New York, January 08, 2014 / Accesswire / - Market Buzz Report, which provides live alerts on penny stocks, issues critical stocks analysis for Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA), Qihoo 360 Technology Co Ltd (NYSE:QIHU), Twitter Inc (NYSE:TWTR), Facebook Inc (NASDAQ:FB).
Ariad Pharmaceuticals, Inc.(NASDAQ:ARIA) shares declined 3.12% to $6.50. The company announced that it will present at the 32nd Annual J.P. Morgan Healthcare Conference being held in San Francisco. Harvey J. Berger, M.D., chairman and chief executive officer, will provide an overview of the Company’s business on Tuesday, January 14 at 3:00 p.m. (PT).
Additionally, the company on Dec. 20 announced that the U.S. Food and Drug Administration (FDA) has approved revised U.S. Prescribing Information (USPI) and a Risk Evaluation and Mitigation Strategy (REMS) for Iclusig® (ponatinib) that allows immediate resumption of its marketing and commercial distribution. The USPI includes a revised indication statement and boxed warning, updated safety information and recommendations regarding dosing considerations for prescribers.
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Qihoo 360 Technology Co Ltd (NYSE:QIHU) shares gained 7.44% to $87.52. The company on Jan. 7 announced the appointment of Dr. John Liu as Chief Business Officer, effective immediately.
Before joining the Company, Dr. Liu served as the Corporate Vice President and Head of Greater China at Google Inc. since January 2008, where he was responsible for business development and operations in Greater China. From 2002 to 2007, Dr. Liu was the CEO of China Operations at SK Telecom. Prior to that, Dr. Liu held various senior management positions in a number of tech and telecom companies. Dr. Liu received his B.S. degree from Beijing Normal University and earned his Ph.D from Technical University of Denmark.
Free Urgent Insider Catalyst Report For QIHU Available Here: http://marketbuzzreport.com/index.php?code=QIHU (Or Copy and paste the URL into your browser)
Twitter Inc (NYSE:TWTR) shares dropped 1.01% to $60.84. TWTR's stock was downgraded by research firm Cantor Fitzgerald who cut its rating on the stock to Sell. Twitter's valuation is "excessive," Cantor analyst Youssef Squali wrote in a note to investors earlier on Jan. 8. At current levels, the stock is much more likely to drop than rise, the analyst believes.
Additionally, on Dec. 16, Bob Peck from SunTrust downgraded shares of Twitter from Buy to Hold also as a valuation call and has had a $50 price target since before the shares went public. He wrote “We are lowering our rating on Twitter to Hold from Buy, as the stock has surpassed our year end 2014 $50 target by ~20%.
Free Urgent Insider Catalyst Report For TWTR Available Here: http://marketbuzzreport.com/index.php?code=TWTR (Or Copy and paste the URL into your browser)
Facebook Inc (NASDAQ:FB) shares jumped 0.48% to $58.22. The company announced that the company's fourth quarter and full year 2013 financial results will be released after market close on Wednesday, January 29, 2014. Facebook will host a conference call to discuss the results at 2 p.m. PT / 5 p.m. ET the same day.
Additionally, the company on Dec. 20 announced the pricing of its underwritten registered public offering of 70,000,000 shares of its Class A common stock at a price to the public of $55.05 per share. A total of 27,004,761 shares are being offered by Facebook, and a total of 42,995,239 shares are being offered by certain selling stockholders, including 41,350,000 shares offered by Mark Zuckerberg. Closing of the offering is expected to occur on December 26, 2013, subject to customary closing conditions.
Free Urgent Insider Catalyst Report For FB Available Here: http://marketbuzzreport.com/index.php?code=FB (Or Copy and paste the URL into your browser)
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