Stocks Recap: Central European Distribution Corp, Millennial Media, Yingli Green Energy Hold, Velti Plc

Dallas, TX -- (SBWIRE) -- 03/19/2013 -- 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:-

Central European Distribution Corp (NASDAQ:CEDC) shares fell 7.37% to $0.352. The company, on Mar. 18, announced that CEDC has terminated its offer to exchange new common stock in CEDC for its outstanding 3.00% Senior Notes due 2013, launched on February 25, 2013 and amended on March 8, 2013. CEDC will continue to solicit votes from the holders of the 2013 Notes on an amended pre-packaged chapter 11 plan of reorganization that is included in a supplement to the offering memorandum distributed by CEDC in respect of the exchange offers launched on February 25, 2013, as amended on March 8, 2013.

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

Millennial Media, Inc.(NYSE:MM) shares decreased 7.26% and closed at $7.41. The company, on Feb. 19, reported fourth quarter GAAP EPS of $0.03, as compared to the loss of $0.07 in the previous year. Revenue increased to $58.0 million from $34.5 million a year ago. The consensus estimates were for EPS of $0.03 and revenues of $62.89 million.

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

Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) shares decreased 6.88% to $2.30. YGE’s stock was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a report released on Mar. 7. They currently have a $3.20 target price on the stock.

The company released its earnings data Mar. 4. The company reported ($0.93) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.42) by $0.51. The company had revenue of $466.00 million for the quarter, compared to the consensus estimate of $366.38 million.

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

Velti Plc(NASDAQ:VELT) shares decreased 6.13% to $1.99. The company, on Mar. 12, announced its financial results for the fourth quarter and fiscal year ended Dec. 31, 2012. The company posted fourth quarter revenue of $97.5 million, an increase of 12% from the same period last year. Fourth quarter GAAP net loss was $5.2 million and diluted EPS of $(0.08) compared with net income of $25.0 million and EPS of $0.40 in the same epriod a year ago.

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

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