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: Raptor Pharmaceutical Corp.(NASDAQ:RPTP), Methode Electronics Inc. (NYSE:MEI), XOMA Corp(NASDAQ:XOMA), AK Steel Holding Corporation(NYSE:AKS)
Raptor Pharmaceutical Corp.(NASDAQ:RPTP) shares gained 3.46% to $13.16. 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
Methode Electronics Inc. (NYSE:MEI) shares climbed 32.16% to $23.30. The company on August 29 announced financial results for the Fiscal 2014 first quarter ended July 27, 2013. Methode's first-quarter Fiscal 2014 net sales grew $48.6 million, or 40.9 percent, to $167.3 million from $118.7 million in the same quarter of Fiscal 2013. Net income increased $9.9 million to $13.8 million, or $0.36 per share, in the first quarter of Fiscal 2014 from $3.9 million, or $0.10 per share, in the same period of Fiscal 2013.
Can Traders Buy MEI After The Solid Rally? Get Free Trend Analysis Here
XOMA Corp(NASDAQ:XOMA) shares jumped 1.05% to $4.82. The company on August 20 announced the pricing of 7,596,685 shares of its common stock at a price to the public of $3.62 per share. In addition, XOMA anticipates its aggregate net proceeds from the offering will be approximately $25.5 million after deducting the underwriting discount and estimated offering expenses payable by XOMA. The offering is expected to close on or about August 23, 2013, subject to customary closing conditions.
Should Investors Buy XOMA After Yesterday’s Slump? Find Out Here
AK Steel Holding Corporation(NYSE:AKS) shares fell 1.16% to $3.42. AK Steel Holding Corporation (NYSE: AKS) ("AK Holding") announced on August 29 that its subsidiary, AK Steel Corporation ("AK Steel"), has completed its offer to exchange up to $380.0 million in aggregate principal amount of its 8.750% senior secured notes due 2018, not registered under the Securities Act of 1933, as amended, for an equal aggregate principal amount of its registered 8.750% senior secured notes due 2018. The Exchange Offer expired at 5:00 p.m., Eastern Daylight Time, on August 28, 2013. All of the Initial Notes were submitted for exchange, and AK Steel has accepted for exchange all the Initial Notes validly tendered and not withdrawn pursuant to the Exchange Offer.
How Should Investors Trade AKS After The Recent Volatility? Get Free Trend Analysis Here
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