Austin, TX -- (SBWIRE) -- 04/30/2013 -- Jackpotpennystocks.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:-
Zynga Inc(NASDAQ:ZNGA) shares fell 2.39% to $3.27. The company on April 25 posted first-quarter net income of $4.13 million, as compared with a loss of $85.4 million a year earlier. During the quarter. Sales fell 18 percent to $263.6 million in the first quarter, compared with analysts’ average projection of $263.9 million.
Looking forward, the company forecasted a second-quarter loss, excluding certain items, of 3 cents to 4 cents a share. Analysts on average had predicted a loss of 1 cent.
Can ZNGA Recover After The Recent fall? Find Out Here
Lennar Corporation(NYSE:LEN) shares dropped 2.08% to $41.42. The company, on April 10, announced that it has sold $50 million principal amount of its 4.750% Senior Notes due 2022, at a price of 98.25%, bringing the total outstanding principal amount of its 4.750% Senior Notes due 2022 to $575 million.
Additionally, the company, on April 10, announced that its Board of Directors has declared a quarterly cash dividend of $0.04 per share for both Class A and Class B common stock payable on May 8, 2013 to holders of record at the close of business on April 24, 2013.
Can LEN Continue To Move Higher? Find Out Here
Cereplast Inc(PINK:CERP) shares declined 1.92% to $0.0255. The company on April 23 cited that the Supreme Court of India is moving toward stronger legislation to control the country's plastic pollution problem. Cereplast has begun receiving orders and payment for Compostable 3002 for the manufacture of single-use bags, and expects to receive more orders for this material in the near future.
Additionally, the company on April 16, announced its financial results for the year ending December 31, 2012. Net sales for the year ended December 31, 2012 were approximately $0.9 million, compared to $20.3 million in the same period in 2011. Other income and expense, net for the year ended December 31, 2012 was ($10.7) million, as compared to ($1.6) million in the same period in 2011.
Can CERP Extend Gain? Find Out Here
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