Lakeway, TX -- (SBWIRE) -- 03/04/2013 -- 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:-
GT Advanced Technologies Inc(NASDAQ:GTAT) shares fell 4.68% to $2.65. The company released its fourth quarter results last week. The company posted revenue of$102.3 million in the fourth quarter, as compared to revenue of $153.0 million in the year ago period. Fourth quarter net loss was $159.4 million compared to $15.3 million in the same period last year.
How Should Investors Trade GTAT After The Recent Movement? Find Out Here
Affymax, Inc.(NASDAQ:AFFY) shares declined 4.48% to $2.56. Ryan & Maniskas, LLP, last week, annnounced that a class action lawsuit has been filed in the United States District Court for the United States District Court for the Northern District of California on behalf of purchasers of AFFY common stock during the period between December 8, 2011 and February 22, 2013.
Additionally, Affymax announced last week that AFFY and Japanese partner Takeda Pharmaceutical (PINK:TKPYY) were pulling back injectable units of its anemia drug Omontys amid news of severe reactions and even death in some patients.
Is AFFY Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here
Foster Wheeler AG(NASDAQ:FWLT) shares plunged 2.97% to $19.62. The company last week reported fourth quarter net income of $6.30 million or $0.06 per share. Adjusted net income for the quarter was $28.94 million or $0.27 per share. Analysts expected the company to report earnings of $0.46 per share for the quarter. Operating revenues for the quarter declined to $735.28 million from $1.13 billion in the same quarter last year, and missed analysts' consensus estimate of $976.55 million.
Additionally, Canaccord Genuity today reiterated its Buy rating on FWLT’s shares, but lowered its price target from $34.50 to $30.00.
Is FWLT a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here
National Bank of Greece (ADR)(NYSE:NBG) shares fell 3.09% to $1.19. Eurobank Ergasias SA on Feb. 22 announced that following the completion of National Bank Of Greece SA's (NBG) voluntary tender offer addressed to Eurobank’s ordinary shareholders, NBG acquired on February 20, 2013, 466,397,790 ordinary shares with voting rights, issued by Eurobank, representing 84.35% of its ordinary shares with voting rights. As a result of this transaction, the percentage of the voting rights held in total (directly and indirectly) in Eurobank by NBG stands as of February 20, 2013, from 0.40% to 84.75%.
How Should Investors Trade NBG After The Latest Earnings Report? Find Out Here
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