Dallas, TX -- (SBWIRE) -- 03/18/2013 -- 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:-
W.P. Carey Inc. REIT(NYSE:WPC) shares gained 7.02% and closed at $68.45. The company, on Mar. 15, announced that its Board of Directors had increased the Company's first quarter 2013 cash dividend to $0.82 per share, which equates to an annualized rate of $3.28. Payable on April 15, 2013 to shareholders of record as of March 28, 2013, this marks W. P. Carey's 48th consecutive dividend increase and represents a 24% increase over the prior quarter.
How Should Investors Trade WPC After The Recent Price movement? Find out Here
Unwired Planet Inc(NASDAQ:UPIP) Shares raised 7.24% and closed at $2.37 in the last trading session. The company, on March 12, reported that it held an analyst day from noon to 2:30 pm Eastern Time at the Ritz Carlton in New York. This invitation-only event is for financial analysts and institutional investors. For other interested parties, the Unwired Planet Financial Analyst Day will be available as a live webcast
Additionally, the company, on Feb.19 announced a chief executive officer transition plan. Current CEO, Michael Mulica, has agreed to remain as CEO through the appointment of his successor and has entered into a separation agreement with Unwired Planet in which he agrees to stay as CEO through May 31, 2013.
Is UPIP a Strong Buying Opportunity After The Recent Slump? Find out Here
Zumiez Inc.(NASDAQ:ZUMZ) shares gained 5.33% and closed at $25.51.The company ,on March 14, reported record results for the fourth quarter and fiscal year ended February 2, 2013 .The company posted the net income of $22.9 million, or 74 cents per diluted share, up 22.1 percent from the same period in the previous year. Net sales grew to $224.4 million, also up 22.1 percent from the previous year. Total revenue jumped 16% to $118.1 million, just ahead of analyst anticipation of $117 million.
Is ZUMZ a Buy After The Latest Price Action? Find Out Here
Tower Group International Ltd(NASDAQ:TWGP) shares increased 4.83% to $18.23. The company, on March 15, posted a pretax profit of £49 million ($73.9 million) for 2012, compared with a loss of £61 million ($95.6 million) for 2011.
Additionally, on March 13, announced that it successfully merged into Canopious Holdings Bermuda Limited (CHBL) and renamed the holding company to Tower Group International, Ltd. Tower received majority of shareholder approval on its March 12, 2013 vote and received $217 million in additional equity as a consequence of the merger.
Is TWGP a Buy After The Latest Price Action? Find Out Here
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