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Mid Day Update on Most Active Stocks: (NYSE: SCHW), (NASDAQ: ARNA)


New York, NY -- (ReleaseWire) -- 01/04/2013 --The Charles Schwab Corporation (NYSE: SCHW) a provider of securities brokerage, banking and related financial services individuals and institutional clients, is up sharply in mid-day trading today. SCHW is currently trading 3.32% higher at $15.56 on volume of 6.88 million, which is below the daily average volume of 8.89 million. The stock has gained more than 8% in the last three trading sessions.

SCHW rose to a 52-week high of $15.54 today. Technical indicators for SCHW suggest that the upward momentum will continue.

Last week, SCHW had announced that there will be no capital gains distribution in 2012 by any of the funds in the Schwab ETF™ family.

Find out more on SCHW by getting the free full report here:

Arena Pharmaceuticals Inc. (NASDAQ: ARNA), a biotechnology company engaged in the discovery, development and commercialization of oral drugs that target G protein-coupled receptors, is rebounding in mid-day trading today after falling in the previous two trading sessions.

ARNA fell 0.89% in the last two trading sessions. However, the stock has pared all its losses today and is currently up 1.78% to $9.09. ARNA had an excellent run last week, finishing higher in each of the trading sessions. The stock has broke through $9 resistance level. The next resistance level for ARNA is at around $9.25.

Find out more on ARNA by getting the free full report here:

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