Big Winners (ACHN, OEH, EXEL, PHH, NPSP)
NEW YORK, November 12,2012 (MESHPRESS) – Beststocksdaily.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-
Achillion Pharmaceuticals, Inc.(NASDAQ:ACHN) shares jumped 7.13% to $9.01 in the last trading session. The company posted third quarter loss of $15.26 million or $0.20 per share from $10.44 million or $0.15 per share in the same quarter last year. The company recognized no revenue for the third quarter, compared to about $64,000 last year. Analysts had expected a loss of $0.17 per share on revenue of $50,000 for the third quarter.
Can ACHN Bounce Back? Find Out Here
Orient-Express Hotels Ltd.(NYSE:OEH) shares climbed 6.82% to $11.27 after the company’s board rejected Indian Hotels Co.’s roughly $1.21 billion acquisition offer, calling it “deeply unattractive from a financial perspective.” Indian Hotels, which is part of the Tata Group, and a fund controlled by Italy’s Montezemolo & Partners last month made a joint bid to acquire Orient Express Hotels for $12.63 a share.
. Can OEH Find The Bottom? Find Out Here
Exelixis, Inc.(NASDAQ:EXEL) shares climbed 6.55% to $4.88 in the previous trading session. The company posted third quarter revenues of $13.3 million, as compared to $128.3 million for the comparable period in 2011. Net (loss) income for the quarter ended September 30, 2012 was ($32.8) million, or ($0.20) per share, compared to $77.9 million, or $0.60 per share, basic, for the comparable period in 2011.
Looking forward, the company announced that it continues to expects fiscal 2012 revenues in the range of $40.0 million to $60.0 million. Analysts on an average are expecting the Company to report revenue of $45.7 million for fiscal 2012.
Can EXEL Find The Bottom? Find Out Here
PHH Corporation(NYSE:PHH) shares increased 6.44% to $20.48 after the company reported third-quarter net loss of $42 million or $0.74 per share, as compared to $148 million or $2.62 per share in the year ago quarter. Core earnings per share declined to $0.74 from $1.14 in the year ago quarter. Net revenues for the quarter rose to $624 million from $384 million in the prior year quarter. Analysts expected the company to report earnings of $0.70 per share on revenues of $680.73 million for the quarter.
Can PHH Bounce Back? Find Out Here
NPS Pharmaceuticals, Inc.(NASDAQ:NPSP) shares gained 6.40% to $9.48 in the last trading session after the company reported ($0.04) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.16) by $0.12. The company had revenue of $27.02 million for the quarter, compared to the consensus estimate of $28.18 million.
Can NPSP Find The Bottom? Find Out Here
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