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Investors Review: Terex Corporation, The Blackstone Group, The Kroger Co, U.S. Silica Holdings Inc

 
 
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Dallas, TX -- (SBWIRE) -- 03/11/2013 -- 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:-

Terex Corporation (NYSE:TEX) shares gained 3.04% and closed at $34.52. The company, on Feb. 19, announced that for fiscal 2013 it expects earnings per share (EPS) to be between $2.40 and $2.70 (excluding restructuring and unusual items) on net sales of between $7.9 billion and $8.3 billion. The Company expects to generate more than $500 million in free cash flow during 2013, with an aim to further reduce outstanding indebtedness. Analysts are expecting the Company to report revenue of $7.5 billion and EPS of $2.03 for fiscal 2013.

Is TEX a Strong Buy After The Recent Gain? Let’s Find out Here

The Blackstone Group L.P.(NYSE:BX) shares climbed 3.04% to $19.63. Blackstone Group LP and TPG Capital have placed separate final bids for Australia's largest poultry producer, Inghams Chicken, sources with direct knowledge of the matter told Reuters last week. The bids could value the privately owned company at around A$800 million dollars ($821 million), according to sources.

Is BX a Strong Buying Opportunity After The Recent Slump? Find out Here

The Kroger Co.(NYSE:KR) shares jumped 3.04% to $31.17 after BMO Capital reported on Mar. 8 that it has raised its price target on The Kroger Co. (KR). Karen Short, an analyst from the firm has maintained an “Outperform” rating on the company and has increased her price target on KR from $25 to $32.

Additionally, the company, on Mar. 7, reported fourth quarter EPS of $0.77, $0.07 better than the analyst estimate of $0.70. Revenue for the quarter came in at $24.2 million versus the consensus estmate of $24.01 million. Full-year net earnings for fiscal 2013 are expected to range from $2.71 to $2.79 per diluted share.

Should Investors Consider KR After The Recent price Action? Get Free Trend Analysis Here

U.S. Silica Holdings Inc (NYSE:SLCA) shares jumped 3.04% and closed at $26.43. The company, on Feb. 26, reported fourth quarter net income of $21.8 million or $0.41 per share, compared to $10.0 million or $0.20 per share for the year-ago quarter. Revenue for the fourth quarter rose 42% to $118.8 million from $83.6 million a year ago. Analysts expected the company to earn $0.32 per share on revenue of $108.73 million for the fourth quarter.

Should Investors Consider SLCA After The Recent price Action? Get Free Trend Analysis Here

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