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:-
Time Warner Inc (NYSE:TWX) shares gained 2.38% to $56.78. The company yesterday said that it'll spin off its magazine division, Time Inc., as an independent, publicly traded company later this year. The media giant ended talks to sell several magazine titles to Meredith. The spinoff follows an announcement by News Corp. to separate its entertainment and publishing businesses into two companies, a move that will be completed later this year.
Get Latest News, Updates on TWX Here
Wabash National Corporation (NYSE:WNC) shares jumped 2.37% to $9.51. The company, on Feb. 18, announced that Mark Weber, Chief Financial Officer, and Jeff Taylor, Vice President of Finance & Investor Relations, will participate in the 2013 ISI Industrials Conference to be held at The Palace Hotel in New York City on Tuesday, March 5, 2013.
Additionally, WNC’s stock posted its quarterly earnings results on Feb. 5. The company reported $0.32 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.31 by $0.01. The company had revenue of $415.84 million for the quarter, compared to the consensus estimate of $423.94 million. During the same quarter in the prior year, the company posted $0.11 earnings per share. The company’s quarterly revenue was up 21.7% on a year-over-year basis.
Is WNC a Strong Buying Opportunity After The Recent Slump? Find out Here
WisdomTree Investments, Inc. (NASDAQ:WETF) shares jumped 2.37% and closed at $9.52 in the last trading session. The company was scheduled to present at the Citi 2013 US Financial Services Conference in Boston, MA. The event was scheduled to begin at 2:00 PM ETMarch 5, 2013. The company is an asset management company that focuses on exchange-traded funds (ETFs).
Is WETF Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here
KBR, Inc. (NYSE:KBR) shares climbed 2.35% and closed at $30.95. The company, this week, announced it was selected by PT Panca Amara Utama (PAU) to provide licensing, engineering services and proprietary equipment for a new grassroots ammonia plant in Sulawesi, Indonesia. PAU's plan for a world scale grassroots plant with Ammonia capacity of 2000 Metric tonnes per day, will be built by Toyo Engineering Corporation and will be designed using KBR's Reforming Exchanger System and Purifier Technology.
Get latest News, Updates on KBR Here
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