Orlando, FL -- (SBWIRE) -- 09/03/2013 -- 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 Pfizer Inc.(NYSE:PFE), Vale SA (ADR)(NYSE:VALE).
Pfizer Inc.(NYSE:PFE) shares gained 0.39% to $28.21. Bristol-Myers Squibb Company (BMY) and Pfizer Inc. (PFE) on August 31 announced results of a post-hoc subanalysis from the Phase III ARISTOTLE trial. Patients with nonvalvular atrial fibrillation (NVAF) who are anticoagulated to reduce the risk of stroke often undergo procedures for which temporary discontinuation of the anticoagulant prior to and following the procedure is sometimes warranted.
Additionally, the company on August 29 announced the completion of pneumonia case accrual in the Community-Acquired Pneumonia Immunization Trial in Adults (CAPiTA) 65 years of age and older. CAPiTA, the largest trial of its kind, was designed to evaluate whether Prevenar 13* (Pneumococcal polysaccharide conjugate vaccine [13-valent, adsorbed]) is effective in preventing community-acquired pneumonia (CAP) caused by the 13 pneumococcal serotypes included in the vaccine.
Are investors worried about the recent updates with PFE? Find out with a free trend analysis HERE
Vale SA (ADR)(NYSE:VALE) shares fell 0.41% and closed at $14.41. The company on August 7 said its net profit plunged in the second quarter as a sharp depreciation in the local currency bludgeoned its financial results while softening commodities prices weighed on cash flow.
The company’s net profit sank 84% in the April-to-June period from a year earlier, to $424 million, falling well short of expectations. Analysts had expected the firm to post $2.68 billion in net profit.
The company received an average of $99.21 per ton of iron ore in the second quarter, down 11% from the first three months of the year. The drop reflected a broader trend in the seaborne iron-ore market, which hit a trough in late May as slower-than-expected economic growth in China led steel producers there to draw from stocks.
Is VALE going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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