Beacon Equity Research announces the release of stock alerts covering Tuesday’s market movers: MDRNA Inc. (Nasdaq: MRNA), Navistar International Corp. (NYSE: NAV), Ceradyne Inc. (Nasdaq: CRDN), Cooper Industries Ltd. (NYSE: CBE), Royal Caribbean Cruises Ltd. (NYSE: RCL) and Daimler AG (NYSE: DAI).
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 http://www.beaconequity.com%0b/
In the stock Alert, the author highlights the FDA’s approval of MDRNA’s generic calcitonin-salmon nasal spray:
“MDRNA Inc. (MRNA) shares skyrocketed 77.27% in today’s afternoon trading, moving to $2.73. Shares of the Washington-headquartered biotechnology more than doubled on word that U.S. health regulators approved its generic calcitonin-salmon nasal spray to treat osteoporosis. In addition, partner Par Pharma has launched the product. … Par Pharma said in a statement the nasal spray is indicated for the treatment of osteoporosis in females who have low bone mass, after five years or more of menopause, relative to healthy premenopausal females. … The company reportedly developed the legacy product in the early 2000s, a copycat version of Miacalcin nasal spray that is marketed by Novartis in the United States.”
The stock Alert author also featured Navistar’s second-quarter earnings hurt by weak industry sales:
“Navistar International Corp. (NYSE: NAV) shares gained 4.67% in today’s late trading, moving to $45.05. Navistar is a holding company that operates through its principal operating subsidiaries, Navistar Inc. and Navistar Financial Corp. (NFC). … Hurt by weak industry sales in every part of the company's commercial business, NIC reported fiscal second-quarter earnings of 60 cents per shares, ex-items, missing consensus estimates of 94 cents. Revenues in the quarter fell 29% to $2.81 billion, and came in short of consensus estimates of $3.03 billion. … In its release, the company stated that second-quarter earnings were reduced by $31 million, equal to 44 cents per diluted share, from other costs related to the Ford settlement. In addition in the latest period, the company incurred research and development costs, and unanticipated costs related to warranty on products sold in prior periods, partially offset by the benefits from certain out-of-period accounting adjustments.”
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Beacon Equity Research
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