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:-
United Rentals, Inc. (NYSE:URI) shares jumped 2.07% and closed at $54.64. The company, on Mar. 8, announced that it has given notice of its intention to cause the conversion rights of holders of its outstanding 6½% Convertible Subordinated Debentures due August 1, 2028 (the "Debentures") and the corresponding rights of holders of its subsidiary's outstanding 6½% Convertible Quarterly Income Preferred Securities due August 1, 2028 (CUSIP Nos. 91136H306 and 91136H207) (the "Preferred Securities") to expire on April 8, 2013.
Is URI a Strong Buy After The Recent Surge? Let’s Find out Here
Delta Air Lines, Inc. (NYSE:DAL) shares climbed 2.06% to $16.36. The company, on Mar. 4, said it expects to produce 40,000 barrels-per-day (bpd) of jet fuel at its 185,000 bpd Trainer, Pennsylvania, refinery by the end of the year, a lower rate than Delta's initial goal when it bought the refinery last year. Delta President Edward Bastian said in a JPMorgan presentation that the 40,000 bpd output represented about 25 percent of Delta's domestic jet fuel consumption and about 22 percent of the refinery's current capacity.
Additionally, the company, on Feb. 27, said it is transforming the sleep experience in the air by offering Westin Heavenly® In-Flight bedding, designed and manufactured exclusively for Delta, in all of its BusinessElite cabins throughout the world.
Is DAL a Strong Buying Opportunity After The Recent Gain? Find out Here
TD Ameritrade Holding Corp.(NYSE:AMTD) shares jumped 2.05% and closed at $21.41. The company, on March 11, announced company metrics for February 2013, which marks the first time that total client assets at the company have surpassed $500 billion.
Additionally, ISI Group reported on Mar. 12 that it has maintained a “Buy” rating on brokerage services provider, AMTD. The firm has reaffirmed a “Buy” rating and $23 price target on AMTD.
Should Investors Consider AMTD After The Recent price Action? Get Free Trend Analysis Here
Micron Technology, Inc. (NASDAQ:MU) shares increased 2.04% to $9.51. Micron Technology and LFoundry, on Feb. 25, announced that the companies have entered into agreements for LFoundry to acquire Micron Technology Italia, Srl. and all of its semiconductor fabrication facility assets in Avezzano, Italy. Under the agreements, Micron will assign to LFoundry its four-year supply agreement with Aptina to manufacture image sensors at the 200 millimeter Avezzano facility.
Additionally, MU‘s stock had its “neutral” rating reiterated by equities research analysts at Nomura in a research note issued to investors on Mar. 13. They currently have a $8.00 price target on the stock.
Is MU a Strong Buying Opportunity After The Recent Gain? Find out Here
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