Dallas, TX -- (SBWIRE) -- 03/08/2013 -- 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:-
Rite Aid Corporation (NYSE:RAD) went down 2.34% and closed at $1.67 on a traded volume of 12.98 million shares. Rite Aid's total revenue for the five-week period declined 3.7% to $2.46 billion. The company's fiscal fourth quarter also ended March. 2. Total revenue for that 13-week period fell 2.4% to $6.43 billion. The nation's third largest drugstore chain operated 4,623 stores as of March 2. Rite Aid trails only Walgreen Co. and CVS Caremark Corp. in terms of store totals.
Get Latest News, Updates on RAD Here
Valero Energy Corporation (NYSE:VLO) slipped 2.33% and closed at $46.51 on a traded volume of 10.95 million shares. The 52-week range for the stock is $20.0 and $48.97. The Company has Price/Sales ratio of 0.18 and Price/Book ratio of 1.42. The 50-Day Moving Average and 200-Day Moving Average prices is $44.18 and $34.74 respectively.
Is VLO a Strong Buying Opportunity After The Recent Slump? Find out Here
Fidelity National Information Services (NYSE:FIS) moved down 2.29% and closed at $37.53. The Company announced that an affiliate of Warburg Pincus LLC has agreed to sell 19,272,336 shares of FIS common stock in a secondary public offering, constituting substantially all its remaining ownership position. FIS will not receive any proceeds associated with the secondary public offering. Goldman, Sachs & Co. will act as sole underwriter for the offering.
Is FIS Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here
HollyFrontier Corp (NYSE:HFC) declined 2.29% and closed at $56.83. The median Wall Street price target on the stock is $60.50 and the high target is set at $85.0 with majority of analysts have a buy rating on the company’s stock. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $53.19 and $44.71 respectively.
Is HFC Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here
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