Lakeway, TX -- (SBWIRE) -- 02/06/2013 -- Bestdamnpennystocks, 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:-
Cardinal Health, Inc.(NYSE:CAH) puts up a decent FQ2 report this morning, despite weaker revenue out of its pharmaceutical unit, due in part to brand-to-generic conversions and the loss of the Express Scripts business. Net earnings still managed to rise by 16% Y/Y however, as the drug wholesaler posted better margins. Revenue in its pharmaceutical business its largest by revenue, declined 8%, while its medical business increased by 3%, boosted by last year's acquisition of FutureMed and an additional sales day.
Is CAH after A Solid Pop Up? Find Out Here
GameStop Corp. (NYSE:GME) rallied again in an extended move traced back to a glowing report issued last week from Piper Jaffray. Shares are up close to 16% since the firm called out the GameStop to see a strong H1 with the software release schedule looking promising. In an interview with Bloomberg, GameStop President Tony Bartel says the firm is starting a mobile development arm to help fund projects and denies rumors circulating around that it will close hundreds of stores. Shares of GME were up 6.20%.
Will GME Continue To Trend Higher After The Recent Gain? Find Out Here
Brazilian airline Gol Linhas Aereas Inteligentes SA (ADR)(NYSE:GOL) says it's taking a one-time impact charge of BRL140M ($70M) in Q4 due to the shutdown of recently acquired WebJet. The estimated costs are largely due to personnel costs and provisions for the return and maintenance of it's aircraft. At the end of last year, GOL said it was eliminating the WebJet brand, cutting 850 jobs and returnig 20 aircraft by the end of the first half of this year.
Is GOL a Buy Opportunity After The Recent Slump? Find Out Here
Emerald Oil Inc (NYSE:EOX) was upgraded to Buy at Global Hunter in response to a "positive" conversion from a non-operating E&P company to an operator of oil-focused Bakken wells. Also, the $50M capital infusion improves EOX's access to capital and reduces capital risk in the event of declining crude prices or subpar initial well results, unlikely given adjacent well results. Shares of EOX were up 6.20%.
Is EOX Still a Buy After The Recent momentum? Find Out Here
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