Stocks in Spotlight: LaSalle Hotel Properties, ReneSola Ltd, Velti Plc, YPF

Lakeway, TX -- (SBWIRE) -- 02/22/2013 -- 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:-

LaSalle Hotel Properties (NYSE:LHO) shares dropped 6.70% and closed at $25.06 in the last trading session. The company, on Feb. 20, reported fourth quarter Funds from operations, or FFO, of $41.4 million or $0.47 per share from $28.2 million or $0.36 per share in the year-earlier quarter. Adjusted FFO for the quarter was $41.1 million or $0.45 per share. Net income increased to $10.0 million or $0.11 per share from $0.6 million or $0.01 per share in the same period last year. Fourth-quarter revenues totaled $215.7 million, up from $179.0 million in the prior year period. Analysts expected the company to earn $0.47 per share on revenues of $210.57 million.

Is LHO after A Solid Pop Up? Find Out Here

ReneSola Ltd. (ADR) (NYSE:SOL) shares dropped 6.54% and closed at $2.43. The 52 week trading range for the company is $1.08 - $3.11. The shares of the company fell 10% in the last one year. The company is a global manufacturer of solar wafers and producer of solar power products based in the People's Republic of China. ReneSola possess a global network of suppliers and customers that includes some of the global manufacturers of solar cells and modules.

Will SOL Continue To Trend Lower After The Recent Fall? Find Out Here

Velti Plc (NASDAQ:VELT) shares decreased 6.46% and closed at $3.62. The 52 week trading range for the company is $3.07 - $14.65. The shares of the company fell 59% in the last one year. The company is a global provider of mobile marketing and advertising technology and solutions. The Company’s mGage platform provides agencies and companies a set of tools including analytics and reporting, and business intelligence.

Is VELT a Buy Opportunity After The Recent Slump? Find Out Here

YPF SA (ADR) (NYSE:YPF) shares declined 6.33% to $15.24. The company, on Feb. 18, announced that its Board of Directors at the meeting held on February 18, 2013 approved the issuance and placement of negotiable bonds in the amount of up to ARS 1,500,000,000 in one or more classes or series and re-issuance of negotiable bonds under the Global Program of Negotiable Bonds in the amount of USD 3,000 million, which was approved by the shareholders on September 13, 2012.

Is YPF Still a Buy After The Recent momentum? Find Out Here

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