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  • (ARNA) Initiated With A Buy, (ICLD, FONR) Strong Performance On Financial Results 0 comments
    Nov 15, 2013 8:12 PM | about stocks: ICLD, ARNA, FONR

    http://static.cdn-seekingalpha.com/uploads/2012/11/7/saupload_arna.jpg Arena Pharmaceuticals, Inc. (NASDAQ:ARNA)

    ARNA was initiated with a Buy and price target of $9.00 by brokerage firm WallachBeth.

    ARNA closed at $5.46, up $0.35 (or +6.83%) .

    http://static.cdn-seekingalpha.com/uploads/2013/11/15/saupload_arna_chart3.png

    ARNA is a biopharmaceutical company focused on discovering, developing and commercializing novel-drugs that target G protein-coupled receptors, or GPCRs, to address unmet medical needs.

    More about Arena Pharmaceuticals, Inc. (ARNA) at www.arenapharm.com.

    **

    http://static.cdn-seekingalpha.com/uploads/2013/11/15/saupload_icld.jpg InterCloud Systems, Inc. (NASDAQ:ICLD)

    ICLD jumped $6.91 (or +270.97%) to $9.46 on Friday, after the company reported strong performance in revenue on its financial results

    For the third quarter 2013, ICLD posted revenue of $16.2 million, an increase of 448% year over year, gross profit of $5.5 million, compared to $1.2 million in the same period the prior year, and net income of $1.3 million, or $0.26 basic earnings per share, and $0.12 diluted earnings per share, compared to a net loss of $0.8 million, or ($2.16) per share, in the third quarter of 2012.

    http://static.cdn-seekingalpha.com/uploads/2013/11/15/saupload_icld_chart3.png

    ICLD is a global single-source provider of value-added IT and telecom solutions for both corporate enterprises and service providers.

    More about InterCloud Systems, Inc. (ICLD) at www.intercloudsys.com.

    **

    http://static.cdn-seekingalpha.com/uploads/2013/11/15/saupload_fonr1.jpg FONAR Corp. (NASDAQ:FONR)

    Shares of FONR soared $6.31 (or +59.03%) to $17.00 on Friday's trading session, after the company reported a large increase in total revenues and diluted earnings per share available for the common stockholder on its financial results, compared to one year earlier.

    On its first quarter fiscal 2014, FONR posted net revenue of $16.8 million, a 77% increase year over year, income from operations of $4.0 million, compared to $1.9 million in the same period the prior year, and diluted earnings per share available for the common stockholder of $0.37, increased 68% compared to the same period one year earlier.

    http://static.cdn-seekingalpha.com/uploads/2013/11/15/saupload_fonr_chart.png

    FONR is engaged in the design, manufacture, sale, and servicing of magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases, abnormalities, injuries, and other medical conditions

    More about FONAR Corp. (FONR) at www.fonar.com

    **

    Read Full Disclaimer at www.drstockpick.com/disclaimer

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: ICLD, ARNA, FONR
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