Dallas, TX -- (SBWIRE) -- 03/11/2013 -- 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:-
Cereplast Inc (PINK:CERP) shares increased 6.13% to $0.0329. The company, on Feb. 20, announced the incorporation of a new wholly owned subsidiary, Algaeplast™, Inc. Algaeplast’s focus will be the development and manufacture of algae-based bioplastics.
Additionally, the company, on Feb. 7, announced that it has appointed Mr. Michael Okada as Chief Financial Officer, effective February 5, 2013. Mr. Okada has been the acting Interim Chief Financial Officer of the Company since February 2012.
Is CERP a Strong Buy After The Recent Gain? Let’s Find out Here
Chelsea Therapeutics International Ltd.(NASDAQ:CHTP) shares increased 6.08% and closed at $1.92. The Company, on Mar. 7, reported financial results for the fourth quarter and full year ended December 31, 2012. For the quarter ended December 31, 2012, CHTP reported a net loss of $2.2 million or ($0.03) per share versus a net loss of $12.5 million or ($0.20) per share for the same period in 2011. For the twelve months ended December 31, 2012, Chelsea reported a net loss of $31.7 million or ($0.47) per share compared to a net loss of $50.5 million or ($0.84) per share for the same period in 2011.
Is CHTP a Strong Buying Opportunity After The Recent Slump? Find out Here
LKQ Corporation (NASDAQ:LKQ) shares jumped 5.99% and closed at $21.42. Deutsche Bank on Mar. 1 reiterated its Hold rating on LKQ, and raised its price target from $18.50 to $20.00.
Additionally, the company, on Feb. 28, announced that it expects net income $305 million to $330 million and Diluted EPS $1.00 to $1.09 in fiscal 2013. Analysts were expecting the Company to report net income of $327 million and EPS of $1.08 for fiscal 2013.
Should Investors Consider LKQ After The Recent price Action? Get Free Trend Analysis Here
United Continental Holdings Inc (NYSE:UAL) shares climbed 5.88% to $31.35. The company, on Mar. 8, reported that its traffic in February 2013 decreased 3.4% from last year, on a capacity decrease of 8.4%. The airline said its February 2013 traffic declined 3.4% to 13.74 billion revenue passenger miles or RPMs from 14.21 billion RPMs in the same period last year. The airline's February 2013 capacity was 17.46 billion available seat miles or ASMs, down 8.4% from 19.05 billion ASMs a year earlier. Passenger load factor was 78.7%, up 4.1 points from 74.6% reported in the same month last year.
Should Investors Consider UAL After The Recent price Action? Get Free Trend Analysis Here
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