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Traders Recap: RadioShack Corporation, Career Education Corp., Alpha Natural Resources, Westport Innovations

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

RadioShack Corporation (NYSE:RSH) shares gained 4.42% to $3.54. 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.

How Should Investors Trade RSH After The Recent Price movement? Find out Here

Career Education Corp. (NASDAQ:CECO) shares climbed 4.25% and closed at $2.70. The company, on Feb. 27, reported total revenue of $354.7 million, and a net loss of $61.5 million, or -$0.93 per diluted share, for the fourth quarter of 2012, as compared to total revenue of $438.3 million and net loss of $120.4 million, or -$1.64 per diluted share, for the fourth quarter of 2011.

Additionally, BMO Capital Markets, on Mar. 4, reiterated its Market Perform rating on CECO, but slightly lowered its price target from $4.00 to $3.00.

Is CECO a Strong Buying Opportunity After The Recent Slump? Find out Here

Alpha Natural Resources, Inc. (NYSE:ANR) shares gained 4.09% to $8.65. The company announced that members of Alpha's management team will participate in Howard Weil's 41st Annual Energy Conference on Wednesday, March 20, 2013; and Barclays Americas Mining and Materials Forum on Thursday, March 21, 2013.

Additionally, the company, on Mar. 11, announced that 10 mines and other facilities operated by its affiliates in West Virginia have been honored for outstanding safety achievements in 2012, including the state's top safety award for surface mining.

Is ANR a Pump & Dump Story? Let’s Find out Here

Westport Innovations Inc. (USA) (NASDAQ:WPRT) shares increased 4.08% to $31.64. The company on Mar. 7 reported financial results for the fourth quarter and year ended December 31, 2012 and provided an update on operations. For the quarter ended December 31, 2012 Westport reported a net loss of $37.6 million or $0.68 per share compared to $14.5 million or $0.30 per share for the same period last year. For the year ended December 31, 2012 the company reported a net loss of $98.8 million or $1.83 per share compared to $60.2 million or $1.26 per share for the same period last year.

Is WPRT a Strong Buying Opportunity After The Recent Gain? Find out Here

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