Sizzling Movers: Arena Pharmaceuticals, AstraZeneca plc, Google Inc


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NASDAQ:ARNA / NASDAQ:GOOG
03/22/2013 [ACCESSWIRE]

NEW YORK, March 22, 2013 -Bestdarnpennystocks.com, one of the leaders in providing investment alerts on U.S. stocks are announcing Investment Highlights on Arena Pharmaceuticals, AstraZeneca plc, Google Inc.

Arena Pharmaceuticals, Inc.(NASDAQ:ARNA) shares gained 4.83% to $8.28. The company, on Mar. 4, said it lost $21.3 million in the fourth quarter, compared to $23.7 million of 2011. Total interest and other expense in
the fourth quarter of 2012 decreased to $1.0 million, compared to $5.4 million in the fourth quarter of 2011.

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Total interest and other expense in the full year ended December 31, 2012, increased to $28.4 million, compared to $26.4 million in full year ended December 31, 2011.

AstraZeneca plc (ADR)(NYSE:AZN) shares gained 3.13% to $49.45. The company, on Mar. 21, announced a restructuring of its SG&A activities that will result in a global reduction in headcount of approximately 2,300. The majority of this headcount impact is related to programs under way or already communicated to affected employees.

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The Company is combining this SG&A restructuring with two previously announced programs. These comprise the headcount reduction of 1,600 related to the proposed Research & Development footprint changes announced on March 18, 2013, and the balance of the Phase 3 restructuring program announced in February 2012, which amounts to 1,150 roles.

Android and Chrome may join hands in the future. After Google Inc(NASDAQ:GOOG) replaced Android chief Andy Rubin with Sundar Pichai of the Chrome group, analysts and pundits alike said. But, Google’s Executive Chairman Eric Schmidt stops this rumor by saying that Android and Chrome will remain separate. Android and Chrome could be together in some of the features but they will not merge.

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Not only Google, there are many companies who are looking towards to tie in their mobile product with their desktop operating system. Over the past few years, iOS and OS X have started sharing services like Notes,
Reminders and music using iCloud. Google could build some identical using chrome, Android and Google’s cloud services like Drive and the newly announced Keep. Let’s see what Google build into Android in the coming years under the leadership of Pichai.

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