Dallas, TX -- (SBWIRE) -- 03/08/2013 -- Marketbuzzreport.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:-
American Apparel Inc. (NYSEAMEX: APP) slipped 2.66% and closed at $1.83 on a traded volume of 3.12 million shares. The Company announced that it currently intends, subject to market and other conditions, to offer senior secured notes in a private offering. The Notes, if offered, will be offered only to “qualified institutional buyers” in the United States in accordance with Rule 144A under the Securities Act of 1933, as amended and to non-U.S. persons pursuant to Regulation S under the Securities Act. The Company intends to use the net proceeds of any such offering of the Notes to repay certain indebtedness and for general corporate purposes.
Is APP a Strong Buy After The Recent Gain? Let’s Find out Here
Santarus, Inc. (NASDAQ:SNTS) moved down 2.61% and closed at $15.30 on a traded volume of 1.36 million shares. The Company reported fourth quarter net income of $0.08 per share after the close Monday, up from $0.03 per share in the previous year. The consensus estimate was for EPS of $0.01. The company expects to report full year 2013 EPS of $0.92 to $1.00, compared to the consensus estimate of $0.70.
Is SNTS a Strong Buying Opportunity After The Recent Slump? Find out Here
Seagate Technology PLC (NASDAQ:STX) was down 2.42% and closed at $32.22 on a traded volume of 5.74 million shares. Seagate will demonstrate the company's award winning products for Video, Photos and Music from March 10th to March 13th.
Should Investors Consider STX After The Recent price Action? Get Free Trend Analysis Here
DaVita HealthCare Partners Inc. (NYSE:DVA) slipped 2.49% and closed at $118.91 on a traded volume of 1.59 million shares. DaVita, a division of DaVita HealthCare Partners Inc. announced the launch of a national television public service announcement to raise awareness on the risks of kidney disease. March marks National Kidney Month, and March 14 is World Kidney Day.
Should Investors Consider DVA After The Recent price Action? Get Free Trend Analysis Here
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