Traders Recap: Toyota Motor, BankUnited, Coinstar, Foot Locker

Dallas, TX -- (SBWIRE) -- 03/08/2013 -- 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:-

Toyota Motor Corporation (ADR) (NYSE:TM) decreased 0.05% to $103.21 in the pre-market trading hours. The 52-week range for the stock is $72.04 and $106.0. Toyota Motor Corporation will implement executive, organizational and personnel changes to further strengthen its management structure toward realizing the Toyota Global Vision announced in March 2011.The new structure is based on a review of the organization's way of working and making decisions, and is aimed at achieving real competitiveness and realizing sustainable growth.

Get Latest News, Updates on TM Here

BankUnited (NYSE:BKU) slipped 0.88% to $25.85 in the pre-market trading hours. The Company announced the pricing of an underwritten offering of 19,600,000 shares of its common stock by certain of its existing stockholders at $25.25 per share. The Company will not receive any proceeds from the offering. Morgan Stanley & Co. LLC and BofA Merrill Lynch are acting as joint book-running managers for the offering.

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

Coinstar, Inc. (NASDAQ:CSTR) soared 1.01% to $52.96 in the pre-market trading hours. The Company announced that it has priced its previously announced private offering and will sell $350 million in aggregate principal amount of senior unsecured notes due 2019. The Notes will be sold to investors at a price of 100.000% of the principal amount thereof and will have an interest rate of 6.000% per annum with semi-annual cash interest payments. The closing is expected to occur on March 12, 2013. Coinstar intends to use the proceeds from the offering for general corporate purposes.

Is CSTR Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here

Foot Locker, Inc. (NYSE:FL) slipped 3.71% to $34.0 in the pre-market trading hours. The Company reported fourth quarter net income of $104 million, or $0.68 per share versus net income of $81 million or $0.53 per share in the prior year period. The fourth quarter sales increased 14% to $1,713 million. Fourth quarter comparable-store sales increased 7.9%.

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

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