News Buzz: Charter Financial Corp, Amtech Systems, Altra Holdings, MELA Sciences

Lakeway, TX -- (SBWIRE) -- 02/19/2013 -- 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:-

Charter Financial Corp (NASDAQ:CHFN) went up 6.28% and closed at 9.87 on a traded volume of 400k shares.The Company announced that the proposed holding company for CharterBank, and First Charter, MHC have received regulatory approval to commence Charter Financial's stock offering in connection with First Charter, MHC's proposed second-step conversion to the stock holding company form of organization. The Company also announced today that the registration statement relating to the sale of common stock of Charter Financial has been declared effective by the Securities and Exchange Commission.

Is CHFN a Buy After The Latest Announcement? Find out Here

Amtech Systems, Inc. (NASDAQ:ASYS) increased 6.26% and closed at $4.75 on a traded volume of 69k shares.The Company announced that its solar subsidiary, Tempress Systems, Inc. has received approximately $5.3 million in new solar orders for its diffusion processing systems from one of its key customers for their new multi-hundred megawatt capacity expansion. These systems are expected to ship within the next six months.

Is ASYS a Buy after the Solid report? Get Special Coverage Here

Altra Holdings, Inc. (NASDAQ:AIMC)moved up 6.12% and closed at $26.51 on a traded volume of 255k shares. The Company announced unaudited financial results for the fourth quarter and year ended December 31, 2012. The net sales increased 3.2% to $177.2 million. The Lamiflex acquisition contributed 75 basis points of the sales increase. The fourth quarter income from operations was $15.6 million compared to $14.7 million in the fourth quarter of 2011. Non-GAAP income from operations increased 25.9% to $18.9 million in the fourth quarter of 201.

How Should Investors Trade AIMC After The Latest Earnings Report? Find Out Here

MELA Sciences, Inc. (NASDAQ:MELA)augmented 6.04% and closed at $1.58 on a traded volume of 581k shares.The Company announced the pricing of an underwritten offering of 6,100,000 shares of its common stock at an offering price of $1.30 per share. The net proceeds from the sale of the shares after underwriting discounts and commissions and other offering expenses are expected to be approximately $7.3 million.

How Should Investors Trade MELA After The Latest Earnings Report? Find Out Here

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