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:-
Active Network Inc (NYSE:ACTV) shares declined 3.24% and closed at $5.37 in the last trading session. The company, on Feb. 14, announced that for the first quarter of 2013, it expects total revenue to be in the range of $102 million to $107 million. Adjusted EBITDA is expected to be in the range of $2 million to $5 million and expects a net loss of $21 million to $17 million. For fiscal 2013, it expects total revenue to be in the range of $470 million to $480 million and Adjusted EBITDA is expected to be in the range of $50 million to $54 million. The Company expects a net loss of $38 million to $31 million. Analysts were expecting the Company to report revenue of $106 million, EBITDA of $4 million and net loss $(17) million for the first quarter of 2013; revenues of $475, EBITDA of $51 million and net loss of $(37) million for fiscal 2013.
How Should Investors Trade ACTV After The Solid Jump? Let’s Find Out Here
Tesla Motors Inc (NASDAQ:TSLA) shares fell 3.29% to $37.04. TSLA‘s stock had its “buy” rating reaffirmed by Jefferies Group in a research note issued on Feb. 11. They currently have a $45.00 price target on the stock, up from their previous price target of $36.00.
Additionally, the company’s CEO Elon Musk has fired back at The New York Times, releasing vehicle logs that contradict the Times’ recent story about a road trip in a Model S Sedan and calling on the venerable news organization to “investigate the article and determine the truth.”
Is TSLA Ready To Jump Again After The Solid Momentum? Get Free Trend Analysis Her
Atlantic Power Corp (NYSE:AT) shares decreased 3.20% and closed at $11.51. The company, last week, announced its distribution for the month of February 2013. A dividend of Cdn$0.09583 per common share will be payable on March 28, 2013 to holders of record at the close of business on February 28, 2013.
The Company's common share dividend is subject to a 25% withholding tax rate for holders that are not residents of Canada, which may be reduced pursuant to an applicable tax treaty. The withholding tax rate is 15% for U.S.-resident holders that qualify for the benefits of the Canada – U.S. Income Tax Convention.
Is AT A Buy After The Recent Price Movement? Find Out Here
Rackspace Hosting, Inc. (NYSE:RAX) shares dropped 3.18% and closed at $59 in yesterday’s session. The company, on Feb. 12, reported fourth quarter net income of $30 million, or 21 cents per diluted share, on revenues of $352.9 million for the quarter ended Dec. 31, 2012. This compares to net income of $25 million, or 18 cents per diluted share, on revenues of $283.3 million for the same period a year ago. Total server count increased to 90,524, up from 89,051 servers at the end of the previous quarter. Total customers increased to 205,538, up from 197,635 customers at the end of the previous quarter.
Is RAX a Buy At The Current Market Price? Don’t Miss Out Our Special Coverage Here
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