Lakeway, NY -- (SBWIRE) -- 02/28/2013 -- 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:-
Tata Motors Limited (ADR) (NYSE:TTM) went up 2.88% and closed at $27.50 on a traded volume of 1.97 million shares. Earlier, the Company posted fourth quarter loss of 4.5 billion rupees compared to profit of 1.7 billion rupees in the previous year. The loss was fueled by an 11.3% decline in unit sales. The demand for vehicles in India has been hit by poor economic conditions, which hurt Tata's mainstay commercial vehicle sales especially hard, as well as by rising fuel and tax rates and high interest rates. The company said higher marketing and launch costs for a new line of Range Rover vehicles dragged down Jaguar Land Rover's profits.
Is TTM a Strong Buy After The Recent Gain? Let’s Find out Here
Phillips 66 (NYSE:PSX) moved up 2.87% and closed at $62.99 on a traded volume of 2.58 million shares. SOWELA Technical Community College held a ribbon cutting ceremony for the new Phillips 66 Process Technology Center. Phillips 66 donated $2 million to the school to construct a new industrial technology building after the campus sustained extensive damage from Hurricane Rita.
Is PSX a Strong Buying Opportunity After The Recent Slump? Find out Here
Krispy Kreme Doughnuts (NYSE:KKD) moved up 2.87% and closed at $13.26 on a traded volume of 1.04 million shares. Krispy Kreme Doughnut Corporation will temporarily close its retail location at 9301 East Independence Blvd., Matthews, NC, in preparation for the construction of a new shop at the same location. Krispy Kreme has been building new smaller, more convenient retail shops and remodeling some existing locations in the Charlotte, NC metro area as part of its long-term growth plans for the region.
Should Investors Consider KKD After The Recent price Action? Get Free Trend Analysis Here
Tenet Healthcare Corporation (NYSE:THC) surged up 2.85% and closed at $38.95 on a traded volume of 1.96 million shares. The Company reported fourth quarter diluted EPS from continuing operations of $0.52, which may note compare to the analyst estimate of $0.68. Adjusted EBITDA was $336 million, an increase of $48 million versus last year. Revenue for the quarter was $2.33 billion versus the consensus estimate of $2.34 billion.
BMO Capital Markets restated market perform rating on Tenet Healthcare Corporation and raised its price target from $38.00 to $40.00.
Should Investors Consider THC After The Recent price Action? Get Free Trend Analysis Here
ThePennyStockProfiler.com is engaged in providing the most up to date and useful information on Microcap Stocks poised to breakout. ThePennyStockProfiler.com also provides investors with trend analysis, detailed company profiles, and most importantly a much needed "informational edge" which can be used as a tool for making investment decisions. To Receive Instant updates in the inbox, readers are advised to sign up for free at http://www.ThePennyStockProfiler.com
The assembled information disseminated by ThePennyStockProfiler.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. ThePennyStockProfiler.com does expect that investors will buy and sell securities based on information assembled and presented in phd-trading.com. PLEASE always do your own due diligence, and consult your financial advisor.
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-321-1250 (International)