Hot Stocks: Standard Pacific Corp, BG Medicine, Navidea Biopharmaceuticals Inc, Government Properties Income Trust

Lakeway, TX -- (SBWIRE) -- 02/28/2013 -- 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:-

Standard Pacific Corp. (NYSE:SPF) shares gained 3.98% to $8.36. The company, on Jan. 31, reported fourth-quarter net income of $286.8 million or $1.22 per share, compared to $8.7 million or $0.04 per share in the comparable quarter last year. Analysts expected the company to earn $0.07 per share for the quarter. Total revenues for the quarter rose to $419.84 million from $293.16 million in the prior-year quarter, while analysts had a consensus revenue estimate of $372.87 million for the quarter.

Additionally, SPF’s stock had its target price boosted by FBR Capital from $8.50 to $9.50 in a research note issued to investors on Feb. 7.

How Should Investors Trade SPF After The Recent Movement? Find Out Here

BG Medicine, Inc. (NASDAQ:BGMD) shares climbed 3.91% to $1.86. The company today announced that Eric Bouvier, BG Medicine's President and CEO, will be presenting at the Cowen and Company 33rd Annual Health Care Conference on March 4, 2013, at the Boston Marriott Copley Place, beginning at 2:10 PM Eastern Time (ET).

Is BGMD Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here

Navidea Biopharmaceuticals Inc (NYSE:NAVB) shares jumped 3.91% and closed at $3.19 in the last trading session. The company, last month, announced that it has priced an underwritten sale of common stock in a transaction led by J.P. Morgan Asset Management and involving one other institutional investor. In the offering 1.54 million shares were sold in an at market transaction at a price of $3.10 per share for gross proceeds of approximately $4.8 million. The net proceeds of the financing will be used to fund Navidea's ongoing operations.

Is NAVB a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here

Government Properties Income Trust (NYSE:GOV) shares gained 3.88% to $26.23. The company, on Feb. 20, announced its financial results for the quarter and year ended December 31, 2012. Normalized funds from operations, or Normalized FFO, for the quarter ended December 31, 2012 were $28.1 million, or $0.53 per share, compared to Normalized FFO for the quarter ended December 31, 2011 of $26.1 million, or $0.56 per share. Net income was $13.2 million, or $0.25 per share, for the quarter ended December 31, 2012, compared to $13.2 million, or $0.28 per share, for the quarter ended December 31, 2011.

How Should Investors Trade GOV After The Latest Earnings Report? Find Out Here

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