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:-
Staples, Inc. (NASDAQ:SPLS) stock jumped 4.30% to $13.58. The company, on Mar. 6, posted fourth quarter profit of $78.1 million, or 12 cents a share, from $283.6 million and 41 cents a share in the year-earlier period. Adjusted earnings were 46 cents a share. Sales ticked up 3% to $6.57 billion, but fell 4.2% discounting an extra week in this year’s period. Analysts projected per-share earnings of 45 cents and revenue of $6.72 billion.
Additionally, SPLS’s stock had its price target lowered by Nomura from $16.00 to $13.00 in a research report sent to investors on Mar. 11. The firm currently has a neutral rating on the stock.
Is SPLS a Strong Buy After The Recent Gain? Let’s Find out Here
Perion Network Ltd(NASDAQ:PERI) shares gained 4.15% to $10.03 in the last trading session. The company, on Mar. 13, reported that its fourth-quarter of 2012 net income rose to $593 thousand or $0.05 per share from $192 thousand or $0.02 per share in the year ago quarter. Non-GAAP net income was $3.6 million or $0.32 per share, more than double the $1.6 million or $0.16 per share in the fourth quarter of 2011. Non-GAAP Revenues for the quarter were $21.4 million, increasing 90%, compared to the fourth quarter of 2011.
Is PERI a Strong Buying Opportunity After The Recent Slump? Find out Here
Stratasys, Ltd. (NASDAQ:SSYS) shares increased 3.81% to $71.20. The company, on Mar. 12, announced the launch of the Objet30 OrthoDesk 3D Printer, specially designed for smaller orthodontic labs and clinics. The Objet30 OrthoDesk now makes digital orthodontics accessible for facilities of all sizes.
Additionally, analysts at Gabelli initiated coverage on shares of Stratasys in a research note to investors on Feb. 25. They set a “hold” rating and a $69.00 price target on the stock.
Should Investors Consider SSYS After The Recent price Action? Get Free Trend Analysis Here
Navistar International Corp (NYSE:NAV) shares increased 3.59% to $36.93. The company on Mar. 7 announced a first quarter 2013 net loss of $123 million, or $1.53 per diluted share, as compared to a first quarter 2012 net loss of $153 million, or $2.19 per diluted share. Adjusted first quarter 2013 loss from continuing operations of $114 million, or $1.42 per diluted share, as compared to a first quarter 2012 loss from continuing operations of $144 million, or $2.06 per diluted share.
Should Investors Consider NAV After The Recent price Action? Get Free Trend Analysis Here
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