Dallas, TX -- (SBWIRE) -- 03/22/2013 -- Marketbuzzreport.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:-
Jamba, Inc. (NASDAQ:JMBA) shares fell 2.46% to $2.78. The company, on Mar. 6, posted a fourth quarter net loss of $7 million, or 9 cents per share, for the period that ended Jan. 1. That compares with a loss of $10.3 million, or 15 cents per share, in the fourth quarter of the prior year. The company's total revenue was essentially flat at $44.2 million, with gains in its franchise and consumer products businesses. Analysts expected a loss of 10 cents per share on revenue of $45.6 million.
How Should Investors Trade JMBA After The Recent Price movement? Find out Here
ABB Ltd (ADR)(NYSE:ABB) shares decreased 2.44% and closed at $22.41. The company, on Mar. 7, announced that it has signed a service contract worth USD 260 million with A/S Norske Shell for delivering integrated service solutions in a nine-year period to the oil platform Draugen and adjacent Ormen Lange off the west coast of Norway. The contract includes an option for two consecutive two-year contracts, covering both oil and gas platform, as well as future extensions, connections and upgrades of these. The contract is prepared for deeper integration of ABB's services, skills and the role of other subcontractors in the projects, such as construction companies and contractors, on the platforms.
Is ABB a Strong Buying Opportunity After The Recent Slump? Find out Here
Toll Brothers Inc (NYSE:TOL) shares fell 2.44% to $35.64. Equities researchers at Sterne Agee assumed coverage on shares of TOL in a report issued on Mar. 15. The firm set an “underperform” rating and a $29.00 price target on the stock.
Additionally, the company released its earnings data on Wednesday, February 20th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by $0.08. The company had revenue of $424.60 million for the quarter, compared to the consensus estimate of $500.63 million.
Is TOL a Buy After The Latest Price Action? Find Out Here
Analog Devices, Inc.(NASDAQ:ADI) shares decreased 2.43% to $44.55 in the last trading session. The company, on Mar. 18, introduced the ADP1051 advanced digital power controller with PMBus(TM) interface targeting ultra-compact, high density isolated DC-to-DC power supply systems with parallel/redundant capability. The ADP1051 is an extremely versatile digital controller with six PWM (pulse width modulation) logic outputs that can be programmed using an easy-to use graphic user interface (GUI) via the PMBus interface.
Is ADI a Buy After The Latest Price Action? Find Out Here
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