Dallas, TX -- (SBWIRE) -- 03/19/2013 -- 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:-
Rentech, Inc.(NYSEAMEX:RTK) shares fell 3.08% to $2.52. The company, on Feb. 28, announced that it plans to cease operations at, reduce staffing at, and mothball its research and development (R&D) Product Demonstration Unit (PDU), in Commerce City, CO, and to eliminate all related R&D activities. The Company's strategy is focused on more immediate growth opportunities within the energy industry that do not rely on new technologies.
Additionally, the company, on Feb. 28, announced that it expects cost savings measures, as a result of these changes, it will eliminate 65 employee and contractor positions in the Company's alternative energy segment during the first half of 2013.
Get Latest News, Updates on RTK Here
Carnival Corporation(NYSE:CCL) shares dropped 2.95% to $33.92. Deutsche Bank analyst Richard Carter, on Mar. 18, reiterated a Buy rating on Carnival Corporation, but lowered the price target from $47.00 to $42.00.
Additionally, the company, on Mar. 13, announced non-GAAP net income of $65 million, or $0.08 diluted EPS for the first quarter of 2013. Reported U.S. GAAP net income, which included net unrealized losses on fuel derivatives of $28 million, was $37 million, or $0.05 diluted EPS. Non-GAAP net income for the first quarter of 2012 was $13 million, or $0.02 diluted EPS.
Is CCL a Strong Buying Opportunity After The Recent Slump? Find out Here
VIVUS, Inc. (NASDAQ:VVUS) shares fell 2.95% and closed at $10.87. The company, on Mar. 8, confirmed that affiliates of First Manhattan Co., which disclosed beneficial ownership of approximately 8.8% of the outstanding shares of VIVUS, submitted to the Company a notice of nomination of six director candidates to stand for election to the VIVUS Board of Directors at the Company's 2013 Annual Meeting of Stockholders. VIVUS stockholders are not required to take any action at this time.
Is VVUS Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here
Telefonica S.A. (ADR) (NYSE:TEF) shares decreased 2.94% to $14.51. Dow Jones reported on Mar. 14 that Telefonica SA sold EUR 1 billion (USD 1.3 billion), eight-year bond. Banca IMI, BBVA, Barclays, Citigroup, Lloyds and Mitsubishi UFJ Securities International were lead managers of the sale, which has the following terms: coupon of 3.961%, reoffer price of 100, spread of 250 basis points over midswaps, maturity on March 26, 2021 and payment date on March 27, 2013.
Is TEF Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here
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