Stocks in News: Peregrine, Labor Smart, AUCTIONS, Graystone

Dallas, TX -- (SBWIRE) -- 03/12/2013 -- 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:-

Peregrine Pharmaceuticals (NASDAQ:PPHM) slipped 4.38% to $1.55 on a traded volume of 621k shares. Piper Jaffray initiated coverage on Peregrine Pharmaceuticals with an overweight rating and $2.50 price target.

The company will report financial results for the third quarter of the fiscal year 2013 on March 12, 2013 after market and will host a conference call and webcast at 1:30 PM Pacific Daylight Time. Peregrine's senior management will discuss financial results for the third quarter ended January 31, 2013 of FY 2013 and will review recent progress of its clinical development programs.

Is PPHM a Strong Buy After The Recent Gain? Let’s Find out Here

Labor Smart Inc. (OTC: LTNC) went down 5.78% to $0.692 on a traded volume of 28k shares. Labor SMART, Inc. announced the hiring of Brian Middleton to head up regional operations in the state of Missouri. Brian Middleton spent over 12 years with True Blue, Inc. Labor Smart Inc. provides temporary blue-collar staffing services. The Company supplies general laborers on demand to the light industries, including manufacturing, logistics, and warehousing, skilled trades’ people, and general laborers to commercial construction industries.

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

AUCTIONS INTL INC (PINK: AUCI) moved down 16.67% to $0.0015 on a traded volume of 20.62 million shares. Auctions International Inc. announced that Rangemore Productions Corp's new joint venture partner Flick Me Productions Limited has been approved by the Her Majesty's Revenue and Customs to issue tax credits under the HMRC Enterprise Investment Scheme.

Should Investors Consider AUCI After The Recent price Action? Get Free Trend Analysis Here

Graystone Company Inc. (PINK: GYST) is currently trading at $0.0030 on a traded volume of 1.99 million shares. The Graystone Company announced that the Company's heavy equipment arrived at the mining site Gorila. The mining crew is currently setting up the equipment and expects to begin operating the equipment this week. Once the equipment is operational it is expected that the Company will be able to produce 50 - 75 grams of gold per day. The Company filed the environmental impact study on February 5, 2013 and can now begin to fully utilize the heavy machinery in Peru.

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

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