Stocks in Focus: Under Armour Inc, HSBC Holdings, Spirit Airlines Incorporated, Lululemon Athletica Inc

Lakeway, NY -- (SBWIRE) -- 03/15/2013 -- ThePennyStockProfiler.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:-

Under Armour Inc(NYSE:UA) shares gained 2.76% and closed at $51.08. The National Football League (NFL), General Electric Co. (GE) and Under Armour Inc. (UA) on Mar. 11 said they will join in a four- year, $60 million effort to develop imaging technology for detecting, treating and preventing brain injuries. The NFL, GE and Under Armor, a maker of sports apparel, also will spend $20 million to challenge researchers to develop new ideas for helmets and other safety equipment.

Get Latest News, Updates on UA Here

HSBC Holdings plc (ADR)(NYSE:HBC) shares increased 2.75% to $55.71 in the last trading session. Reuters reported that HSBC Holdings PLC on Mar. 6 has started searching for a replacement for its auditor, KPMG. A new audit firm, if appointed, will begin its work in 2015, HSBC said in its annual report.

Additionally, the company, on Mar. 5, has agreed to sell two portfolios of consumer loans in the United States for $3.2 billion in cash as part of a strategy to slim down its U.S. operations.

Is HBC a Strong Buying Opportunity After The Recent Gain? Find out Here

Spirit Airlines Incorporated(NASDAQ:SAVE) shares climbed 2.74% and closed at $24.75. The company, on Mar. 13, announced the purchase of 21 CorPower lithium electric GSE retrofit kits for their Fort Lauderdale operations. This order represents conversion of Spirit's entire Fort Lauderdale fleet of baggage tractors.

Additionally, research analysts at Cowen increased their target price on shares of SAVE from $23.00 to $28.00 in a report released on Mar. 14. The firm currently has a “buy” rating on the stock.

Is SAVE Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here

Lululemon Athletica inc. (NASDAQ:LULU) shares gained 2.68% to $70.47. The company announced that its financial results for the fourth quarter and full year fiscal 2012 will be released Thursday, March 21, 2013. The company will host a conference call at 9:00 a.m. Eastern time to discuss the financial results.

Is LULU a Strong Buying Opportunity After The Recent Slump? Find out Here

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