Lakeway, TX -- (SBWIRE) -- 02/07/2013 -- 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:-
Solazyme Inc. (NASDAQ:SZYM) soared 2.89% to $8.19. Solazyme and Mitsui & Co Ltd. have entered into a $20 million multi-year agreement to jointly develop a suite of triglyceride oils for use primarily in the oleochemical industry. The agreement includes further development of Solazyme's breakthrough high myristic algal oil, a valuable raw material in the oleochemical industry, as well as additional oils that Solazyme is developing for the oleochemical and industrial sectors.
Is SZYM after A Solid Pop Up? Find Out Here
General Motors Company (NYSE:GM) surged up 0.49% to $28.66. The Company's joint venture with Shanghai's SAIC Motor Corp sold 154,220 units, an increase of 24.3%, while sales at its joint venture with FAW Group rose 84.5% to 4,490 units. Commercial vehicle maker SAIC-GM-Wuling Automobile Co sold 151,819 vehicles, up 26.6%.
How Should Investors Trade GM After The recent Report? Find Out Here
CONN'S, Inc. (NASDAQ:CONN) went up 1.68% to $30.49. The Company announced its net sales for the three months ended January 31, 2013. Net sales increased 9.9% to $208.4 million for the quarter ended January 31, 2013. Same store sales rose 7.0% over the prior period. January same store sales increased 10.0% with same store sales of consumer electronics down 4.8%.
Why Should Investors Consider Buying CONN Now? Find Out Here
Statoil ASA (ADR) (NYSE:STO) augmented 0.11% to $26.47. The Company reported net profit of 13.0 billion kroner compared to 25.5 billion kroner in the prior year period. Revenue decreased 8% to 159.2 billion kronor due to higher gas volumes partly offsetting a drop in prices. Statoil ASA is an integrated energy company primarily engaged in oil and gas exploration and production activities. As of December 31, 2011, the Company had business operations in 41 countries and territories.
How Should Investors Trade STO After The recent Report? Find Out Here
Sony Corporation (ADR) (NYSE:SNE) decreased 2.84% to $15.37. The company reported third quarter EPS of ($0.12) compared to ($2.03) in the prior year period. Revenue for the quarter was $22.39 billion versus $23.37 billion in the previous year period. SONY CORPORATION mainly involves the electronics, game, entertainment and financial operations.
Is SNE Still a Buy After The Recent momentum? Find Out Here
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