Dallas 3/22/2011 12:59:45 AM
News / Finance

XNPT, CAVO, PWE, WEBM, RENT: Stocks In Focus

Stocks In Focus: XNPT, CAVO, PWE, WEBM, RENT

XenoPort Inc (NASDAQ:XNPT) has lost 11.25% to settle at $5.92 a share with a volume of 4.86 million shares. For the past 52 weeks the stock has been trading between $5.66 a share and $11.82 with an average volume of 623,000 shares. Company has a market cap of $209 million and 35 million outstanding common shares.

XenoPort, Inc. is a biopharmaceutical company focused on developing and commercializing a portfolio of internally discovered product candidates, which utilizes the body's natural nutrient transport mechanisms to improve the therapeutic benefits of existing drugs. The product candidates referred to as Transported Prodrugs are created by modifying the chemical structure of marketed drugs, referred to as parent drugs, and are designed to correct limitations in the oral absorption, distribution and/or metabolism of the parent drug.

Cavico Corp. (NASDAQ:CAVO) has gained 7.84% to settle at $1.65 a share with a volume of 3800. For the past 52 weeks the stock has been trading between $1.42 a share and $4.48 a share with an average volume of 215,000 shares. Company has a market cap of $6.74 million and has 4 million in outstanding common shares.

Cavico Corp. is a heavy civil construction contractor in Vietnam. The Company focuses on infrastructure projects, such as the construction of hydropower facilities, dams, bridges, tunnels, roads, mines and urban buildings. The Company is also making investments in hydropower and cement production plants and urban developments in Vietnam. The Company operates in Vietnam through its direct and indirect subsidiaries. It serves public sector clients. Its wholly owned subsidiary, Cavico Vietnam, conducts its operations through a number of subsidiaries.

Penn West Petroleum (NYSE:PWE) has gained 1.17% to settle at $27.71 with a volume of 788,000 shares. For the past 52 weeks the stock has been trading between $16 a share and $28.98 a share with an average volume of 2.11 million shares. Company has a market cap of $12.78 billion and has 461 million outstanding shares.

Penn West Petroleum Ltd. (Penn West), formerly Penn West Energy Trust, is an oil and natural gas producers in North America. Penn West operates a portfolio of light oil in Canada. Based in Calgary, Alberta, Penn West operates throughout the Western Canadian Sedimentary Basin on a land base encompassing over seven million acres. On January 1, 2011, the Company completed a statutory plan of arrangement (the Arrangement), pursuant to which unit holders of the Company exchanged their trust units in Penn West for Penn West Petroleum Ltd. (PWPL).

WebMediaBrands Inc. (NASDAQ:WEBM) has gained 2.46% to settle at $1.25 a share with a volume of 128,000 shares. Company has a market cap of $47.48 million and has 38 million in outstanding common shares. For the past 52 weeks the stock has been trading between $.62 a share and $1.97 a share with an average volume of 363,000 shares.

WebMediaBrands Inc., formerly Jupitermedia Corporation, is an Internet media company. The Company provides content, education, trade shows and online job board services for media and business professionals. On February 23, 2009, the Company announced the sale of its Online images business, Jupiterimages, to Getty Images, Inc. (Getty Images). On November 30, 2009, it announced the sale of its Internet.com business to QuinStreet, Inc. (QuinStreet). On April 29, 2009, the Company acquired BrandsoftheWorld, a user generated content site where users view, upload and download more than 160,000 vector format brands and logos.

Rentrak Corporation (NASDAQ:RENT) has gained 2.93% to settle at $24.21 with a volume of 37,000 shares. For the past 52 weeks the stock has been trading between $19.45 and $31.04 a share with an average volume of 47,700 shares. Company has a market cap of $267 million and has 11 million in outstanding common shares.

Rentrak Corporation operates in two business divisions: Home Entertainment, and Advanced Media and Information (AMI). The Company's home entertainment division manages its business operations that deliver units and related rental and sales information for the content to home video specialty stores and other retailers, on a revenue sharing basis. The Company leases product from various suppliers, typically motion picture studios. Under its pay-per-transaction (PPT) System, participating retailers sublease that product from the Company and rent it to consumers.

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Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.

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