Lakeway, NY -- (SBWIRE) -- 03/07/2013 -- 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:-
US Airways Group, Inc. (NYSE:LCC) shares climbed 3.70% to $14.57. The company, this week, said it has hired two new lobbying firms, according to recent filings. The Justice Department is reviewing US Airways' proposed $11 billion purchase of American to ensure that it complies with antitrust law, and congressional committees have been holding hearings. US Airways, which has been pushing to buy American for months, spent $2.8 million on lobbyists in 2012, up sharply from the $1.7 million spent in 2011.
Is LCC a Strong Buy After The Recent Gain? Let’s Find out Here
Newmont Mining Corp (NYSE:NEM) shares gained 3.65% to $40.01. NEM‘s stock had its “hold” rating reiterated by investment analysts at TheStreet in a note issued to investors on Mar. 1.
Additionally, the company released its earnings data on Feb. 21. The company reported $1.11 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.97 by $0.14. During the same quarter in the previous year, the company posted $1.17 earnings per share.
Is NEM a Strong Buying Opportunity After The Recent Slump? Find out Here
Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) shares climbed 3.62% to $24.06. The company, on Feb. 26, announced the Company's record financial results for the fourth quarter of 2012. Adjusted revenues were $116.7 million for the fourth quarter of 2012, as compared to adjusted revenues of $66.3 million for the fourth quarter of 2011. The Company reported net income of $18.5 million, or $0.47 and $0.46 per basic and diluted share, respectively, for the three months ended December 31, 2012, as compared to net income of $6.5 million, or $0.17 and $0.16 per basic and diluted share, respectively, for the fourth quarter of 2011.
Additionally, CRZO’s stock had its target price increased by BMO Capital Markets from $22.00 to $25.00 in a research note issued to investors last week. The firm currently has a market perform rating on the stock.
Should Investors Consider CRZO After The Recent price Action? Get Free Trend Analysis Here
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