announced that PROCYSBI (cysteamine bitartrate) will be featured in an upcoming presentation at the 16th Congress of the International Pediatric Nephrology Association being held in Shanghai, China. The presentation, titled "Extended treatment of patients with cystinosis and CKD with RP103 demonstrates efficacy and safety," will be given by Dr. Craig Langman of the Northwestern University Feinberg School of Medicine and is scheduled for 5:15 p.m. China Standard Time on Sunday, September 1, 2013 (Abstract O-42).
Should Investors Buy RPTP After Yesterday’s Slump? Find Out Here
Cimatron Ltd.(NASDAQ:CIMT) shares declined 7.12% to $6.13. The company on August 13 announced financial results for the second quarter and first six months of 2013. Revenues for the second quarter of 2013 were $11.0 million, compared to $10.6 million recorded in the second quarter of 2012. Net Profit for the second quarter of 2013 was $1.0 million, or $0.11 per diluted share, compared to a net profit of $1.0 million, or $0.11 per diluted share, recorded in the same quarter of 2012.
For the first six months of 2013, revenues were $21.2 million, compared to $20.5 million in the same period of 2012. In the first six months of 2013, net profit was $1.6 million, or $0.17 per diluted share, compared to a net profit of $1.8 million, or $0.20 per diluted share, in the first six months of 2012.
How Should Investors Trade CIMT After The Recent Volatility? Get Free Trend Analysis Here
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