Stocks in News: ASM International, Box Ships, Dole Food Company, MEMC Electronic Materials

Lakeway, NY -- (SBWIRE) -- 03/13/2013 -- 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:-

ASM International NV (ADR) (NASDAQ:ASMI) declined 13.32% to $34.95 on a traded volume of 25k shares. ASM International, through its ASM Pacific Holding BV subsidiary, is offering 39.92 million shares of ASM Pacific in a range of HK$88.88 to HK$91.77 each, putting the total deal at up to HK$3.66 billion. The price is equivalent to a discount of up to 8 percent to Wednesday's close of HK$96.60.

Is ASMI a Still a Buy after the Solid momentum? Let’s Find out Here

Box Ships Inc. (NYSE:TEU) moved down 9.08% to $5.21. The company plans to offer and sell $25,000,000 of its common shares in an underwritten public offering. The Company intends to grant the underwriters a 30-day option to purchase an additional $3,750,000 of its common shares to cover over-allotments, if any. The net proceeds of the offering are expected to be used by the Company for general corporate purposes, which may include the repayment of debt and the acquisition of vessels.

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

Dole Food Company, Inc. (NYSE:DOLE) decreased 5.63% to $11.07 on a traded volume of 10k shares. The Company reported fourth quarter loss of $210 million compared to profit of $4 million in the prior year period. It posted a loss from continuing operations of $88 million or 99 cents per share compared with a year-earlier profit from continuing operations of $6 million or six cents a share. Revenue declined 7.7% to $888 million. Analysts polled by Thomson Reuters recently projected a loss of two pennies on revenue of $1.3 billion.

Should DOLE Buy DOLE After The Recent Movement? Let’s Find out Here

MEMC Electronic Materials, Inc. (NYSE:WFR) went down 7.92% to $5.0. The Company expects Capex between $30 million and $40 million for the first quarter of 2013 and between $120 million and $140 million for the full year 2013.

The Company announced the formation of SunEdison Capital, a new division within its SunEdison subsidiary and has appointed Carlos Domenech to the newly created position of President.

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

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