Hot Stocks: ABB Ltd (ADR)(NYSE:ABB), Rowan Companies PLC, Citrix Systems, Inc.(NASDAQ:CTXS), Cirrus Logic, Inc.(NASDAQ:CRUS)

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:-

ABB Ltd (ADR)(NYSE:ABB) shares decreased 2.20% and closed at $22.66. The company, on Mar. 7, announced that it has signed a service contract worth USD 260 million with A/S Norske Shell for delivering integrated service solutions in a nine-year period to the oil platform Draugen and adjacent Ormen Lange off the west coast of Norway. The contract includes an option for two consecutive two-year contracts, covering both oil and gas platform, as well as future extensions, connections and upgrades of these. The contract is prepared for deeper integration of ABB's services, skills and the role of other subcontractors in the projects, such as construction companies and contractors, on the platforms.

Get Latest News, Updates on ABB Here

Rowan Companies PLC(NYSE:RDC) shares declined 2.18% to $35 in the last trading session. The company announced that its monthly report of drilling rig status and contract information has been updated as of March 14, 2013. The report titled "Monthly Fleet Status Report," can be found on the Company's website www.rowancompanies.com on the Home page. The Company will not realize any day rate revenue during periods of off rate time, and crew costs will be capitalized during rig modifications and/or upgrades.

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

Citrix Systems, Inc.(NASDAQ:CTXS) shares dropped 2.17% and closed at $72.19 in the previous trading session. The company, on Mar. 14, announced that the company received the highest possible rating of "Strong Positive" in Gartner Inc.'s "MarketScope for Enterprise File Synchronization & Sharing (EFSS)." The report assesses Citrix ShareFile?, the foundation of the company's follow-me data strategy. Citrix was evaluated for its corporate viability, product, business and product strategy, innovation and customer experience.

Is CTXS Signaling a Buy After The Sudden Slump? Don’t Miss Out Free Trend Analysis Here

Cirrus Logic, Inc.(NASDAQ:CRUS) shares fell 2.13% to $22.96. CRUS‘s stock had its “buy” rating reaffirmed by research analysts at Stifel Nicolaus in a report released on Mar. 13. They currently have a $42.00 target price on the stock. Additionally, analysts at TheStreet reiterated a “buy” rating on shares of Cirrus Logic in a research note to investors on Mar. 1.

Is CRUS Signaling a Buy After The Sudden Slump? Don’t Miss Out Free Trend Analysis Here

About ThePennyStockProfiler.com
ThePennyStockProfiler.com is engaged in providing the most up to date and useful information on Microcap Stocks poised to breakout. ThePennyStockProfiler.com also provides investors with trend analysis, detailed company profiles, and most importantly a much needed "informational edge" which can be used as a tool for making investment decisions. To Receive Instant updates in the inbox, readers are advised to sign up for free at http://www.ThePennyStockProfiler.com

Disclaimer
The assembled information disseminated by ThePennyStockProfiler.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. ThePennyStockProfiler.com does expect that investors will buy and sell securities based on information assembled and presented in phd-trading.com. PLEASE always do your own due diligence, and consult your financial advisor.