Lakeway, TX -- (SBWIRE) -- 02/07/2013 -- Bestdamnpennystocks, 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:-
C.H. Robinson Worldwide, Inc.(NASDAQ:CHRW) sheds 10% after the company misses analyst estimates by a penny with its Q4 report. On an earnings conference call (transcript), gross margin compression was a big topic of discussion with execs struggling to explain how the company can improve profits in the tough logistics environment.
Is CHRW a Buy After The Latest Announcement? Find out Here
Google Inc(NASDAQ:GOOG) has acquired Channel Intelligence, a provider of services that enable and track e-commerce activity for online retailers/marketers, from ICG (ICGE) for $125M in cash. Google Shopping services are a big part of CI's offerings. The deal expands Google's arsenal of services for lucrative e-commerce ad buyers, and does so at a time when the company is both trying to navigate a shift in marketing activity from Google Search to Google Shopping, and facing growing competition from Amazon (AMZN).
Is GOOG a Buy after the Solid report? Get Special Coverage Here
Maxwell Technologies Inc.(NASDAQ:MXWL) jumped over 5% following an upgrade to Overwight from Stephens: the firm cites improving fundamentals and a better outlook for Chinese sales. The move comes two days after Piper upgraded Maxwell. Back on Nov. 29, SA contributor Saul Rosenthal made note of strong insider buying activity at the ultracapacitor maker.
How Should Investors Trade MXWL After The Latest Earnings Report? Find Out Here
Chevron Corporation(NYSE:CVX) says it will proceed with development of the $5.6B Mafumeira Sul project located offshore Angola. The project is expected to reach first oil in 2015 and build toward peak daily production of 110K barrels of crude oil and 10K barrels of liquefied petroleum gas. CVX’s subsidiary is the operator and holds a 39.2% interest in Mafumeira Sul.
How Should Investors Trade CVX After The Latest Earnings Report? Find Out Here
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