Company News: Page (1) of 1 - 09/23/12

Penny Stock Ideas for Your Portfolio - Pennystocks101.com Reports 3 Hot Stocks this Fall: Kb Home, Sunesis Pharmaceuticals, and Nanosphere

(September 23, 2012)

Huntington Beach, CA (PRWEB) September 23, 2012

http://www.PennyStocks101.com - The US leader in microcap breakouts, offers a high quality stocks alert newsletter to investors looking for the best breakout stocks around. PennyStocks101.com provides its subscribers with timely information and exclusive charts on cheap and under-valued stocks in the United States with the potential of breaking out.

The market closed flat on Friday but not before seeing gains on encouraging news from Europe about saving the euro. Next week could be interesting as investors look forward to 3rd quarter earning results. Fedex has given a negative outlook on the economy so far. In other news, Apple Inc. is seeking an additional $707 million in damages from Samsung Electronics Co.

PennyStocks101.com reports 3 stocks with big moves on Friday: Kb Home, Sunesis Pharmaceuticals, and Nanosphere

KB Home, one of the nation's largest and most recognized homebuilders, reported results for its third quarter ended August 31, 2012. Revenues increased 16% to $424.5 million, compared to $367.3 million for the third quarter of 2011, reflecting growth in the number of homes delivered and a higher average selling price.

Sunesis Pharmaceuticals, Inc. announced last week the closing of two previously disclosed financings. Royalty Pharma has invested $25.0 million under its royalty arrangement with Sunesis, and, in a separate transaction, a syndicate of lenders have funded the second tranche of $15.0 million under their $25.0 million loan facility with the company.

Nanosphere, Inc., a leader in the development and commercialization of advanced molecular diagnostics systems, announced that Roger Moody, Nanosphere's chief financial officer, will present at the Craig-Hallum Alpha Select Conference on Thursday, September 27, 2012 at 3:30 p.m. ET. The 3rd annual Alpha Select Conference will feature over 60 small and micro-cap companies that fit the Alpha Select List (ASL) criteria.

Pennystocks101.com educates and shows investors the inner workings of the volatile world of penny stocks by scouring the markets for the hottest penny stocks that look poised to break out.

Read the full story at http://www.prweb.com/releases/2012/9/prweb9933733.htm.

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