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Notable Movers: Agrium, TAL International, Chesapeake, Responsys,

 
 
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Lakeway, TX -- (SBWIRE) -- 02/21/2013 -- 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:-

Activist hedge fund Jana Partners boosts its stake in Agrium (AGU -2.6%) to 7.5%, and several Jana nominees to AGU's board also have bought shares. Jana, AGU’s biggest shareholder, now owns 11.2M shares, according to an SEC filing, an increase from its 6.6% stake when settlement talks over the changes it wants at the fertilizer company ended earlier this month.

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

Shares of TAL International (TAL -8.1%) slump after the company announces a new secondary offering from a group of selling shareholders. In aggregate, 4.036M shares will swap hands.

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

Not heard on Chesapeake's (CHK -0.9%) conference call: Aubrey McClendon. In another sign of change, CHK said it has hedged 50% of its projected 2013 natural gas production; a year ago, it hadn’t hedged any of its gas for 2012, and was clobbered as prices tanked. CFO Dominic Dell'Osso reiterated CHK's commitment to pay down debt, but still with $12B in long-term liabilities, Credit Suisse fears CHK may be backing away from its earlier $9.5B debt reduction target.

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

Responsys (MKTG +22%) surges after beating Q4 estimates and issuing solid top-line guidance. The online marketing software firm, which went into earnings down sharply from summer levels, expects 2013 revenue of $188M-$192M and EPS of $0.16-$0.18 vs. a consensus of $185.8M and $0.22. Q1 guidance is for revenue of $43M-$45M and EPS of $0.05 vs. a consensus of $43.6M and $0.05. Responsys mentioned on its earnings call it added 14 customers in Q4, raising its count to 413.

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

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