Traders Alert: Wells Fargo & Company, ArcelorMittal, Autodesk, Inc.

Lakeway, TX -- (SBWIRE) -- 02/26/2013 -- 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:-

Wells Fargo & Company (NYSE:WFC) stock fell 0.52% to $34.61. Wells FargoInsurance, part of Wells Fargo announced yesterday that four of its executives have won the Risk & Insurance's® 2013 "Power Broker"® Award. Kevin Eggleston, Mary Mazza, Brian McDonnell, and Meredith Schnur were recognized for their leadership and innovation in the gaming/hospitality, construction and technology sectors.

Additionally, the company would pay up to $2.5 million in attorneys' fees and implement certain corporate governance changes under a proposed settlement of lawsuits brought by shareholders on behalf of the company.

How Should Investors Trade WFC After The Recent Movement? Find Out Here

ArcelorMittal (ADR) (NYSE:MT) shares fell 0.61% to $14.78. The company, on Feb. 6, announced that the Company expects to report FY 2013 EBITDA to be higher as compared to FY 2012 EBITDA. The Company reported FY 2012 EBITDA of USD 7.1 billion. Analysts are expecting the Company to report FY 2013 EBITDA of USD 8,110.19.

Is MT Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here

Autodesk, Inc. (NASDAQ:ADSK) stock gained 2.10% to $37.39 after the company yesterday reported fourth quarter profit of $74.5 million, or 32 cents a share, up from $72 million, or 31 cents a share, a year earlier. Adjusted earnings were up at 53 cents a share from 46 cents a share. Revenue increased 2% to $607 million. The company in November projected earnings of 43 cents to 51 cents a share on revenue of $570 million to $600 million.

Is ADSK a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here

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