Traders Recap: Aeropostale, Inc.(NYSE:ARO), Terex Corporation (NYSE:TEX), VeriFone Systems Inc (NYSE:PAY)

Lakeway, TX -- (SBWIRE) -- 03/18/2013 -- 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:-

Aeropostale, Inc.(NYSE:ARO) shares gained 3.49% to $14.23 after Investment analysts at Wells Fargo cut their target price on shares of Aeropostale (NYSE: ARO) from $13.00 to $12.00 in a note issued to investors today. The firm currently has a “market perform” rating on the stock.

Additionally, the company, on Mar. 14, reported results for the fourth quarter of 2012 and fiscal 2012. The Company also provided guidance for the first quarter of fiscal 2013. For the fourth quarter of fiscal 2012, net sales decreased 1% to $797.7 million, from $808.4 million in the year ago period. The Company reported a net loss for the fourth quarter of fiscal 2012 of $0.7 million, or $0.01 per diluted share.

How Should Investors Trade ARO After The Recent Movement? Find Out Here

Terex Corporation (NYSE:TEX) shares gained 3.91% to $35.63. The company announced that it will host an Analyst Meeting on Wednesday, March 20, 2013 at the Waldorf Astoria Hotel, 301 Park Avenue, New York, NY 10022.

Additionally, the company, on Feb. 19, announced that for fiscal 2013 it expects earnings per share (EPS) to be between $2.40 and $2.70 (excluding restructuring and unusual items) on net sales of between $7.9 billion and $8.3 billion.

Is TEX Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here

VeriFone Systems Inc (NYSE:PAY) shares climbed 3.67% to $21.47. The company, today, announced the appointment of Jennifer Miles to president, VeriFone Americas; Bulent Ozayaz to president, VeriFone Southern Europe, Russia, Middle East and Northern Africa; Johan Tjärnberg to president, VeriFone Europe and Southern Africa; and Eliezer Yanay to chief operations officer, effective today. Miles, 41, joined VeriFone in 2001 and led the significant growth of the company's North American business, including Retail, Global Security and Vertical Solutions, over the past 10 years.

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