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AEGR, CRWE, LEE, GLW, MPC Stock Market Report from PennyGovernance.com

January 08 Jan 2012 | 13:33
 

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Aegerion Pharmaceuticals, Inc. (NASDAQ:AEGR) recently provided a clinical update on its lead investigational therapeutic, lomitapide. Aegerion reported that the 78-week data from its pivotal Phase III clinical trial are consistent with data previously reported at the 26- and 56-week time points. The Phase III study was a single-arm, open label trial, designed to evaluate the efficacy and long-term safety of lomitapide for the treatment of patients with homozygous familial hypercholesterolemia (HoFH). The data demonstrate that the reduction in LDL-C cholesterol from baseline was maintained at 78-weeks.

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“We expect to submit our applications containing the 56-week data to the FDA and EMA this quarter and continue to build our commercial organization in preparation for our anticipated launch,” stated Marc D. Beer, Chief Executive Officer.

Lomitapide is a small molecule microsomal triglyceride transfer protein inhibitor, or MTP-I, in clinical development as an oral, once-a-day therapeutic for HoFH.

AEGR aspires to change the way rare, genetic lipid disorders are treated. They are an emerging biopharmaceutical company focused on the development and commercialization of a novel life-altering therapeutic for debilitating and often fatal orphan diseases. Aegerion is motivated by its commitment to patients first. They are also attentive to their core values of integrity, innovation, responsibility to healthcare providers, development of employees and always — scientific and clinical excellence.

For more information about AEGR please visit http://www.aegerion.com/

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Crown Equity Holdings Inc. (CRWE.OB) announced that it has launched CRWE Tube, www.crwetube.com, a video sharing site that allows billions of people around the world to upload watch and share original videos.

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Video marketing, also known as video promotion, has been around for quite some time. It all started with the numerous advancements done by programmers and website developers during the era of internet supremacy that has lasted for almost 5 years. Today, this type of marketing is able to reach a lot more consumers and potential customers than other methods can. The internet is no longer limited to offices and commercial establishments since many internet providers now have services that they offer to homes for individual or private use. Thus, using videos as a means of product promotion is now a common thing and with it comes numerous benefits and advantages.

“The CRWE Tube team has built an exciting media platform, which allows people and businesses large and small to quickly and efficiently reach a vast new audience,” said Kenneth Bosket, President of Crown Equity Holdings Inc. “With online videos continuing to experience explosive, viral growth and the web rapidly moving from text to video, businesses will need to adapt to the shift in video distribution technology or quickly become irrelevant to their consumers who anticipate seeing video everywhere online.”

Crown Equity Holdings Inc., together with its digital network of Websites, offers media advertising, branding and marketing services as a worldwide online multi-media publisher. The company focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them. Its advertising services cover and connect a range of marketing specialties, as well as providing search engine optimization for clients interested in online media awareness.

For more information about Crown Equity Holdings Inc., please visit: www.crownequityholdings.com

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Lee Enterprises, Inc. (NYSE:LEE), a leading print and digital provider of local news, information and advertising in 52 markets, recently reached a key agreement necessary to proceed with a comprehensive refinancing of its debt. The agreement will extend Lee`s Pulitzer Notes debt maturity to December 2015 and enable implementation of the overall refinancing plan announced in September.

Lee Enterprises is a leading provider of local news and information, and a major platform for advertising, in its markets, with 48 daily newspapers and a joint interest in four others, rapidly growing digital products and nearly 300 specialty publications in 23 states.

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Corning Incorporated (NYSE:GLW) recently announced that it has completed the acquisition of Mediatech, Inc., a Virginia-based corporation, including Mediatech’s subsidiary, KD Medical, Inc., a Maryland-based corporation. Mediatech is now a wholly owned subsidiary of Corning and will be integrated into Corning’s Life Sciences segment. The terms of the agreement are not being disclosed.

Corning Incorporated is the world leader in specialty glass and ceramics. Drawing on 160 years of materials science and process engineering knowledge, Corning creates and makes keystone components that enable high-technology systems for consumer electronics, mobile emissions control, telecommunications and life sciences.

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Marathon Petroleum Corporation (NYSE:MPC) recently hosted its Investor Day meeting, marking the company`s first such presentation as an independent company. The presentation provided an in-depth look at MPC`s operations, finances, and future plans. “We are well positioned from an operating perspective, we are in a strong financial position, and we intend to balance return of capital to shareholders with organic projects and other investments to create shareholder value,” said MPC President and Chief Executive Officer Gary R. Heminger.

MPC is the nation`s fifth-largest refiner with a crude capacity in excess of 1.1 million barrels per day in its six-refinery system. Marathon brand gasoline is sold through approximately 5,100 independently owned locations across 18 states.

 

 

 

 

 

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