Lakeway, NY -- (SBWIRE) -- 03/04/2013 -- ThePennyStockProfiler.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-
Illumina, Inc. (NASDAQ:ILMN) shares gained 4.17% to $52.22. The company, on Feb. 21, announced it has completed its previously announced acquisition of Verinata Health, Inc., a provider of non-invasive tests for the early identification of fetal chromosomal abnormalities. As of the close, Verinata Health became a wholly owned subsidiary of Illumina. With completion of the acquisition, Illumina now has access to Verinata`s verifi prenatal test and to the most comprehensive intellectual property portfolio in the NIPT industry
How Should Investors Trade ILMN After The Recent Price movement? Find out Here
ISIS Pharmaceuticals, Inc. (NASDAQ:ISIS) shares climbed 4.19% and closed at $15.31. For the year ended December 31, 2012, Isis had net operating loss (NOL) of $60.4 million, as compared to $61.3 million for 2011. On a GAAP basis, Isis reported a loss from operations of $26.1 million and $68.9 million for the three and twelve months ended December 31, 2012, respectively, compared to $18.6 million and $71.1 million for the same periods in 2011.
Additionally, the company, last week, announced that for fiscal 2013, it expects pro forma NOL in the mid $60 million range. Analysts were expecting the Company to report EBIT of (86.94) million for fiscal 2013.
Is ISIS a Strong Buying Opportunity After The Recent Slump? Find out Here
Sycamore Networks, Inc. (NASDAQ:SCMR) shares gained 16.85% and closed at $0.561 in the last trading session. The company, on Feb. 8, announced that, on February 7, 2013, its Board of Directors approved a special cash distribution of $1.81 per share of its common stock. The special cash distribution will be paid on February 28, 2013 to stockholders of record as of February 18, 2013. Given the amount of the special cash distribution, the Company expects that the ex-dividend date for the special cash distribution will be March 1, 2013, the day after the payment date for the special cash distribution.
Is SCMR a Pump & Dump Stroy? Let’s Find out Here
Atlantic Power Corp (NYSE:AT) stock plunged 28.59% to $7.12. The company, on Mar. 1, reported that its fourth-quarter net loss widened to $57.9 million or $0.50 per share, from $27.8 million or $0.27 per share in the same quarter last year. Analysts estimated a loss of $0.05 per share for the fourth quarter. Meanwhile, revenue for the latest quarter rose to $113.95 million from $79.15 million in the prior year.
Is AT a Strong Buying Opportunity After The Recent Gain? Find out Here
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