Lakeway, NY -- (SBWIRE) -- 03/12/2013 -- 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:-
CONSOL Energy Inc. (NYSE:CNX) shares gained 1.90% to $32.73. CNX’s stock was upgraded by investment analysts at BMO Capital Markets from a “market perform” rating to an “outperform” rating in a note issued to investors on Mar. 11. Additionally, analysts at Goldman Sachs downgraded shares of CONSOL Energy from a “buy” rating to a “neutral” rating in a research note to investors March 4. They now have a $36.00 price target on the stock, up previously from $34.00.
How Should Investors Trade CNX After The Recent Price movement? Find out Here
Clearwire Corporation (NASDAQ:CLWR) shares jumped 1.89% and closed at $3.24. The company, on Feb. 27, announced that it has elected to take the $80 million March draw under the terms of its agreements with Sprint Nextel Corporation ("Sprint") that provide additional financing to Clearwire in the form of exchangeable notes, which will be exchangeable under certain conditions for Clearwire common stock at $1.50 per share, subject to adjustment under certain conditions. Clearwire no longer has any right to take the first two monthly draws under the Sprint Financing Agreements.
Is CLWR a Strong Buying Opportunity After The Recent Slump? Find out Here
Wabash National Corporation (NYSE:WNC) shares jumped 1.86% to $10.42 after Equities research analysts at BMO Capital Markets started coverage on shares of WNC in a research note issued to investors on Mar. 11. The firm set an “outperform” rating on the stock.
Additionally, the company, on Feb. 18, announced that Mark Weber, Chief Financial Officer, and Jeff Taylor, Vice President of Finance & Investor Relations, will participate in the 2013 ISI Industrials Conference to be held at The Palace Hotel in New York City on Tuesday, March 5, 2013.
Is WNC a Pump & Dump Stroy? Let’s Find out Here
Northstar Realty Finance Corp. (NYSE:NRF) shares increased 1.86% to $9.33. The company, on Feb. 20, announced that it has priced an underwritten public offering of 30,000,000 shares of common stock at a public offering price of $8.39 per share. The Company has granted the underwriters a 30-day option to purchase up to 4,500,000 additional shares of common stock. The offering is expected to close on February 25, 2013. Deutsche Bank Securities and UBS Investment Bank are acting as the joint book-running managers of the offering. The Company intends to use the net proceeds of the offering to make investments relating to its business, to repurchase or pay its liabilities and for general corporate purposes.
Is NRF a Strong Buying Opportunity After The Recent Gain? Find out Here
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