Lakeway, TX -- (SBWIRE) -- 03/06/2013 -- 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:-
Genworth Financial Inc (NYSE:GNW) shares climbed 3.30% to $9.39. The company last week said Chief Financial Officer Martin Klein will take on new duties overseeing units the company has targeted for possible sale. Klein, 53, was given the additional title of executive vice president and will have operational responsibilities for international protection and wealth-management segments.
How Should Investors Trade GNW After The Recent Movement? Find Out Here
Campus Crest Communities Inc (NYSE:CCG) shares jumped 3.25% and closed at $13.02 in the last trading session. The company last week announced it has priced underwritten public offering of 22.2 million common shares at $12.25 per share. The company expects to close the offering on or about March 6, 2013. The company expects offering net proceeds of about $260.8 million, after deducting the underwriting discount and other net estimated offering costs.
Is CCG Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here
Jamba, Inc. (NASDAQ:JMBA) shares gained 3.25% to $2.86. The company yesterday posted a fourth quarter net loss of $7 million, or 9 cents per share, for the period that ended Jan. 1. That compares with a loss of $10.3 million, or 15 cents per share, in the fourth quarter of the prior year. The company's total revenue was essentially flat at $44.2 million, with gains in its franchise and consumer products businesses. Analysts expected a loss of 10 cents per share on revenue of $45.6 million.
Is JMBA a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here
PACCAR Inc (NASDAQ:PCAR) shares climbed 3.25% and closed at $48.36 after PCAR‘s stock had its “outperform” rating reaffirmed by BMO Capital Markets in a research note issued yesterday. They currently have a $57.00 price target on the stock. Separately, analysts at UBS AG downgraded shares of PACCAR from a “buy” rating to a “neutral” rating in a research note to investors on Feb. 7. They now have a $48.00 price target on the stock, up previously from $46.00.
How Should Investors Trade PCAR After The Latest Earnings Report? Find Out Here
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