Lakeway, TX -- (SBWIRE) -- 03/04/2013 -- vbtrendreport.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:-
Qihoo 360 Technology Co Ltd (NYSE:QIHU) shares gained 4.13% to $32.04. The company announced that it will report its fourth quarter and full year 2012 financial results on Tuesday, March 5, 2013, after the close of U.S. markets. Qihoo 360's management will host a conference call to discuss the results at 7:30 p.m. Eastern Time on March 5, 2013 (8:30 a.m. Beijing time on March 6, 2013).
Additionally, the company recently announced that 360 Search will cooperate with Jike Search on a number of businesses. By cooperating with Jike Search, 360 Search will be able to access Jike’s search results for data from the State Food and Drug Administration (SFDA).
How Should Investors Trade QIHU After The Solid Jump? Let’s Find Out Here
Radian Group Inc. (NYSE:RDN) shares climbed 4.09% and closed at $9.17. The company, on Feb. 27, announced that the underwriters of its previously announced concurrent public offerings of common stock and convertible senior notes due 2019 have exercised in full their options to purchase an additional 5.1 million shares of common stock and an additional $50 million principal amount of notes from the Company at the public offering price, less underwriting discounts and commissions.
Additionally, the company will begin trading ex-dividend on February 21, 2013. A cash dividend payment of $0.0025 per share is scheduled to be paid on March 06, 2013. Shareholders who purchased RDN stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 19th quarter that RDN has paid the same dividend.
Is RDN Ready To Jump Again After The Solid Momentum? Get Free Trend Analysis Here
Lions Gate Entertainment Corp. (USA) (NYSE:LGF) shares jumped 3.96% and closed at $21.80 in the last trading session. The company, on Feb. 12, reported a quarterly profit that beat analysts’ estimates. Net income was $37.8 million, or 27 cents a share, in the third quarter ended Dec. 31, versus a loss of $1.4 million, or 1 cent, a year earlier. Sales more than doubled to $743.6 million, beating estimates of $719.5 million. Profit exceeded the 24-cent average of analysts’ projections.
Is LGF Buy After The Recent Price Movement? Find Out Here
Ellie Mae Inc (NYSE:ELLI) shares jumped 3.89% to $21.09. ELLI’s shares had its target price lifted by Maxim Group from $28.00 to $30.00 in a research note issued to investors on Feb. 15. The firm currently has a buy rating on the stock.
Additionally, the company, on Feb. 14, reported results for the fourth quarter and fiscal year ended December 31, 2012. Total revenue for the fourth quarter of 2012 increased 60% to $29.9 million, compared to $18.8 million in the fourth quarter of 2011. Net income for the fourth quarter of 2012 was $4.0 million, or $0.14 per diluted share, compared to net income of $1.8 million, or $0.08 per diluted share, in the fourth quarter of 2011.
Is ELLI Buy After The Recent Price Movement? Find Out Here
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