Dallas, TX -- (SBWIRE) -- 03/12/2013 -- 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:-
TETRA Technologies, Inc. (NYSE:TTI) shares jumped 6.94% and closed at $9.71 in the last trading session. TTI’s stock was upgraded by research analysts at TheStreet from a “sell” rating to a “hold” rating in a report released on Mar. 4.
Additionally, the company issued its quarterly earnings data on Feb. 28. The company reported ($0.05) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.18 by $0.23. The company had revenue of $231.10 million for the quarter, compared to the consensus estimate of $222.58 million.
Get Latest News, Updates on TTI Here
Golden Star Resources Ltd. (USA) (NYSEAMEX:GSS) shares gained 6.67% to $1.60. Analysts at Credit Suisse have decreased their earnings outlook for GSS yesterday and reduced the price goal on the stock to $1.60 from $1.80. The firm said the change reflects more capital expenditure will be faced this year (+$26M vs. Credit Suisse est.) and updating for a Feb. 9-10th mine tour.
Is GSS a Strong Buying Opportunity After The Recent Slump? Find out Here
RadioShack Corporation (NYSE:RSH) shares gained 6.42% to $3.48. The company, on Mar. 4, announced in accordance with New York Stock Exchange rules that it has made inducement grants of 500,000 shares of restricted stock and options to purchase 2,500,000 shares of common stock to Joseph C. Magnacca, its new chief executive officer. Mr. Magnacca officially joined RadioShack as chief executive officer on February 11, 2013.
Additionally, the company, on Feb. 26, reported a fourth quarter loss of $63.3 million, or 63 cents a share, versus a profit of $11.9 million, or 12 cents a share, a year earlier. RadioShack logged income from continuing operations before tax of $2.6 million for the quarter versus $17.8 million a year earlier. Net sales fell 6.5% to $1.3 billion. Analysts had most recently forecast a per-share loss of five cents on revenue of $1.36 billion.
Is RSH Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here
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