Stocks in News: Fiesta Restaurant Group, AstraZeneca, Verisign, HCA Holdings

Lakeway, TX -- (SBWIRE) -- 03/22/2013 -- vbtrendreport.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:-

Fiesta Restaurant Group Inc(NASDAQ:FRGI) shares climbed 3.99% to $25.56. The company, on Mar. 21, announced the pricing of a secondary public offering of 2,900,000 shares of common stock at a price of $24.25 per share. All shares were offered by funds managed by Jefferies Capital Partners. The offering was upsized from the previously announced offering size of 2,500,000. The selling stockholders also granted the underwriters an option to purchase up to an additional 435,000 shares of common stock. Fiesta will not receive any proceeds from the sale of any shares in the offering. The closing of the offering is expected to occur on March 27, 2013, subject to satisfaction of customary closing conditions.

How Should Investors Trade FRGI After The Solid Jump? Let’s Find Out Here

AstraZeneca plc (ADR)(NYSE:AZN) shares gained 3.44% to $49.60. The company, on Mar. 21, announced a restructuring of its SG&A activities that will result in a global reduction in headcount of approximately 2,300. The majority of this headcount impact is related to programs under way or already communicated to affected employees. The Company is combining this SG&A restructuring with two previously announced programs. These comprise the headcount reduction of 1,600 related to the proposed Research & Development footprint changes announced on March 18, 2013, and the balance of the Phase 3 restructuring program announced in February 2012, which amounts to 1,150 roles.

Is AZN Ready To Jump Again After The Solid Momentum? Get Free Trend Analysis Here

Verisign, Inc.(NASDAQ:VRSN) shares gained 1.27% to $46.20. The Law Offices of Todd M. Garber on Mar. 13 announces that a class action lawsuit has been filed in the United States District Court for the Eastern District of Virginia on behalf of all purchasers of the common stock of VeriSign between June 25, 2012 and October 25, 2012, inclusive (the "Class Period").

Is VRSN Buy After The Recent Price Movement? Find Out Here

HCA Holdings Inc (NYSE:HCA) stock increased 2.36% to $39.47. HCA’s stock was downgraded by Macquarie from an “outperform” rating to a “neutral” rating in a research note issued on Mar. 12.

Additionally, the company posted its quarterly earnings results on Feb. 5. The company reported $0.92 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.83 by $0.09. The company had revenue of $8.43 billion for the quarter, compared to the consensus estimate of $8.95 billion.

Is HCA Buy After The Recent Price Movement? Find Out Here

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