Keep a close eye on Cimarex Energy Co.(XEC). Check this out:
XEC's stock was upgraded from Hold to Buy and price target of $120 by brokerage firm Stifel. XEC shares climbed $1.86 (or +1.87%), closing at $101.24 on Friday.
XEC recently reported its financial results. For the third quarter 2013, XEC posted net income of $138.4 million, or $1.59 per diluted share, compared to $84.3 million, or $0.97 per diluted share in the same period the prior year.
Shares of Pretium Resources Inc.(PVG) skyrocketed after the company reported that 4,215 ounces of gold have been produced from 8,090 dry tonnes of excavated material from the Valley of the Kings Bulk Sample Program. Approximately 1,815 wet tonnes remain to be processed.
The results to date surpass the target of 4,000 ounces of gold projected to be produced from the entire 10,000 tonnes of material excavated for the Program.
Looking to deliver value for its stockholders in both the near and long term, Crown Equity Holdings Inc.(CRWE) is refocusing its strategic plan to improve the potential future growth for the company, targeting the multi-billion dollar online video-sharing and online b2b markets, with its Division CRWETube ( www.crwetube.com
) and its iB2B Global project, respectively.
The price of Biogen Idec Inc.(BIIB) stock soared after the company reported that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency has determined that dimethyl fumarate in TECFIDERA qualifies as a new active substance.
The CHMPís determination will now be referred to the European Commission, which grants marketing authorization for medicines in the EU.
TECFIDERA, an oral therapy for relapsing forms of multiple sclerosis, is currently approved in the United States, Canada and Australia, and is under review by regulatory authorities in the European Union.
If approved, TECFIDERA will mark the fourth therapy that BIIB offers to people living with multiple sclerosis in the European Union.
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