New York, NY -- (ReleaseWire) -- 01/16/2013 -- Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) shares climbed 5.97% to $ 10.81. The company’s president and chief executive officer, Jack Lief, said last week that the company is looking for partners to sell the medicine abroad once it clears regulatory hurdles.
Few of the Arena Pharmaceuticals’ (ARNA) retail-investor stockholders blamed the US Drug Enforcement Agency of collaborating with Wall Street hedge funds to postpone the commercial release of the firm’s weight-loss pill Belviq. The DEA is gathering public comments on its planned rule making Belviq a Schedule IV controlled substance. The 30-day comment phase ends on Jan. 18, following which DEA would finalize its decision.
Arena Pharmaceuticals, Inc. (Arena) is a clinical-stage biopharmaceutical company.
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Micron Technology, Inc. (NASDAQ: MU), analysts’ comments on the stock. Jefferies Group reaffirmed their buy rating on shares of Micron Technology, they currently have a $10.00 price target on the stock. Analysts at Citigroup reiterated a buy rating on shares of Micron Technology, they have a $10.00 price target. Nomura reiterated a neutral rating on shares of Micron Technology. Analysts at Barclays Capital reiterated an overweight rating, they have a $10.00 price target on the stock.
Micron Technology, Inc., is a global manufacturer and marketer of semiconductor devices, principally NAND Flash, DRAM and NOR Flash memory, as well as other memory technologies, packaging solutions and semiconductor systems for use in computing, consumer, networking, automotive, industrial, embedded and mobile products.
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