Stocks to Watch: Power One Inc, Amarin Corporation, the Kroger Co.(NYSE:KR), EXCO Resources Inc (NYSE:XCO)

Lakeway, NY -- (SBWIRE) -- 03/08/2013 -- 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:-

Power One Inc (NASDAQ:PWER) shares climbed 3.09% and closed at $4.34. PWER’s stock was upgraded by analysts at Raymond James from an “outperform” rating to a “strong-buy” rating in a research report issued to clients and investors on Feb. 19. The firm currently has a $6.00 price target on the stock.

Additionally, on Feb. 5, Panasonic Corp. said it has signed a strategic alliance with Power-One Inc. of the U.S. in the field of energy management--such as stationary power storage systems--on a global basis. The Japanese company is promoting energy management business that combines high-efficiency solar panels, power inverters and power-storage systems in the domestic housing market.

Get Latest News, Updates on PWER Here

Amarin Corporation plc (ADR) (NASDAQ:AMRN) shares jumped 3.09% to $8.68. The company yesterday announced that the United States Patent and Trademark Office (USPTO) has published notification of a Notice of Allowance for Amarin's U.S. Patent Application Serial Number 13/614,111titled Stable Pharmaceutical Compositions and Methods of Using the Same.

Is AMRN a Strong Buying Opportunity After The Recent Slump? Find out Here

The Kroger Co.(NYSE:KR) shares raised 3.03% to $30.25. The company yesterday reported fourth quarter EPS of $0.77, $0.07 better than the analyst estimate of $0.70. Revenue for the quarter came in at $24.2 million versus the consensus estmate of $24.01 million. Full-year net earnings for fiscal 2013 are expected to range from $2.71 to $2.79 per diluted share.

Is KR Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here

EXCO Resources Inc (NYSE:XCO) shares jumped 3.01% and closed at $7.19. The company, on Mar. 4, announced that Stephen F. Smith has decided to retire from EXCO on June 1, 2013 and has further decided not to stand for re-election to EXCO's Board of Directors at the 2013 annual meeting of shareholders. Mr. Smith will serve as a full-time EXCO employee until June 1, 2013 to assist with certain transition matters. Mr. Smith retired from his duties as EXCO's President effective February 28, 2013 and will retire from his duties as EXCO's Chief Financial Officer effective April 1, 2013.

Get latest News, Updates on XCO Here

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