Stocks in Spotlight: The Ryland Group, Leap Wireless International, Life Technologies Corp, Pandora Media Inc

Lakeway, TX -- (SBWIRE) -- 02/21/2013 -- 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:-

The Ryland Group, Inc. (NYSE:RYL) shares fell 8.34% and closed at $34.29. The company, on Feb. 14, announced the grand opening of their newest community, Tuscany, in beautiful Waxhaw, NC. Grand Opening festivities will be held on Saturday, Feb. 16 from 11 a.m. to 1 p.m. with a live radio remote featuring WKQC. Guests will enjoy lunch and a dessert bar catered by Dean and Deluca, horse-drawn carriage rides throughout the community and a bounce house for the kids. Tuscany features two collections of homes: the Discovery and Signature Collections.

Is RYL after A Solid Pop Up? Find Out Here

Leap Wireless International, Inc. (NASDAQ:LEAP) shares dropped 8.33% to $5.61 after the company yesterday reported a net loss for the fourth quarter of $74.3 million or $0.96 per share, compared to a net loss of $84.4 million or $1.10 per share for the year-ago quarter. Service revenues for the fourth quarter decreased 4.0% over the prior year quarter to $700.2 million. Total revenue for the fourth quarter declined 1.5% to $756.0 million from $767.4 million a year ago. Analysts expected the company to report a loss of $1.53 per share on revenue of $778.81 million for the fourth quarter.

Additionally, LEAP’s stock was upgraded by investment analysts at Janco Partners from a “buy” rating to a “strong-buy” rating in a note issued to investors on Feb. 1.

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

Life Technologies Corp. (NASDAQ:LIFE) shares dropped 8.25% to $58.13 after the company yesterday announced a dozen innovative new products for the Ion Torrent(TM) platform that will make sequencing faster, simpler and more accessible for scientists, driving discovery and advancing clinical research around the world.

According to Reuters, talks for the potential sale of Life Technologies to Thermo Fisher Scientific (NYSE: TMO) might have stalled following the recent run-up in Life's stock price. Sources said that the move has made an acquisition "less attractive."

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

Pandora Media Inc (NYSE:P) shares fell 8.18% to $12.12. The company, on Feb. 4, named Michael Herring as Chief Financial Officer for the Internet radio company. Herring had most recently been vice president of operations at Adobe Systems Inc. (US:adbe), where he was vice president of operations. Herring replaces Steve Cakebread, who had announced plans to leave Pandora last summer.

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

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