What's Next:Outdoor Channel Holdings, Ferro Corporation, DragonWave, Wireless Ronin Technologies

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

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