Hot Stocks: SINA Corp, Polycom Inc, Halcon Resources Corp, SunTrust Banks

Dallas, TX -- (SBWIRE) -- 03/11/2013 -- Marketbuzzreport.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:-

SINA Corp(NASDAQ:SINA) shares jumped 1.80% to $49.69. The company, on Feb. 21, posted fourth quarter profit of $2.4 million, or 3 cents per share, from $9.3 million, or 14 cents per share, a year earlier. Non-GAAP earnings were 13 cents a share, versus 21 cents a share a year earlier. The company posted overall fourth-quarter net revenue of $139.1 million, versus an average forecast for $133.9 million.

How Should Investors Trade SINA After The Recent Price movement? Find out Here

Polycom Inc (NASDAQ:PLCM) shares gained 5.02% to $10.04. The company, on Feb. 27, unveiled the Polycom VVX 300 and Polycom VVX 400 Business Media Phones designed to improve productivity and facilitate collaboration for office and cubicle work environments such as call centers, front desks and administrative and corporate offices.

Additionally, the company, on Mar. 5, announced the Polycom(R) SoundStation(R) Connect, an audio conference solution that lets users bring the gold standard in audio conferencing technology wherever they go.

Is PLCM a Strong Buying Opportunity After The Recent Slump? Find out Here

Halcon Resources Corp (NYSE:HK) shares gained 4.91% to $7.05. The company, on Feb. 28, said it generated revenues of $124.7 million for the quarter ended December 31, 2012, compared to $25.6 million for the quarter ended December 31, 2011. Revenues for the full year 2012 were $247.9 million, compared to $103.7 million for the full year 2011. The company eported adjusted net income of $10.5 million, or $0.02 per diluted share, and a net loss of $4.0 million, or $0.03 per diluted share, for the three months and full year ended December 31, 2012, respectively.

Is HK a Buy After The Latest Price Action? Find Out Here

SunTrust Banks, Inc. (NYSE:STI) shares gained 2.77% to $29.35. The company last month said it will begin trading ex-dividend on February 27, 2013. A cash dividend payment of $0.05 per share is scheduled to be paid on March 15, 2013. Shareholders who purchased STI stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 7th quarter that STI has paid the same dividend.

Get latest News, Updates on STI Here

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