Lakeway, NY -- (SBWIRE) -- 03/12/2013 -- 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:-
Tempur-Pedic International Inc. (NYSE:TPX) shares increased 1.93% to $45.97. The company on Mar. 8 announced that the Federal Trade Commission (“FTC”) has cleared the Company’s planned acquisition of Sealy. Based on this, the Company intends to close the acquisition on March 18, 2013, subject to customary closing conditions. As previously disclosed, Tempur-Pedic will acquire all of the outstanding common stock of Sealy for $2.20 per share and all of Sealy’s outstanding convertible and non-convertible debt, for a total transaction value of approximately $1.3 billion.
Get Latest News, Updates on TPX Here
Integrated Device Technology, Inc. (NASDAQ:IDTI) shares gained 1.92% to $6.90. Atmel Corporation (NASDAQ: ATML), on Mar. 7, announced that it has completed the acquisition of IDTI’s smart metering IC product lines and technologies, further enhancing Atmel's smart energy product portfolio. Terms of the transaction were not disclosed.
Is IDTI a Strong Buying Opportunity After The Recent Gain? Find out Here
Ultra Petroleum Corp. (NYSE:UPL) shares jumped 1.90% and closed at $18.75. The company, on Feb. 15, announced that for fiscal 2013, it expects annual production to range between 228-238 Bcfe. For first quarter of 2013, it expects production to range between 57.5-59.5 Bcfe. The company is an independent oil and gas company. The Company is engaged in the development, production, operation, exploration and acquisition of oil and natural gas properties.
Is UPL Signaling a Buy After The Solid gain? Don’t Miss Out Free Trend Analysis Here
Aeropostale, Inc.(NYSE:ARO)shares increased 1.90% and closed at $13.94. The company said that for the quarter ended Feb. 2, the company reported a profit of $94.8 million, or 47 cents a share, up from $51.3 million, or 26 cents a share a year earlier. Adjusted earnings were 55 cents a share compared with 39 cents. The company in January had reiterated its forecast for earnings of 54 cents to 56 cents a share. Net sales rose 8.6% to $1.12 billion, while same-store sales rose 4%. The company in January had forecast same-store sales growth in the mid single-digits, while analysts forecast net sales of $1.12 billion.
Additionally, ARO’s stock was downgraded by investment analysts at KeyBanc from a “buy” rating to a “hold” rating in a note issued to investors on Feb. 25.
Is ARO a Strong Buying Opportunity After The Recent Surge? Get Free Trend Analysis Here
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