Lakeway, NY -- (SBWIRE) -- 03/08/2013 -- 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:-
FelCor Lodging Trust Incorporated (NYSE:FCH) shares gained 2.95% to $5.23. The company, on Feb. 19, announced that for fiscal 2013, it expects same-store RevPAR to increase between 5%-6%; adjusted EBITDA to be between $186 million and $205 million; adjusted FFO per share to be between $0.31 and $0.43; and net loss attributable to FelCor to be between $70 million and $63 million. Analysts on an average were expecting the Company to report EBITDA $200 million, adjusted FFO per share of $0.15 and net income of ($93) million for fiscal 2013.
How Should Investors Trade FCH After The Recent Price movement? Find out Here
VIVUS, Inc. (NASDAQ:VVUS) shares jumped 2.88% and closed at $11.42. The company, on Mar. 5, announced a new program offering eligible patients a discount on Qsymia (phentermine and topiramate extended-release) capsules CIV for a limited time. The Save Now! Program is available online exclusively at www.qsymia.com and provides patients with the opportunity to pay no more than $75 for 30 days of the recommended dose (Qsymia 7.5 mg/46 mg). This represents up to $85 savings off the full retail price (which may vary by pharmacy) for this once daily therapy.
Is VVUS a Strong Buying Opportunity After The Recent Slump? Find out Here
LaSalle Hotel Properties (NYSE:LHO) shares gained 2.83% to $25.40. Goldman Sachs last week downgraded LHO from Neutral to Sell with a price target of $23.50 (from $26.50).
Additionally, the company, on Mar. 6, provided notice to the holders of its 7.25% Series G Cumulative Redeemable Preferred Shares (the “Series G Preferred Shares”) of the redemption of 4,000,000 of the 6,348,888 issued and outstanding Series G Preferred Shares, representing approximately 63% of the outstanding shares. The cash redemption price for the Series G Preferred Shares is $25.00 per share, plus accrued and unpaid dividends through the redemption date.
How Should Investors Trade LHO After The Recent Price movement? Find out Here
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