Dallas, TX -- (SBWIRE) -- 03/18/2013 --
FelCor Lodging Trust Incorporated (NYSE:FCH) shares gained 1.79% to $5.68. The company, on Feb. 19, announced that for fiscal 2013, it expects same-store RevPAR to increase between 5%-6%; adjusted EBITDA to be between $186 million and $205 million; adjusted FFO per share to be between $0.31 and $0.43; and net loss attributable to FelCor to be between $70 million and $63 million. Analysts on an average were expecting the Company to report EBITDA $200 million, adjusted FFO per share of $0.15 and net income of ($93) million for fiscal 2013.
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Seattle Genetics, Inc. (NASDAQ:SGEN) shares gained 1.79% to $33.55. 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 a Strong Buying Opportunity After The Recent Slump? Find out Here
PAREXEL International Corporation(NASDAQ:PRXL) shares increased 1.72% to $38.94. The company, on Mar. 14, provided an update and announced the next steps with regard to the Company's share repurchase program. As originally announced on August 8, 2012, the Company's Board of Directors authorized the repurchase of up to $200 million of the Company's common stock. In conjunction with a 10b5-1 open market trading plan that was announced on September 17, 2012, the Company repurchased approximately 1.6 million shares for $50 million.
Is PRXL Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here
Pacific Ethanol Inc (NASDAQ:PEIX) shares climbed 1.71% to $0.410. Chromatin, Inc., and Pacific Ethanol, Inc. on Feb. 19 announced they have entered into a multi-year agreement to produce, deliver and use locally grown sorghum in the production of ethanol. The agreement covers up to 30,000 acres of Chromatin sorghum to be grown over multiple years and supplied to Pacific Ethanol.
Is PEIX Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here
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