Boston, MA -- (SBWIRE) -- 09/16/2013 -- At winstonsmallcap.com we focus on undervalued companies trading under $5. Right now the markets are surging and we are seeing an opportunity in micro-cap companies like we have never seen before. Let have a Look on: (Rentrak Corporation (NASDAQ:RENT), NewStar Financial Inc (NASDAQ:NEWS), Proofpoint Inc (NASDAQ:PFPT), Gafisa SA (ADR) (NYSE:GFA)
Rentrak Corporation (NASDAQ:RENT) shares increased 5.24% and closed at $31.91 in yesterday’s session. The company on Sept. 12 announced Dave Boylan has been elected to join its Board of Directors. This prominent endorsement of Rentrak by a highly respected and well-connected industry leader will help Rentrak's management team accelerate its exceptional growth in local television stations.
Additionally, the company on Sept. 10 announced a multi-year StationView Essentials contract with Crowley Webb, which will utilize Rentrak's ratings currency, including its Polk Automotive Segmentation, for its TV advertising clients. Crowley Webb will adopt Rentrak's local TV ratings currency in Baltimore and Buffalo to serve its local clients, including those in the automotive sector.
Is RENT A Strong Buy? Get Advantage Of Our Free Trend Analysis Here
NewStar Financial Inc (NASDAQ:NEWS) shares gained 5.22% to $15.32. The company on Sept. 13 announced that it completed a 400 million term debt securitization known as NewStar Commercial Loan Funding 2013-1. All classes of notes were priced at par and the transaction was upsized from 350 million, reflecting broad participation among institutional investors.
NewStar Commercial Loan Funding 2013-1 is NewStar's seventh securitization since inception and part of a programmatic approach to the company's funding strategy. The notes offered through this CLO transaction are backed by a diversified portfolio of commercial loans originated by NewStar.
Is NEWS A Good Buy After The Recent Price Movement? Find Out Here
Proofpoint Inc (NASDAQ:PFPT) shares gained 4.96% to $31.56. The company on Sept. 6 announced that it has completed its acquisition of Armorize Technologies, Inc., a leading developer of cloud-based (SaaS) anti-malware products. On August 9, 2013, Proofpoint announced the signing of its definitive agreement to acquire Armorize.
Founded by brothers Wayne and Matt Huang, Armorize's staff includes more than 35 Certified Ethical Hackers (CEH) and specializes in cloud-based threat intelligence, detection of 'zero-day' attacks and unknown vulnerabilities, real-time dynamic threat protection and advanced malware detection research.
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Gafisa SA (ADR) (NYSE:GFA) shares jumped 4.93% to $2.98. The company, on August 9, posted a larger-than-expected second-quarter loss due in part to sales cancellations at its low-cost Tenda unit. The company reported a 14.1 million reais ($6.21 million) net loss, compared with a 1 million real profit a year ago, although its results improved on the 55 million reais net loss from the first quarter of 2013. Analysts predicted an average second-quarter loss of 12.6 million reais.
How Should Investors Trade GFA After The Recent Volatility? Get Free Report Here
Here at Winston we focus on undervalued companies trading under $5. Right now the markets are surging and we are seeing an opportunity in micro-cap companies like we have never seen before. We focus on companies that we feel are trading at a discount to the market for various reasons. Enter your email and track our performance! We are sure you won’t sure you won’t be disappointed.
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