Lakeway, TX -- (SBWIRE) -- 03/06/2013 -- Bestdamnpennystocks, 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:-
Ferro Corporation (NYSE:FOE) declined 3.38% and closed at $6.57 on a traded volume of 5.66 million shares. The Company said it is offloading assets that cannot generate sufficient returns, a day after it rejected A. Schulman Inc.’s $563 million buyout offer. The Company will redeploy, divest or curtail assets, Ferro said in its fourth-quarter earnings statement. The Company was reviewing its product lines to determine potential to create value and generate cash.
Deutsche Bank downgraded Ferro Corporation from buy to hold with a $6.50 price target.
How Should Investors Trade FOE After The Recent Volatile Moves? Find Out Here
International Monetary Systems, Ltd. (PINK: ITNM) closed at $0.680. The Ex-InterMune Inc. Chief Executive Officer W. Scott Harkonen’s fraud conviction for disseminating misleading information about a drug’s clinical trial was upheld by an appeals court that rejected his free speech arguments.
Is ITMN Showing Any Sign of Buy At The Current Market Price? Get Our Free Trend Analysis Here
3D Systems Corporation (NYSE:DDD) went down 3.34% and closed at $34.47 on a traded volume of 3.81 million shares. In the last one year, the stock is up over 129%. The 52-week range for the stock is $13.93 and $47.99. 3D Systems Corporation is a holding company that operates through subsidiaries in the United States, Europe and the Asia-Pacific region. The Company is a provider of three-dimensional content-to-print solutions including 3D printers, print materials and on-demand custom parts services for professionals and consumers.
Can DDD Rebound After The Recent Slump and Investors Can Make Money? Find Out Here
CommonWealth REIT (NYSE:CWH) moved down 3.26% and closed at $23.12 on a traded volume of 9.33 million shares. The Company has closed on its previously announced sale of 34.5 million shares of common stock after withstanding an investor-led revolt seeking to block the transaction.
Is CWH Ready To Move Back To New Highs This Year? Find Out Here
Best Damn Penny Stocks’ team is engaged in providing stock newsletters on various hot penny stocks on a regular basis. Our instant stock news on Major Gainers, small cap penny stocks and various other stocks, guides investors in making the wise stock market investments decision. In order to get update to the markets, we would advise you sign up to our free newsletters. You can become leader in stock market by keeping track of the daily activity.
The assembled information disseminated by Bestdamnpennystocks.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Bestdamnpennystocks.com does expect that investors will buy and sell securities based on information assembled and presented in Bestdamnpennystocks.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)