Lakeway, NY -- (SBWIRE) -- 02/28/2013 -- 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:-
Baidu.com, Inc. (ADR) (NASDAQ:BIDU) went down 0.42% and closed at $89.35 on a traded volume of 2.78 million shares. Earlier this month, the Company announced that for the first quarter of 2013, it expects total revenues in an amount ranging from RMB5.890 billion to RMB6.080 billion. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenues $963.7 million for the first quarter of 2013.
Get Latest News, Updates on BIDU Here
American Axle & Manufact. Holdings, Inc. (NYSE:AXL) soared 2.99% and closed at $12.76 on a traded volume of 1.56 million shares. Fitch Ratings has assigned a rating of 'B-/RR6' to American Axle & Manufacturing, Inc.'s proposed issuance of $400 million in senior unsecured notes due 2021. AAM is the principal operating subsidiary of American Axle & Manufacturing Holdings, Inc. (AXL). Fitch's Issuer Default Rating for both AXL and AAM is 'B+' and the Rating Outlook for both is Positive.
Is AXL a Strong Buying Opportunity After The Recent Slump? Find out Here
CSX Corporation (NYSE:CSX) augmented 2.98% and closed at $22.80 on a traded volume of 9.59 million shares. CSX Corporation executive vice president and chief financial officer, will address the JP Morgan Aviation, Transportation and Defense Conference in New York City, N.Y. on March 6, at 8:00 a.m. Eastern Time. CSX Corporation, together with its subsidiaries, is a transportation supplier. The Company provides rail-based transportation services, including traditional rail service and the transport of intermodal containers and trailers.
Is CSX Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here
Cabot Oil & Gas Corporation (NYSE:COG) soared 2.98% and closed at $62.57 on a traded volume of 3.23 million shares. Cabot Oil & Gas Corporation reported year-end 2012 proved reserves of 3.8 trillion cubic feet equivalent, an increase of 27%over year-end 2011. This is 100 percent organically generated growth and represents the third consecutive year of reserve growth exceeding 20%, after adjusting for the sale of its Rocky Mountain properties in 2011. Total reserve replacement from all sources was 417% at a finding cost of $0.87 per thousand cubic feet equivalent.
Get latest News, Updates on COG Here
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