Lakeway, NY -- (SBWIRE) -- 03/21/2013 -- 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:-
Rockwell Medical Inc(NASDAQ:RMTI) shares declined 6.86% to $3.26. The company, on Mar. 20, has entered into definitive agreements to sell 4,300,000 common shares at $3.00 per share in a registered direct offering for an aggregate offering amount of approximately $12.9 million. The net proceeds from the offering, after commissions and other estimated offering expenses, will be approximately $12.0 million. The closing of the offering is expected to take place on or before Monday, March 25, 2013, subject to the satisfaction of customary closing conditions.
Additionally, the company on Mar. 18 reported fourth-quarter net loss of $13.7 million or $0.66 per share, wider than 9.0 million or $0.48 per share reported last year. Sales for the quarter increased to $13.0 million from $11.9 million last year. Analysts estimated loss of $0.66 per share on sales of $13.04 million for the quarter.
Is RMTI a Strong After The recent price Movement? Let’s Find out Here
Homex Development Corp. (ADR) (NYSE:HXM) shares fell 6.24% and closed at $9.47. The company, on Mar. 20, announced that Moody’s has changed its outlook on the Company to negative from stable. The credit rating on the Company on the national scale has been affirmed at A3.mx.
Additionally, the company, on Feb. 26, reported a fourth quarter loss of 206.43 million pesos (US$16 million), as compared with a profit of 61.04 million pesos a year ago. Revenue rose 21.5 percent to 7.98 billion pesos compared with 6.57 billion pesos a year earlier, helped by payments from the government for jails that Homex is building.
Is HXM a Strong Buying Opportunity After The Recent Slump? Find out Here
Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) shares jumped 8.62% to $2.52. The company, on Mar. 20, announced that the Company has entered into a non-binding strategic cooperation framework agreement (the "Agreement") with GCL-Poly Energy Holdings Limited ("GCL-Poly"). GCL-Poly is a world leading PV materials supplier, PV system integrator, PV power plant investor and operator.
Additionally, the company released its earnings data Mar. 4. The company reported ($0.93) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.42) by $0.51. The company had revenue of $466.00 million for the quarter, compared to the consensus estimate of $366.38 million.
Is YGE a Strong Buying Opportunity After The Recent Gain? Find out Here
ThePennyStockProfiler.com is engaged in providing the most up to date and useful information on Microcap Stocks poised to breakout. ThePennyStockProfiler.com also provides investors with trend analysis, detailed company profiles, and most importantly a much needed "informational edge" which can be used as a tool for making investment decisions. To Receive Instant updates in the inbox, readers are advised to sign up for free at http://www.ThePennyStockProfiler.com
The assembled information disseminated by ThePennyStockProfiler.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. ThePennyStockProfiler.com does expect that investors will buy and sell securities based on information assembled and presented in phd-trading.com. PLEASE always do your own due diligence, and consult your financial advisor.
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-321-1250 (International)