Lakeway, TX -- (SBWIRE) -- 02/15/2013 -- 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:-
Weight Watchers International, Inc. (NYSE:WTW) shares fell 17% to $44.91 after the company yesterday announced its plan to launch a modified Dutch auction tender offer for up to $720,000,000 of its common stock at a price per share not less than $72.00 and not greater than $83.00. This price range represents a 4.3% premium to a 20.3% premium to the year-to-date volume-weighted average price of $69.00 per share for the Company's common stock.
Additionally, the company posted fourth quarter 2012 net income was $58.0 million versus $63.7 million in the prior year period. Earnings per fully diluted share (EPS) for Q4 2012 were $1.03 versus $0.86 in the prior year period.
How Should Investors Trade WTW After The Latest Earnings Report? Find Out Here
Whole Foods Market, Inc. (NASDAQ:WFM) stock dropped 9.70% to $87.50 after the company day before yesterday missed the fiscal first-quarter consensus estimate for sales at its existing stores, sending the stock down 5% in late trades. Whole Foods said comparable-store sales rose 7.2% for the quarter ended Jan. 20. Moreover, the company’s same-store sales grew 6.4% from Jan. 21 through Feb. 12 -- a slower rate than the first several weeks of recent quarters. Whole Foods maintained its full-year profit forecast for earnings of $2.83 to $2.87 a share.
Is WFM a Buy After The Solid Earnings? Get Free Trend Analysis Here
The Fresh Market Inc (NASDAQ:TFM) shares decreased 8.43% and closed at $46.05. The company continues to grow its chain of specialty grocery stores with a new location in Woodbury, N.Y. The store will be located at Woodbury Common and will be The Fresh Market's fourth store in the greater New York metropolitan area.
How Should Investors Trade TFM After The Recent Movement? Find Out Here
Barnes & Noble, Inc. (NYSE:BKS) shares dropped 7.46% to $13.14. The company announced the company will report fiscal 2013 third quarter earnings results on Thursday, February 28th, before the market opens.
Based on current forecasts, the Company now expects its fiscal year 2013 NOOK segment EBITDA loss to be greater than it was in fiscal 2012 and expects fiscal year 2013 NOOK Media revenues to be less than $3 billion.
Get Latest News, Updates and Reports For Free On BKS Here
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