NEW YORK, April 16, 2013 - cheapstocks.us, one of the leaders in providing investment alerts on U.S. stocks are announcing Investment Highlights on General Motors Company, Amazon.com, BioCryst Pharmaceuticals, LDK Solar Co.
General Motors Company(NYSE:GM) shares climbed 1.21% to $29.26. The company, on April 16, said worldwide sales rose 3.6 percent during the first quarter compared with last year, keeping its lead over Volkswagen AG (VOW) by about 90,000 vehicles. Increased Chevrolet sales in the U.S. and Buick demand in China helped GM deliver 2.36 million cars and trucks in the first three months of 2013, the Detroit-based company said today in an e-mailed statement.
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Additionally, the company expects the new version of the Chevrolet Impala to lure more retail buyers, allowing the automaker to ditch the large car's image as king of the car rentals, a top company official said on April 8. Jim Hall, managing director of automotive consulting firm 2953 Analytics, said the key to GM achieving its goals is making sure consumers know about the new car, and that means spending the money to advertise it.
Amazon.com, Inc.(NASDAQ:AMZN) shares gained 0.71% to $269.61. The company, on April 15, announced the launch of its 50+ Active and Healthy Living Store (www.amazon.com/50activeliving) featuring hundreds ofthousands of nutrition, wellness, exercise and fitness, medical, personal care, beauty, entertainment items and more - all in a single destination for customers in the 50+ age range. In addition to offering items for fast, freeshipping through Amazon Prime and Super Saver Shipping, customers can also sign up to receive thousands of items.
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Additionally, the company is going the extra mile with customer satisfaction. The automated systems that have now been installed are able to detect when a customer has paid more than the lowest price for a product and refunds are doled out to them. Customers are given refunds if the streaming of a movie is not upto the mark.
BioCryst Pharmaceuticals, Inc. (NASDAQ:BCRX) shares increased 2.70% to $1.90. The company, on April 16, announced that it has completed its Type C meeting regarding intravenous (i.v.) peramivir with the U.S. Food & Drug Administration (FDA) and has received final meeting minutes.
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The minutes of the meeting were consistent with the FDA's preliminary comment letter, which was previously referenced in the Company's press release of April 1, 2013. In addition, the meeting minutes confirmed thatBioCryst's proposed peramivir New Drug Application (NDA) content supports a reviewable NDA submission for the indication of acute uncomplicated influenza.
LDK Solar Co., Ltd (ADR) (NYSE:LDK) shares fell 7.14% to $1.04. The company, on April 16, announced that, due to a temporary cash-flow shortage, LDK Solar was not able to make full payments to the holders of its4.75% convertible senior notes due 2013 in an aggregate principal amount of US$23,793,000, plus interest, otherwise due and payable on their maturity date of April 15, 2013.
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LDK Solar has, however, privately and individually negotiated with two holders of such convertible notes in the aggregateprincipal amount of US$16,553,000, and reached settlement with them, shortly before the maturity date, through a partial payment in cash and effectively a loan facility to postpone the repayment of the remaining indebtedness.
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