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:-
Pactera Technology Intl Ltd (ADR) (NASDAQ:PACT) shares gained 2.54% and closed at $6.87. The company, on Feb. 27, announced that for first quarter of 2013, it expects net revenues to be at least USD158.0 million and Non-GAAP diluted net income per ADS to be at least $0.12. For fiscal 2013 excluding the revenues from large telecom customer for both 2012 and 2013, net revenues are to be at least USD675 million and Non-GAAP diluted net income per ADS to be in the range of $0.75 to $0.80. Analysts are expecting the Company to report revenue of $172 million and EPS of $0.23 for first quarter of 2013; revenue of $741 million and EPS of $0.90 for fiscal 2013.
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Strategic Hotels and Resorts Inc(NYSE:BEE) shares gained 2.54% to $8.49. The company, along with certain affiliates of Blackstone Real Estate Partners VI L.P., its joint-venture partner, on Mar. 12 announced that it has closed on a $475 million loan secured by the Hotel del Coronado. This new financing replaces the $425 million financing previously encumbering the property.
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National-Oilwell Varco, Inc.(NYSE:NOV) shares gained 2.53% and closed at $70.53. NOV’s stock had its “buy” rating restated by equities researchers at TheStreet in a report issued on Mar. 12.
Additionally, the company has scheduled a conference call to discuss the first quarter results of 2013 on Friday, April 26, 2013 at 8:00 a.m. Central Time. Financial results for the first quarter of 2013 are expected to be released that morning before the market opens.
Is NOV a Strong Buying Opportunity After The Recent Slump? Find out Here
Silvercorp Metals Inc. (USA) (NYSE:SVM) shares gained 2.53% to $3.65. The company, on Feb. 13, announced that for fiscal 2014, the Company expects to increase ore production to 1.5 million tonnes, and will produce 6.7 million ounces of silver, 20,800 ounces of gold, 104.7 million pounds of lead and zinc, 300,000 pounds of tin and 20.5 million pounds of sulphur.
Is SVM a Strong Buying Opportunity After The Recent Slump? Find out Here
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