Critical Insider Analysis: Agenus Inc, Petroleo Brasileiro Petrobras, Plug Power Inc, J.C. Penney Companyadmin
New York, December 16, 2013 / Accesswire / – Market Buzz Report, which provides live alerts on penny stocks, issues critical stocks analysis for Agenus Inc (NASDAQ:AGEN), Plug Power Inc(NASDAQ:PLUG), Petroleo Brasileiro Petrobras SA (ADR)(NYSE:PBR), J.C. Penney Company, Inc.(NYSE:JCP).
Agenus Inc (NASDAQ:AGEN) shares climbed 21.73% to $2.97. The company on Dec. 16 announced results published from a Phase 2 study demonstrated that more than 90% of the patients treated with Prophage Series G-200 were alive at six months after surgery and 30% were alive at twelve months. Additionally, the median overall survival was approximately eleven months. This compares favorably to the expected median survival for recurrent Glioblastoma multiforme (GBM) patients of three to nine months1-7. The primary objective of this multi-center, single arm Phase 2 trial was to assess the survival rate at six months.
Free Urgent Insider Catalyst Report For AGEN Available Here: http://marketbuzzreport.com/index.php?code=AGEN%20 (Or Copy and paste the URL into your browser)
Plug Power Inc(NASDAQ:PLUG) shares fell 4.31% to $1.99. The company on Dec. 4 will host conference call and webcast during which CEO Andy Marsh will provide business update for Plug Power and the Company’s expectations for the remainder of 2013 and for 2014. Since the October 8th business update call, the Company has seen an additional 17.8M USD in bookings. Plug Power is currently in negotiations with several large customers on sales agreements to deploy turn-key GenDrive solutions at multiple distribution centers. The Company believes this will significantly impact the fourth quarter bookings, as well as provide a recurring revenue stream from product, service and hydrogen contracts.
Free Urgent Insider Catalyst Report For PLUG Available Here: http://marketbuzzreport.com/index.php?code=PLUG (Or Copy and paste the URL into your browser)
Petroleo Brasileiro Petrobras SA (ADR)(NYSE:PBR) shares increased 1.31% to $13.87. The company on Dec. 4 said the fuel-pricing policy approved by its board last week would notautomatically adjust prices in relation to international levels. Petrobras, as the company is known, on Nov. 30 raisedgasoline prices by 4 percent and diesel by 8 percent, less thanthe market expected. At the time it did not give details on a formula foradjusting prices that investors had hoped would generate morecash to finance the company’s ambitious expansion plans.
Additionally, PetroChina Co. (857), the country’s biggest oil and natural gas producer, on Nov. 13 said it will buy Petroleo Brasileiro SA (PBR)’s assets in Peru for $2.6 billion, expanding its portfolio in the region. The Beijing-based company will take over three blocks of oil and gas fields in Peru from the seller, known as Petrobras, it said in a statement to the Hong Kong stock exchange. Petrobras owns two blocks entirely and has a 46 percent stake in the third, according to the statement.
Free Urgent Insider Catalyst Report For PBR Available Here: http://marketbuzzreport.com/index.php?code=PBR (Or Copy and paste the URL into your browser)
J.C. Penney Company, Inc.(NYSE:JCP) shares jumped 0.82% to $8.63. The company on Dec. 5 says the SEC is looking into its liquidity, debt and other financial matters. The struggling retailer disclosed in a regulatory filing that it received a letter from the Securities and Exchange Commission in October requesting information on its liquidity, cash position, debt and equity financing, as well as its offering of common stock announced in September.
Additionally, the company on Dec. 3 estimated that its same-store sales climbed 10% during November, while its online sales were well ahead of year-earlier levels and were consistent with the previous month’s trend.
Free Urgent Insider Catalyst Report For JCP Available Here: http://marketbuzzreport.com/index.php?code=JCP (Or Copy and paste the URL into your browser)
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Posted: December 16th, 2013 under ACCESSWIRE.