DALLAS, Texas 5/4/2009 10:55:28 PM
News / Finance

Stock Alerts on Market Movers: ALNS, SQNM, MYL, MRVL, CDNS, MGM

Beacon Equity Research announces the release of Stock Alerts covering market movers:  Alentus Corp. (Pink Sheets: ALNS), Sequenom Inc. (Nasdaq: SQNM), Mylan Inc. (Nasdaq: MYL), Marvell Technology Group Ltd. (Nasdaq: MRVL), Cadence Design systems Inc. (Nasdaq: CDNS) and MGM Mirage (NYSE: MGM).

 

The stock alert features the most recent headlines, share price and technical analysis for each covered company. The full alert, as well as other articles, market research and more can be found at BeaconEquity.com

 

In the Stock Alert, the author highlights Alentus forming VoIP partnership with MyWorkplace Online:

 

“Shares of Alentus Corp. (ALNS) surged 8.33% this morning, moving to 26 cents. Alentus is a leading provider of Web hosting, sharepoint hosting, dedicated servers and datacenter services. Its services include business-class Web site, ExchangeMail, SQL Server, MySQL and SharePoint hosting. It also provides Windows and Red Hat Linux managed services on Dell dedicated servers and Cisco dedicated firewalls, as well as Genband-based Cisco VoIP services for enterprise organizations. … The Aliso Viejo, Calif-based company recently announced a new partnership with MyWorkplace Online, a managed voice service provider, in order to enable business customers with unified Voice over Internet Protocol (VoIP) phone service. This partnership will provide SMB and enterprise customers with integrated VoIP telephone services. … According to the press release, both companies have decided to immediately begin to create solution packages that will provide incentives for customers of each company to adopt both VoIP and Web hosting services.”

 

The Stock Alert author also featured Sequenom’s prenatal Down syndrome genetic test determined unreliable, sparking lawsuits:

“Sequenom Inc. (SQNM) shares climbed 3.16% this morning, moving to $4.24. Sequenom is a diagnostic testing and genetics analysis company. … The company recently said that data for its prenatal Down syndrome genetic test was unreliable, sparking a number of class action lawsuits against the biotech company. According to the company, the launch of its SEQureDx test for Down syndrome is now delayed due to findings that employees of the company had mishandled crucial test data supporting the product’s validity. … Following the news, several firms announced lawsuit seeking class action status has been filed in the United States District Court for the Southern District of California, on behalf of those who purchased or otherwise acquired the securities of Sequenom between June 4, 2008, and April 29, 2009, inclusive (the Class Period). … Those charges are alleging that the company and certain of its officers and directors violated federal securities laws by making materially false statements concerning the clinical data and efficacy of the company's Down syndrome test under development.”


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BeaconEquity.com’s Market News is one of the fastest growing small cap blogs in the investment community. Beacon is the authority on research in the small cap sector, and our analysts strive each day to find the stocks that are poised to be the biggest movers before the rest of the market is aware of them.


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DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority.  We are neither licensed nor qualified to provide investment advice. BeaconEquity Research nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities.  We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.

 

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BeaconEquity.com is a Web site wholly owned by BlueWave Advisors, LLC. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. BeaconEquity.com is a wholly owned entity of BlueWave Advisors LLC, which has been compensated one-hundred twenty-five thousand shares of ALNS stock from WallStreet Grand, a shareholder of ALNS, as a marketing budget to manage a comprehensive investor awareness program including the creation and distribution of this report as well as other investor relations efforts.  We currently do not hold a position in ALNS. BlueWave Advisors LLC, its principal and/or its affiliates will hold positions in the company profiled and may buy or sell securities at any time without notice.

 

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Source: BeaconEquity.com

Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com