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Penny Stocks To Watch Tuesday 3/22/2016, If You Choose: FBEC Worldwide Inc (OTCMKTS:FBEC), Arena Pharmaceuticals, Inc. (NASDAQ:ARNA), Alexco Resource Corp. (USA) (NYSEMKT:AXU), Centrus Energy Corp (NYSEMKT:LEU)

Daily Stock Reporter is issuing a report on four stocks to watch. FBEC Worldwide Inc (OTCMKTS:FBEC) , Arena Pharmaceuticals, Inc. (NASDAQ:ARNA), Alexco Resource Corp. (USA) (NYSEMKT:AXU), and Centrus Energy Corp (NYSEMKT:LEU) have been added to our watchlist today. Continue reading to find out why. – To get daily alerts on top stocks on the OTCQB, OTCQX, Nasdaq, NYSE, and OTCBB, subscribe to our newsletter at DailyStockReporter.com.

FBEC Worldwide Inc (OTCMKTS:FBEC) recently amended its articles of incorporation in order to decrease its authorized shares of common stock, par value $0.001 per share, from 5,000,000,000 to 2,200,000,000. According to the company, this decrease was undertaken in order to tighten the capital structure of FBEC, and ease any shareholder concerns of material diluting events. During the last 30 days, shares of FBEC have traded between lows of $0.0141 and highs of $0.0297.  In a recent press release, CEO of FBEC, Jason Spatafora, stated, “We have come an extraordinary way in a short amount of time with FBEC Worldwide Inc.’s product portfolio and partnerships. As we begin to scale our operations to truly make this a national lifestyle brand, we have to allocate funds accordingly to meet agreed upon measures related to demand and production to make this possible.”

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Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) is a company that embraces the challenge of improving health by looking to bring innovative medicines targeting G protein-coupled receptors to patients. Arena’s focus is discovering, developing and commercializing drugs to address unmet medical needs, and BELVIQ® (lorcaserin HCl) is Arena’s first internally discovered drug approved for marketing. The company recently released their 4Q and full year 2015 financials. “Arena took a number of important steps in 2015, including initiating two Phase 2 clinical trials, partnering two of our programs, filing a new drug application and reducing our internal expenses,” stated Harry F. Hixson, Jr., Arena’s interim CEO. In the last week ARNA has notched increases of 35.97% seeing highs of $1.89 in Tuesday’s trading session.

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Alexco Resource Corp. (USA) (NYSEMKT:AXU) owns the Bellekeno silver mine, one of several mineral properties held by Alexco, which encompass substantially all of the historical Keno Hill Silver District, located in Canada’s Yukon Territory. On March 15th the company announced its’ will release its 4Q and year end 2015 result Wednesday March 23rd, 2016. In the last week of trading AXU has seen a pps hike of 74.62% from lows of $0.67 to highs of $1.17 in Tuesday’s trading day.

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Centrus Energy Corp (NYSEMKT:LEU) is a trusted supplier of enriched uranium fuel for commercial nuclear power plants in the United States and around the world. The company yesterday 3/21/16 released 4Q and 2015 financials. “Our results for 2015 reflect our efforts to transform Centrus into the world’s most diversified nuclear fuel supplier,” quoted Daniel B. Poneman, Centrus president and CEO. “During the year we laid the groundwork for our future growth by amending our largest supply contract under mutually beneficial terms, while extending it through at least 2026. We also signed several new sales contracts to start rebuilding our order book.” LEU since Monday’s trading session is up 73.54% after hitting highs on Tuesday of $3.87.

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