Lakeway, TX -- (SBWIRE) -- 02/19/2013 -- vbtrendreport.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:-
SunPower Corporation (NASDAQ:SPWR) shares declined 5.61% and closed at $11.45 in the last trading session. The company, on Feb. 7, announced that for the first quarter of 2013, it expects revenue in the range of $475-$550 million, earnings per diluted share in the range of $0.05 to $0.20. On a GAAP basis, the Company expects revenue of $450 million to $525 million, and loss per diluted share of $0.85 to $0.60. Analysts on an average are expecting the Company to report revenues of $544 million and EPS of $(0.10) for the first quarter of 2013.
How Should Investors Trade SPWR After The Solid Jump? Let’s Find Out Here
Gafisa SA (ADR) (NYSE:GFA) shares fell 5.39% to $4.39. The company, last month, said it is poised for a turnaround and it should stop posting losses on troubled low-income housing projects by the end of this year, Credit Suisse analysts led by Guilherme Rocha told clients. The analysts raised their recommendation of Gafisa shares to "outperform" from "neutral", anticipating a boost from the possible sale of the company's profitable Alphaville unit.
Is GFA Ready To Jump Again After The Solid Momentum? Get Free Trend Analysis Her
Central European Distribution Corp (NASDAQ:CEDC) shares decreased 5.30% and closed at $1.43. On February 6, 2013, the Special Committee of the Board of Directors of Central European Distribution Corporation (Nasdaq: CEDC) sent a formal response to the notice received by CEDC from Roust Trading Ltd. (“RTL”) on January 29, 2013, that RTL is seeking to exercise its claimed put right under Section 8.13 of the Amended and Restated Securities Purchase Agreement dated July 9, 2012, by and between CEDC and RTL.
Additionally, the company, on Jan. 22, announced that it appointed Ryan Lee as Chief Financial Officer. Lee, who had served as CFO of Russian Alcohol Group, a CEDC subsidiary, since April 2012, brings over 23 years of financial management experience in both retail and tobacco.
Is CEDC A Buy After The Recent Price Movement? Find Out Here
Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) shares dropped 5.29% and closed at $3.22 in yesterday’s session. Analysts at Citigroup started coverage on shares of Yingli Green in a research report issued to clients and investors on Feb. 6. The firm set a “neutral” rating and a $3.50 price target on the stock. Separately, analysts at Zacks upgraded shares of Yingli Green from a “neutral” rating to an “outperform” rating in a research note to investors on January 30. They now have a $3.10 price target on the stock.
Is YGE a Buy At The Current Market Price? Don’t Miss Out Our Special Coverage Here
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