Hot Movers: Lloyds Banking, Palo Alto Networks, GameStop, Yingli Green Energy Hold

Lakeway, NY -- (SBWIRE) -- 03/04/2013 -- 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:-

Lloyds Banking Group PLC (ADR) (NYSE:LYG) shares decreased 4.24% to $3.16. Dow Jones last month reported that Lloyds Banking Group PLC plans to cut around 940 jobs in the U.K., as part of a previously announced plan to shrink its business, and as other banks in the country and across the world pare staff. The Company said the reductions are being made across its divisions, including retail, commercial, insurance, wealth and international and group operations. About 190 information technology jobs that are involved in the cuts will be relocated to India.

Is LYG a Strong Buy After The Recent Slump? Let’s Find out Here

Palo Alto Networks Inc (NYSE:PANW) shares decreased 4.22% and closed at $58.55. The company, on Feb. 28, reported a second-quarter loss of $2.5 million or $0.04 per share, which compared to a net income of $0.4 million, or break-even per share in the year-ago period, echoing a spike in marketing and sales expenses to $45.7 million from $25.6 million in the prior year. Non-GAAP net income for the latest first quarter was $3.9 million, or $0.05 per share, compared to $2.5 million, or $0.04 per share in the comparable quarter last year. Analysts expected the company to report earnings of $0.04 per share. Meanwhile, total revenue surged to $96.5 million from $56.7 million in the year-ago period, while analysts had a consensus revenue estimate of $93.29 million for the quarter.

Is PANW a Strong Buying Opportunity After The Recent Slump? Find out Here

GameStop Corp. (NYSE:GME) shares dropped 2.97% and closed at $24.05 in the last trading session. The company will begin trading ex-dividend on March 01, 2013. A cash dividend payment of $0.275 per share is scheduled to be paid on March 19, 2013. Shareholders who purchased GME stock prior to the ex-dividend date are eligible for the cash dividend payment.

Should Investors Consider GME After The Recent price Action? Get Free Trend Analysis Here

Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) shares dropped 4% to $2.40. The company, prior last week, announced that the Company once again teamed up with FC Bayern Munchen (the "FCB"), the most successful German football club, to bring underprivileged football talents to the FCB Youth Cup final in June 2013 at the Allianz Arena in Munich, Germany. The Youth Cup is an international charity youth competition initiated by the FCB with support from several sponsors around the world such as Yingli Green Energy, adidas, Audi and Lufthansa.

Get latest News, Updates on YGE Here

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