Lakeway, NY -- (SBWIRE) -- 03/01/2013 -- 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:-
United Rentals, Inc. (NYSE:URI) shares increased 1.66% to $53.41. URI‘s stock had its “hold” rating reaffirmed by research analysts at TheStreet in a report released on Feb. 27.
Additionally, the company, on Jan. 23, reported fourth quarter net income from continuing operations of $41 million or $0.40 per share, higher than $29 million or $0.39 per share in the prior-year quarter. Adjusted earnings from continuing operations for the quarter were $1.27 per share. Analysts expected the company to report earnings of $1.01 per share for the fourth quarter. Total revenues for the quarter surged to $1.25 billion from $746 million in the same quarter last year, but missed analysts' consensus estimate of $1.26 billion by a whisker.
Get Latest News, Updates on URI Here
Liberty Interactive (Interactive group) (NASDAQ:LINTA) shares gained 1.65% to $20.89. The company, on Feb. 27, said that Liberty Interactive Group's operating income for the fourth quarter fell 7% to $382 million from $409 million in the same quarter last year. The company’s revenue for the fourth quarter rose 2% to $3.14 billion from $3.08 billion a year ago.
Is LINTA a Strong Buying Opportunity After The Recent Gain? Find out Here
Hersha Hospitality Trust (NYSE:HT) shares gained 1.63% to $5.61. The company, on Feb. 25, announced that it has priced a public offering of 3,000,000 shares of its 6.875% Series C cumulative redeemable preferred shares of beneficial interest, par value $.01 per share ($25.00 liquidation preference per share), for gross proceeds of $75,000,000. Hersha intends to use the net proceeds of the offering for the redemption of all of Hersha’s outstanding 8.00% Series A cumulative redeemable preferred shares of beneficial interest, par value $.01 per share.
Is HT Signaling a Buy After The Solid gain? Don’t Miss Out Free Trend Analysis Here
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