Orlando, FL -- (SBWIRE) -- 10/23/2013 -- 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 Alcatel Lucent SA (ADR) (NYSE:ALU), Cell Therapeutics Inc (NASDAQ:CTIC).
Alcatel Lucent SA (ADR) (NYSE:ALU) shares fell 0.56% to $3.58. The company on Oct. 17 said it is close to winning a contract from a major domestic telecom operator, a source familiar with the matter said. The deal, involving "small cells" that improve mobile coverage, will likely be welcome news after the restructuring plans, which include 900 job cuts in France, were criticized by a government battling record levels of unemployment.
Additionally, the company on Oct. 7 will slash 15,000 jobs, people familiar with the matter said, the latest step in the telecommunications-equipment maker’s plan to reshape itself as a smaller company focused on a handful of core businesses.
Are investors worried about the recent updates with ALU? Find out with a free trend analysis HERE
Cell Therapeutics Inc (NASDAQ:CTIC) shares gained 3.87% to $1.88. The company on Oct. 21 announced the presentation of findings from a preclinical study of PIXUVRI® (pixantrone) that suggest its mechanism of inducing tumor cell death is novel and distinct from that of anthracyclines such as doxorubicin. PIXUVRI is a first-in-class aza-anthracenedione with unique structural and physiochemical properties that is currently approved in the European Union for use as a monotherapy for the treatment of adult patients with multiply relapsed or refractory aggressive B-cell non-Hodgkin lymphoma. The study results were presented by Neil Beeharry, Ph.D., at the Fox Chase Cancer Center during a poster session at the AACR-NCI-EORTC International Conference on Molecular Targets and Cancer Therapeutics held October 19-23, 2013 in Boston, MA.
Is CTIC going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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