Lakeway, NY -- (SBWIRE) -- 02/25/2013 -- ThePennyStockProfiler.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:-
Infosys Ltd ADR (NYSE:INFY) shares gained 4.51% to $53.48. Indiainfoline News Service, on Feb. 19, reported that Infosys Ltd announced that it has begun trading of its American Depositary Shares (ADS) on London and Paris markets. Accordingly, the Company announced that the Paris listing is on the NYSE Euronext Paris Professional Segment and is addressed to qualified investors. Infosys Ltd ADS trade on NYSE Euronext under the ticker symbol INFY. Infosys LTD began trading of its ADS on the New York Stock Exchange (NYSE) on December 12, 2012, also under the ticker symbol INFY. As an NYSE listed company, Infosys Ltd obtained its cross listing on the NYSE Euronext Paris Professional Segment through the Fast Path program.
Is INFY a Strong After The recent price Movement? Let’s Find out Here
Molson Coors Brewing Company (NYSE:TAP) shares jumped 4.47% and closed at $46.48 in the last trading session. Zacks restated their neutral rating on shares of Molson Coors in a research report sent to investors on Feb. 20. The firm currently has a $46.00 price target on the stock.
Additionally, the company, on Feb. 21, declared a regular quarterly dividend on its Class A and Class B common shares of US$0.32 per share, payable March 15, 2013, to shareholders of record on March 4, 2013. The quarterly dividend is payable to holders of Class A and Class B common stock of Molson Coors Brewing Company.
Is TAP a Strong Buying Opportunity After The Recent Slump? Find out Here
Marvell Technology Group Ltd. (NASDAQ:MRVL) stock increased 4.44% to $9.89. The company, on Feb. 21, reported a fiscal fourth-quarter profit of $50 million, or 9 cents a share, on $775 million in revenue. During the same period a year ago, Marvell earned $81 million, or 13 cents a share, on revenue of $743 million. Adjusted earnings were $104 million, or 19 cents a share. Analysts had forecast Marvell to earn 13 cents a share on sales of $721 million.
Is MRVL Signaling a Buy Signal After The recent Volatility? Let’s Find out Here
Micron Technology, Inc. (NASDAQ:MU) shares increased 4.43% to $8.02. The company, last week, announced that the Chinese Ministry of Commerce has given antitrust clearance for Micron's previously announced proposed acquisition of Elpida. China's approval was the last remaining antitrust pre-merger clearance required for completion of the transaction.
Additionally, Sanford C. Bernstein reaffirmed their outperform rating on shares of Micron Technology in a report issued on Feb. 19. They currently have a $9.00 target price on the stock.
Is MU a Strong Buying Opportunity After The Recent Gain? Find out Here
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