Las Vegas, NV -- (SBWIRE) -- 03/04/2013 -- Cogonewsreport.com, an investor research portal specializing in several sectors including biotech and healthcare and tech stocks on the U.S. market, issues news updates on the following stock:-
Outdoor Channel Holdings, Inc. (NASDAQ:OUTD) augmented 15.50% to $8.72. The Company received an unsolicited, nonbinding, written proposal from Kroenke Sports & Entertainment, LLC to acquire all of its outstanding shares of common stock in an all-cash transaction at a price of $8.75 per share.
Can OUTD Extend Massive Gain? Find Out Here
Ferro Corporation (NYSE:FOE) escalated 26.92% to $6.60 on a traded volume of 2.64 million shares. A. Schulman, Inc. has offered a proposal to the Board of Directors of Ferro Corporation to acquire all the outstanding shares of Ferro common stock for per-share consideration of $6.50, representing an estimated total enterprise value of approximately $855 million including total indebtedness. The offer represents a 25% premium over the closing price of Ferro common stock on March 1, 2013.
Can FOE Extend Gain? Find Out Here
DragonWave, Inc. (USA) (NASDAQ:DRWI) plunged 25.10% to $1.79. The Company lowered revenue guidance for fourth quarter. The Company expects revenue for fourth quarter of 2013 of approximately $30 million. The main area of shortfall behind the revised revenue guidance is lower revenue from Nokia Siemens Networks during the fourth quarter when compared to third quarter of 2013. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $42 million for the fourth quarter of 2013.
How Should Investors Trade DRWI Now? Find Out Here
Wireless Ronin Technologies, Inc. (NASDAQ:RNIN) slipped 7.23% to $2.96. The Company announced fourth quarter results. Revenue in the fourth quarter of 2012 increased 5% to $1.6 million. Net loss in the fourth quarter of 2012 was $1.2 million or $(0.24) per share from a net loss of $1.7 million or $(0.41) per basic and diluted share in fourth quarter 2011.
Can RNIN Jump Again? Find Out Here
About Cogo News
Cogonewsreport.com has a finger on the pulse of many sectors including renewable energy, oil, pharma, mining, finance, and healthcare. Our in depth research and analysis of NASDAQ, OTCBB, Pink Sheets, and NYSE has yielded considerable gains for our subscribers.
Our to-the-minute reports and alerts coupled with breaking news, analysis, investment strategies, and FREE subscription email services contribute to our role as one of the leading investor relations marketing firms.
The assembled information disseminated by cogonewsreport.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. cogonewsreport.com does expect that investors will buy and sell securities based on information assembled and presented in phd-trading.com. PLEASE always do your own due diligence, and consult your financial advisor.
Contact Us: 888-4-SBWIRE (US) - 920-321-1250 (International)