Lakeway, NY -- (SBWIRE) -- 03/13/2013 -- 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:-
Dole Food Company, Inc.(NYSE:DOLE) shares fell 8.10% to $10.78 after the company yesterday reported a fourth quarter loss of $210 million, compared with a year-earlier profit of $4 million. It posted a loss from continuing operations of $88 million, or 99 cents a share, compared with a year-earlier profit from continuing operations of $6 million, or six cents a share. Adjusted loss from continuing operations was 59 cents. Revenue declined 7.7% to $888 million. Analysts recently projected a loss of two pennies on revenue of $1.3 billion.
Is DOLE a Still a Buy after the Solid momentum? Let’s Find out Here
Seven Arts Entertainment Inc(PINK:SAPX) shares gained 7.14% to $0.0045 in the morning hour. The company, on Feb. 20, announced its results of operations for the quarter ended December 31, 2012. The Company recorded a gross loss of ($84,288) on total revenue of $182,797 for the quarter ended December 31, 2012 compared to a gross loss of ($412,686) on revenues of $207,790 for the quarter ended December 31, 2011. The Company's net loss increased to ($1,799,894) from ($1,099,422).
Is SAPX a Strong Buying Opportunity After The Recent Slump? Find out Here
IAMGOLD Corporation (USA)(NYSE:IAG) shares dropped 5.63% to $6.87. The company, on Feb. 20, reported consolidated financial and operating results for the year and fourth quarter ending December 31, 2012. Revenues of $1.7 billion for 2012 were virtually flat with the prior year, as margins rose slightly to $952 an ounce. Net earnings from continuing operations attributable to equity holders were $334.7 million ($0.89 per share) in 2012 compared to $391.3 million ($1.04 per share) in 2011.
Should IAG Buy IAG After The Recent Movement? Let’s Find out Here
Cliffs Natural Resources Inc(NYSE:CLF) shares dropped 3.93% to $22.95. The company, on Mar. 11, announced that it expects to idle its Wabush Pointe Noire pellet plant within the city of Sept-Iles in Quebec by the end of the second quarter of 2013. The Company indicated that its decision to idle its iron ore pellet operation is due to high production costs and lower pellet premium pricing which is expected to persist in certain markets during the year.
Is CLF a Strong Buying Opportunity After The Recent Slump? Find out Here
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