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Stocks Ended Higher: Gol Linhas Aereas Inteligentes SA, Krispy Kreme Doughnuts, Darden Restaurants, Seattle Genetics

 
 
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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:-

Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) shares climbed 2.36% to $7.38. The company, on Feb. 13, announced that on February 7, 2013, it priced at 10.75% an offer of USD 200 million in senior notes with maturity in 2023. The Company is guarantor of notes issued by its subsidiary VRG Linhas Aereas SA.

Additionally, the company, last month, also announced that on February 8, 2013, its Board of Directors authorized administrators of Smiles SA, a subsidiary of the Company, to take the measures required to apply for the registration as a public company and the carry out of an initial public offering (IPO) before the Securities Commission CVM.

Get Latest News, Updates on GOL Here

Krispy Kreme Doughnuts (NYSE:KKD) shares jumped 2.26% and closed at $14.96. The company plans to release its financial results for the fourth quarter and fiscal year ended February 3, 2013 on Thursday, March 14, 2013, shortly after the market closes. The Company plans to host a conference call to review the results and management's outlook for fiscal 2014 at 4:30 p.m. (ET) that day.

Additionally, the company last week announced that it has entered into an agreement with Huan Hsin Co., Ltd. for the development of 10 Krispy Kreme franchise locations in Taiwan over the next five years.

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

Darden Restaurants, Inc.(NYSE:DRI) shares jumped 2.25% and closed at $49.01 after UBS AG downgraded shares of DRI from a buy rating to a neutral rating in a report issued on Mar. 13. Additionally, analysts at Credit Suisse cut their EPS estimates on shares of Darden Restaurants in a research note this month. They now have a neutral rating and a $45.00 price target on the stock.

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

Seattle Genetics, Inc. (NASDAQ:SGEN) shares gained 2.25% to $32.72. The company last month, reported a fourth quarter net loss of $10.6 million or $0.09 per share from $27.2 million or $0.24 per share in the same period last year. Analysts expected the company to report a loss of $0.11 per share for the quarter. Total revenues for the quarter were $63.91 million, up from $48.89 million in the year-ago quarter, while analysts expected revenues of $57.21 million.

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

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