Beacon Equity Research announces the release of Stock Alerts covering industry leaders: Intel Corp. (Nasdaq: INTC), Insmed Inc. (Nasdaq: INSM), General Dynamics Corp. (NYSE: GD), ZymoGenetics Inc. (Nasdaq: ZGEN), YRC Worldwide Inc. (Nasdaq: YRCW) and Lear Corp. (NYSE: LEA).
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 Intel saying it will appeal fine for anticompetitive behavior:
“Shares of Intel Corp. (INTC) rose 1.85% this morning, trading at $15.41. The semiconductor chip maker recently said it will appeal to the EU courts after being fined EUR1.06 billion for anticompetitive behavior by a European Comission. Also, the company was ordered to cease and desist some sales practices, but refused to say what those were. …’We completely disagree,’ said Intel general counsel Bruce Sewell in a statement to Dow Jones Newswires. … The European Commission says Intel broke EU competition law by exploiting its dominant position with a deliberate strategy to keep AMD out of the market that limited customer choice. According to the Commission, Intel is giving rebates to HP, Dell, Acer, Lenovo and NEC for buying their x86 processing units, while paying them to stop or delay launches of AMD-based computers.”
The Stock Alert author also featured Insmed’s financial results for the first quarter of 2009:
“Insmed Inc. (INSM) shares climbed .78% to trade at $1.29 this morning. Insmed, a development stage company, engages in the development of recombinant protein drug. The Richmond biopharmaceutical company recently released its financial results for the first quarter 2009, ended 31 March. … Net income for the quarter came in at $117.8 million, or 96 cents per share, compared to a net loss of $4.9 million, or 4 cents per share, for the first quarter of 2008. Total revenues for the first quarter of 2009 were $2.4 million, unchanged from the same period of last year. … On March 31, 2009, the company completed the sale of its follow-on biologics assets to Merck & Co.”
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