Lakeway, NY -- (SBWIRE) -- 03/04/2013 -- 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:-
Wireless Ronin Technologies, Inc. (NASDAQ:RNIN) shares plummeted 25.70% and closed at $3.18 in the last trading session. The company, last week, said it has aligned with Samsung Electronics America, the number one worldwide provider of commercial LCD displays, to offer a breakthrough in digital signage solutions for retail, QSRs or any business looking to transform how they engage their customers and increase sales without the cost, complication and limitations of traditional digital signage.
Additionally, the company will hold a question and answer session tomorrow, February 28 at 4:30 p.m. Eastern time to address investor questions regarding the company's fourth quarter and full year 2012 financial results.
Is RNIN a Strong Buy After The Recent Slump? Let’s Find out Here
Central European Distribution Corp (NASDAQ:CEDC) shares decreased 17.36% and closed at $0.598. The company, on Feb. 25, announced that the Company and its subsidiary CEDC Finance Corporation International, Inc. have launched exchange offers to holders of their outstanding Convertible Senior Notes due 2013 and Senior Secured Notes due 2016. The exchange offers are part of a financial restructuring that contemplates a reduction of senior note debt by more than $750 million.
Is CEDC a Strong Buying Opportunity After The Recent Slump? Find out Here
Icahn Enterprises, L.P. (NASDAQ:IEP) shares declined 16% to $60.05. The company, on Feb. 28, announced that its registered public offering of 3,174,604 shares of depositary units representing limited partner interests in Icahn Enterprises, has been priced at $63.00 per depositary unit. Icahn Enterprises has also granted the underwriters an option for 30 days to purchase up to an additional 476,191 depositary units. The proceeds from the offering will be used for general corporate purposes.
Should Investors Consider IEP After The Recent price Action? Get Free Trend Analysis Here
Foster Wheeler AG (NASDAQ:FWLT) stock dropped 15.96% to $20.22. The company, on Mar. 1, reported fourth quarter net income of $6.30 million or $0.06 per share, sharply lower than $39.25 million or $0.34 per share in the prior-year quarter. Adjusted net income for the quarter was $28.94 million or $0.27 per share, compared to $44.78 million or $0.39 per share in the year-ago quarter. Analysts expected the company to report earnings of $0.46 per share for the quarter. Operating revenues for the quarter declined to $735.28 million from $1.13 billion in the same quarter last year, and missed analysts' consensus estimate of $976.55 million.
Get latest News, Updates on FWLT Here
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