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:-
Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) shares climbed 2.92% to $2.47. YGE’s stock was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a report released on Mar. 7. They currently have a $3.20 target price on the stock.
The company released its earnings data Mar. 4. The company reported ($0.93) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.42) by $0.51. The company had revenue of $466.00 million for the quarter, compared to the consensus estimate of $366.38 million.
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Velti Plc(NASDAQ:VELT) shares increased 2.91% to $2.12. The company, on Mar. 12, announced its financial results for the fourth quarter and fiscal year ended Dec. 31, 2012. The company posted fourth quarter revenue of $97.5 million, an increase of 12% from the same period last year. Fourth quarter GAAP net loss was $5.2 million and diluted EPS of $(0.08) compared with net income of $25.0 million and EPS of $0.40 in the same epriod a year ago.
Is VELT a Strong Buying Opportunity After The Recent Gain? Find out Here
Hercules Offshore, Inc.(NASDAQ:HERO ) shares increased 2.82% and closed at $7.30. The company, on Mar. 15, said it won the dismissal of a lawsuit challenging its executive pay decisions that a judge said was based on “flawed premises.” A shareholder, Pinchus E. Raul, sued the Houston-based company in 2011 in federal court in Delaware saying the board wrongly ignored an investor vote for “say on pay” that rejected increases in executive compensation, including a raise to $2.5 million in 2010 from $1.3 million for Chief Executive Officer John T. Rynd.
Is HERO Signaling a Buy After The Solid gain? Don’t Miss Out Free Trend Analysis Here
Key Energy Services, Inc. (NYSE:KEG) shares increased 2.81% to $8.77. The company, on Mar. 5, announced that the expectation for first quarter 2013 earnings would be $0.02 to $0.04 a share. Analysts on an average were expecting the Company to report EPS of $0.04 for the first quarter of 2013.
Additionally, the company, on Feb. 14, reported fourth quarter 2012 consolidated revenues of $466.5 million, generating income from continuing operations of $13.5 million, or $0.09 per share. Third quarter 2012 consolidated revenues were $490.9 million with income from continuing operations of $22.1 million, or $0.15 per share.
Is KEG a Strong Buying Opportunity After The Recent Surge? Get Free Trend Analysis Here
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