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
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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
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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?
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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
settlement.
Could ANR Rally Further After The Robust Earnings? Get Free
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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
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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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