Lakeway, NY -- (SBWIRE) -- 03/08/2013 -- 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:-
MRC Global Inc (NYSE:MRC) shares gained 2.21% to $30. The company yesterday announced that in connection with the previously announced public offering of 23 million shares of the company's common stock by PVF Holdings LLC, the company's majority stockholder, the underwriters have exercised their option to purchase an additional 3.45 million shares at a price to the public of $28.00 per share. As a result, PVF Holdings LLC will sell a total of 26.45 million shares in the offering. The offering is expected to close on March 12, 2013, subject to the satisfaction of customary closing conditions. The company will not receive any of the proceeds of the offering.
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Noble Energy, Inc. (NYSE:NBL) shares climbed 2.21% and closed at $112.35. Goldman Sachs lowered shares of NBL from a conviction-buy rating to a buy rating in a research report released on Feb. 27. Goldman Sachs currently has $134.00 price target on the stock. Additionally, analysts at S&P Equity Research downgraded shares of Noble Energy from a buy rating to a hold rating in a research note to investors on Feb. 19. They now have a $41.00 price target on the stock, down previously from $43.00.
Is NBL a Strong Buying Opportunity After The Recent Gain? Find out Here
Activision Blizzard, Inc. (NASDAQ:ATVI) shares increased 2.18% and closed at $14.97 in yesterday’s session. ATVI‘s stock had its “buy” rating restated by equities researchers at Brean Murray in a report issued on Feb. 19.
Additionally, the company released its earnings data on Feb. 7. The company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.06. The company had revenue of $2.60 billion for the quarter, compared to the consensus estimate of $2.44 billion.
Is ATVI Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here
HMS Holdings Corp. (NASDAQ:HMSY) shares climbed 2.18% and closed at $30.91. The company, on Feb. 22, posted fourth-quarter net income and comprehensive income of $19.99 million or $0.23 per share, compared to $11.13 million or $0.13 per share in the corresponding quarter previous year. Adjusted earnings per share for the fourth quarter increased to $0.27. Analysts expected the company to report earnings of $0.14 per share for the quarter. Revenue increased to $133.10 million from $99.67 million in the comparable quarter last year, while analysts had consensus revenue estimate of $134.57 million for the quarter.
Is HMSY Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here
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