Lakeway, NY -- (SBWIRE) -- 03/11/2013 -- ThePennyStockProfiler.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-
Incyte Corporation (NASDAQ:INCY) shares gained 2.17% to $23.53. The company,on Feb. 14, reported fourth-quarter and full-year 2012 financial results, including revenue from Jakafi (ruxolitinib), which is approved by the U.S. Food & Drug Administration (FDA) for the treatment of patients with intermediate or high-risk myelofibrosis (MF). The Company also provided 2013 financial guidance and updated information about key clinical programs, including key Phase III data for Jakafi that was presented at the 2012 American Society of Hematology (ASH) Annual Meeting.
Is INCY a Still a Buy after the Solid momentum? Let’s Find out Here
The WhiteWave Foods Co (NYSE:WWAV) shares jumped 2% and closed at $16.30. WWAV’s stock had its price target lowered by JPMorgan Chase from $19.00 to $18.00 in a research report sent to investors on Feb. 19. The firm currently has an overweight rating on the stock. Separately, analysts at Morgan Stanley reiterated an equal weight rating on shares of The WhiteWave Foods in a research note to investors on Feb. 13.
Is WWAV a Strong Buying Opportunity After The Recent Slump? Find out Here
PetSmart, Inc. (NASDAQ:PETM) shares climbed 1.99% to $63.42. The company, on Mar. 7, reported financial results for the fourth quarter and fiscal year 2012, and provided guidance for 2013. For the quarter, earnings per share were up 36% to $1.24. Comparable store sales, or sales in stores open at least a year, grew 4.6%, benefitting from comparable transactions growth of 1.2%. Total sales for the quarter were up 15% to $1.9 billion, partially impacted by $3 million in favorable foreign currency fluctuations.
Should PETM Buy After The Recent Movement? Let’s Find out Here
Ashland Inc. (NYSE:ASH) shares climbed 1.99% and closed at $79.36. Ashland Specialty Ingredients, a commercial unit of ASH, is increasing the price of its portfolio of intermediates and specialty solvents sold in Asia effective April 1, or as contracts allow. Prices for 1,4 Butanediol (BDO) and its derivatives Tetrahydrofuran (THF), N-Methyl-2-Pyrrolidone (NMP) and Gamma-Butyrolactone (BLO) will increase by $150/metric ton.
Is ASH a Strong Buying Opportunity After The Recent Slump? Find out Here
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