Dallas, TX -- (SBWIRE) -- 03/22/2013 -- 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:-
Keryx Biopharmaceuticals(NASDAQ:KERX) shares fell 3.30% to $7.03. The company, on Mar. 11, announced its results for the fourth quarter and year ended December 31, 2012. The net loss for the fourth quarter was $6.6 million or $0.09 per share, compared to $8.4 million, or $0.12 per share for the 2011.
Additionally, the company, on Mar. 13, announced the appointment of Amit Sharma , M.D. to the newly created position of Vice President, Medical Affairs.
Get Latest News, Updates on KERX Here
Krispy Kreme Doughnuts (NYSE:KKD) shares fell 3.19% to $14.58. The company, on Mar. 14, reported fourth-quarter net income of $4.8 million or $0.07 per share, down from $143.5 million or $2.01 per share last year. Adjusted net income for the quarter improved to to $7.4 million or $0.11 per share from $4.0 million or $0.06 per share last year. Analysts expected earnings of $0.12 per share for the quarter. Revenues for the three-month period grew 15.9 percent to $118.1 million from $102.0 million last year. Analysts estimated revenues of $115.93 million for the quarter.
Is KKD a Strong Buying Opportunity After The Recent Slump? Find out Here
Gleacher & Company Inc (NASDAQ:GLCH) shares fell 2.71% and closed at $0.610. GLCH’s stock was downgraded by investment analysts at Gleacher & Co. from a “neutral” rating to an “underperform” rating in a note issued to investors on Feb. 25. They currently have a $0.70 target price on the stock.
Additionally, the company, on Feb. 25. announced that it has closed the sale of substantially all of the assets of its ClearPoint subsidiary to Homeward Residential, Inc., a wholly owned subsidiary of Ocwen Financial Corporation pursuant to an agreement previously announced.
Is GLCH Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here
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