Lakeway, NY -- (SBWIRE) -- 02/22/2013 -- 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:-
OfficeMax Incorporated (NYSE:OMX) shares dropped 3.72% to $11.64. Office Depot Inc will acquire smaller rival OfficeMax Inc in a $976 million all-stock deal, the companies said on Feb. 20, confirming an agreement inadvertently announced earlier in the day, before it was completed. The combined entity's name, headquarters and CEO are all undetermined, an unusual level of major decisions yet to be made that points to the integration challenge the companies face.
Is OMX a Still a Buy after the Solid momentum? Let’s Find out Here
InvenSense Inc (NYSE:INVN) shares dropped 3.71% and closed at $13.24 in the last trading session. The company last month announced that it expect fourth quarter 2013 revenue, post- the holiday period, to be in a range of $52-$54 million. Analysts on an average were expecting the Company to report revenues of $53 million for the fourth quarter of 2013.
Is INVN a Strong Buying Opportunity After The Recent Slump? Find out Here
Warner Chilcott Plc (NASDAQ:WCRX) shares fell 3.71% and closed at $13.76. The company, on Feb. 8, forecasted 2013 adjusted earnings below analysts' estimates as it expects research and development expenses to increase with some of its drugs moving into late-stage development. The company expects 2013 revenue of $2.3 billion to $2.4 billion. Analysts on average were expecting $2.38 billion. The company also said it would spend about $115 million to $135 million on research and development in 2013.
Additionally, the company announced that it will issue its fourth quarter and full year 2012 financial results prior to the market opening on Friday, February 22, 2013.
Should WCRX Buy After The Recent Movement? Let’s Find out Here
Qlik Technologies Inc (NASDAQ:QLIK) shares decreased 3.71% to $24.93. The company, on Feb. 14, ssaid its fourth-quarter net income fell to $13.3 million, or 15 cents per share, from $15.6 million, or 18 cents per share, a year earlier. Excluding items, the company earned 25 cents per share. Revenue in the traditionally strong fourth quarter rose about 27 percent to $137.5 million. Analysts had expected adjusted earnings of 23 cents per share on revenue of $126.9 million.
Is QLIK a Strong Buying Opportunity After The Recent Slump? Find out Here
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