Orlando, FL -- (SBWIRE) -- 09/04/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Companhia Siderurgica Nacional (ADR) (NYSE:SID), Infinity Pharmaceuticals Inc. (NASDAQ:INFI).
Companhia Siderurgica Nacional (ADR) (NYSE:SID) shares gained 6.16% to $3.79. Zacks recently reiterated a Neutral recommendation on Companhia Siderurgica Nacional (SID), or CSN, a renowned Brazilian steel maker.
Additionally, the company on August 6 announces its results for the 2Q13 and 1H13. The company posted record sales of 3.1 million tonnes of steel in 1H13, 15% up year-on-year, with an emphasis on the domestic market, which absorbed 2.4 million tonnes. Second-quarter sales came to 1.6 million tonnes. Net revenue from steel totaled R$6.1 billion in 1H13, 21% higher than in 1H12 and the Company's best ever first-half performance, and R$3.1 billion in the second quarter, 7% more than in 1Q13 and also a new record.
Are investors worried about the recent updates with SID? Find out with a free trend analysis HERE
Infinity Pharmaceuticals Inc. (NASDAQ:INFI) shares climbed 6.37% to $19.69. The company on Sept. 3 said it is observing National Blood Cancer Awareness Month, joining patients, healthcare providers and patient organizations in raising public awareness of blood cancers and the need for continued research for novel treatment options. In support of patients and their loved ones, Infinity is launching the Sparks of Inspiration campaign.
Additionally, the company on August 8 reported its second quarter 2013 financial results and provided an update on its clinical pipeline. The company did not record any revenue during the second quarter of 2013. Net loss for the second quarter of 2013 was $32.6 million, or a basic and diluted loss per common share of $0.68, compared to $14.7 million, or a basic and diluted loss per common share of $0.54, for the same period in 2012.
Is INFI going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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