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Gainers Watch List: Ctrip.com International, Celldex Therapeutics, Charter Communications, Penn West Petroleum Ltd

 
 
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Lakeway, NY -- (SBWIRE) -- 03/07/2013 -- 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:-

Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) shares gained 2.72% and closed at $20.04. The company, on Jan. 31, announced that for the first quarter of 2013, the Company expects to continue the net revenue growth year-on-year at a rate of approximately 15-20%. The Company reported revenue of $144.63 in the first quarter of 2012. Analysts were expecting the Company to report revenue of $171.61 million for the first quarter of 2013.

How Should Investors Trade CTRP After The Recent Price movement? Find out Here

Celldex Therapeutics, Inc. (NASDAQ:CLDX) shares increased 2.71% and closed at $11 in yesterday’s session. The company will release fourth quarter and year end 2012 financial results on Thursday, March 7, 2013 before the U.S. financial markets open. Celldex executives will host a conference call at 8:30 a.m. ET on the same day to discuss 2012 financial and business results and to provide an update on key 2013 objectives.

Aditionally, Equities researchers at Leerink Swann assumed coverage on shares of CLDX in a report issued yesterday. The firm set an “outperform” rating and a $18.00 price target on the stock.

Is CLDX a Strong Buying Opportunity After The Recent Slump? Find out Here

Charter Communications, Inc. (NASDAQ:CHTR) shares jumped 2.71% and closed at $89.98 in the last trading session. The company, on Feb. 28, announced that its subsidiaries, CCO Holdings, LLC and CCO Holdings Capital Corp., intend to privately offer $1 billion in aggregate principal amount of senior unsecured notes in two tranches due in 2021 and 2023. Charter said it intends to use the net proceeds from the sale of the notes for general corporate purposes, including to repay existing bank debt.

Is CHTR a Buy After The Latest Price Action? Find Out Here

Penn West Petroleum Ltd (USA) (NYSE:PWE) shares gained 2.69% to $9.91. The company, on Feb. 14, updated its fiscal 2013 guidance and expects production of between 135,000 and 145,000 boe per day. The company is a Canadian exploration and production company. Penn West is engaged in the business of acquiring, exploring, developing, exploiting and holding interests in petroleum and natural gas properties and related assets.

Get latest News, Updates on PWE Here

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