Top Active Companies to Watch: Crown Marketing, Herbalife, Novogen, GNC,
Pfizer and Infinity Pharmaceuticals
CORAL SPRINGS, Florida, February 20, 2013
CORAL SPRINGS, Florida, February 20, 2013 /PRNewswire/ --
FinancialNewsMedia.com reports on active HealthCare Companies to watch today:
Crown Marketing, Herbalife Ltd. (NYSE: HLF ), Novogen Ltd. (NASDAQ: NVGN ),
GNC Holdings, Inc. (NYSE: GNC ), Pfizer Inc. (NYSE: PFE ) and Infinity
Pharmaceuticals, Inc. (NASDAQ: INFI ).
Crown Marketing, currently trading on the OTCQB market, traded over 880,000
shares yesterday, exceeding its average daily volume. To see the latest news
and charts for Crown, please go to
http://www.marketwatch.com/investing/stock/cwnm . News issued this morning
from Crown Marketing was the company announced that patents for its Controlled
Drug Delivery Technology (CDDT) have been approved and registered in Mexico.
Mexico's pharmaceutical industry faces unique challenges. According to an
American Enterprise Institute study, Mexico's$15.5 billion market is plagued
by counterfeit goods. Illicit activity in Mexico's pharmaceutical industry is
estimated at roughly USD 1.9 billion per year-with counterfeiting representing
81 percent of that illicit market. This is a situation where CWNM believes
its unique technology could have a significant impact. For more details
regarding Crown's CDDT applications, go to http://crowncddt.com/technology/
To read all the latest headlines for Crown, go to
Herbalife Ltd. (NYSE: HLF ) reported late yesterday the company's fourth
quarter net sales of $1.1 billion, reflecting an increase of 20 percent
compared to the same time period in 2011 on volume point growth of 18 percent.
Net income for the quarter of $117.8 million, or $1.05 per diluted share,
compares to 2011 fourth quarter net income of $105.4 million and EPS of $0.86,
respectively. Herbalife shares soared yesterday in trading after documents
revealed corporate raider Carl Icahn's huge stake in the Los Angeles-based
maker of nutritional foods and supplements. Shortly after the opening bell
on Wall Street yesterday, Herbalife shares added $4.72, or 12.3%, to $42.99,
closing at $39.74.
Novogen Ltd. (NASDAQ: NVGN ) experience heavy trading in the markets yesterday
closing up over 200% on 2.29Million shares traded. Novogen uses a virtual
model in its approach to drug discovery and development. The new lean
corporate structure focuses on its human capital in-place of expensive
facilities and equipment that can be outsourced. The drug discovery strategies
and plans are created in-house then executed by a number of leading external
research organizations. This affords Novogen immediate access to cutting edge
facilities, skills, equipment and scale-up processes. This strategy drives
efficiencies over the drug discovery/development continuum.
GNC Holdings, Inc. (NYSE: GNC ), hit a new 52-week high Tuesday as it is
closed at $42.19, above its previous 52-week high with over 3.9 million shares
traded as of the close. Average volume has been two million shares over the
past 30 days. GNC, the nation's largest specialty retailer of health and
wellness products, announced yesterday that its employees and customers
donated a total of $3.1 million during these past few months to support the
St. Jude Children's Research Hospital Thanks and Giving campaign. The
campaign, now in its ninth year, builds awareness of and raises funds for the
lifesaving research and treatment done at St. Jude to help children fighting
cancer and other deadly diseases.
Pfizer Inc. (NYSE: PFE ), a biopharmaceutical company, engages in the
discovery, development, manufacture, and sale of medicines for people and
animals worldwide. Pfizer pushed the pharma industry higher in trading
yesterday making a featured drugs winner for the day. By the end of trading,
Pfizer rose 42 cents (1.5%) to $27.71 on average volume. Throughout the day,
28.4 million shares of Pfizer exchanged hands as compared to its average daily
volume of 32.5 million shares. The stock ranged in a price between
$27.38-$27.71 after having opened the day at $27.40 as compared to Friday's
trading day's close of $27.29.
Infinity Pharmaceuticals, Inc. (NASDAQ: INFI ) is an innovative drug discovery
and development company seeking to discover, develop and deliver to patients
best-in-class medicines for diseases with significant unmet need. Infinity
combines proven scientific expertise with a passion for developing novel small
molecule drugs that target emerging disease pathways. Infinity
Pharmaceuticals' shares spiked 16 percent Tuesday after Morgan Stanley issued
a bullish assessment of the Cambridge-based company's prospects and pricing
potential. As of Tuesday, Morgan Stanley was promoting an "Overweight"
recommendation to investors in Infinity stock while also assigning the company
a $47 price-per-share target. Infinity (Nasdaq: INFI) saw its stock rise to
$41.48 a share yesterday before closing at $41.10
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