Must Watch Stock News: Arena Pharmaceuticals, Hewlett-Packard Company, Resorts International, Alpha Natural Resources, Chevron Corporation

NEW YORK, November 4, 2013 /PRNewswire/ --

Market Buzz Report, an investment community, presents Must Watch Stock News For Arena Pharmaceuticals, Inc. (NASDAQ:ARNA), Hewlett-Packard Company (NYSE:HPQ), MGM Resorts International(NYSE:MGM), Alpha Natural Resources, Inc.(NYSE:ANR), Chevron Corporation (NYSE:CVX).

Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) stock declined 2.05% to $4.29. The company on Oct. 15 reported that Eisai Inc. will increase its BELVIQ sales force to approximately 400 representatives by December 2013, doubling the size of the sales force from when BELVIQ became available in June 2013.

Is ARNA a Solid Buy After The Recent Bounce Back? Get The Special Trend Analysis Here http://marketbuzzreport.com/index.php?code=ARNA  (Or Copy and paste the URL into your browser)

Additionally, the company announced that it will provide a corporate update and report third quarter 2013 financial results after the NASDAQ Global Select Market closes on Thursday, November 7, 2013. That same day, Arena will host a conference call and webcast at 5:00 p.m. Eastern Time.

Hewlett-Packard Company (NYSE:HPQ) shares increased 3.57% to $25.24. The company on Oct. 30 announced that Johnson Memorial Hospital has selected HP Converged Infrastructure to deliver high-quality patient care by increasing operational efficiencies, ensuring continuity and accelerating performance of mission-critical healthcare applications.

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Additionally, HP Autonomy on Oct. 28 announced that Nikon Corporation is using HP Autonomy web content management software to deliver customized content to photographers visiting the Nikon Learn & Explore website for tips and tricks, instruction, and inspiration mapped to their skill level and experience.  

MGM Resorts International(NYSE:MGM)'s third-quarter loss lowered due to income from gambling revenue as well as lower interest on debt.

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For the quarter ending September, MGM Resorts International had loss of $31.9 million whereas the loss was $181.2 million a year ago. On the other hand, its revenues climbed by 9 percent to $2.46 billion.

Alpha Natural Resources, Inc.(NYSE:ANR) came out with results for quarter three indicating losses due to special charges and weaker coal revenue. But, the loss was less than what was expected by Wall Street and the firm reduced the forecast for mining costs.

The firm had a tough market to deal with during the quarter and also saw closing down of one of its mines. The firm confirmed making progress on settling a case pertaining to Massey stockholders. A disaster at Massey mine three years back resulted in death of 29 coal miners. The company bought over Massey in 2011 and is expecting insurance to cover $70 million of $265 million settlement.

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The mining company had loss of $458.2 million, or $2.07 per share, for the quarter ending in September vis-à-vis $46.1 million, or 21 cents per share, in the previous year.

Revenue for the firm fell by 27 percent to $1.19 billion.

The company is expecting to ship 86 to 91 tons of coal in 2013 and 79 to 90 tons in 2014 whereas it has reduced expenditure goal $260-290 million from the earlier forecast of $275 million to $325 million.

Chevron Corporation (NYSE:CVX) shares fell 2.02% to $117.51. The company on Nov. 1 reported a surprise decline in quarterly profit, hurt by weakness in the oil refining business, while production from wells increased for the No. 2 U.S. oil company but remained below target. Third-quarter net income fell to $4.95 billion, or $2.57 per share, from $5.25 billion, or $2.69 per share, a year earlier. Analysts, on average, had expected $2.71 per share, according to Thomson Reuters I/B/E/S.

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Chevron said third-quarter profit from well output was slightly lower than last year, while earnings from its downstream arm, which includes refineries and chemical production, fell 45 percent to $380 million.

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