Lakeway, NY -- (SBWIRE) -- 03/14/2013 -- 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:-
Titan International Inc (NYSE:TWI) stock gained 1.96% to $21.30. The company on Mar. 11 announced the closing of its offering of $325,000,000 aggregate principal amount of its 7.875% Senior Secured Notes due 2017.
Additionally, the company, on Feb. 25, reported fourth-quarter net loss of $3.5 million or $0.07 per share, compared to net income of $14.5 million or $0.29 per share in the year-ago period. Adjusted net income for the fourth quarter was $4.1 million or $0.09 per share. Sales rose to $493.64 million from $402.92 million in the prior year quarter. Analysts expected the company to earn $0.47 per share on revenue of $560.08 million.
Is TWI a Still a Buy after the Solid momentum? Let’s Find out Here
Fortress Investment Group LLC (NYSE:FIG) shares climbed 1.94% to $6.83. Equities research analysts at Jefferies Group upped their price target on shares of Fortress from $5.00 to $6.00 in a research note issued to investors Mar 6. The firm currently has a “hold” rating on the stock.
Additionally, the company released its earnings data on Feb. 27. The company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.06. The company had revenue of $417.64 million, compared to the consensus estimate of $217.52 million.
Is FIG a Strong Buying Opportunity After The Recent Slump? Find out Here
Oshkosh Corporation(NYSE:OSK) shares jumped 1.93% and closed at $40.60. The company, on Feb. 26, announced that Brad Nelson has been promoted to Oshkosh Corporation senior vice president and president of the Commercial business segment. He will assume his new position on March 4, 2013. Brad Nelson is currently serving as vice president, Global Marketing for JLG Industries in the Access Equipment segment of Oshkosh Corporation, a position he has held since joining JLG in September 2011.
Should OSK Buy After The Recent Movement? Let’s Find out Here
Cabelas Inc(NYSE:CAB) shares gained 1.88% to $61.79 in the last trading session. The company, on Mar. 12, provided its outlook for the first quarter of 2013. The company said it expects to report first quarter EPS of $0.10 to $0.15. Comparable store sales are expected to increase at least at a high-teens rate and direct revenues are expected to increase at a low to mid-teens rate.
Should CAB Buy After The Recent Movement? Let’s Find out Here
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