Boston, MA -- (SBWIRE) -- 09/03/2013 -- At winstonsmallcap.com we focus on undervalued companies trading under $5. Right now the markets are surging and we are seeing an opportunity in micro-cap companies like we have never seen before. Let have a Look on: (Integrated Device Technology Inc(NASDAQ:IDTI), EXCO Resources Inc (NYSE:XCO), Hercules Offshore, Inc.(NASDAQ:HERO), RadioShack Corporation (NYSE:RSH)
Integrated Device Technology Inc(NASDAQ:IDTI) shares fell 2.90% to $8.71. The company on August 26 announced that Dr. Ted Tewksbury has resigned as President, Chief Executive Officer and board member, effective August 27, 2013. The Board of Directors has appointed board member Jeffrey McCreary as interim President and Chief Executive Officer.
Additionally, the company on July 24 announced that its wireless power transmitter has been selected for TYLT's award-winning "VÜ" wireless charging base. The innovative free-position wireless charger offers USB-level charging rates over a large "charging zone", and is fully compatible with Qi-compliant phones.
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EXCO Resources Inc (NYSE:XCO) shares closed at $7.28. The company on August 5 announced second quarter results for 2013. Adjusted net income was $0.10 per diluted share for the second quarter 2013 compared with $0.05 per diluted share for the second quarter 2012. GAAP results were net income of $86 million, or $0.40 per diluted share, for the second quarter 2013 compared with a net loss of $496 million, or $2.32 per diluted share, for the second quarter 2012.
How Should Investors Trade XCO After The Recent Volatility? Get Free Report Here
Hercules Offshore, Inc.(NASDAQ:HERO) shares climbed 0.14% and closed at $7.20. The company will present at the Pareto Oil and Offshore Conference 2013 in Oslo, Norway, on Wednesday, September 4, 2013, at 1:30 p.m. Central European Summer Time (7:30 a.m.EDT).
Additionally, the company, on July 31, reported a second quarter loss of $27.4 million, or 17 cents a share, compared with a year-ago loss of $55.1 million, or 35 cents a share. The company posted adjusted profit of a penny, compared with loss of 10 cents a year earlier. Revenue improved 37% to $211.5 million. Analysts predicted an adjusted profit of five cents a share on revenue of $225 million.
Is HERO A Good Buy After The Recent Price Movement? Find Out Here
RadioShack Corporation (NYSE:RSH) shares declined 2.97% to $3.27. The company on August 8 said it opened two new concepts stores in the New York area for a total of three. The company also revealed details of the development of a "low touch" format coming to select neighborhoods nationwide in the coming months. As part of RadioShack's emphasis on reinvigorating stores and repositioning its brand, the company is opening a select number of high-touch stores filled with interactive features and playful experiences in high-traffic, high-profile locations.
Is RSH A Strong Buy? Get Advantage Of Our Free Trend Analysis Here
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