Lakeway, NY -- (SBWIRE) -- 03/07/2013 -- 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:-
First Solar, Inc.(NASDAQ:FSLR) shares increased 3.19% to $25.590. FSLR’s stock had its “neutral” rating reaffirmed by research analysts at Macquarie in a report released yesterday. They currently have a $24.00 target price on the stock.
Additionally, the company, on Feb. 26, reported a fourth-quarter profit of $154.2 million or $1.74 per share, compared to a loss of $413.1 million or $4.78 per share last year. Adjusted earnings for the quarter improved to $2.04 per share from $1.26 per share last year. Analysts expected earnings of $1.76 per share for the fourth quarter. Sales for the three-month period surged to $1.08 billion from $660.35 million a year ago. Analysts expected revenues of $1.32 billion for the fourth quarter.
Get Latest News, Updates on FSLR Here
NQ Mobile Inc (ADR) (NYSE:NQ) shares gained 3.18% to $8.77 after the company yesterday announced that for the first quarter of 2013, it expects net revenues to be in the range of $32.8 million and $33.3 million and raises fiscal 2013 net revenue guidance from the previously issued range of $150 million to $155 million to a range of $178 million to 183 million. Analysts expect the Company to report revenues of $29.69 million for the first quarter of 2013 and revenues of $153.99 million for fiscal 2013.
Is NQ a Strong Buying Opportunity After The Recent Slump? Find out Here
Clean Energy Fuels Corp. (NASDAQ:CLNE) shares climbed 3.16% and closed at $13.04 after Crowell Weedon & Co. yesterday reiterated its Buy rating and $25.00 price target on Clean Energy Fuels Corp.
Additionally, the company, on Feb. 28, reported a fourth quarter loss of $41.7 million or $0.46 per share, from $20.9 million or $0.29 per share last year. Adjusted net loss for the quarter was $0.23 per share, compared to $0.21 per share in the same quarter last year. Meanwhile, revenue for the quarter rose to $99.1 million, from $86.2 million in the fourth quarter prior year. Analysts expected the company to report a loss of $0.22 per share on revenues of $91.53 million for the quarter.
Is CLNE Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here
Xylem Inc (NYSE:XYL) shares jumped 3.13% and closed at $29.34. The company, on Mar. 1, announced that it has acquired MultiTrode Pty Ltd, a privately held Australia-based water and wastewater technology and services company, for approximately $26 million. The actual terms of the transaction were not disclosed.
Get latest News, Updates on XYL Here
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