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News Buzz: ValueClick, Caesars Entertainment Corp, Silvercorp Metals, New Oriental Education & Tech Grp

 
 
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Lakeway, TX -- (SBWIRE) -- 03/18/2013 -- 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:-

ValueClick Inc(NASDAQ:VCLK) shares gained 9.59% to $30.41 after Jefferies on Mar. 18 upgraded ValueClick from Hold to Buy with a price target of $35.00 (from $23.00).

Additionally, the company, on Feb. 13, announced that for the first quarter of 2013, it expects revenue to be in the range of $165-$168 million, adjusted EBITDA in the range of $53-$55 million, non-GAAP diluted net income per common share (EPS) $0.39-$0.41 and GAAP diluted net income per common share $0.30-$0.31. Analysts are expecting the Company to report revenue of $165 million, EBITDA of $52 million and EPS of $0.39 for first quarter of 2013.

How Should Investors Trade VCLK After The Recent Movement? Find Out Here

Caesars Entertainment Corp (NASDAQ:CZR) shares climbed 3.60% to $17.54. The company, on Feb. 25, reported fourth-quarter revenues of $2.02 billion, down from $2.11 billion in the prior year. The company posted a fourth quarter net loss of $469.7 million or $3.75 per share, compared with a net loss of $220.6 or $1.76 per share a year ago. Analysts estimated revenues of $2.11 billion and a loss of $2.04 per share for the quarter.

Is CZR Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here

Silvercorp Metals Inc. (USA) (NYSE:SVM) shares gained 5.21% to $3.84. The company, on Feb. 13, announced that for fiscal 2014, the Company expects to increase ore production to 1.5 million tonnes, and will produce 6.7 million ounces of silver, 20,800 ounces of gold, 104.7 million pounds of lead and zinc, 300,000 pounds of tin and 20.5 million pounds of sulphur.

Is SVM a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here

New Oriental Education & Tech Grp (ADR) (NYSE:EDU) shares increased 5.43% to $16.89. The 52 week trading range for the company is $9.41 - $29.19. The company is a provider of private educational services in China based on the number of program offerings, total student enrollments and geographic presence.

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

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