Hot Stocks to Watch: MRX, HEK, CHTP, VRX, SNTA, ISIS

Wall Street signA couple of poor economic reports has sent markets down today with the Dow flirting around the 13,000 level. Manufacturing fell to 49.6 in August, the biggest decline in more than three years according to the Institute for Supply Management (ISM). Construction spending also dipped, falling nearly 1% in July. Economists were expecting a rise in 0.4% rise in spending.

Today’s sell off should come as no surprise with September being a poor month for stocks historically.

The Dow is currently down 75 points, the Nasdaq is down 9 points and the S&P 500 is down 5 points. [Read more...]

Pre Market Losers: NWSA, MNST, MRX, NUAN, ZNGA, KGC

Traders at the NYSENews Corp. (NASDAQ:NWSA) is down 3.04% this morning at $23.00. NWSA trades 19.4 million shares a day on average. News Corp announced quarterly results today and met expectations of $0.32 per share, but missed on revenue. The company has a market cap of 57.44 billion.

Monster Beverage Corporation (NASDAQ:MNST) is down 8.16% in pre market trading at $62.24. MNST trades 2.4 million shares a day on average. Monster Beverage shares are falling today after the company missed profit estimates in its second quarter due to costs overseas. The company has a market cap of 11.94 billion. [Read more...]

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