Stocks Buzz: Accuride Corporation (NYSE:ACW), P.H. Glatfelter Company (NYSE:GLT), Colony Financial Inc(NYSE:CLNY)

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:-

Accuride Corporation (NYSE:ACW) shares gained % and closed at $5.44. The company, on March 13, announced the appointment of company and industry veteran Tony Pape to the newly expanded role of director, aftermarket strategy and sales. Further on March 11, the company declared that it will web cast its investor meeting presentation on Thursday, March 21, 2013 in Louisville, Ky. Accuride is hosting the meeting at the Crowne Plaza Louisville Airport, located at 830 Phillips Lane in Louisville.
Additionally, the company, on March 7, posted its quarterly earnings. The company reported ($3.30) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.44) by $2.86. The company had revenue of $176.26 million for the quarter, compared to the consensus estimate of $166.90 million. The company’s quarterly revenue was down 27.3% on a year-over-year basis.

Get Latest News, Updates on ACW Here

P.H. Glatfelter Company (NYSE:GLT) shares raised 5.04% and closed at $21.89. The company ,on March 14, announced that it has agreed to acquire Dresden Papier GmbH from Fortress Paper. The company will pay approximately $209 million or 160 million euro for the German supplier of nonwoven wallpaper base materials.
Additionally, the company, on March 5 announced that its board of directors increased its quarterly dividend to $0.10 per share on its outstanding common stock. The dividend is payable on May 1, 2013 to shareholders of record as of the close of business on April 4, 2013.

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

Colony Financial Inc(NYSE:CLNY) Shares gained 4.71% and closed at $23.10. The company ,on March 15, announced that the Company’s Board of Directors has declared cash dividends on shares of of $0.35 per common share and preferred stock for the first quarter of 2013. The dividend will be paid on April 15, 2013, to stockholders of record on March 28.
Additionally, the company, on March 6, reported a 22 percent increase in profit for the fourth quarter on strong revenue growth. Net income was $13.53 million, up from $11.07 million in the previous-year quarter. However, earnings per share declined to $0.31 from $0.34 in the prior-year period on higher weighted number of shares outstanding.

Is CLNY Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here

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