NEW YORK, December 2, 2013 /PRNewswire/ --
Market Buzz Report, engaged in providing penny stock alerts, issues notable stock analysis for National Bank of Greece (NYSE: NBG), Microsoft Corporation (NASDAQ: MSFT), Aetrium, Inc. (NASDAQ: ATRM), Echo Therapeutics Inc (NASDAQ: ECTE), Twitter Inc (NYSE: TWTR).
National Bank of Greece (NYSE: NBG) shares climbed 6.27% to $6.27. The company on Nov. 25 said it has agreed to sell a majority stake in its real estate arm Pangaia to private equity firm Invel Real Estate in a 653 million-euro ($882 million) deal. The sale, which was revealed, last week, is part of a restructuring by National Bank (NBG) aimed at boosting its capital base.
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Under the terms of the latest deal Invel will acquire 66 percent of Pangaia, NBG said in a statement, and will pay 161 million in cash, contribute equity in the form of real estate and also take out a loan from NBG.
Microsoft Corporation (NASDAQ: MSFT) shares increased 1.41% to $38.13. The company on Nov. 19 announced that its board of directors declared a quarterly dividend of $0.28 per share. The dividend is payable March 13, 2014 to shareholders of record on February 20, 2014. The ex-dividend date will be February 18, 2014.
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Additionally, the company on Nov. 8 announced participation in the following upcoming events with the financial community. Interested parties can listen to a webcast of these events on Microsoft's Investor Relations website: UBS Global Technology Conference on Thursday, November 21, 2013 at 8:30 a.m. Pacific Time.
Shares of Aetrium, Inc. (NASDAQ: ATRM) surged 150% last week after SA contributor Small-Cap Momentum Advisors pens the bull case, arguing that shares should be valued at $15-$20.The author bases the thesis on a recent management shake-up that saw activist Jeffrey Eberwein appointed Chairman. Eberwein and his fund, Lone Star Investors, have a 5.6% stake in ATRM.Q1, the author says, "should be a monumental turnaround quarter," with the company booking revenues of a previously-announced $2.1M order by the quarter's end. The order alone represents almost 2x Q1 2013 revenue, and is indicative of "significant traction," the author notes.
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Shares of Echo Therapeutics Inc (NASDAQ: ECTE) soared nearly 65% to $3.83 last week following the release of positive results of its study on wireless glucose monitoring system, Symphony CGM. The study revealed that Symphony is capable of monitoring glucose levels as it did on 32 patients in critical care units at four hospitals. The Continuous Glucose-Error Grid Analysis showed that readings in Symphony CGM were 97.9% accurate and 1.8% were benign errors, with a combined A+B value of 99.7%. The glucose values range was 49 to 324 mg/dL.
Free Urgent Insider Catalyst Report For ECTE Available Here: http://marketbuzzreport.com/index.php?code=ECTE (Or Copy and paste the URL into your browser)
Though still below its opening price of $45.10, Twitter Inc (NYSE: TWTR) has rallied 6% from its Monday close of $39.06. The gains come ahead of Monday coverage launches from the company's IPO underwriters. If history is any guide, bullish reports should easily outweigh bearish ones; the investor reaction might depend a lot on how upbeat analysts are in the face of a valuation that's still around ~40x 2013E sales (after factoring options/RSUs). Ahead of the launches, Twitter has picked up four bullish ratings, eight neutral ones, and three bearish ones non-underwriting firms. The neutral/bearish arguments almost uniformly revolve around Twitter's multiples. Wunderlich, which is reiterating a Sell, notes pre-IPO underwriter estimates were well below current consensus forecasts. The firm is reiterating a $34 PT, and maintaining a subdued view of Twitter's efforts to sell ads to TV advertisers and e-commerce firms.
Free Urgent Insider Catalyst Report For TWTR Available Here: http://marketbuzzreport.com/index.php?code=TWTR (Or Copy and paste the URL into your browser)
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