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:-
Cincinnati Bell Inc. (NYSE:CBB) shares increased 3.63% to $3.14. The company, on Feb. 27, said that fourth quarter revenue increased 3% to $375 million. Due to special items, net income resulted in a $9.8 million loss, or a loss of 6 cents per share. Net income increased 20.6% for the quarter. Analysts expected earnings of $0.05 on revenue of 367.72 million.
How Should Investors Trade CBB After The Recent Price movement? Find out Here
Clean Harbors Inc (NYSE:CLH) shares jumped 3.63% and closed at $53.97 in the last trading session after CLH’s stock was upgraded by Robert W. Baird from a “neutral” rating to an “outperform” rating in a research note issued on Mar. 7. The firm currently has a $61.00 price target on the stock, up from their previous price target of $59.00.
Additionally, the company released its earnings data on Feb. 20. The company reported $1.11 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.41 by $0.70. The company had revenue of $559.00 million for the quarter, compared to the consensus estimate of $536.78 million.
Is CLH a Strong Buying Opportunity After The Recent Slump? Find out Here
Penn West Petroleum Ltd (USA) (NYSE:PWE) shares gained 3.53% to $10.26. The company, on Feb. 14, updated its fiscal 2013 guidance and expects production of between 135,000 and 145,000 boe per day. The company is a Canadian exploration and production company. Penn West is engaged in the business of acquiring, exploring, developing, exploiting and holding interests in petroleum and natural gas properties and related assets.
Is PWE a Buy After The Latest Price Action? Find Out Here
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