Morning Stock Focus List for Wednesday, January 25, 2006: Proceeds to Be Used for Further Restructuring and to Launch Sickle Cell Drug! TheSUBWAY.com names the following stocks to its Stock Focus List: Xechem International Inc. (OTC BB: XKEM), Capstone Turbine Corporation (NASDAQ: CPST), Vitesse Semiconductor Corp. (NASDAQ: VTSS), Google Inc. (NASDAQ: GOOG).
Xechem International, Inc. (OTC BB: XKEM), Xechem International said today that the $4.2 million settlement of its antitrust lawsuit against Bristol-Meyers Squibb Co., announced December 2005, has closed and that the net settlement proceeds have now been received by the company.
Xechem International, Inc. is a development stage biopharmaceutical company focusing on anticancer, antiviral (including AIDS), antifungal, Sickle Cell Disease (SCD), antimalarial and antibacterial products from natural sources, including microbial and marine organisms.
Other stocks highlighted include Capstone Turbine Corporation (NASDAQ: CPST): Stock Focus List, up 8% on 13 million shares, Vitesse Semiconductor Corp. (NASDAQ: VTSS): Stock Focus List, up 23% on 44 million shares, Google Inc. (NASDAQ: GOOG): Stock Focus List, up 4% on 15 million shares.
"A few disappointing earnings releases and some disparate economic data have done their part to stall the market's advance, and political developments abroad have kept investors cautious. But overall tame inflation numbers, though rising over the past few months, solid growth in the domestic economy, and lower unemployment are buffeting the averages from below." More is available at: thesubway.com. |