Boston, MA -- (SBWIRE) -- 09/06/2013 -- At winstonsmallcap.com we focus on undervalued companies trading under $5. Right now the markets are surging and we are seeing an opportunity in micro-cap companies like we have never seen before. Let have a Look on: (Alpha Natural Resources, Inc. (NYSE:ANR), Hecla Mining Company(NYSE:HL), VIVUS, Inc.(NASDAQ:VVUS), Ruckus Wireless Inc (NYSE:RKUS)
Alpha Natural Resources, Inc. (NYSE:ANR) shares increased 0.94% to $6.43. The company on August 28 announced topline results from the ongoing phase 2 of SGI-110 in patients with AML and MDS. The Phase 2 study is a randomized study of SGI-110 given either as 60 or 90 mg/m2 daily for 5 days in a 28-day course. As of end of June data cutoff, 67 AML patients had a minimum follow up of 3 months (50 patients representing the complete cohort of relapsed/refractory AML, and 17 patients in the treatment-naive elderly AML not suitable for induction chemotherapy cohort).
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Hecla Mining Company(NYSE:HL) shares increased 0.60% to $3.37. The company will begin trading ex-dividend on August 22, 2013. A cash dividend payment of $0.0025 per share is scheduled to be paid on September 03, 2013. Shareholders who purchased HL stock prior to the ex-dividend date are eligible for the cash dividend payment.
Additionally, the company’s CEO and President, Mr. Phillips S. Baker, Jr., will speak at the Bank of America Merrill Lynch 19th Annual Canada Mining Conference in Toronto on Thursday, September 12, at 2:00 p.m. EDT. Mr. Baker will present an overview of Hecla's second quarter 2013 operating results and the Company's outlook for the remainder of 2013.
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VIVUS, Inc.(NASDAQ:VVUS) shares gained 0.70% to $10.92. The company on Sept. 4 said new Chief Executive Officer Tony Zook has resigned because of health reasons. Seth H. Z. Fischer, formerly with Johnson & Johnson (JNJ), will replace Zook immediately, the Mountain View, California-based company said today in a statement. Vivus cited “recurring issues associated with a previously diagnosed medical condition” for Zook’s departure.
Additionally, the company on August 6 provided a business update and reported its financial results for the second quarter and six months ended June 30, 2013. Net product revenue from sales of Qsymia in the first half of 2013 was $9.6 million. For the six months ended June 30, 2013, we reported a net loss of $109.1 million, or $1.08 net loss per share, as compared to a net loss of $42.8 million, or $0.45 net loss per share during the first half of 2012.
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Ruckus Wireless Inc (NYSE:RKUS) shares jumped 0.60% to $15.13. The company announced today that Selina Lo, president and CEO, and Seamus Hennessy, chief financial officer, will be presenting at the Deutsche Bank's dbAccess Technology Conference in Las Vegas, NV on Wednesday, September 11, 2013.
Additionally, the company on July 31 announced financial results for its second quarter of 2013 ended June 30, 2013. Revenue for the second quarter of 2013 was $63.9 million, an increase of 30.6% from the second quarter of 2012. GAAP net income for the second quarter of 2013 was $0.7 million, compared with GAAP net income of $20.6 million in the second quarter of 2012. Non-GAAP net income for the second quarter of 2013 was $4.7 million.
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