Dallas, TX -- (SBWIRE) -- 03/19/2013 -- 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:-
Ambow Education Holding Ltd (ADR)(NYSE:AMBO) shares dropped 16.13% to $1.30 after the companuy yesterday announced that its Board of Directors received on March 15, 2013 a non-binding proposal (the "Proposal") from The Baring Asia Private Equity Fund V, L.P. ("Baring"), pursuant to which Baring proposes to acquire the outstanding securities of the Company for US$1.46 in cash for each American Depositary Share of the Company (each American Depositary Share representing two Class A ordinary shares of the Company) and US$0.73 in cash for each Class A and Class B ordinary share of the Company.
Get Latest News, Updates on AMBO Here
Ivanhoe Energy Inc. (USA)(NASDAQ:IVAN) shares decreased 13.03% and closed at $0.622 after the company, on Mar. 18, reported its 2012 financial results and 2013 business plan. The Company posted a net loss from continuing operations of $64 million, which represents a year-over-year increase of $37.2 million. The Company's capital investments amounted to $47.4 million in 2012, which is slightly less than the $51 million invested in 2011.
Is IVAN a Strong Buying Opportunity After The Recent Slump? Find out Here
Cereplast Inc (PINK:CERP) shares decreased 12.70% to $0.0275. The company, on Mar. 15, said it earned $37 million, or five cents per share, for the quarter that ended February 28. Last year, Carnival posted a loss of $139 million, or 18 cents per share. Overall revenue rose slightly to $3.59 billion, but analysts had predicted roughly $3.64 billion.
Is CERP Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here
LDK Solar Co., Ltd (ADR) (NYSE:LDK) shares fell 10.56% and closed at $1.27. The company, on Mar. 18, announced that Dr. Liangbao Zhu has resigned from the company for personal reasons effective March 17, 2013. Dr. Zhu joined LDK Solar in 2005 and served as executive vice president and a director of LDK Solar's Board. The resignation of Dr. Zhu does not affect the composition of the Audit, Compensation or Nominating and Corporate Governance Committees of LDK Solar's Board.
Is LDK Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here
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