Stocks Alert: New York Mortgage Trust, DryShips Inc, Petroleo Brasileiro Petrobras SA, Constellation Brands

Dallas, TX -- (SBWIRE) -- 03/18/2013 -- 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:-

New York Mortgage Trust, Inc. (NASDAQ:NYMT) shares gained 2.44% to $7.56. Zacks cut shares of NYMT from a neutral rating to an underperform rating in a research note issued to investors on Mar. 13. The firm currently has $6.80 target price on the stock.

Additionally, the company last month announced different tax treatment for dividends declared in 2012 on the Company's common stock. Stockholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of dividends on the Company's common stock.

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

DryShips Inc. (NASDAQ:DRYS) shares increased 2.39% to $1.97. The company, on Mar. 7, reported a fourth quarter loss of $129.8 million, or 34 cents a share, compared with a year-earlier loss of $6.2 million, or two cents a share. Adjusted loss was 15 cents a share in the latest period. Revenue fell 14% to $282.9 million. Analysts were expecting a per-share loss of 11 cents a share on revenue of $294 million.

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

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) shares jumped 2.36% to $17.81. PBR’s stock, on Mar. 1, has been reiterated by TheStreet Ratings as a hold with a ratings score of C. The company's strengths can be seen in multiple areas, such as its increase in net income, attractive valuation levels and growth in earnings per share.

Additionally, the company recently informs the increase of 5% in diesel price at the refinery gate, with effect from March 6th, 2013. The price of diesel which the readjustment applies to does not include federal taxes (CIDE, PIS/Cofins) and state taxes (ICMS).

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

Constellation Brands, Inc.(NYSE:STZ) shares jumped 2.33% and closed at $45.75. The company announced it will report financial results for its fiscal fourth quarter and full year ended Feb. 28, 2013, on Wed., April 10, 2013, before the open of the U.S. markets.

Additionally, Constellation Brands, Inc., Anheuser-Busch InBev (Euronext: ABI; NYSE: BUD), Grupo Modelo, S.A.B. de C.V. (BMV: GMODELOC), and Crown Imports LLC have made substantial progress in their discussions with the U.S. Department of Justice toward resolution of the Department of Justice's litigation, relating to AB InBev's proposed acquisition of the remaining stake in Grupo Modelo it does not already own, based on the terms of the revised transaction announced on Feb. 14, 2013.

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

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