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:-
LDK Solar Co., Ltd (ADR) (NYSE:LDK) shares gained 6.52% and closed at $1.96. The company, on Feb. 5, announced that after a long dispute with Italy-based Helios Technology S.p.A., the Venice Court of Appeal declared on January 16, 2013 that, according to the ICC Rules of Arbitration, the 2010 award in favor of LDK Solar is valid, effective and enforceable in Italy. The Venice Court of Appeal upholds that the "take or pay" clause in the wafer supply contract entered into in October 2008 between LDK Solar and Helios is valid and effective throughout its duration and at terms and conditions related to quantities and prices set forth therein.
How Should Investors Trade LDK After The Latest Earnings Report? Find Out Here
Halliburton Company (NYSE:HAL) shares climbed 6.07% and closed at $43.32. The company said on Feb. 11 it will incur a $30 million foreign currency loss in the first quarter related to the Venezuelan government's devaluation of the country's currency. Last week, Venezuela said it would cut the value of the Bolivar Fuerte, or strong Bolivar, from 4.3 bolivars per dollar to 6.3 bolivars per dollar.
Additionally, the company will host a conference call on Monday, April 22, 2013, to discuss the first quarter 2013 financial results. The call will begin at 8:00 AM Central Time (9:00 AM Eastern Time).
Is HAL a Buy After The Solid Earnings? Get Free Trend Analysis Here
Coinstar, Inc. (NASDAQ:CSTR) shares jumped 5.61% to $55.95. The company, on Feb. 7, reported fiscal fourth-quarter earnings of $22.9 million, or 75 cents a share, on revenue of $564.1 million, as compared with earnings of $31.5 million, or $1.04 a share, on $466 million in sales in the year-ago period. Analysts had forecast Coinstar to earn 74 cents a share on $577 million in revenue for the quarter ended December 31.
How Should Investors Trade CSTR After The Recent Movement? Find Out Here
Pacific Ethanol Inc (NASDAQ:PEIX) shares increased 6.18% and closed at $0.421. The company, on Feb. 11, filed a registration with the U.S. SEC to sell, from time to time, up to 33 million shares of its Common Stock by Selling Shareholders. The total includes 7,369,714 shares of common stock issuable, at the Company's election, in payment of interest under the terms of its senior unsecured notes, or Notes, and 25,630,286 shares of our common stock issuable upon exercise of our warrants, or Warrants.
Get Latest News, Updates and Reports For Free On PEIX Here
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