Lakeway, NY -- (SBWIRE) -- 03/05/2013 -- 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:-
American Realty Capital Properties Inc (NASDAQ:ARCP) shares increased 0.91% to $13.36.The company will begin trading ex-dividend from March 06, 2013. A cash dividend payment of $0.075 per share is scheduled to be paid on March 15, 2013. Stockholders who purchased ARCP stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 0.54% increase over the previous month.
Additionally, investment analysts at Ladenburg Thalmann raised their target price on shares of ARCP from $14.00 to $15.00 in a note issued to investors yesterday. The firm currently has a “buy” rating on the stock.
Is ARCP a Strong Buy After The Recent Gain? Let’s Find out Here
Bank of America Corp(NYSE:BAC) shares gained 2.15% to $11.66.The company has introduced a new credit card that will reward customers for responsible management of their monthly payments. Dubbed the BankAmericard Better Balance Rewards credit card, account-holders can earn cash by paying more than the monthly minimum and doing so on time.
Is BAC a Strong Buying Opportunity After The Recent Slump? Find out Here
Vale SA (ADR)(NYSE:VALE) shares gained 1.55% to $18.30. The Company, on Feb. 18, announced that it has declared force majeure (FM) on a number of its coal sales contracts as on Febr. 15, 2013 and is constanlty communicating with customers as required under its agreements. So far, the Company estimates a loss of approx. 250,000 metric tons in metallurgical coal shipments. It will disclose further information related to the evolution of the events until the situation has been somewhat normalized.
Should Investors Consider VALE After The Recent price Action? Get Free Trend Analysis Here
AT&T Inc.(NYSE:T) shares gained 1.05% to S36.55. On March 12, the company will webcast a keynote addressed by Steve Caniano,( Vice President-Hosting), Managed Applications and Cloud Solutions, AT&T Business Solutions, at the Piper Jaffray Technology, Media & Telecommunications Conference in New York.
Additionally, the company, on Feb. 28, announced the appointment of Kay Kapoor to head AT&T Government Solutions, the unit within AT&T that serves a wide range of federal agencies. In her new role, Kapoor will lead a 4,000 employee organization responsible for delivering IT and professional services solutions to government customers at the federal level.
Is T a Strong Buying Opportunity After The Recent Slump? Find out Here
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