Stocks in News: MEMC Electronic Materials, NXP Semiconductors, Dendreon Corporation, Juniper Networks

Lakeway, TX -- (SBWIRE) -- 03/08/2013 -- Bestdamnpennystocks, 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:-

MEMC Electronic Materials, Inc. (NYSE:WFR) shares dropped 2.04% to $5.27 after WFR’s stock was upgraded by equities researchers at Goldman Sachs from a “neutral” rating to a “buy” rating in a report issued yesterday. The firm currently has a $6.50 target price on the stock, up from their previous target price of $4.00.

Additionally, the company, on Mar. 4, announced that the Company's Board of Directors has appointed Randy H. Zwirn as a new independent member of the Board. Mr. Zwirn, 59, is the Chief Executive Officer, Energy Services Division of Siemens AG (NYSE: SI), Energy Sector. He also serves as President and Chief Executive Officer of Siemens Energy, Inc. with regional responsibility for the overall Energy Sector in the Americas.

How Should Investors Trade WFR After The Recent Movement? Find Out Here

NXP Semiconductors NV (NASDAQ:NXPI) shares fell 1.84% to $31.44 after the company today announced the pricing of the previously announced secondary offering of 25,000,000 shares of its common stock to be sold by certain of its principal stockholders, including affiliates of funds managed or advised by AlpInvest Partners B.V., Apax Partners LLP, Bain Capital Partners, LLC and Silver Lake Technology Management, L.L.C., pursuant to NXP's shelf registration statement on Form F-3.

Is NXPI Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here

Dendreon Corporation (NASDAQ:DNDN) shares decreased 2.12% to $6.The company, on Feb. 25, provided a quarterly loss versus a year-ago profit as revenue fell and restructuring costs weighed on the biotechnology company. The fourth-quarter loss was $38.7 million, or 26 cents per share, compared with a profit of $38.1 million, or 26 cents per share. Quarterly revenue fell to $85.5 million from $202.1 million a year ago.

Is DNDN a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here

Juniper Networks, Inc.(NYSE:JNPR) shares fell 1.89% to $20.72 after the company yesterday announced PEER 1 has deployed Juniper's integrated routing, switching and security technology in its U.K. data center to provide its customers with carrier-grade performance, reliability and security. PEER 1's new network supports the company's sustainable mission of reducing energy consumption while increasing processing power and utilizing less data center rack space.

Additionally, the company, on Mar. 6, said it has been recognized as one of the World's Most Ethical Companies for the third consecutive year by Ethisphere Institute, a leading international think-tank.

How Should Investors Trade JNPR After The Latest Earnings Report? Find Out Here

About bestdamnpennystocks.com
Best Damn Penny Stocks’ team is engaged in providing stock newsletters on various hot penny stocks on a regular basis. Our instant stock news on Major Gainers, small cap penny stocks and various other stocks, guides investors in making the wise stock market investments decision. In order to get update to the markets, we would advise you sign up to our free newsletters. You can become leader in stock market by keeping track of the daily activity.

Disclaimer
The assembled information disseminated by Bestdamnpennystocks.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Bestdamnpennystocks.com does expect that investors will buy and sell securities based on information assembled and presented in Bestdamnpennystocks.com. PLEASE always do your own due diligence, and consult your financial advisor.