Lakeway, NY -- (SBWIRE) -- 03/04/2013 -- 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:-
ADTRAN, Inc. (NASDAQ:ADTN) shares dropped 5.41% and closed at $21.14 in the last trading session. The company, on Feb. 26, announces a major upgrade of its award-winning Bluesocket virtual WLAN (vWLAN®) software which consolidates and adds key features targeted towards the growing market for hosted WLAN and mobile offload services.
Additionally, the company, on Feb. 25, announced that its Ethernet over Fiber (EoF) solutions are providing the infrastructure foundation for Texhoma Fiber. With more than 250 miles of fiber optic lines installed across Oklahoma and Texas, Texhoma Fiber provides wholesale internet, native Ethernet backhaul and transport services for communications, telephone and cable TV companies, as well as businesses needing high speed fiber optic transmission.
Is ADTN a Strong After The recent price Movement? Let’s Find out Here
Molycorp Inc (NYSE:MCP) shares fell 5.37% to $5.81 after the company, last week, announced that it will require an extension of time to file its Annual Report on Form 10-K. The Form 10-K would otherwise have been required to be filed no later than March 1, 2013.
Additionally, the company also said it is delaying its quarterly results and its annual report as it has yet to determine the size of a goodwill impairment charge that will be recorded in the fourth quarter. The company was originally expected to report financial results for the fourth quarter and full year ended December 31. It said it now expects to file its annual report by March 15 and will reschedule its fourth-quarter and full-year 2012 earnings conference call to coincide with this filing.
Is MCP a Strong Buying Opportunity After The Recent Slump? Find out Here
Walter Energy, Inc. (NYSE:WLT) shares dropped 5.19% to $30.14. The company, on Feb. 20, reported a fourth quarter loss of $71 million, or $1.13 a share, compared with a year-earlier profit of $80.3 million, or $1.28 a share. Revenue slipped 32% to $478.8 million. Analysts had projected a loss of 89 cents a share and revenue of $511 million.
Additionally, WLT’s stock was upgraded by analysts at Iberia Capital from a “sector perform” rating to an “outperform” rating in a research report issued to clients and investors last week.
Is WLTSignaling a Buy Signal After The recent Volatility? Let’s Find out Here
InvenSense Inc (NYSE:INVN) shares decreased 5.16% and closed at $11.40. The company, on Feb. 25, announced its third generation 9-axis MotionTracking device with the lowest power and best-in-class performance. The world’s smallest 9-axis solution, the MPU-9350 combines an accelerometer, gyroscope, and electronic compass into a 3x3x1mm QFN package.
Is INVN a Strong Buying Opportunity After The Recent Gain? Find out Here
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