Dallas, TX -- (SBWIRE) -- 03/14/2013 -- 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:-
Companhia Brasileira de Distrib. (ADR)(NYSE:CBD) shares jumped 2.84% and closed at $54.97. The 52 week trading range for the company is $36.19 - $55.80. CBD is a Brazil-based company which is engaged in the retail of food, clothing, home appliances, fuel, drugs and other products. The Company distributes its products through chains of hypermarkets, supermarkets, specialty shops, department stores, fuel stations, drug stores and online shops.
Get Latest News, Updates on CBD Here
Abercrombie & Fitch Co.(NYSE:ANF) shares gained 2.68% to $49.77 in the last trading session. ANF‘s stock had its “buy” rating reiterated by investment analysts at Janney Montgomery Scott in a note issued to investors on Mar. 13. They currently have a $62.00 target price on the stock.
Additionally, the company announced its earnings results on Feb. 22. The company reported $2.21 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.96 by $0.25. The company had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.49 billion.
Is ANF a Strong Buying Opportunity After The Recent Slump? Find out Here
Con Way Inc (NYSE:CNW) shares jumped 2.59% and closed at $37.24. Con-way Freight, a less-than-truckload (LTL) carrier and subsidiary of CNW on Mar. 13 announced that Brian McGowan was promoted to vice president of Lean. In his new role, McGowan will oversee the rollout of Lean practices throughout the company's service center network, as well as institute Lean processes for business functions including human resources, marketing, sales and maintenance.
Additionally, CNW’s stock was downgraded by Stifel Nicolaus from a “buy” rating to a “hold” rating in a research note issued on Mar. 1.
Is CNW Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here
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