Lakeway, TX -- (SBWIRE) -- 02/28/2013 -- Bestdamnpennystocks, 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:-
Aeropostale, Inc.(NYSE:ARO)shares increased 3.60% and closed at $13.23. ARO’s stock was downgraded by investment analysts at KeyBanc from a “buy” rating to a “hold” rating in a note issued to investors on Feb. 25.
Additionally, the company, on Feb. 5, announced the retirement of President Michael Cunningham, effective March 29, 2013. Michael joined Aeropostale in August 2000 when the company had 200 Aeropostale stores in 27 states. Today, the company operates nearly 1,000 Aeropostale stores in the U.S. and Canada, 100 P.S. from Aeropostale stores in the U.S., has a licensing presence in the Middle East, Asia and Europe, and operates a robust e-commerce platform that includes the recent acquisition of GoJane.com.
How Should Investors Trade ARO After The Recent Movement? Find Out Here
Northern Oil & Gas, Inc. (NYSEAMEX:NOG) shares jumped 3.56% and closed at $13.96 in the last trading session. The company announced that it expects to release fourth quarter and full year 2012 financial and operating results on Thursday, February 28, 2013 after market close. In conjunction with Northern's release of its financial and operating results, investors, analysts and other interested parties are invited to listen to a conference call with management on Friday, March 1, 2013 at 9:00 am Central Time.
Is NOG Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here
The New York Times Company (NYSE:NYT) shares gained 3.54% to $9.65. Reuters reported, on Feb. 22, that New York Times Co is putting The Boston Globe on the auction block for a second time as it seeks to focuses solely on growing its flagship newspaper, the Company said.
The sale, which will also include the Worcester Telegram & Gazette, is expected to come at a big loss as newspapers struggle for subscribers and advertisers in the digital age. The Company said in a statement that it had hired Evercore Partners to advise on the sale.
Is NYT a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here
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