Stamford, CT -- (SBWIRE) -- 09/12/2013 -- High Rising Stocks provides investors with the hottest penny stock alerts on a regular basis. Our Penny Stock Newsletter 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: Theravance Inc (NASDAQ:THRX), Sears Holdings Corporation (NASDAQ:SHLD), Infoblox Inc (NYSE:BLOX), The Wendy's Company (NASDAQ:WEN)
Theravance Inc (NASDAQ:THRX) shares increased 3.95% to $40.31. The company on Sept. 10 announced that NASDAQ halted trading of Theravance common stock this morning, September 10, 2013. The Pulmonary-Allergy Drugs Advisory Committee to the U.S. Food and Drug Administration (FDA) meets today to discuss the new molecular entity New Drug Application (NDA) 203975 for umeclidinium bromide and vilanterol dry powder for inhalation (proposed trade name ANORO™ ELLIPTA™), sponsored by Glaxo Group (d/b/a GSK) for the long-term, once-daily, maintenance bronchodilator treatment of airflow obstruction in patients with chronic obstructive pulmonary disease, including chronic bronchitis and emphysema.
Should Investors Buy THRX After Yesterday’s Slump? Find Out Here
Sears Holdings Corporation (NASDAQ:SHLD) shares jumped 3.06% to $57.51. The company on August 22 reported a second quarter loss of $194 million, or $1.83 a share, compared with a year-earlier loss of $132 million, or $1.25 a share. Stripping out one-time items such as pension expense and gains on asset sales, the adjusted loss was $1.46 from $1.06. Revenue slipped 6.3%, to $8.87 billion. Sears said the decline was mainly due to the effect of having fewer Kmart and Sears full-line stores in operation.
How Should Investors Trade SHLD After The Recent Volatility? Get Free Report Here
Infoblox Inc (NYSE:BLOX) shares gained 3.50% to $44.60. The company on Sept. 5 reported it swung to a stronger-than-expected fiscal fourth-quarter profit as revenue and margins climbed.
For the quarter ended July 31, Infoblox reported a profit of $1.5 million, or three cents a share, compared with a prior-year loss of $4.3 million, or 10 cents a share. Adjusted profit grew to 14 cents from a penny a share. Total revenue jumped 40% to $63.1 million, as products and licenses sales grew 52% and the top line for services increased 26%. In May, Infoblox had projected an adjusted profit between eight cents to nine cents a share on $58 million to $59 million in revenue.
Is BLOX A Good Buy After The Recent Price Movement? Find Out Here
The Wendy's Company (NASDAQ:WEN) shares jumped 3.64% to $8.55. WEN’s stock was upgraded by investment analysts at Argus from a “hold” rating to a “buy” rating in a note issued to investors on Sept. 12. The firm currently has a $10.00 price target on the stock. Separately, analysts at Zacks reiterated an “outperform” rating on shares of WEN in a research note to investors on August 16. They now have a $9.25 price target on the stock.
Should Investors Rush To Buy WEN After The Solid Rally? Get Special Report Here
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