Lakeway, NY -- (SBWIRE) -- 03/19/2013 -- 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:-
UBS AG (USA) (NYSE:UBS) shares fell 2.26% to $16.01. The company, on Feb. 25, announced that the firm has completed its agreed acquisition of Link Investimentos, Brazil's largest independent brokerage firm.Link Investimentos has been at the top of the BM&FBovespa ranking of derivatives transactions for the last 11 years, having traded 217 million contracts in 2012, representing a 16% market share. Also in 2012, Link achieved the second position in the BM&FBovespa ranking of shares transactions, with a total volume of BRL 316,893 million, representing an 8.9% market share. UBS Brasil will also incorporate Link's research department, which has consistently figured in the Central Bank's "Top 5" ranking.
Is UBS a Strong Buy After The Recent Gain? Let’s Find out Here
Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) shares dropped 2.25% to $21.32. The company, on Feb. 21, announced the appointment of Jonathan E. Dickinson to the position of General Manager, ARIAD Pharmaceuticals (Europe), Sàrl. Mr. Dickinson is a seasoned commercial executive bringing more than 20 years of pharmaceutical-industry experience to ARIAD, with special emphasis on global and pan-European leadership of several important cancer medicines.
Is ARIA a Strong Buy After The Recent Gain? Let’s Find out Here
Forest Oil Corporation (NYSE:FST) shares fell 2.20% to $6.21. Analysts at Howard Weil lowered their price target on shares of FST from $9.00 to $7.00 in a research report issued to clients and investors on Mar. 4. The firm currently has a “sector perform” rating on the stock.
The company, on Feb. 20, announced financial and operational results for the fourth quarter and full-year 2012 and provided year-end estimated proved reserves. For the three months ended December 31, 2012, Forest reported a net loss of $287 million, or $(2.48) per diluted share. Adjusted net earnings and earnings per share on a diluted basis was $17 million, or $0.14 per diluted share, compared to $20 million, or $0.18 per diluted share, in the corresponding 2011 period.
Is FST Signaling a Buy Signal After The recent Volatility? Let’s Find out Here
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