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  • Stocks in Focus for Tuesday | 02/01/2011 | ORCL | SVA | NVLS | BIDU |

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    Tuesday Feb 1, 2011, 08:42 am EST
     
    Stocks to Watch on Tuesday- ORCL, SVA, NVLS, BIDU
     
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    ORCL - Oracle Corporation (NASDAQ:ORCL)
    Oracle Corp. agreed to pay $46 million to settle claims that Sun Microsystems Inc, which it bought last year, submitted false claims to federal government agencies and paid kickbacks, the U.S. Justice Department said on Monday. The settlement resolved allegations that Sun knowingly paid kickbacks to systems integrator companies in return for recommendations that federal agencies buy Sun's products.

    SVA - Sinovac Biotech Ltd. (NASDAQ:SVA)
    Sinovac Biotech Ltd. (Nasdaq:SVA), a leading provider of biopharmaceutical products in China, announced today the submission of the applications to commence human clinical trials for its 23-valent and 24-valent pneumococcal polysaccharides vaccines to the Chinese State Food Drug Administration (SFDA) on January 31, 2011. The preclinical studies were completed and showed good safety and efficacy profile in animal models.


    NVLS- Novellus Systems, Inc. (NASDAQ:NVLS)
    Novellus Systems, Inc. (NASDAQ:NVLS) said that it expects Q1 earnings of $0.95 to $1.10 per share on revenue of $395.0 million to $425.0 million compared to analyst estimates of $0.90 per share on revenue of $383.9 million for the quarter ending March 31, 2011.
     

    BIDU- Baidu.com, Inc. (ADR) (NASDAQ:BIDU)
    Baidu.com Inc. (NASDAQ:BIDU) said that it is expecting Q1 revenue of $360.6 million to $371.2 million compared to current analyst estimates of $354.2 million for the quarter ending March 31, 2011.
     



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    Be Rich.


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