Lakeway, NY -- (SBWIRE) -- 03/22/2013 -- 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:-
Owens-Illinois Inc (NYSE:OI) shares fell 2.82% and closed at $26.88. OI‘s stock had its “buy” rating reaffirmed by Jefferies Group in a research note issued on Mar. 11. They currently have a $33.00 price target on the stock.
Additionally, the company, on Feb. 23, announced the successful completion of its campaign to support the United Way of Greater Toledo, raising funds and securing volunteer hour pledges to support the community.
Get Latest News, Updates on OI Here
Tata Motors Limited (ADR) (NYSE:TTM) shares fell 2.79% to $25.39. The company last month said quarterly profit fell by more than half as earnings dropped at its Jaguar Land Rover business and a weak economy sapped vehicle sales at home. The company reported that its October-December net profit fell to 16.2 billion rupees ($302 million) from 34 billion rupees a year earlier. Jaguar Land Rover, which contributes the bulk of Tata's earnings, suffered a 25 percent fall in quarterly profit to 296 million pounds ($459 million) partly due to marketing and launch costs for a new line or Range Rover vehicles.
Is TTM a Strong Buying Opportunity After The Recent Slump? Find out Here
Quanta Services Inc(NYSE:PWR) shares decreased 2.85% to $28.61 in the last trading session. The company, on Feb. 21, announced that for the first quarter of 2013, it expects revenues to range between $1.3 billion and $1.4 billion, diluted earnings per share from continuing operations to be $0.28 to $0.30 and adjusted diluted earnings per share from continuing operations (a non-GAAP measure) to be $0.31 to $0.33. For fiscal 2013, the Company expects revenues to range between $5.7 billion and $6.2 billion, diluted earnings per share from continuing operations to be between $1.10 and $1.40 and adjusted diluted earnings per share (EPS) from continuing operations range from $1.23 to $1.53. Analysts on an average are expecting the Company to report revenue of $1.4 billion and EPS of $0.27 for the first quarter of 2013; and revenue of $6.4 billion and EPS of $1.49 for fiscal 2013.
Is PWR Signaling a Buy After The Sudden Slump? Don’t Miss Out Free Trend Analysis Here
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