SOURCE: Equity News Circuit

Equity News Circuit

May 06, 2013 08:00 ET

Squawk Box Stocks Reports On: Ford Motor Co. (NYSE: F), Weatherford International Ltd. (NYSE: WFT), Central European Media Enterprises Ltd. (NASDAQ: CETV), Arena Pharmaceuticals, Inc. (NASDAQ: ARNA)

Note to Editors: The Following Is an Investment Opinion Being Issued by the Equity News Circuit

NEW YORK, NY--(Marketwired - May 6, 2013) - Ford Motor Co. (NYSE: F), Weatherford International Ltd. (NYSE: WFT), Central European Media Enterprises Ltd. (NASDAQ: CETV), Arena Pharmaceuticals, Inc. (NASDAQ: ARNA).

Ford Motor Co. (F) saw shares advancing 3.13% or $0.42 per share to close at $13.83 on volume of 45,935,157 shares traded during Friday's trading session. Led by Ford Motor the entire auto industry continues to surge closing Friday up 2.1% as investors bet on a bright future for the industry. How find could shares of Ford Motor reach before traders look to secure profits? Find out what to expect next in our exclusive research report at: http://squawkboxstocks.com/reports/F

Weatherford International Ltd. (WFT) saw shares rising 7.18% to close Friday's trading session at $13.59 on volume of 33,524,201 shares traded. The world's fourth-largest oilfield services provider, rose after forecasting increased profits in Mexico through the rest of this year. Will shares of Weatherford continue to add to last week's gain or will traders begin to lock in profits? Find out our thoughts & what to expect next in our exclusive research report at: http://squawkboxstocks.com/reports/WFT

Central European Media Enterprises Ltd. (CETV) saw shares declining 16.14% or $0.51 per share to close Friday at $2.65 on volume of 14,345,561 shares traded. The broadcasting group floated nearly 54.5 million shares of its class A common stock in an underwritten public offering, for which it will charge $2.75 per share. The company's underwriters have been granted a 30-day purchase option to buy up to an additional 5.4 million-plus shares. Following the big decline on news of the offering will shares begin to recover to start the new week? Find out our thoughts & what to expect next in our exclusive research report at: http://squawkboxstocks.com/reports/CETV

Arena Pharmaceuticals, Inc. (ARNA) saw shares declining 9.16% or $0.77 per share to close Friday at $7.63 on volume of 20,597,885 shares traded. The pharmaceutical company said Thursday that its loss narrowed in the first quarter, though company executives said they are still waiting for a federal decision on the status of the weight loss drug Belviq. The company also reported it is withdrawing its application to gain regulatory approval in Europe for the obesity medicine. Arena will review its application to the European Medicines Union for Belviq, approved in the U.S. in June as the first new obesity drug in 13 years, before deciding when to resubmit it, the San Diego-based company said today in a statement. Will shares of Arena continue to be under pressure during a period of uncertainty for its most important drug? Find out our thoughts & what to expect next in our exclusive research report at: http://squawkboxstocks.com/reports/ARNA

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Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein.

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