Friday, August 31, 2012

Nokia Corporation Breaks 3-Day losing Streaks (NOK, CUR, CRME, TC, NAV)

Nokia Corporation (ADR) (NYSE:NOK) shares climbed 3.27% to $2.84 after Amazon.com said it has teamed up with Nokia to provide mapping services for its new Kindle Fire. Amazon will also add location capabilities to the new Kindle Fire, which needs either a GPS chip or a process known as WiFi triangulation.

Can NOK Move Back To $3? Find Out Here

Neuralstem, Inc. (NYSEAMEX:CUR) stock surged 12.59% to $0.617. The company on August 27, announced the completion of the Phase I trial of its NSI-566 spinal cord neural stem cells for the treatment of amyotrophic lateral sclerosis (ALS or Lou Gehrig's disease), with the eighteenth patient treated. This patient, the third to return to the trial for an additional set of injections, is also the last in the Phase I portion of the trial as it is currently designed, which is scheduled to conclude six months after this final surgery.

CARDIOME PHARMA CORP (NASDAQ:CRME) shares climbed 10.17% to $0.331 in the early hour on no official news. The 52 week trading range for the company is $0.29 - $3.93. The shares of the company plunged 90% in the last one year. The company is a research-based biopharmaceutical company. The Company is focused on the discovery, development and commercialization of new therapies.

Will CRME Continue To Move Higher? Find Out Here

Thompson Creek Metals Company Inc (USA) (NYSE:TC) stock gained 8.37% to $2.72 after the shares of the company was upgraded by equities research analysts at Dahlman Rose from a “hold” rating to a “buy” rating in a research note issued to investors today. The firm currently has a $4.00 price target on the stock.

Navistar International Corp (NYSE:NAV) shares gained 8.43% to $23.28 in the morning hour after Navistar shares had its price target lowered by JPMorgan Chase from $30.00 to $27.00 in a research report released on Friday morning. JPMorgan Chase currently has a neutral rating on the stock.

Additionally, the company said it expects to incur $40 million to $60 million of restructuring charges related to its recently announced workforce reduction program. Additionally, the company said that it was offering the majority of its U.S.-based non-represented salaried employees the opportunity to apply for a voluntary separation program. Employees who applied and are accepted in the program will receive enhanced exit benefits.

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