Dallas, TX -- (SBWIRE) -- 03/07/2013 -- 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:-
OpenTable Inc (NASDAQ:OPEN) shares gained 4.45% to $61.68. The company, on Feb. 7, reported quarterly results that beat analysts' estimates, helped by an increase in the number of seated diners. Net income rose 7% to $7.5 million, or 32 cents per share, in the fourth quarter from a year earlier. Adjusted earnings were 46 cents per share, 3 cents above analysts' average estimates. Revenue increased 16 percent to $43 million, slightly above the average analyst estimate of $42.5 million.
Is OPEN a Strong Buy After The Recent Gain? Let’s Find out Here
Northern Oil & Gas, Inc. (NYSEAMEX:NOG) shares increased 4.38% and closed at $14.53. BMO Capital Markets cut their target price on shares of NOG from $18.00 to $16.00 in a report issued this week. The firm currently has a “market perform” rating on the stock.
Additionally, the company posted its quarterly earnings results on Feb. 28. The company reported $0.34 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.27 by $0.07. The company had revenue of $81.75 million for the quarter, compared to the consensus estimate of $83.55 million.
Is NOG a Strong Buying Opportunity After The Recent Slump? Find out Here
MBIA Inc. (NYSE:MBI) shares jumped 4.49% and closed at $13.02. The company, on Mar. 5, won the dismissal of a lawsuit by Bank of America Corp and Societe Generale SA challenging its 2009 restructuring, sending the bond insurer's shares up 24 percent. Bank of America and Societe Generale, the French bank, were the only remaining plaintiffs among 18 financial companies that said the split defrauded policyholders such as themselves.
Additionally, MBI’s stock was upgraded by investment analysts at TheStreet from a “sell” rating to a “hold” rating in a note issued to investors on Mar. 1
Should Investors Consider MBI After The Recent price Action? Get Free Trend Analysis Here
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