Lakeway, TX -- (SBWIRE) -- 02/27/2013 -- vb-news.net, 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:-
Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) decreased 1.84% to $18.64 on a traded volume of 5.32 million shares. So far this year, the stock is up over 11%. The 52-week range for the stock is $9.13 and $21.48. Melco Crown Entertainment Limited is a holding company. The Company, along with its subsidiaries, is engaged in the gaming and hospitality business.
How Should Investors Trade MPEL After The Solid Jump? Let’s Find Out Here
Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) moved down 1.84% to $20.82 on a traded volume of 2.80 million shares. The Company posted net loss for the fourth quarter ended December 31, 2012 of $60.5 million or $0.36 per share compared to net loss of $51.8 million, or $0.38 per share in the same period in 2011. As of December 31, 2012, cash, cash equivalents and marketable securities totaled $164.4 million compared to $306.3 million at December 31, 2011.
Is ARIA Ready To Jump Again After The Solid Momentum? Get Free Trend Analysis Here
Tata Motors Limited (ADR) (NYSE:TTM) slipped 1.84% to $26.73 on a traded volume of 2.74 million shares. Earlier, the Company posted fourth quarter loss of 4.5 billion rupees compared to profit of 1.7 billion rupees in the previous year. The loss was fueled by an 11.3% decline in unit sales. The demand for vehicles in India has been hit by poor economic conditions, which hurt Tata's mainstay commercial vehicle sales especially hard, as well as by rising fuel and tax rates and high interest rates. The company said higher marketing and launch costs for a new line of Range Rover vehicles dragged down Jaguar Land Rover's profits.
Is TTM Buy After The Recent Price Movement? Find Out Here
E Commerce China Dangdang Inc. (ADR) (NYSE:DANG) declined 1.75% to $3.92 on a traded volume of 1.07 million shares. So far this year, the stock is down over 6%. The 52-week range for the stock is $3.68 and $11.25. E-Commerce China Dangdang Inc. is a holding company. It is a business-to-consumer (B2C), e-commerce Company in the People’s Republic of China.
Is DANG Buy After The Recent Price Movement? Find Out Here
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