Lakeway, NY -- (SBWIRE) -- 03/19/2013 -- 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:-
Host Hotels and Resorts Inc (NYSE:HST) shares fell 2.20% to $17.34. Fitch Ratings, on Feb. 28, has upgraded the credit ratings of HST and its operating partnership.
Additionally, the company, on Feb. 21, said its net income fell to $15 million from last year's $17 million, while earnings per share were flat with last year's $0.02. On a continuing operations basis, earnings dropped from last year. FFO increased to $293 million from last year's $224 million. FFO per share was $0.40, a growth of 29 percent from last year's $0.31. Adjusted FFO grew to $298 million or $0.40 per share. Analysts expected earnings of $0.38 per share for the quarter. Total quarterly revenues grew 7 percent to $1.75 billion from the previous year's $1.63 billion, while 17 analysts estimated revenues of $1.72 billion.
Is HST a Strong Buy After The Recent Surge? Let’s Find out Here
Brookdale Senior Living, Inc.(NYSE:BKD) shares fell 2.17% to $27.48. BKD’s stock was downgraded by equities research analysts at Macquarie from a “neutral” rating to an “underperform” rating in a research note issued to investors on Mar. 12.
Additionally, the company issued its quarterly earnings data on Monday, February 11th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by $0.13. The company had revenue of $699.75 million for the quarter, compared to the consensus estimate of $699.55 million.
Is BKD a Strong Buying Opportunity After The Recent Gain? Find out Here
Micron Technology, Inc. (NASDAQ:MU) shares decreased 2.03% to $9.18. MU‘s stock had its “outperform” rating reaffirmed by Wedbush in a research note issued on Mar. 18. They currently have a $11.00 price target on the stock, up from their previous price target of $10.00.
Additionally, 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.
Should Investors Consider MU After The Recent price Action? Get Free Trend Analysis Here
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