Lakeway, TX -- (SBWIRE) -- 03/01/2013 -- vbtrendreport.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:-
Cerus Corporation (NASDAQ:CERS) increased 6.99% to $3.52 on a traded volume of 986k shares. The Company reported fourth quarter results. Product revenue for the fourth quarter of 2012 was $10.5 million, a 6% increase over the fourth quarter of 2011. The increase in product revenue was driven by 14% growth in demand for INTERCEPT disposable kits during the fourth quarter of 2012 compared to the fourth quarter of 2011. Gross margins on product sales for the fourth quarter of 2012 were 51%, compared to 37% for the fourth quarter of 2011. Operating losses during the fourth quarter of 2012 were $3.6 million compared to $3.3 million for the fourth quarter of 2011.
How Should Investors Trade CERS After The Solid Jump? Let’s Find Out Here
DigitalGlobe Inc. (NYSE:DGI) went up 2.80% to $26.81 on a traded volume of 430k shares. Morgan Stanley and DigitalGlobe, Inc. announced that Morgan Stanley has informed DigitalGlobe of the recent sale of its remaining legacy ownership interest in 7,463,076 shares of DigitalGlobe common stock.
Is DGI Ready To Jump Again After The Solid Momentum? Get Free Trend Analysis Here
OmniVision Technologies, Inc. (NASDAQ:OVTI) went down 10.97% to $13.72 on a traded volume of 3.48 million shares. The Company reported third quarter net income of $21.3 million or $0.40 per share compared to $111 thousand breakeven per share last year. The adjusted net income was $31.5 million or $0.56 per share from $7.4 million or $0.13 per share last year. Analysts polled by Thomson Reuters expected earnings of $0.41 per share for the quarter. Revenues for the third quarter were $423.5 million from $185.2 million last year.
Is OVTI Buy After The Recent Price Movement? Find Out Here
CommonWealth REIT (NYSE:CWH) slipped 7.56% to $23.33 on a traded volume of 2.23 million shares. The Company announced the pricing a public offering of 30,000,000 common shares at a price to the public of $19.00 per share. The settlement of this offering is expected to occur on March 5, 2013. CWH expects to use the net proceeds from this offering, cash on hand or borrowings from its revolving credit facility to fund the purchase price of up to $450 million of CWH’s senior notes due between 2014 and 2016 in a tender offer announced February 25.
Is CWH Ready To Jump Again After The Solid Momentum? Get Free Trend Analysis Here
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