Squawk Box Stocks Reports On: Herbalife Ltd. (NYSE: HLF), Novogen Limited (NASDAQ: NVGN), SunPower Corporation (NYSE: SPWR), ...
February 20 2013 - 8:00AM
Marketwired
Herbalife Ltd. (NYSE: HLF), Novogen Limited (NASDAQ: NVGN),
SunPower Corporation (NYSE: SPWR), First Solar, Inc. (NASDAQ:
FSLR).
Herbalife Ltd. (HLF) saw shares gaining 2.58% to close at $39.74
on volume of 12,588,849 shares traded during yesterday's trading
session. After hours the company reported Q4 (Dec) earnings of
$1.05 per share, excluding non-recurring items, $0.04 better than
the Capital IQ Consensus Estimate of $1.01; revenues rose 19.8%
year/year to $1.06 bln vs the $1.04 bln consensus. Regional Volume
points increased 18% y/y to 1.210 bln (N. America +15%, Asia
Pacific +18%, EMEA +14%, Mexico +13%, South & Central America
+34%, China +17%). Will shares continue to rise following this
positive earnings announcement? Find out our thought's on Herbalife
in our exclusive report at:
http://squawkboxstocks.com/report/HLF
Novogen Limited (NVGN) was the biggest winner on the Nasdaq
yesterday seeing shares rise 209.57% or $4.38 per share to close
the day at $6.47. The company announced the results of an important
study concerning its lead experimental drug, CS-6, which has shown
potent anti-cancer activity against cancer cells representative of
a broad range of malignancies including ovarian cancer and glioma
(brain) cancer, but it was important to extend this to see whether
the drug also would be effective against cancer stem cells. Such
dual activity, unknown in all currently approved drugs and very
rare among experimental drugs, would mark CS-6 as having
significant potential as a comprehensive chemotherapy, targeting
both the minority cancer stem cell as well as the majority non-stem
cells. Will investors continue to send shares of NVGN higher on
these positive results? Find out more in our exclusive report at:
http://squawkboxstocks.com/report/NVGN
SunPower Corporation (SPWR) saw shares gain 16.94% or $1.94 per
share to close at $13.39 on volume of 16,487,192 shares traded
during yesterday's trading session. The gains appeared to come from
an analyst report published Monday from Credit Suisse analyst Satya
Kumar. Kumar detailed a possible bottoming of the market for
polysilicon, the raw material used in most photovoltaic cells. The
report says two leading producers are showing signs of cutting back
production, a key step needed for the industry to navigate out of
its current supply glut. Will this positive analyst report help
propel SPWR shares even higher this week? Find out in our exclusive
report at: http://squawkboxstocks.com/report/SPWR
First Solar, Inc. (FSLR) saw its shares gain 5.98% to close
yesterday at $36.13 on volume of 9,900,450 shares traded. The solar
company joined in on the sector wide rally after yet positive
report from GreenTechMedia Research, forecasting annual investor
financing for residential solar systems would rise to $5.7 billion
by 2016, up from $1.2 billion last year. Will shares of First
Solar, Inc. continue to rise this week? Find out our thoughts in
our exclusive report at: http://squawkboxstocks.com/report/FSLR
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