Orlando, FL -- (SBWIRE) -- 10/31/2013 -- 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 Amarin Corporation plc (ADR)(NASDAQ:AMRN), Suntech Power Holdings Co., Ltd. (ADR)(NYSE:STP), ParkerVision, Inc. (NASDAQ:PRKR).
Amarin Corporation plc (ADR)(NASDAQ:AMRN) shares fell 13.60% and closed at $1.81. The company on Oct. 22 announced plans to reduce operating expenses by eliminating approximately fifty percent of its staff positions worldwide following the recent recommendation of the U.S. Food and Drug Administration (FDA) Endocrinologic and Metabolic Drugs Advisory Committee against the potential Vascepa(R) (icosapent ethyl) label expansion.
Amarin will continue its dialogue with FDA regarding the ANCHOR data. Given the outcome of the advisory committee meeting, Amarin feels this shift in staffing is the appropriate corporate action. Amarin is grateful to all employees for their significant efforts and contributions to the organization.
Are investors worried about the recent updates with AMRN? Find out with a free trend analysis HERE
Suntech Power Holdings Co., Ltd. (ADR)(NYSE:STP) shares gained 10.24% to $1.40. The company on Oct. 30 announced it has received an investment letter of intent from Wuxi Guolian Development (Group) Co., Ltd. ("Guolian") to make an equity investment into the Company of not less than US$150,000,000 in cash in connection with supporting a comprehensive rehabilitation and restructuring of the financial and operational affairs of the Company. In addition, it is intended that Guolian would, upon satisfactory terms and conditions, cause related solar and other businesses it owns to be injected into the Company and/or enter into joint venture or similar arrangements with the Company to take advantage of the Company's global platform, distribution networks, and other synergies.
Is STP going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
ParkerVision, Inc. (NASDAQ:PRKR) stock dropped 9.25% to $2.55. The company on Oct. 23 announced that trading of its common stock was halted at Noon Eastern Time in anticipation of a jury verdict in the second phase of ParkerVision's patent infringement trial against Qualcomm Incorporated in the U.S. District Court for the Middle District of Florida. However, the jury ceased deliberations without reaching a verdict today and will resume deliberations at 9:00 a.m. eastern time tomorrow.
Is PRKR going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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