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Notable Losers: Suntech Power Holdings Co, W&T Offshore, Inc. (NYSE:WTI), AuRico Gold Inc, Trina Solar Limited (ADR) (NYSE:TSL)

 
 
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Lakeway, NY -- (SBWIRE) -- 02/28/2013 -- 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:-

Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) went down 4.17% and closed at $1.38 on a traded volume of 2.37 million shares. So far this year, the stock is down over 5%. The 52-week range for the stock is $0.71 and $3.68. Suntech is principally engaged in the design, development, manufacturing and marketing of photovoltaic products and also provides engineering, procurement and construction services to building solar power systems using its own solar modules for residential, commercial, and utility-scale power plant customers.

Get Latest News, Updates on STP Here

W&T Offshore, Inc. (NYSE:WTI) slipped 4.05% and closed at $15.16 on a traded volume of 1.17 million shares. Revenues for the fourth quarter of 2012 were $237.1 million compared to $261.9 million in the fourth quarter of 201. The net income of $16.7 million or $0.21 per common share, compared to net income of $46.1 million or $0.61 per common share for the same period in 2011.

Is WTI a Strong Buying Opportunity After The Recent Slump? Find out Here

AuRico Gold Inc. (USA) (NYSE:AUQ) went down 4.03% and closed at $6.43 on a traded volume of 2.40 million shares. AuRico Gold Inc. announced that as part of the Company's long-term strategy to maximize shareholder value, the Board of Directors has approved the implementation of a new, two-tiered dividend policy. The Company will pay an annual dividend of $0.16 per common share in 2013. The first quarterly dividend is expected to be declared on March 25, 2013.

Is AUQ Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here

Trina Solar Limited (ADR) (NYSE:TSL) slipped 4.01% and closed at $4.07 on a traded volume of 3.04 million shares. The Company released fourth quarter results. Solar module shipments were approximately 415 MW for the fourth quarter of 2012 compared to approximately 380 MW during the third quarter of 2012. Net revenues were $302.7 million, an increase of 1.6% sequentially. Gross profit was $5.6 million, an increase of 139.1% sequentially. The net loss was $87.2 million compared to net loss of $57.5 million in the third quarter of 2012. Loss per fully diluted American Depositary Share was $1.23 compared to $0.81 in the third quarter of 2012.

Is TSL a Strong Buying Opportunity After The Recent Slump? Find out Here

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