Stocks Of The Day: Alpha Natural Resources, Apple Inc, Ariad Pharmaceuticals, Verizon Communicationsadmin
By PrimeTimeMedia LLC New York, December 09, 2013 /Accesswire/ – Market Buzz Report, a leading penny stock newsletters provider, issues major news alert for Just In: Alpha Natural Resources, Inc. (NYSE:ANR), Apple Inc.(NASDAQ:AAPL), Ariad Pharmaceuticals, Inc.(NASDAQ:ARIA), Verizon Communications Inc.(NYSE:VZ)
Alpha Natural Resources, Inc.(NYSE:ANR) jumps higher at the
open after agreeing to sell its 50% interest in its shale joint venture to Rice
Energy for $300M; ANR and Rice formed the venture in 2010 to develop a portion
of ANR’s Marcellus natural gas holdings in Pennsylvania. Rice Energy plans an
IPO that could value the company at up to $2.5B; of the $300M received by ANR
in the Marcellus deal, $200M will be in the form of Rice common stock at the
company’s IPO price.
Free Urgent Insider Catalyst Report For ANR Available Here: http://marketbuzzreport.com/index.php?code=ANR (Or Copy and paste the URL into your browser)
Apple Inc.(NASDAQ:AAPL): An ad on China Mobile’s (CHL) site suggests the world’s biggest carrier will begin taking pre-orders for the iPhone 5S (AAPL) on Thursday, as well as for 4G phones from Samsung and Sony. A company rep confirms 4G pre-orders will start on Thursday, and that services will launch on Dec. 18 (the day of CHL’s 4G partner event).CHL had previously said it was still negotiating with Apple regarding iPhone sales. Analysts have estimated a deal could boost Apple’s 2014 EPS by $2-$4 (or perhaps ~5-10%), as they balance CHL’s enormous customer base and sales reach with its relatively low ARPUs and surging Chinese demand for cheaper/larger smartphones. Separately, Gene Munster reports U.S. iPhone 5S supply has finally caught up with demand: Checks at 60 U.S. Apple Stores found all of them were carrying each model of the device. Munster’s late November survey had found 90% of SKUs in stock.
Free Urgent Insider Catalyst Report For AAPL Available Here: http://marketbuzzreport.com/index.php?code=AAPL (Or Copy and paste the URL into your browser)
Jefferies hikes its price target on Ariad Pharmaceuticals, Inc.(NASDAQ:ARIA) to $4 from $2.50. Hold rating reiterated.”Although timing of FDA’s decision to return Iclusig to market remains uncertain, physicians expect a new label to be broader than just T315iM pts,” analyst Eun Yang says. See also: Poster presentation (from ASH) on efficacy and safety of Iclusig following failure of nilotinib in CP-CMLIn other.
Free Urgent Insider Catalyst Report For ARIA Available Here: http://marketbuzzreport.com/index.php?code=ARIA (Or Copy and paste the URL into your browser)
Verizon Communications Inc.(NYSE:VZ) confirms it’s acquiring CDN owner EdgeCast Networks. No price tag is given, but TechCrunch reported over the weekend Verizon is paying $350M+. The companies hope to close the deal in early 2014. (PR)Akamai (AKAM) investors aren’t responding well to the news; shares -2.5% premarket. The deal could both strengthen an Akamai rival, and end Verizon’s partnership with the CDN market leader. Verizon notes EdgeCast has 6K+ customers, and says the business complements that of TV Everywhere uploading/encoding service provider upLynk (acquired earlier this year).Separately, at a UBS conference talk (webcast), Verizon predicts its $130B purchase of Vodafone’s Verizon Wireless stake (financed using both debt and equity) will boost EPS by 10%.
Free Urgent Insider Catalyst Report For VZ Available Here: http://marketbuzzreport.com/index.php?code=VZ (Or Copy and paste the URL into your browser)
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Posted: December 9th, 2013 under ACCESSWIRE.