Active Penny Stocks in the News
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NuEarth Corporation (Pink Sheets: NUEC) reached up 11.11% in morning trading to $.10 with 1M shares traded. NuEarth Corporation (Pink Sheets: NUEC) (" NuEarth "), a manufacturer and marketer of "Clean & Green" products and technology, today announced that the company's Laboratory and Research Division "TerraSolv SA" has received final approval for Phase Three of their long term contract representing an additional $1,650,000 laboratory service contract with the Nigerian National Petroleum Corporation (NNPC) and their subsidiary the Integrated Data Services Limited (IDSL).
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Strategic Rare Earth Metals (Pink sheets: SREH) was up 20% in morning trading to $.0012 with 30M shares traded. Strategic Rare Earth is the parent company of two subsidiaries, Mobile2Earth and Scientific News International. It offers end-to-end iPhone application development services including iPhone app concept development, actual app development and app marketing and promotion. SRE CEO, Tony Dibiase, announces today that SRE subsidiary, Mobile2Earth (www.mobile2earth.com), has been approved by Apple for the Apple Developer Connection (ADC), which gives M2E access to a complete and integrated process for developing and distributing applications for iPad, iPhone, and iPod touch.
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Arena Pharmaceuticals, Inc. (Nasdaq: ARNA) was up 11.40% in morning trading to $3.42 with 5M shares traded. Arena is a clinical-stage biopharmaceutical company focused on discovering, developing and commercializing oral drugs that target G protein-coupled receptors, an important class of validated drug targets, in four major therapeutic areas: cardiovascular, central nervous system, inflammatory and metabolic diseases. Arena Pharmaceuticals, Inc. (Nasdaq: ARNA - News) today announced that Eisai Inc. will market lorcaserin for obesity and weight management in the United States following U.S. Food and Drug Administration (FDA) approval under the terms of a marketing and supply agreement between Arena Pharmaceuticals GmbH, a wholly owned subsidiary of Arena Pharmaceuticals, Inc., and Eisai. Lorcaserin, which Arena discovered and has developed for weight management, is intended for obese patients as well as overweight patients who have at least one weight-related co-morbid condition.
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