New York, NY -- (SBWIRE) -- 01/30/2014 -- PennyStockChronicle covers the breadth of the markets, from NASDAQ, NYSE, AMEX, ETF, Penny Stocks, Emerging Markets, activities at the Fed and more. PennyStockChronicle brings you the most vibrant coverage of following stocks:
Hess Corp. (NYSE:HES), Meredith Corporation (NYSE:MDP), Aratana Therapeutics, Inc. (NASDAQ:PETX), Star Bulk Carriers Corp. (NASDAQ:SBLK)
Energy company Hess Corp. (NYSE:HES) inched up on Wednesday as it released a surge in fourth-quarter profit, with asset-sale gains offsetting a decline in revenues. Nevertheless, earnings for the quarter fell short of Wall Street estimates.
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Meredith Corporation (NYSE:MDP) edged up in last trading session after it declared that net income for the second quarter of $30.6 million or $0.67 per share, compared to $35.6 million or $0.79 per share for the year-ago quarter. The latest quarter results include $1.6 million, or $0.02 per share, of transaction expenses related to previously announced agreements to purchase broadcast assets.
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Aratana Therapeutics, Inc. (NASDAQ:PETX) moved up 1.81% on Wednesday after it declared the upsizing and pricing of its previously announced public offering. The size of the offering has been increased from 5.5 million shares of common stock to 6.5 million shares of common stock at a price to the public of $19.00 per share.
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Star Bulk Carriers Corp. (NASDAQ:SBLK) moved up 2.22% after it released that it has signed into binding contracts to purchase two modern Post-Panamax bulk carriers from an unaffiliated third party for a total consideration of $60.0 million.
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