Stocks in Spotlight: Copart, Vringo, Unisys Corporation, Avis Budget Group Inc

Dallas, TX -- (SBWIRE) -- 03/14/2013 -- 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:-

Copart, Inc.(NASDAQ:CPRT) shares jumped 5.22% and closed at $33.89. The company, on Feb. 27, reported second-quarter net income of $39.64 million, from $40.60 million in the same quarter last year. On a per share basis, profit remained flat at 31 cents for both the comparable second quarters. Analysts expected the company to report earnings of $0.36 per share for the quarter. Total service revenues and vehicle sales for the quarter increased to $266.18 million from $227.90 million in the prior year quarter. Analysts had a consensus revenue estimate of $244.71 million for the quarter.

Get Latest News, Updates on CPRT Here

Vringo, Inc. (NYSEAMEX:VRNG) shares climbed 5.19% and closed at $3.04. The company, on Feb. 21, announced that its wholly-owned subsidiary, Vringo Germany GmbH, extended its patent infringement lawsuit against the ZTE Corp. China, and its German subsidiary, ZTE Deutschland GmbH (ZTE). The pleading, filed in the District Court of Mannheim, alleges infringement of the German part of European Patent 1,186,119.

Additionally, the company announced that the Company will host a conference call for investors on March 21, 2013 at 5:00pm Eastern Time. Vringo will release its financial results that day after the market close.

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

Unisys Corporation(NYSE:UIS) shares gained 5.18% to $24.15 in the last trading session. UIS India, on Feb. 21, announced the results of Cloud 20/20 Version 4.0, the latest instalment of one of India's largest online technical project contests. The contest recognizes innovative thinking by students across India in addressing the technical challenges of cloud computing. This year the contest took a slightly different approach from past years. Instead of simply submitting papers, participants were required to put theory into practice.

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

Avis Budget Group Inc. (NASDAQ:CAR) shares climbed 4.91% and closed at $27.77. The company, on Mar. 8, announced that it has completed approximately $525 million in debt financing intended to fund its pending acquisition of Zipcar (Nasdaq:ZIP). As part of the funding package, the Company issued its first Euro-denominated notes, further diversifying its capital structure to reflect the global nature of its operations.

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

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