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Hot Stocks: Hess Corp., Barnes & Noble, Dr Pepper Snapple Group, Yahoo

 
 
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Las Vegas, NV -- (SBWIRE) -- 03/04/2013 -- Cogonewsreport.com, an investor research portal specializing in several sectors including biotech and healthcare and tech stocks on the U.S. market, issues news updates on the following stock:-

Hess Corp. (NYSE:HES) moved up 4.21% to $69.34 on a traded volume of 1.62 million shares. The Company announced initiatives marking the culmination of its multi-year strategic transformation into a pure play exploration and production company. The company also issued a letter to its shareholders in connection with the change. The company said the transformed Hess will have a focused portfolio of world class, higher growth, lower risk E&P assets that will deliver a five year CAGR of 5% to 8%.

Can HES Extend Massive Gain? Find Out Here

Barnes & Noble, Inc. (NYSE:BKS) augmented 5.44% to $16.48 on a traded volume of 330k shares. The Company will be teaming up with American Girl to present “Just Between Us,” a parent and daughter event, in all of Barnes & Noble’s nearly 700 stores during the month of March. This free workshop for parents and daughters, ages 8 and up will highlight the importance of helping girls build confidence, adopt a healthy self-image and keep the lines of communication open with their parents as they encounter questions and worries about growing up.

Can BKS Extend Gain? Find Out Here

Dr Pepper Snapple Group Inc. (NYSE:DPS) declined 0.55% to $43.54 on a traded volume of 42k shares. The Company will buy back the distribution rights for Snapple and some of its other brands in Asia from Mondelez International Inc. The deal gives Dr Pepper Snapple a foothold in the growing Asian market and allows the company to diversify its revenue beyond the developed North American market. The terms of the deal were not announced.

How Should Investors Trade DPS Now? Find Out Here

Yahoo! Inc. (NASDAQ:YHOO) went up 2.04% to $22.39 on a traded volume of 4.80 million shares. The Company is shutting down seven products, including its mobile app for Blackberry smartphones. The product shutdown, which Yahoo announced on its official company blog are part of what the company said are regular efforts to evaluate and review its product line-up.

Can YHOO Jump Again? Find Out Here

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