Lakeway, NY -- (SBWIRE) -- 02/26/2013 -- 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:-
Best Buy Co., Inc. (NYSE:BBY) cuts 400 jobs at its Minneapolis headquarters in a move which is part of a sweeping plan to lop off $150M in expenses. An exec with the retailer says the cuts are company-wide, but won't include the "Blue Shirt" floor workers.
Is BBY a Strong Buy After The Recent Gain? Let’s Find out Here
Chemtura (CHMT -10.5%) shares plunge after the maker of specialty chemicals is downgraded at Oppenheimer, which says Q4 results showed CHMT may be approaching the limits to further margin improvement without a healthier economy. Also, legacy overhead costs from its antioxidants sale will hamper margins, and 2013 capex needs are higher than expected.
Is CHMT a Strong Buying Opportunity After The Recent Slump? Find out Here
Boulder Brands (BDBD -7.8%) could see a sharp drop in value with its financial condition weakening, warns SA contributor Prescience Point. Shares are overvalued compared to food sector peers and the gluten-free story isn't playing out like management trumpeted, says the short-selling firm. If the call is right, then Mario Gabelli will be quite wrong after he named Boulder Brands one of his 10 favorite stocks for 2013.
Should Investors Consider BDBD After The Recent price Action? Get Free Trend Analysis Here
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