DALLAS, Texas 5/5/2009 10:32:15 PM
News / Finance

Stock Alerts on Market Movers: STSI, KRY, CROX, AA, TSM, LMDIA

Beacon Equity Research announces the release of Stock Alerts covering market movers:  Star Scientific Inc. (Nasdaq: STSI), Crystallex International Corp. (AMEX: KRY), CROCS Inc. (Nasdaq: CROX), Alcoa Inc. (NYSE: AA), Taiwan Semiconductor ADS (NYSE: TSM) and Liberty Media Corp. (Nasdaq: LMDIA).

 

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 Star Scientific patent-infringement case trial beginning May 18:

 

Star Scientific Inc. (STIS) shares climbed .96% this morning, moving to 44.19. The company, together with its subsidiaries, engages in the development, implementation and licensing of tobacco curing technology that prevents the formation of carcinogenic toxins present in tobacco and tobacco smoke, primarily the tobacco-specific nitrosamines (TSNAs). A patent-infringement case trial between the second-largest U.S. cigarette maker R.J. Reynolds Tobacco and Star Scientific is scheduled to begin May 18. … On May 23, 2001, Star filed suit against R.J. Reynolds Tobacco, accusing it of using and selling tobacco made by a process that infringed on Star's patent. R.J. Reynolds denied the charge and also questioned the merit of the patent.

 

The Stock Alert author also featured Rusoro Mining efforts to reach agreements with Crystallex International:

Crystallex International Corp. (KRY) shares surged 9.30% this morning, trading at 36 cents. Together with its subsidiaries, Crystallex engages in the exploration, development, mining, production and processing of gold in Venezuela. Crystallex owns interests in the Las Cristinas project comprising proven and probable reserves of approximately 16.86 million ounces of gold, located in Sifontes Municipality in Bolivar State, Venezuela. It also has interests in Tomi operations, the Lo Increible properties and the Revemin mill located in Bolivar State, Venezuela. … According to a report by El Diario de Guayana's Isidro Casanova, a mining group in the south of Bolivar State has been working with Rusoro Mining in efforts to reach agreements with Crystallex International (formally the operator of the Las Cristinas project) and the Venezuelan Guayana Corp. (CVG) which originally awarded the operating contract to Crystallex. … ‘Local communities are in anticipation of an early resolution to a long-standing impasse on mining in the region that will mean employment for thousands of unemployed gold miners who are otherwise forced to engaged in illegal mining operations to be able to feed themselves and their families,’ the report says.


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Source: BeaconEquity.com

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