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:-
Yandex NV (NASDAQ:YNDX) slumps 8% after missing Q4 estimates, thanks partly to a declining ruble. 2013 guidance is for revenue growth of 28%-32% vs. a consensus for a 29.7% increase. Queries +26% Y/Y (down from Q3's +31%), advertisers +5% Q/Q (even with Q3) to 213K. Text ads on Yandex sites +40% (+39% in Q3) and majority of revenue, 3rd-party text ads +41% (+55% prior), display ads +12% (+25% prior). Paid clicks +26% Y/Y (even with query growth), search ad prices +11%. Traffic acquisition costs nearly flat as % of revenue, SG&A expenses soared 81%.
How Should Investors Trade YNDX After The Solid Jump? Let’s Find Out Here
Cliffs Natural Resources Inc (NYSE:CLF) is upgraded to Overweight from Neutral with a $40 price target (up from $35) at J.P. Morgan, which says shares are pricing in 2015 iron ore prices at $110/metric ton, 29% lower than current spot prices. Since mid-September 2012, CLF's peer group is up 17% on average while CLF is down 37% despite a 53% rise in seaborne spot iron ore prices.
Is CLF Ready To Jump Again After The Solid Momentum? Get Free Trend Analysis Her
PetSmart, Inc. (NASDAQ:PETM) slips 2% after ITG lowers estimates on the company due to weak January sales trends. During the economic downturn, consumers showed strong resiliency to keep spending on pets, but the hike in payroll taxes might have finally spurred a pullback.
Is PETM A Buy After The Recent Price Movement? Find Out Here
Exponent, Inc. (NASDAQ:EXPO) declares $0.15/share quarterly dividend. Forward yield 1.20%. For shareholders of record Mar. 08. Payable Mar. 29. Ex-div date Mar. 06. The board approved $35M increase to its share repurchase program. This amount is in addition to $15.6M remaining under its existing share repurchase program.
Is EXPO a Buy At The Current Market Price? Don’t Miss Out Our Special Coverage Here
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