Lakeway, NY -- (SBWIRE) -- 03/14/2013 -- ThePennyStockProfiler.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:-
Avago Technologies Ltd (NASDAQ:AVGO) shares increased 1.52% and closed at $35.99. The company, on Mar. 13, announced a new 100G CFP2 optical transceiver, the AFBR-8420Z. The device is a 10-channel pluggable, multi-mode parallel optic transceiver module designed for high-density 100G Ethernet and Optical Transport Network (OTN).
Get Latest News, Updates on AVGO Here
Taiwan Semiconductor Mfg. Co. Ltd. (ADR)(NYSE:TSM) shares jumped 1.52% and closed at $18 after TSM’s stock was downgraded by UBS AG from a “buy” rating to a “neutral” rating in a research note issued on Mar. 13. They currently have a $18.54 price target on the stock. Additionally, analysts at TheStreet reiterated a “buy” rating on shares of Taiwan Semiconductor Mfg. Co. in a research note to investors on Mar. 4.
Is TSM a Strong Buying Opportunity After The Recent Gain? Find out Here
ValueClick Inc(NASDAQ:VCLK) shares gained 1.51% to $28.31 in the last trading session. The company, on Feb. 13, announced that for the first quarter of 2013, it expects revenue to be in the range of $165-$168 million, adjusted EBITDA in the range of $53-$55 million, non-GAAP diluted net income per common share (EPS) $0.39-$0.41 and GAAP diluted net income per common share $0.30-$0.31. Analysts are expecting the Company to report revenue of $165 million, EBITDA of $52 million and EPS of $0.39 for first quarter of 2013.
Is VCLK Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here
Regions Financial Corporation (NYSE:RF) stock gained 1.60% to $8.25. The company will begin trading ex-dividend on March 13, 2013. A cash dividend payment of $0.01 per share is scheduled to be paid on April 01, 2013. Shareholders who purchased RF stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 16th quarter that RF has paid the same dividend.
Is RF a Strong Buying Opportunity After The Recent Slump? Find out Here
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