Lakeway, NY -- (SBWIRE) -- 03/21/2013 -- ThePennyStockProfiler.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-
Krispy Kreme Doughnuts (NYSE:KKD) shares gained 5.98% to $15.06. The company, on Mar. 14, reported fourth-quarter net income of $4.8 million or $0.07 per share, down from $143.5 million or $2.01 per share last year. Adjusted net income for the quarter improved to to $7.4 million or $0.11 per share from $4.0 million or $0.06 per share last year. Analysts expected earnings of $0.12 per share for the quarter. Revenues for the three-month period grew 15.9 percent to $118.1 million from $102.0 million last year. Analysts estimated revenues of $115.93 million for the quarter.
Is KKD a Still a Buy after the Solid momentum? Let’s Find out Here
Panasonic Corporation (ADR)(NYSE:PC) shares climbed 2.90% to $7.44 in the last trading session. Reuters on Mar. 18 reported that Panasonic Corp is considering selling its healthcare business to raise cash as the consumer electronics maker fights to end losses with flat-panel televisions. Panasonic was planning to sell the profitable healthcare business for about JPY100 billion ($1.05 billion), Kyodo reported. The electronics company wanted to sell the entire business to one buyer, although it would also consider selling it off in parts, Kyodo said. Panasonic's healthcare business involves electronic medical chart systems and blood-sugar monitoring devices.
Is PC a Strong Buying Opportunity After The Recent Slump? Find out Here
VeriFone Systems Inc (NYSE:PAY) shares climbed 4.04% to $21.89. The company, on Mar. 13, announced the appointment of Jennifer Miles to president, VeriFone Americas; Bulent Ozayaz to president, VeriFone Southern Europe, Russia, Middle East and Northern Africa; Johan Tjärnberg to president, VeriFone Europe and Southern Africa; and Eliezer Yanay to chief operations officer, effective today. Miles, 41, joined VeriFone in 2001 and led the significant growth of the company's North American business, including Retail, Global Security and Vertical Solutions, over the past 10 years.
Should PAY Buy After The Recent Movement? Let’s Find out Here
First Niagara Financial Group Inc.(NASDAQ:FNFG) shares increased 4.15% to $8.79. FNFG’s stock was downgraded by equities research analysts at Raymond James from a “market perform” rating to an “underperform” rating in a research note issued to investors on Mar. 18. Additionally, analysts at TheStreet upgraded shares of First Niagara Financial Group from a “hold” rating to a “buy” rating in a research note to investors this month.
Should FNFG Buy After The Recent Movement? Let’s Find out Here
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