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:-
Chemtura Corporation (NYSE:CHMT) shares climbed 2.71% and closed at $21.22. CHMT’s stock was downgraded by Oppenheimer from an “outperform” rating to a “market perform” rating in a research note issued this week.
Additionally, the company released its earnings data on Monday, February 25th. The company reported $0.27 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.31 by $0.04. The company had revenue of $622.00 million for the quarter, compared to the consensus estimate of $684.00 million.
How Should Investors Trade CHMT After The Recent Volatile Moves? Find Out Here
Teradyne, Inc. (NYSE:TER) shares gained 2.69% to $17.19. HP announced that Teradyne has selected HP FlexNetwork architecture to improve operational efficiency, reduce network downtime and boost design-phase efficiency for new products. Teradyne designs and manufactures automatic test equipment for the world’s leading electronics companies.
Is TER Showing Any Sign of Buy At The Current Market Price? Get Our Free Trend Analysis Here
MFA Financial, Inc. (NYSE:MFA) stock increased 2.68% to $9.18. Research analysts at Deutsche Bank increased their target price on shares of MFA from $9.25 to $9.50 in a report released yesterday. The firm currently has a “hold” rating on the stock.
The company also recently declared a special dividend, which is scheduled for Wednesday, April 10th. Investors of record on Friday, March 15th will be given a dividend of $0.50 per share. This represents a yield of 8.71%. The ex-dividend date of this dividend is Wednesday, March 13th.
Can MFA Rebound After The Recent Slump and Investors Can Make Money? Find Out Here
VeriFone Systems Inc (NYSE:PAY) shares climbed 2.67% and closed at $19.25 after the company yesterday reported first-quarter net income of $11.8 million or $0.11 per share, compared to a net loss of $3.1 million or $0.03 per share for the year-ago quarter. Adjusted earnings per share for the first quarter were $0.51, compared to $0.58 in the prior year quarter. Net revenue for the first quarter rose to $428.75 million from $419.52 million a year ago, while adjusted net revenue increased to $429.65 million from $425.20 million last year. Analysts expected the company to earn $0.48 per share on revenue of $426.17 million for the first quarter.
Is PAY Ready To Move Back To New Highs This Year? Find Out Here
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