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:-
Valassis Communications, Inc. (NYSE:VCI) shares fell 10.23% to $27.12 after the company updated its FY13 earnings guidance yesterday. The company provided earnings per share (EPS) guidance of ~$3.50 for the period, compared to the Thomson Reuters consensus estimate of $3.52.
The company announced its earnings results yesterday. The company reported $0.85 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.95 by $0.10. The company had revenue of $579.40 million for the quarter, compared to the consensus estimate of $556.61 million.
Is VCI a Buy After The Latest Announcement? Find out Here
Trina Solar Limited (ADR) (NYSE:TSL) shares decreased 9.27% to $4.50. The 52 week trading range for the company is $2.04 - $10.28. The shares of the company declined 53% in the last one year. The company is an integrated solar-power products manufacturer based in China with a global distribution network covering Europe, North America and Asia.
Is TSL a Buy after the Solid report? Get Special Coverage Here
Athersys, Inc. (NASDAQ:ATHX) shares declined 8.11% to $1.53. The company yesterday announced that it has adjourned its special meeting of stockholders scheduled for 9:00 a.m. Eastern Time today, February 21, 2013, until 9:00 a.m. Eastern Time on Thursday, February 28, 2013, in order to ensure a quorum exists and to solicit additional proxies for a warrant exercise price adjustment proposal to approve the adjustment of the exercise price of the Company's March 2012 warrants from $2.07 per share to $1.01 per share.
How Should Investors Trade ATHX After The Latest Earnings Report? Find Out Here
LIN TV Corp (NYSE:TVL) shares declined 7.87% to $10.66. The company, on Feb. 12, announced today that it has entered into and closed a transaction agreement with Comcast Corporation ("Comcast"), affiliates of NBCUniversal Media, LLC ("NBC"), General Electric Company ("GE") and General Electric Capital Corporation ("GECC") pursuant to which a wholly-owned subsidiary of LIN exited its joint venture with NBC and LIN was released from its guaranty of the $815.5 million note payable by this joint venture to GECC (the "Note").
How Should Investors Trade TVL After The Latest Earnings Report? Find Out Here
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