Dallas, TX -- (SBWIRE) -- 03/18/2013 -- 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:-
Universal Display Corporation (NASDAQ:PANL) shares increased 2.20% to $32.97. The company, on Mar. 5, said it expects OLED televisions to take off in 2014 and will bank on smartphones until then. OLED displays, which offer better color, contrast and power efficiency than LCDs, are commonly used in mobile phones and are billed the next big thing in TV display.
Additionally, the company on Feb. 27 reported fourth quarter net income of $5.39 million, versus $5.73 million in the prior-year quarter. However, earnings per share remained flat with last year at $0.12. Analysts expected the company to report earnings of $0.13 per share for the quarter. Revenues for the quarter surged 51 percent to $28.13 million from $18.66 million in the same quarter last year, and topped analysts' consensus estimate of $26.44 million.
Is PANL a Strong Buy After The Recent Gain? Let’s Find out Here
Titan International Inc (NYSE:TWI) stock gained 2.05% to $21.95. The company on Mar. 11 announced the closing of its offering of $325,000,000 aggregate principal amount of its 7.875% Senior Secured Notes due 2017.
Additionally, the company, on Feb. 25, reported fourth-quarter net loss of $3.5 million or $0.07 per share, compared to net income of $14.5 million or $0.29 per share in the year-ago period. Adjusted net income for the fourth quarter was $4.1 million or $0.09 per share. Sales rose to $493.64 million from $402.92 million in the prior year quarter. Analysts expected the company to earn $0.47 per share on revenue of $560.08 million.
Is TWI a Strong Buying Opportunity After The Recent Slump? Find out Here
SAIC, Inc. (NYSE:SAI) shares gained 1.95% to $12.53. SAI’s stock was downgraded by equities researchers at RBC Capital from a “sector perform” rating to an “underperform” rating in a report issued recently. They currently have a $11.00 target price on the stock, down from their previous target price of $12.00.
Additionally, the company, on Mar. 11, announced it was awarded a prime contract by the U.S. Navy's Space and Naval Warfare Systems Center Pacific (SSC Pacific) to provide technical and engineering support for maritime intelligence, surveillance, reconnaissance and information operations (ISR/IO) for emerging and existing U.S. Navy and joint command, control, communications, computers and intelligence, surveillance and reconnaissance (C4ISR) systems.
Should Investors Consider SAI After The Recent price Action? Get Free Trend Analysis 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)