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:-
Ambow Education Holding Ltd (ADR)(NYSE:AMBO) shares surged 53.47% and closed at $1.55 in yesterday’s trading sesson. The company recently received a proposal from major shareholder Baring LP to purchase all of the company's American depositary shares and class A ordinary shares at a purchase price of $1.46 per ADS and 73 cents per ordinary share, according to a regulatory filing.
Get Latest News, Updates on AMBO Here
Eagle Bulk Shipping Inc.(NASDAQ:EGLE) shares gained 11.72% and closed at $2.86.The company is engaged primarily in the ocean transportation of a range of major and minor bulk cargoes, including iron ore, coal, grain, cement and fertilizer, along worldwide shipping routes. The Company operates in the Handymax sector of the dry bulk industry, with particular emphasis on the Supramax class of vessels. The Company owns Supramax dry bulk vessel.The company’s 52 trading range is $1.32 -$ 8.28.
Get Latest News, Updates on EGLE Here
Destination XL Group Inc(NASDAQ:DXLG) shares increased 7.66% and closed at $4.92. The company, on March 15, reported its operating results for the fourth quarter and fiscal year ended February 2, 2013 ("fiscal 2012").The net income was $4.21 million compared with $33.49 million a year back. On a per share basis, earnings for the period totaled $0.09 versus $0.70 last year. Sales for the period was $114.85 million from $111.07 million a year back.
Is DXLG a Strong Buying Opportunity After The Recent Slump? Find out Here
Callidus Software Inc.(NASDAQ:CALD)Shares raised 7.84% and closed at $4.95.The company on, March 14, announced its Chief Financial Officer, Ron Fior, will be leaving the company. Fior will remain in his present role through the filing of the company's Form 10-Q for the first quarter of 2013, after which he will remain with the company through July 31, 2013, to help ensure a smooth transition.
Is CALD a Strong Buying Opportunity After The Recent Slump? Find out Here
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