Lakeway, NY -- (SBWIRE) -- 03/13/2013 -- 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:-
Brocade Communications Systems, Inc. (NASDAQ:BRCD) soared 1.52% to $6.03 on a traded volume of 1.78 million shares. The 52-week range for the stock is $4.18 and $6.44. The Company has Price/Sales ratio of 1.18 and Price/Book ratio of 1.23. The 50-Day Moving Average and 200-Day Moving Average prices is $5.75 and $5.71 respectively.
Get Latest News, Updates on BRCD Here
Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) went up 1.44% to $17.99 on a traded volume of 3.98 million shares. UBS downgraded Taiwan Semiconductor Manufacturing Co. Ltd. from buy to neutral. Taiwan Semiconductor Manufacturing Co., Ltd. is principally engaged in the research, development, manufacture and distribution of integrated circuit related products.
Is TSM a Strong Buying Opportunity After The Recent Gain? Find out Here
EMC Corporation (NYSE:EMC) went up 1.90% to $24.93 on a traded volume of 12.87 million shares. According to EMC Chief Executive Joe Tucci, EMC Corp plans to create a new company called Pivotal that would be 69% owned by EMC and 31% owned by its publicly traded affiliate VMware Inc. Tucci also said at an investor meeting that his plan would be to eventually take Pivotal public and to create its own equity so that it could attract some strategic investors.
Is EMC Signaling a Buy After The Solid gain? Don’t Miss Out Free Trend Analysis Here
The Blackstone Group L.P. (NYSE:BX) increased 1.40% to $20.28 on a traded volume of 2.52 million shares. Mivisa Group, the Spanish food-can maker partly owned by Blackstone Group LP plans a 145 million- euro loan to help pay its owners a dividend.
Is BX a Strong Buying Opportunity After The Recent Surge? Get Free Trend Analysis Here
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