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:-
Tata Motors Limited (ADR) (NYSE:TTM) decreased 4.89% and closed at $27.25 on a traded volume of 2.18 million shares. The Company reported quarterly loss of 4.5 billion rupees compared to profit of 1.7 billion rupees in the previous year. The loss was fueled by an 11.3% decline in unit sales.
How Should Investors Trade TTM After The Latest Earnings Report? Find Out Here
Quicksilver Resources Inc. (NYSE:KWK) slipped 4.82% and closed at $2.37 on a traded volume of 1.79 million shares. The median Wall Street price target on the stock is $14.0 and the high target is set at $2.50 with majority of analysts have a strong hold rating on the company’s stock. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $2.80 and $3.56 respectively.
Is KWK a Buy After The Solid Earnings? Get Free Trend Analysis Here
Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) moved down 4.76% and closed at $87.63 on a traded volume of 5.94 million shares. The Company reported fourth quarter GAAP net income of $81.0 million or $0.40 per share compared to $48.2 million or $0.25 per share in the previous year quarter. Non-GAAP net income for the quarter was $122.3 million or $0.60 per share compared to non-GAAP net income of $80.5 million, or $0.41 per share last year. Analysts expected the company to report earnings of $0.53 per share for the quarter. Net product sales of Soliris were $320.5 million compared to $227.6 million for the same period in 2011.
How Should Investors Trade ALXN After The Recent Movement? Find Out Here
Apache Corporation (NYSE:APA) declined 4.74% and closed at $80.33 on a traded volume of 8.66 million shares. The Board of Directors of Apache Corporation announced that it has raised the regular quarterly cash dividend on the company's common shares to 20 cents per share, an increase of 18%. Apache Corporation is an oil and gas exploration and production company with operations in the United States, Canada, Egypt, the United Kingdom North Sea, Australia and Argentina.
Get Latest News, Updates and Reports For Free On APA Here
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