Lakeway, NY -- (SBWIRE) -- 03/18/2013 -- 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:-
New Oriental Education & Tech Grp (ADR) (NYSE:EDU) shares increased 8.39% and closed at $16.02 as a buyout offer for Chinese tutoring firm Ambow Education Holding Ltd. fueled speculation the bigger company may also be targeted. The company is a provider of private educational services in China based on the number of program offerings, total student enrollments and geographic presence.
Get Latest News, Updates on EDU Here
Quantum Corp(NYSE:QTM) shares climbed 8.27% to $1.44. The company, on Feb. 27, announced that Framestore, a leading visual effects and computer animation studio, has selected Quantum's StorNext® File System and StorNext Storage Manager™ for its high-performance workflow and digital content archive. With StorNext software, Framestore can collaborate seamlessly on its entire workspace of 130 TB of content, as well as automatically migrate assets across the entire workflow from edit to archive, resulting in a 30-60 percent increase in productivity.
Is QTM a Strong Buying Opportunity After The Recent Gain? Find out Here
Lone Pine Resources Inc (NYSE:LPR) shares gained 7.69% to $1.26. The company, on Mar. 14, announced financial and operational results for the fourth quarter and full year 2012. The company reported an adjusted net loss in the fourth quarter of 2012 of $12.9 million or $(0.15) per diluted share compared to an adjusted net loss of $11.6 million or $(0.14) per diluted share in the third quarter of 2012.
Is LPR Signaling a Buy After The Solid gain? Don’t Miss Out Free Trend Analysis Here
Sony Corporation (ADR) (NYSE:SNE) shares climbed 7.67% to $17.26. An analyst at Daiwa Securities boosted rating on the stock to ‘buy’ from ‘neutral,’ citing that the company could turn profitable in fiscal 2014 due to strong smartphone sales.
Additionally, the company, on Mar. 13, said it is planning to release mid-range phones in its Xperia lineup. One device is that expect to have an association with the Xperia L. The Xperia L family phone also referred as C210X and is now codenamed Tao Shan has been leaked on Internet. Despite this, the other Xperia smartphone that has been marked in the feral recently is the Xperia SP.
Is SNE a Strong Buying Opportunity After The Recent Surge? Get Free Trend Analysis Here
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