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  • Stocks in Focus Wednesday | 04/06/11 || AMSC | KRC | EVDR | RT |

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    Wednesday Apr. 06, 2011, 08:38 am EST
     
    Stocks to Watch on Wednesday -  AMSC, KRC, EVDR, RT
     
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    AMSC - American Superconductor Corporation (NASDAQ:AMSC)
    American Superconductor Corp. (NASDAQ AMSC) announced after market closed Tuesday that Sinovel Wind, its biggest customer has refused to accept contracted shipments. It is strange that 75% of AMSC's revenue came from Sinovel alone. Read More.

    KRC - Kilroy Realty Corporation (NYSE:KRC)
    Kilroy Realty Corporation (NYSE:KRC) announced Tuesday after market close that it has commenced a public offering of 4,500,000 shares of common stock. In addition, the company expects to grant to the underwriters for the public offering a 30-day option to purchase up to 675,000 additional shares of common stock to cover overallotments, if any.


    EVDR- EVADER CORP (PINK:EVDR)
    Evader, Inc. (PINK:EVDR) subsidiary Avtar Singh Construction Company (ASCC), one of India's largest builders, has submitted a tender for an irrigation project in the state of Bihar estimated to be worth $30 million. Shares of EVDR gained more than 100% on Tuesday in final hour after this news. Shares are expected to trade on high volume on Wednesday. If the company gets the project, it will be a big deal but for now, it is just filing of tender. Pumpers will try to pump this further in the morning but be careful, don't hold it for long.
     

    RT- Ruby Tuesday, Inc. (NYSE:RT)
    Ruby Tuesday, Inc. (NYSE:RT) is scheduled to report its Q3 results Today. Average analysts expectations from the company are to report earnings of $0.31 per share compared to $0.28 per share during the same period last year.
     



    God Bless,
    Be Rich.


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