Lakeway, NY -- (SBWIRE) -- 03/14/2013 -- 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:-
Starwood Property Trust, Inc. (NYSE:STWD) shares jumped 1.11% and closed at $28.13 after Research analysts at FBR Capital raised their target price on shares of STWD from $28.00 to $35.00 in a report released on Mar. 12.
Additionally, the company on Feb. 27 reported fourth-quarter profit of $58.43 million, up from $41.07 million in the same period last year. Net income attributable to the company increased to $56.33 million from $41.03 million last year. On a per-share basis, earnings dropped to $0.42 from $0.44 last year. Core earnings for the period totaled $64.49 million or $0.48 per share.
Get Latest News, Updates on STWD Here
Government Properties Income Trust (NYSE:GOV) shares increased 1.12% to $25.20. The company, on Mar. 11, announced that CommonWealth REIT commenced a public offering of 9,950,000 GOV common shares under an effective registration statement filed by GOV. CWH has agreed to pay all the costs associated with this offering, and GOV will not receive any proceeds from the sale of the shares. The joint bookrunning managers for this offering are Citigroup, BofA Merrill Lynch and RBC Capital Markets. The joint lead managers are Jefferies, Morgan Stanley and UBS Investment Bank.
Is GOV a Strong Buying Opportunity After The Recent Gain? Find out Here
Splunk Inc (NASDAQ:SPLK) shares increased 1.18% and closed at $38.56. The company, on Mar. 12, announced Splunk® Enterprise has been selected as the Reader Trust Award winner in the Best Security Information Event Management (SIEM) Appliance category of the 2013 SC Awards. Splunk Enterprise was selected by a panel representing a cross-section of SC Magazine readership, comprised of large, medium and small enterprises from all major vertical markets, including financial services, healthcare, government, retail, education and other sectors.
Is SPLK Signaling a Buy After The Solid gain? Don’t Miss Out Free Trend Analysis Here
ThePennyStockProfiler.com is engaged in providing the most up to date and useful information on Microcap Stocks poised to breakout. ThePennyStockProfiler.com also provides investors with trend analysis, detailed company profiles, and most importantly a much needed "informational edge" which can be used as a tool for making investment decisions. To Receive Instant updates in the inbox, readers are advised to sign up for free at http://www.ThePennyStockProfiler.com
The assembled information disseminated by ThePennyStockProfiler.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. ThePennyStockProfiler.com does expect that investors will buy and sell securities based on information assembled and presented in phd-trading.com. PLEASE always do your own due diligence, and consult your financial advisor.
Contact Us: 888-4-SBWIRE (US) - 920-321-1250 (International)