Lakeway, NY -- (SBWIRE) -- 03/07/2013 -- 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:-
Colgate-Palmolive Company (NYSE:CL) shares gained 1.60% to $117.20 in the pre-market hour after the Board of Directors of Colgate-Palmolive today approved a two-for-one split of the Company's common stock to be effected through a stock dividend and increased the ongoing quarterly cash dividend by 10%, both effective in second quarter 2013.
Is CL a Strong After The recent price Movement? Let’s Find out Here
Ciena Corporation (NASDAQ:CIEN) stock jumped 14.79% to $17.15 in the pre-market hour after the company today said its first-quarter GAAP net loss was $47.32 million, from last year's $47.7 million loss, with three-month loss per share reducing to $0.47, from $0.49 a year back. On a non-GAAP basis, Ciena's adjusted net income totaled $12.3 million, or $0.12 per share in the recent quarter. Analysts expected loss per share of $0.14 for the quarter. Quarterly revenue stood at $453.1 million, compared with last year's $416.7 million. Analysts estimated revenues of $449.14 million for the quarter.
Is CIEN a Strong Buying Opportunity After The Recent Slump? Find out Here
Ross Stores, Inc. (NASDAQ:ROST) stock fell 0.28% to $59.53 in the pre-market hour after the company today reported that sales increased 3% to $726 million for the four weeks ended March 2, 2013, up from $707 million for the four weeks ended March 3, 2012. Comparable store sales for the four weeks ended March 2, 2013 declined 1% versus the same period last year. This compared to a strong 9% gain for the four weeks ended February 25, 2012.
Is ROST Signaling a Buy Signal After The recent Volatility? Let’s Find out Here
Horizon Pharma Inc (NASDAQ:HZNP) shares climbed 10.24% to $2.05 in pre-market hour after the company today announced that the United Kingdom (UK) Medicines and Healthcare products Regulatory Agency (MHRA) has granted marketing authorization for DUEXIS® (ibuprofen/famotidine) for the symptomatic treatment of osteoarthritis, rheumatoid arthritis and ankylosing spondylitis in patients who require regular treatment with high dose ibuprofen administered three times a day and who are at risk of developing non-steroidal anti-inflammatory drug (NSAID) associated gastric and/or duodenal ulcers
Is HZNP a Strong Buying Opportunity After The Recent Gain? Find out Here
Inovio Pharmaceuticals, Inc. (NYSEAMEX:INO) shares declined 26.10% to $0.510 in the pre-market hour after the company today priced an underwritten offering of 27,377,266 shares of its common stock and warrants to purchase up to 13,688,633 shares of common stock at a combined price to the public of $0.55 per share and related warrant for gross proceeds of $15.1 million. The warrants are exercisable at an exercise price of $.7936 per share and will expire, unless exercised, on the date that is 180 days after the fifth anniversary of the date of issuance.
Is INO a Still a Buy after the Solid momentum? Let’s Find out Here
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