Stocks to Keep an Eye On: Peregrine Pharmaceuticals, Sangamo Biosciences, Nokia Corporation

Lakeway, TX -- (SBWIRE) -- 02/28/2013 -- vbtrendreport.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:-

Peregrine Pharmaceuticals (NASDAQ:PPHM) shares gained 6.61% and closed at $1.29. The company, on Feb. 19, reported data from its randomized, double-blind placebo-controlled Phase II trial of bavituximab in patients with second-line non-small cell lung cancer (NSCLC). Data from the trial has been updated based on completion of an earlier review of discrepancies in the trial and the most current survival data from the trial.

Additionally, Avid Bioservices, Inc., a subsidiary of Peregrine announced that it will present two posters at IBC's Biopharmaceutical Development & Production Conference to be held in Huntington Beach, California, February 26 - March 1, 2013.

How Should Investors Trade PPHM After The Solid Jump? Let’s Find Out Here

Sangamo Biosciences, Inc. (NASDAQ:SGMO) shares increased 6.16% and closed at $9.31 in yesterday’s session. The company, on Feb. 6, announced that for fiscal 2013, it expects revenues to be in the range of $20 to $24 million. Analysts on an average are expecting the Company to report revenue of $23 million for fiscal 2013.

Additionally, the company announced that Geoff Nichol, M.B., Ch.B., Sangamo’s executive vice president, research and development, will provide an update on the progress of Sangamo’s ZFP Therapeutic® development programs and an overview of the company’s business strategy at 10:40 am ET on Wednesday, March 6, 2013, at the 33rd Annual Cowen and Company Health Care Conference which will be held in Boston.

Is SGMO Ready To Jump Again After The Solid Momentum? Get Free Trend Analysis Here

Nokia Corporation (ADR) (NYSE:NOK) shares climbed 5.60% to $3.77. The company’s CEO, Steven Elop, this week outlined what is being described as a coherent vision and strategy for addressing the challenges in connecting the next billion users in this morning’s keynote session at MWC 2013.

Additionally, the company announced that Nokia Life, one of the most popular mobile services for high growth markets, will launch in Kenya, one of Africa’s largest economies.

Is NOK Buy After The Recent Price Movement? Find Out Here

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