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Los Angelas, CA -- (SBWIRE) -- 02/16/2013 -- MeadWestvaco Corp. (NYSE:MWV) soared 10.64% to $35.05 on a traded volume of 2.49 million shares. The stock was up after financier Nelson Peltz's Trian Fund Management said it had taken as stake in the company. According to a regulatory filing, Trian Fund now owns 1.6 million shares, worth about $51 million in the company.
MeadWestvaco Corporation is a global packaging company that provides packaging solutions to the healthcare, beauty and personal care, food, beverage, tobacco and home and garden industries. It other business operations serve the consumer and office products, specialty chemicals, forestry and real estate markets. MWV's segments include Packaging Resources, Consumer Solutions, Consumer & Office Products, Specialty Chemicals, and Community Development and Land Management.
What Are MWV’s Charts Signaling For Traders? Find Out Here
Forrester Research, Inc. (NASDAQ:FORR) traded up 0.07% during mid-day trading on Friday, hitting $26.93. Forrester Research has a 52 week low of $20.60 and a 52 week high of $36.00. The stock’s 50-day moving average is currently $27.20. The company has a P/E ratio of 23.81.
Forrester Research, Inc. is an independent research company. Its products and services are focused on specific roles, including senior management in business strategy, marketing, and information technology. Forrester's products and services include RoleView Research, Forrester Leadership Boards, data products and services, Forrester Consulting and Forrester Events.
Is FORR A Buy Or Sell At These Levels? Find Out Here
BioFuel Energy Corp. (NASDAQ:BIOF) rose 22.36 percent, or $1.22, to close at $6.73 in heavy trading. The stock, which normally has an average trading volume of about 168,000 shares, saw more than 1.7 million shares change hands. BioFuel Energy shares gained 16.28 percent on Thursday.
BioFuel Energy Corp. produces and sells ethanol and its co-products (primarily distillers grain and corn oil), through its two ethanol production facilities located in Wood River, Nebraska and Fairmont, Minnesota. The Company’s ethanol plants are owned and operated by the Operating Subsidiaries of the LLC. The Company’s ethanol plants are owned and operated by the Operating Subsidiaries of the BioFuel Energy, LLC (the LLC).
How Should Investors Trade BIOF After The Recent Volatile Moves? Find Out Here
Ruth’s Hospitality Group, Inc. (NASDAQ:RUTH) increased 3.71% to $8.10 in the pre-market trading hours. Net income was $3.6 million or $0.10 per diluted share in the fourth quarter of 2012 compared to net income applicable to preferred and common shareholders of $1.9 million or $0.04 per diluted share in the fourth quarter of 2011. Total revenues in the fourth quarter rose 15.5% to $115.1 million compared to $99.6 million in the prior year.
Ruth’s Hospitality Group operates and franchises fine dining steak restaurants throughout the country. The Company's restaurant originally started in Louisiana. Its more than 85 company-owned or franchised restaurants are located in about 30 states, as well as Canada, Mexico, Hong Kong, and Taiwan.
Can RUTH Extend Gain? If Yes, How Far It Can Go? Find Out Here
Pharmacyclics , Inc. (NASDAQ:PCYC) has been gaining ground since the open Friday and is now up 3.87 at $84.08. The stock has climbed to its third consecutive new high for the year.
Pharmacyclics is a clinical-stage biopharmaceutical company focused on developing and commercializing small-molecule drugs for the treatment of cancer and immune mediated diseases. The Company's clinical development and product candidates are small-molecule enzyme inhibitors designed to target biochemical pathways involved in human diseases.
How Should Investors Trade PCYC Now? Find Out Here
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