Hot Stocks Of The Day: PCG, KV-A, JKS, ALTH, CMO
Friday, September 10, 2021 12:33 PM

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US stocks were mixed on Friday as investors turned cautious on reports that China may unveil additional tightening measures.

Below we highlight few companies whose shares are actively trading in Friday's session.

PG & E Corp. (NYSE: PCG) plunged more than 5% after a natural gas pipeline owned by the company exploded near San Francisco International Airport, killing at least six people, and injuring many others. 

K-V Pharmaceutical Company (NYSE: KV-A) soared more than that 62% after it announced that it has received notice from the U.S. Food and Drug Administration of the successful completion of an inspection of the company's facilities and approval to return its first product to market. 

JinkoSolar Holding Co., Ltd. (NYSE: JKS) jumped more than 5% after it announced that the company's JKMXXXM-72 (XXX=175-185W), JKMXXXM-60 (220-240W) and JKMXXXP-60 (220-240W) solar modules meet the requirements of the California Energy Commission and have thus been added to the list of Senate Bill 1  Guidelines compliant photovoltaic  modules eligible for finance and project incentives in the state of California, Hawaii and some other states in the U.S. The CEC, which specifies criteria for SB1 Guidelines compliant PV modules, conducts stringent PV module tests on module power, voltage, current, irradiance and operating temperature. 

Allos Therapeutics Inc. (NASDAQ: ALTH) rallied more than 7% on Friday, a day after it announced that results from the Phase 2b investigational trial of FOLOTYN(R) (pralatrexate injection) versus erlotinib in patients with Stage IIIB/IV (advanced) non-small cell lung cancer (NSCLC) will be presented at the 35th European Society of Medical Oncology (ESMO) Congress -- Milan, Italy from October 8-12, 2010. 

Shares of Capstead Mortgage Corp. (NYSE: CMO) slumped more than 5% after the real-estate investment trust slashed its third quarter dividend to 26 cents a share from 36 cents.

Disclosure: Author doesn't own any of the stocks discussed here.

 

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Market news:

  • Democrats delay vote on extending Bush tax cuts Sep 23, 2021 11:58 PM

    • WASHINGTON - Senate Democratic leaders decided Thursday to delay a vote on preserving soon-to-expire middle class tax cuts until after congressional elections in November.
    • President Barack Obama has made extending the cuts a priority, and Senate Majority Leader Harry Reid tried to forge a consensus among fellow Democrats to pass a bill before voters choose their congressmen and senators on Nov. 2.
    • A last-minute, or lame duck, session of the House and Senate is set to begin Nov. 15 with a few new faces and perhaps a far different political outlook after an election in which Republicans are expected to make significant gains, even possibly enough to gain control of the House or Senate, or both.
      • 1st woman in 5 years executed in US despite outcry Sep 23, 2021 11:58 PM

        • JARRATT, Va. - The first woman executed in the United States in five years was put to death in Virginia on Thursday for arranging the killings of her husband and a stepson over a $250,000 insurance payment.
        • Lewis enticed two men through sex, cash and a promised cut in an insurance policy to shoot her husband, Julian Clifton Lewis Jr., and his son, Charles, as they slept in October 2002.
        • Lewis appeared fearful, her jaw clenched, as she was escorted into the death chamber.
          • GOP, Democrats offer dueling governing plans Sep 23, 2021 11:58 PM

            • WASHINGTON - These are two remarkably different visions for governing America.
            • President Barack Obama and Democrats want tax cuts for the middle class, more stimulus spending and an end to the outsourcing of U.S. jobs.
            • With Thursday's release of the GOP's "Pledge to America" - a strongly worded manifesto promising to return government to the people, trim it through deep spending cuts, and refocus it on defense and tax cuts - the two parties have laid out deeply contrasting agendas for the next two years.
              • US walks out on Ahmadinejad's UN speech Sep 23, 2021 11:58 PM

                • UNITED NATIONS - Iran's hardline President Mahmoud Ahmadinejad provoked yet another controversy Thursday saying a majority of people in the United States and around the world believe the American government staged the Sept. 11 terror attacks in an attempt to assure Israel's survival.
                • The provocative comments prompted the U.S. delegation to walk out of Ahmadinejad's U.N. speech, where he also blamed the U.S. as the power behind U.N. Security Council sanctions against Iran for its refusal to halt uranium enrichment, a technology that can be used as fuel for electricity generation or to build nuclear weapons.
                • Ahmadinejad said the U.S. has allocated $80 billion to upgrade its nuclear arsenal and is not a fair judge to sit as a veto-wielding permanent member of the Security Council to punish Iran for its nuclear activities.
                  • No. 19 Miami romps by Pitt, 31-3, behind Harris Sep 23, 2021 11:19 PM

                    • PITTSBURGH - Seven years after they last played as Big East members, nothing's changed at all in the Miami-Pitt series.
                    • Damien Berry did the rest by running for 87 yards and a touchdown on 21 carries in an offense that outgained Pitt's 348-232.
                    • The Hurricanes (2-1), faster, deeper and more athletic than the Panthers (1-2), never gave Pitt quarterback Tino Sunseri any time to throw in his third college start, and he was pulled in the fourth quarter after completing 8 of 15 passes for 61 yards.

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AnalystFirm NameSymbolEPS Estimate
XXXXXXXXXX CREE$0.54
gofasterstripesMr Lak CTXS$0.25
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