Beacon Equity Research announces the release of Stock Alerts covering stocks making Tuesday’s headlines: GlaxoSmithKline plc (NYSE: GSK), Walgreen Co. (NYSE: WAG), Genzyme Corp. (Nasdaq: GENZ) and Stillwater Mining Co. (NYSE: SWC).
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 GlaxoSmithKline’s alliance with Concert Pharmaceuticals to develop and commercialize deuterium-containing medicines:
“GlaxoSmithKline plc (NYSE: GSK) shares slipped .61% this morning, trading at $34.04. The UK-based pharmaceutical, biological and healthcare company recently announced it formed an alliance with Concert Pharmaceuticals to develop and commercialize deuterium-containing medicines. … Deuterium is a safe, non-radioactive relative of hydrogen that can be isolated from sea water and has been used extensively in human metabolic and clinical studies … Through this deal, Glaxo will gain the rights to Concert’s three research and development programs, namely, CTP-518, a protease inhibitor for the treatment of HIV expected to enter phase I clinical trials in the second half of 2009; a preclinical compound for chronic renal disease; and a third research product in Concert’s pipeline.”
The Stock Alert author also featured Walgreen’s same-store sales up 1% for May:
“Walgreen Co. (NYSE: WAG) shares rose 1.35% at noon today, trading at $31.56. The Deerfield, Ill.-based drugstore operator recently reported its same-store sales, a key indicator of retailer performance since they measure growth at existing stores rather than newly opened ones, rose by 1% in May. Meanwhile, total sales rose 6.1% in the period to $5.4 billion. … In its report, Walgreen stated its same-store sales were pushed by pharmacy sales, which accounted for 65% of its total sales. … May total pharmacy sales was up 6.3%, while same-store pharmacy sales rose 1.5%, despite the generic drug introductions in the past year which negatively impacted its comparable pharmacy sales by 4.5 percentage points.”
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Beacon Equity Research
Jeff Bishop, (469)-252-3505
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