Stocks in Action: NIKE, Cree, Santarus, Discover Financial Services

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:-

NIKE, Inc. (NYSE:NKE) shares increased 2.54% to $54.85. The company plans to release its third quarter fiscal 2013 financial results on Thursday, March 21, 2013, at approximately 1:15 p.m. PT, following the close of regular stock market trading hours. Following the news release, NIKE management will host a conference call beginning at 2:00 p.m. PT to review results.

Get Latest News, Updates on NKE Here

Cree, Inc.(NASDAQ:CREE) shares increased 2.39% to $53.88.The company, on Mar. 13, announced the release of its second generation SiC MOSFET enabling systems to have higher efficiency and smaller size at cost parity with silicon-based solutions.

Additonally , the company on March 5, raised its adjusted earnings guidance for the third quarter to a range of $0.31 to $0.36 per share versus the prior forecast in the $0.30 to $0.35 per share range. The company also raised its third-quarter revenue guidance to a range of $335 million to $350 million versus the prior estimate between $325 million and $345 million. The consensus estimates are for EPS of $0.33 and revenues of $336.06 million.

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

Santarus, Inc. (NASDAQ:SNTS) stock increased 2.26% to $16.30. The company, on Mar. 4, announced that for fiscal 2013, it expects total revenues of approximately $320 million to $325 million, net income of approximately $50 million to $54 million, and diluted EPS of $0.63 to $0.68, adjusted EBITDA, or non-GAAP adjusted earnings, of approximately $73 million to $79 million and non-GAAP adjusted diluted EPS of $0.92 to $1.00. Analysts are expecting the Company to report revenue of $323 million, net income of $50 million, EBITDA of $60 million and EPS of $0.70 for fiscal 2013.

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

Discover Financial Services(NYSE:DFS) shares gained 2.21% to $43.06. Discover Financial Services (DFS) and Interswitch Limited, on Mar. 12, announced a strategic alliance that will allow acceptance of Discover and Diners Club International (DCI) cards at Interswitch-enabled ATM and point-of-sale (POS) terminals for purchases in Nigeria. It will also allow Verve cardholders to have access to Discover, Diners Club International and PULSE networks for international purchases and cash access outside of Nigeria.

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

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