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  • Stocks in Focus Today || MSPD | VPRO | RT | GLUU |

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    Thursday Jan. 6, 2011, 08:42 am EST
     
    Major Stocks to Watch on Thursday- MSPD, VPRO, RT, GLUU
     
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    MSPD - Mindspeed Technologies, Inc. (NASDAQ:MSPD)
    Mindspeed Technologies Inc. (NASDAQ:MSPD) said it expects Q1 revenue of approximately $40.5 million compared to its previous guidance  of $42.8 million to $43.7 million. While the current analyst estimate is revenue of $43.3 million for the quarter ending December 31, 2010. Shares are expected to drop on lowered guidance.

    VPRO - Viropro, Inc. (PINK:VPRO)
    Drugmaker Spectrum Pharmaceuticals Inc. said Wednesday it will develop a biosimilar version of the cancer drug Rituxan through a new partnership with Viropro Inc. Financial terms weren't disclosed. Rituxan, or rituximab, is approved to treat non-Hodgkin's lymphoma, chronic lymphocytic leukemia and rheumatoid arthritis. It is sold by the Genentech unit of Swiss drugmaker Roche Holding, and by Biogen Idec Inc. Shares of Viropro gained 2700% on Wednesday and are still popular on Thursday.


    RT- Ruby Tuesday, Inc. (NYSE:RT)
    Ruby Tuesday Inc. (NYSE:RT) reported Q2 EPS of $0.07 after the market close on Wednesday, compared to $0.01 in the prior year period. The company expects to report full year 2011 diluted EPS of $0.76 to $0.86. RT shares are expected to gain Today.
     

    GLUU- Glu Mobile Inc. (Public, NASDAQ:GLUU)
    Glu Mobile Inc. (Glu) announced a strategic partnership with NVIDIA Corp. (NVIDIA). Glu is working directly with NVIDIA in the development of games showcasing the Android platform and Tegra 2 mobile superchip. This could be  huge partnership for tiny firm Glu Mobile. Shares are expected to continue the rally on Thursday also.
     



    God Bless,
    Be Rich.


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