Lakeway, TX -- (SBWIRE) -- 02/25/2013 -- 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:-
Cheniere Energy Partners LP (NYSEAMEX: CQP) closed at $22.62. The Company has entered into a purchase agreement with institutional investors to sell approximately 17.6 million common units for net proceeds of approximately $372.2 million. Investors primarily include affiliates of RRJ Capital and GSO Capital. The offering is expected to close and settle on March 1, 2013. The Company intends to use the proceeds from the offering for costs associated with the liquefaction project being developed adjacent to the existing Sabine Pass LNG terminal and general business purposes.
How Should Investors Trade CQP After The Solid Jump? Let’s Find Out Here
Lowe's Companies, Inc. (NYSE:LOW) went up 0.45% to $37.84 in the pre-market trading hours. The Company reported fourth quarter net earnings of $288 million and diluted earnings per share of $0.26 for the fourth quarter of 2012. Sales for the fourth quarter decreased 5.0% to $11.0 billion. Comparable store sales for the fourth quarter of 2012 increased 1.9% on a consolidated basis as well as for the U.S. business.
Is LOW Ready To Jump Again After The Solid Momentum? Get Free Trend Analysis Her
Yelp Inc. (NYSE:YELP) closed at $22.18. The 52-week range for the stock is $14.10 and $31.96. The Company has Price/Sales ratio of 8.44 and Price/Book ratio of 10.16. The 50-Day Moving Average and 200-Day Moving Average prices is $21.23 and $21.90 respectively.
Is YELP Buy After The Recent Price Movement? Find Out Here
LinkedIn Corp (NYSE:LNKD) soared 0.57% to $161.35 in the pre-market trading hours. The median Wall Street price target on the stock is $152.50 and the high target is set at $180.0 with majority of analysts have a hold rating on the company’s stock. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $131.27 and $115.72 respectively.
Is LNKD Buy After The Recent Price Movement? Find Out Here
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