Clearwire Corporation Rebounds 6% - CLWR, GSX, XRS


Gasco Energy Inc (NYSEAMEX:GSX) stock increased 4.07% to $0.115. On August 9, 2012, the company announced its participation in The Oil and Gas Conference 2012 to be held in Denver. Gasco Energy's chief operating officer, Mike Decker will provide a corporate update to conference delegates on Wednesday, August 15, 2012 at 4:50 PM MDT. The 52 week trading range for the company is $0.10 - $0.33. The shares of the company have plunged 49% in the last one year.

Clearwire Corporation (NASDAQ:CLWR) shares climbed 6.17% to $1.72. The shares of Clearwire was downgraded by analysts at Macquarie from a “neutral” rating to an “underperform” rating in a research report issued to clients and investors on Friday. They currently have a $1.36 price target on the stock. The company last posted its quarterly earnings results on July 26. The company reported ($0.29) EPS for the quarter, beating the consensus estimate of ($0.31) by $0.02. The company’s quarterly revenue was up 7.9% on a year-over-year basis. Analysts expect that Clearwire will post $-1.21 EPS for the current fiscal year.

Can CLWR Continue To Move higher? Find Our Free Trend Analysis

TAL Education Group (ADR) (NYSE:XRS) stock gained 4.11% to $8.62. The 52 week trading range for the company is $7.15 - $12.88. The shares of the company have declined 28% in the last one year. The shares of TAL Education had its “buy” rating restated by equities researchers at Jefferies Group last month.
The company last announced its earnings results on July 24. The company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.01. The company’s revenue for the quarter was up 48.5% on a year-over-year basis. Analysts predicted that TAL Education Group will post $0.38 earnings per share for the current fiscal year.
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