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Notable Movers: Titan International, BE Aerospace, Sony, AMC Networks

 
 
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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:-

Titan International (TWI -17.8%) gets hammered after its Q4 missed the mark late yesterday. Net earnings swung to a loss as the tire makers results were hurt by a number of factors, including a larger tax provision, a slowdown in construction in Europe which negatively impacted its newly acquired Titan Europe business, as well as extra costs for starting up a wheel facility after an earthquake in Italy.

How Should Investors Trade TWI After The Recent Price movement? Find out Here

BE Aerospace (BEAV +1.7%) gets a bump higher on positive comments out of Goldman Sachs this morning following its recent investor day, calling it the best story in aerospace. The firm cites company-specific drivers - like higher margins out of its Business Jet unit - plus the potential for an upside surprise to earnings. It reiterates its Conviction Buy rating, ups its price target from $67 to $68, and raises FY13/14/15 estimates to $3.46/$4.46/$5.37 respectively.

Is BEAV a Strong Buying Opportunity After The Recent Slump? Find out Here

Sony (SNE +1.2%) will pay InterDigital (IDCC +1.3%) $125M in cash over 3 years under the terms of their recent 3G/4G patent licensing deal, InterDigital discloses in its 2012 10-K. $22.3 of that total was recognized in Q4, fueling a big earnings beat. InterDigital, which recently formed an R&D JV with Sony in tandem with its licensing deal, has also acquired patents from the electronics giant it estimates are worth $28.9M.

Is SNE a Buy After The Latest Price Action? Find Out Here

AMC Networks (AMCX -9.6%) slumps after reporting Q4 earnings that fell short of estimates. The company has been hit with higher costs as it shifts to more original content with SG&A expenses up 19% Y/Y during the period.

Get latest News, Updates on AMCX Here

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