Must Watch Stock News: Arena Pharmaceuticals, Hewlett-Packard Company, Resorts
International, Alpha Natural Resources, Chevron Corporation
NEW YORK, November 4, 2013
NEW YORK, November 4, 2013 /PRNewswire/ --
Market Buzz Report, an investment community, presents Must Watch Stock News
For Arena Pharmaceuticals, Inc. (NASDAQ:ARNA), Hewlett-Packard Company
(NYSE:HPQ), MGM Resorts International(NYSE:MGM), Alpha Natural Resources,
Inc.(NYSE:ANR), Chevron Corporation (NYSE:CVX).
Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) stock declined 2.05% to $4.29. The
company on Oct. 15 reported that Eisai Inc. will increase its BELVIQ sales
force to approximately 400 representatives by December 2013, doubling the size
of the sales force from when BELVIQ became available in June 2013.
Is ARNA a Solid Buy After The Recent Bounce Back? Get The Special Trend
Analysis Herehttp://marketbuzzreport.com/index.php?code=ARNA(Or Copy and
paste the URL into your browser)
Additionally, the company announced that it will provide a corporate update
and report third quarter 2013 financial results after the NASDAQ Global Select
Market closes on Thursday, November 7, 2013. That same day, Arena will host a
conference call and webcast at 5:00 p.m. Eastern Time.
Hewlett-Packard Company (NYSE:HPQ) shares increased 3.57% to $25.24. The
company on Oct. 30 announced that Johnson Memorial Hospital has selected HP
Converged Infrastructure to deliver high-quality patient care by increasing
operational efficiencies, ensuring continuity and accelerating performance of
mission-critical healthcare applications.
Is HPQ The Best Pick In The Tech Sector? Get The Comparative Analysis
Herehttp://marketbuzzreport.com/index.php?code=HPQ(Or Copy and paste the
URL into your browser)
Additionally, HP Autonomy on Oct. 28 announced that Nikon Corporation is using
HP Autonomy web content management software to deliver customized content to
photographers visiting the Nikon Learn & Explore website for tips and tricks,
instruction, and inspiration mapped to their skill level and experience.
MGM Resorts International(NYSE:MGM)'s third-quarter loss lowered due to income
from gambling revenue as well as lower interest on debt.
What Should Be The Fair Value Of MGM After The Earnings? Let's Find Out
Herehttp://marketbuzzreport.com/index.php?code=MGM(Or Copy and paste the
URL into your browser)
For the quarter ending September, MGM Resorts International had loss of $31.9
million whereas the loss was $181.2 million a year ago. On the other hand, its
revenues climbed by 9 percent to $2.46 billion.
Alpha Natural Resources, Inc.(NYSE:ANR) came out with results for quarter
three indicating losses due to special charges and weaker coal revenue. But,
the loss was less than what was expected by Wall Street and the firm reduced
the forecast for mining costs.
The firm had a tough market to deal with during the quarter and also saw
closing down of one of its mines. The firm confirmed making progress on
settling a case pertaining to Massey stockholders. A disaster at Massey mine
three years back resulted in death of 29 coal miners. The company bought over
Massey in 2011 and is expecting insurance to cover $70 million of $265 million
Could ANR Rally Further After The Robust Earnings? Get Free Earnings Report
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URL into your browser)
The mining company had loss of $458.2 million, or $2.07 per share, for the
quarter ending in September vis-à-vis $46.1 million, or 21 cents per share, in
the previous year.
Revenue for the firm fell by 27 percent to $1.19 billion.
The company is expecting to ship 86 to 91 tons of coal in 2013 and 79 to 90
tons in 2014 whereas it has reduced expenditure goal $260-290 million from the
earlier forecast of $275 million to $325 million.
Chevron Corporation (NYSE:CVX) shares fell 2.02% to $117.51. The company on
Nov. 1 reported a surprise decline in quarterly profit, hurt by weakness in
the oil refining business, while production from wells increased for the No. 2
U.S. oil company but remained below target. Third-quarter net income fell to
$4.95 billion, or $2.57 per share, from $5.25 billion, or $2.69 per share, a
year earlier. Analysts, on average, had expected $2.71 per share, according to
Thomson Reuters I/B/E/S.
Is CVX The Best Pick In The Energy Sector? Get The Comparative Analysis
Herehttp://marketbuzzreport.com/index.php?code=CVX(Or Copy and paste the
URL into your browser)
Chevron said third-quarter profit from well output was slightly lower than
last year, while earnings from its downstream arm, which includes refineries
and chemical production, fell 45 percent to $380 million.
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