Dallas, TX -- (SBWIRE) -- 03/12/2013 -- Marketbuzzreport.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:-
L Cincinnati Bell Inc. (NYSE:CBB) shares increased 5.94% to $3.39. The company, on Feb. 27, said that fourth quarter revenue increased 3% to $375 million. Due to special items, net income resulted in a $9.8 million loss, or a loss of 6 cents per share. Net income increased 20.6% for the quarter. Analysts expected earnings of $0.05 on revenue of 367.72 million.
How Should Investors Trade CBB After The Recent Price movement? Find out Here
Radian Group Inc. (NYSE:RDN) shares climbed 5.88% to $10.09. The company, on Mar. 5, announced that it has completed its previously announced concurrent public offerings of 39.1 million shares of common stock and $400 million principal amount of convertible senior notes due 2019. The Company received aggregate net proceeds, after underwriting discounts and commissions and estimated offering expenses, of approximately $299.5 million from the Common Stock Offering and $389.8 million from the Convertible Notes Offering.
Is RDN a Strong Buying Opportunity After The Recent Slump? Find out Here
Pengrowth Energy Corp (USA)(NYSE:PGH) shares climbed 5.71% to $5.37. Analysts at Scotiabank decreased their price target on shares of PGH from $8.75 to $8.00 in a research report issued to clients and investors on Mar. 1.
Additionally, the Company, on Feb. 13, announced that its March 15, 2013 cash dividend will be CAD0.04 per common share. The ex-dividend date is Feb.21, 2013. The dividend will be payable to all shareholders who hold Pengrowth shares at the close of business on the record date of February 25, 2013.
Is PGH a Buy After The Latest Price Action? Find Out Here
Mitsubishi UFJ Financial Group Inc (ADR) (NYSE:MTU) shares gained 5.66% to $5.97. The company, on Feb. 28, announced that it has appointed Nobuyuki Hirano as the new President of the Company, to replace Katsunori Nagayasu, effective April 1, 2013. The company is a Japan-based company mainly engaged in the banking business. The Company is also involved in trust banking business, security business, credit card business, leasing business and other businesses.
Is MTU a Buy After The Latest Price Action? Find Out Here
Marketbuzzreport.com is engaged in providing the most up to date and useful information on Microcap Stocks poised to breakout. Marketbuzzreport.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.marketbuzzreport.com
The assembled information disseminated by Marketbuzzreport.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Marketbuzzreport.com does expect that investors will buy and sell securities based on information assembled and presented in Marketbuzzreport.com. PLEASE always do your own due diligence, and consult your financial advisor.
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-321-1250 (International)