Dallas, TX -- (SBWIRE) -- 03/11/2013 -- 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:-
Tempur-Pedic International Inc. (NYSE:TPX) shares increased 5.82% to $45.10. The company on Mar. 8 announced that the Federal Trade Commission (“FTC”) has cleared the Company’s planned acquisition of Sealy. Based on this, the Company intends to close the acquisition on March 18, 2013, subject to customary closing conditions. As previously disclosed, Tempur-Pedic will acquire all of the outstanding common stock of Sealy for $2.20 per share and all of Sealy’s outstanding convertible and non-convertible debt, for a total transaction value of approximately $1.3 billion.
Get Latest News, Updates on TPX Here
The Goldfield Corporation (NYSE:GV) shares increased 5.53% and closed at $4.39. The 52 week trading range for the company is $0.61 - $4.19. The company is engaged in electrical construction, including (the placement of fiber optic cable) and real estate development. The electrical construction operation serves electric utilities and industrial companies throughout much of the United States.
Is GV a Strong Buying Opportunity After The Recent Slump? Find out Here
Zalicus Inc (NASDAQ:ZLCS) shares jumped 6.20% and closed at $0.738. Analysts at MLV Capital upped their price target on shares of ZLCS from $0.50 to $0.75 in a research report issued to clients and investors on Mar. 7. The firm currently has a “hold” rating on the stock.
Additionally, the company released its earnings data on Mar. 6. The company reported ($0.06) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.08) by $0.02. The company had revenue of $3.67 million for the quarter, compared to the consensus estimate of $3.12 million.
Is ZLCS Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here
Procera Networks, Inc. (NASDAQ:PKT) shares increased 5.36% to $12.97. The company reported on Feb. 28 fourth quarter non-GAAP net income of $0.12 per share, down from $0.15 per share last year. The consensus estimate was for EPS of $0.14.
Additionally, the company also announced an initial multi-year contract from Orange Switzerland. The initial order is to provide Procera's Intelligent Policy Enforcement solutions, specifically the PL8820, PacketLogic Intelligence Center and the PacketLogic Subscriber Manager, for deployment throughout Orange's network as a replacement for an existing solution.
Get latest News, Updates on PKT Here
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