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Stocks Alert: ImmunoGen, Swift Transportation Co, Smith & Wesson Holding Corporation, Spirit AeroSystems Holdings

 
 
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Lakeway, TX -- (SBWIRE) -- 02/28/2013 -- Bestdamnpennystocks, 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:-

ImmunoGen, Inc. (NASDAQ:IMGN) shares jumped 4.46% and closed at $15.47 in the last trading session. The company, on Feb. 12, announced that it has completed patient enrollment in the first stage of its NORTH two-stage Phase II trial. The NORTH trial is assessing the Company's IMGN901 product candidate for first-line treatment of extensive disease small-cell lung cancer (SCLC). Attaining this milestone enables the findings from the planned interim analysis of PFS at 6 months to be available in 2H2013.

How Should Investors Trade IMGN After The Recent Movement? Find Out Here

Swift Transportation Co (NYSE:SWFT) shares gained 4.44% to $13.40. The company, on Feb. 20, announced today that Moody's Investor Service ("Moody's") has upgraded the company's credit ratings, with the corporate family rating raised to B1 from B2 and the senior secured first lien bank credit facility raised two notches to Ba2 from B1.

Is SWFT Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here

Smith & Wesson Holding Corporation (NASDAQ:SWHC) shares increased 4.36% and closed at $9.34. Anne Simpson, a senior portfolio manager at The California Public Employees' Retirement System, recently talks about the vote by Calpers' board to divest its $5 million in shares of Smith & Wesson Holding Corp. and Sturm Ruger & Co. because the companies make weapons banned in the state.

Additionally, the company announced that it plans to release its third quarter fiscal 2013 financial results on Tuesday, March 5, after the close of the market.

Is SWHC a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here

Spirit AeroSystems Holdings, Inc. (NYSE:SPR) shares climbed 4.34% and closed at $17.32. The company, on Feb. 12, reported fourth quarter net income of $60.7 million, or 43 cents per share, for the quarter. That's up less than 1 percent from $60.4 million, or 42 cents per share, in the same quarter of the prior year. Revenue rose 17 percent, to $1.43 billion from $1.22 billion, on strong demand and higher production for core products. Analysts were expecting the company to earn 43 cents per share on revenue of $1.36 billion.

How Should Investors Trade SPR After The Latest Earnings Report? Find Out Here

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