Lakeway, TX -- (SBWIRE) -- 02/07/2013 -- 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:-
BreitBurn Energy Partners L.P. (NASDAQ:BBEP) shares declined 4.02% to $19.80 in the early hour after the company announced today the pricing of its public offering of 13,000,000 common units representing limited partner interests at a price to the public of $19.86 per unit. The Partnership has granted to the underwriters a 30-day option to purchase up to an additional 1,950,000 common units from the Partnership. The offering is expected to close on February 12, 2013, subject to customary closing conditions.
Is BBEP after A Solid Pop Up? Find Out Here
Monster Worldwide, Inc. (NYSE:MWW) shares dropped 10.94% to $5.21 after the company reported that its fourth-quarter consolidated loss was $73 million or a loss per share of $0.66 per share compared to net income of $11 million or earnings per share of $0.09 for the same period a year ago. The consolidated loss for the fourth quarter 2012 includes a loss from discontinued operations, net of tax, of $68 million, or a loss per share of $0.61, of which $53 million is non-cash asset write-offs. Non-GAAP net income from continuing operations of $8.7 million, or $0.08 per share, compares to $22 million, or $0.18 per share in the fourth quarter 2011. Analysts expected the company to report earnings of $0.08 per share for the quarter.
How Should Investors Trade MWW After The recent Report? Find Out Here
Bunge Limited (NYSE:BG) shares declined 5.85% to $74.74 in the morning hour after the company announced that Alberto Weisser will retire as Chief Executive Officer (CEO) effective June 1, 2013. The Board of Directors has appointed Soren Schroder, currently CEO of Bunge North America, to succeed Mr. Weisser as CEO of the Company, and expects Mr. Schroder to become a director before June 1. The Board also appointed Mr. Weisser as Executive Chairman, serving until December 31, 2013.
Additionally, the company also reported a net loss of $610 million, or $4.17 per share, in the quarter ended December 31, compared with a profit of $245 million, or $1.65 per share, a year earlier. Adjusted earnings were 57 cents per share, below analysts' estimates of $2.36 per share. Revenue rose 9 percent to $17.04 billion.
Why Should Investors Consider Buying BG Now? Find Out Here
Atmel Corporation (NASDAQ:ATML) shares dropped 12.18% to $6.27 after the company today announced that Steve Laub, President and Chief Executive Officer, will present at the 2013 Goldman Sachs Technology and Internet Conference on Thursday, February 14 at the Palace Hotel in San Francisco at 9:00 a.m. Pacific Time (12:00 p.m. Eastern Time).
Additionally, the company yesterday announced that for first quarter of 2013, it expects revenue to be in the range of $311-$328 million. Analysts are expecting the Company to report revenue of $328 million for first quarter of 2013.
How Should Investors Trade ATML After The recent Report? Find Out Here
OXiGENE, Inc. (NASDAQ:OXGN) shares climbed 21.41% to $5.33 in the early hour after the company yesterday announced that the randomized Phase 2 study evaluating the combination of ZYBRESTAT® (fosbretabulin tromethamine or CA4P) and Avastin® (bevacizumab) to treat patients with persistent or recurrent ovarian cancer has again demonstrated acceptable tolerability in the second and final scheduled interim toxicity analysis.
Is OXGN Still a Buy After The Recent momentum? Find Out Here
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