Lakeway, TX -- (SBWIRE) -- 02/26/2013 -- Bestdamnpennystocks, 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:-
Trina Solar Limited (ADR) (NYSE:TSL) shares decreased 4.28% to $4.47. The 52 week trading range for the company is $2.04 - $10.28. The shares of the company declined 53% in the last one year. The company is an integrated solar-power products manufacturer based in China with a global distribution network covering Europe, North America and Asia.
How Should Investors Trade TSL After The Recent Movement? Find Out Here
Tenet Healthcare Corporation (NYSE:THC) shares fell 4.27% and closed at $37.63 in the last trading session. The company, on Feb. 21, announced that it has entered into a definitive agreement to acquire Emanuel Medical Center, a 209-bed hospital located in Turlock, Calif. The acquisition of Emanuel Medical Center represents a significant step in expanding Tenet's integrated healthcare network in California's Central Valley region. Emanuel Medical Center will join Doctors Medical Center of Modesto and Doctors Hospital of Manteca in providing patient-centered care in the region. Terms of the transaction were not disclosed.
Is THC Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here
J.C. Penney Company, Inc. (NYSE:JCP) shares dropped 4.27% to $21.51. Equities research analysts at JPMorgan Chase decreased their price target on shares of J.C. Penney from $20.00 to $18.00 in a research note issued to investors last week. The firm currently has a “neutral” rating on the stock.
Additionally, the company’s shareholders appear to be at an increased risk of a dilutive convertible offering under terms of an amended credit agreement, argue Credit Suisse analysts last week.
Is JCP a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here
United Rentals, Inc. (NYSE:URI) shares decreased 4.25% to $50.47. URI‘s stock had its “hold” rating reaffirmed by TheStreet in a research note issued on Feb. 15.
Additionally, the company, on Jan. 23, reported fourth quarter net income from continuing operations of $41 million or $0.40 per share, higher than $29 million or $0.39 per share in the prior-year quarter. Adjusted earnings from continuing operations for the quarter were $1.27 per share. Analysts expected the company to report earnings of $1.01 per share for the fourth quarter. Total revenues for the quarter surged to $1.25 billion from $746 million in the same quarter last year, but missed analysts' consensus estimate of $1.26 billion by a whisker.
How Should Investors Trade URI After The Latest Earnings Report? Find Out Here
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