Follow the WDRB Newsroom, Reporters and Anchors.More >>
Tweets from the WDRB Newsroom, Reporters and Anchors.More >>
New York, December 27, 2013 / Accesswire / – Market Buzz Report, which provides live alerts on penny stocks, issues critical stocks analysis for Twitter Inc (NYSE:TWTR), Herbalife Ltd.(NYSE:HLF), Netflix, Inc. (NASDAQ:NFLX), Tiger Oil and Energy, Inc. (TGRO).
Twitter Inc (NYSE:TWTR) shares dropped 3.64% to $70.65 in the pre-market hour. TWTR’s stock was downgraded by Macquarie Capital on Dec. 27, which said the stock has gone “too far, too fast.” Ben Schachter, a Macquarie analyst in New York, lowered his rating from neutral to underperform – the equivalent of sell. The shares have jumped 40 percent since Macquarie initiated coverage on Dec. 11, without any improvement in Twitter’s fundamentals, Schachter said in a report.
Additionally, on Dec. 16, Bob Peck from SunTrust downgraded shares of Twitter from Buy to Hold also as a valuation call and has had a $50 price target since before the shares went public. He wrote “We are lowering our rating on Twitter to Hold from Buy, as the stock has surpassed our year end 2014 $50 target by ~20%. We remain extremely positive on the long term opportunity for the company due to several factors: Twitter has become one of the major Internet platforms, the company is still in a very nascent stage of its life cycle; Twitter has significant optionality in front of it; and the company has a strong management team with a unique vision of permeating the “interest graph.”
Herbalife Ltd.(NYSE:HLF) shares climbed 1.18% to $79.70 in the pre-market hour. The company on Dec. 16 said a new audit yielded no changes to its financial statements and dealing a blow to hedge fund manager William Ackman, who is betting against the stock. The nutrition and weight loss company said that auditor PricewaterhouseCoopers had completed a review of its financial statements for 2010, 2011, 2012 and 2013 and that it made no significant changes.
Additionally, the company on Dec. 10 said it recently won the “Choice of the Year 2013″ award in the “Food Supplements” category as part of Ukraine’s prestigious annual awards festival. The recipient of the award, recognized as one of the most reputable and respected ratings in the country, is selected through a nationwide survey of Ukrainian consumers. The “Choice of the Year” medal confirms Herbalife’s leadership position within the food supplements category in Ukraine.
Netflix, Inc. (NASDAQ:NFLX) shares closed at $376.93. Netflix, Inc. (NFLX) and NBCUniversal Television and New Media Distribution on Nov. 29 announced a licensing agreement allowing Netflix members in Canada to instantly watch feature films and previous seasons of some of today’s most popular TV shows from NBCUniversal Television and New Media Distribution.
Additionally, the company on Nov. 18 has ordered a fourth and final limited season that will serve as a conclusion for “The Killing,” exclusively for its over 40 million members worldwide. The 6-episode series finale, from Fox Television Studios (FTVS), will be available only to Netflix streaming members to watch instantly in all Netflix territories.
Tiger Oil and Energy, Inc. (TGRO) shares fell 15.38% and closed at $1.21. The company on Dec. 20 announce that it has secured a commitment from an nonrelated source for the $600,000 required to proceed with drilling plans for the Cowley County KS in partnership with TOTO Energy LLC. Tiger will earn a 30% working interest and a 24.45% Net Royalty Interest in the wells drilled and fracked. The terms of the agreement call for Tiger to receive three tranches of $200,000 each on a callable convertible note wherein the Company borrows the sum at 5% interest for one year and the investor can elect to continue to receive the interest on the note or have the Company issue the investor shares of common stock of the Company at $0.50 per share to retire the debt.
USMarketBuzz.com is an investment community that focuses on MicroCap Securities. USMarketBuzz.com is an authorative authentic Google News Site and Leading Provider of Investment Awareness and Featured Company Profiles. If you would like more information regarding our news coverage solutions, please visit http://www.USMarketBuzz.com/ for more details. Get an edge on the market with our Premium News Alerts that are FREE for a limited time at http://www.USMarketBuzz.com/. Follow us on Facebook: https://www.facebook.com/usmarket.buzz Sign up for our FREE SMS News alerts delivered directly to your mobile phone by texting the word PREPROMO to 27126 (SMS alerts are free, however data rates may apply, check your wireless plan for details.).