Lakeway, TX -- (SBWIRE) -- 03/06/2013 -- 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:-
J.C. Penney Company, Inc. (NYSE:JCP) plunged 10.63% and closed at $14.96 on a traded volume of 53.31 million shares. Martha Stewart said that she was shocked that Macy's Inc. had objected so strongly when she signed a deal with rival retailer J.C. Penney Co Inc. Stewart was testifying in a trial over claims by Macy's that her agreement to sell certain products in J.C. Penney stores violated an existing contract to sell her products at Macy's.
How Should Investors Trade JCP After The Recent Volatile Moves? Find Out Here
Casella Waste Systems Inc. (NASDAQ:CWST) moved down 10.17% and closed at $4.24 on a traded volume of 1.01 million shares. The Company released third quarter results. The revenues were $115.0 million, up 0.4% from the same quarter last year driven by higher solid waste collection pricing and acquisition activity. The net loss attributable to common stockholders was ($11.4) million, or ($0.29) per share for the quarter compared to net loss of ($24.6) million or ($0.92) per share for the same quarter last year.
Is CWST Showing Any Sign of Buy At The Current Market Price? Get Our Free Trend Analysis Here
Neostem Inc. (NYSEAMEX: NBS) slipped 8.95% and closed at $0.535 on a traded volume of 2.75 million shares. The 52-week range for the stock is $0.30 and $0.84. The Company has Price/Sales ratio of 1.18 and Price/Book ratio of 1.89. The 50-Day Moving Average and 200-Day Moving Average prices is $0.63 and $0.65 respectively.
Can NBS Rebound After The Recent Slump and Investors Can Make Money? Find Out Here
Xinyuan Real Estate Co., Ltd. (ADR) (NYSE:XIN) decreased 7.14% and closed at $4.68 on a traded volume of 2.83 million shares. The Company announced expects revenue to be in the range of USD130 and USD140 million and net income is expected to be in the range of USD16 to USD18 million for first quarter of 2013. For fiscal 2013, it expects revenue to a range between USD750 and USD775 million and net income is expected to be in the range of USD90 million to USD100 million.
Is XIN Ready To Move Back To New Highs This Year? Find Out Here
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