NEW YORK, November 6, 2013 /PRNewswire/ --
Market Buzz Report, a penny stock newsletter provided, issues latest updates and news on Oxygen Biotherapeutics, Inc.(NASDAQ:OXBT), Glu Mobile Inc.(NASDAQ:GLUU), Cisco Systems, Inc.(NASDAQ:CSCO), Barrick Gold Corporation (USA)(NYSE:ABX), CVS Caremark Corporation(NYSE:CVS).
Oxygen Biotherapeutics, Inc.(NASDAQ:OXBT) was the most active stock gainer in Tuesday with a gain of 62.72% to $8.38 on hefty volume of 39.61 million shares - 18X its average volume of 2.35 million shares.
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Last week, Phyxius Pharma, Inc. and Oxygen Biotherapeutics, Inc., (OXBT), today announced that researchers at the Duke Clinical Research Institute (DCRI), part of the Duke University School of Medicine, recently published findings of a meta-analysis of multiple clinical trials that evaluated the use of levosimendan in patients undergoing heart surgery.
Glu Mobile Inc.(NASDAQ:GLUU) is having operations in China since the last six years after acquisition of MIG. Even though the deal resulted in a number of financial issues, the region is now clearly important to the future of the firm.
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Glu has seen the Chinese and APAC regions as growth regions even as revenues from North America have declined. The company derives one third of its revenues from this region, more than Europe.
Glu's CEO Niccolo de Masi opined that China is already the firm's second largest market after the US.
Cisco Systems, Inc.(NASDAQ:CSCO) is rallying ahead of tomorrow's anticipated Insieme event. Insieme, an 85%-owned Cisco unit filled with star engineers, is expected to show off a networking platform featuring switches that can dynamically adapt to an application's needs, and which will deliver network and security services to said apps. It's also expected to reveal high-performance, ASIC-based, switches supporting its platform, and developer APIs for interacting with them.
Free Urgent Insider Catalyst Report For CSCO: Available Here: http://marketbuzzreport.com/index.php?code=CSCO (Or Copy and paste the URL into your browser)
Though Cisco has shied away from referring to Insieme's solution as a software-defined networking (SDN) platform, it's viewed as part of Cisco's response to the rise of SDN solutions featuring software-based controllers that can interact with commodity hardware, and which are seen as a huge threat to Cisco's high-margin switch/router sales.
Bankers still have work to do to sell all of Barrick Gold Corporation (USA)(NYSE:ABX) $3B equity offering, but insiders say there is no talk of re-pricing the deal.The banks reportedly sold a large chunk of the 163.5M-share offering last Thursday night and Friday morning, but the gold price fell on Friday and ABX shares dropped well below the $18.35 offer price; a large short position also is working against the stock.But insiders say they are optimistic the deal will sell this week; large funds are taking time to do their homework, and index funds that have to own ABX have not bought in yet, they say.
Free Urgent Insider Catalyst Report For ABX Available Here: http://marketbuzzreport.com/index.php?code=ABX (Or Copy and paste the URL into your browser)
CVS Caremark Corporation(NYSE:CVS) reports a nice jump in profits during Q3 as its pharmacy business thrived and a legal settlement factored in.Revenue in the Pharmacy Services segment rose 7.8% to $19.5B on higher claims and drug prices, while the Retail Pharmacy segment saw a 5% jump in sales to $16.3B on higher prescription volume.The company raised and narrowed its guidance for full year EPS.
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