Lakeway, NY -- (SBWIRE) -- 03/14/2013 -- 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:-
United Microelectronics Corp (ADR) (NYSE:UMC) shares increased 2.19% and closed at $1.87. The company, on Mar. 13, announced that it will pay a cash dividend of NTD 0.4 per share, or NTD 5,061,310,216 in total to shareholders for fiscal year 2012. The company is principally engaged in the manufacturing of semiconductor products. The Company operates its businesses primarily through wafer production services.
Get Latest News, Updates on UMC Here
Hormel Foods Corporation(NYSE:HRL) shares jumped 2.18% and closed at $39.42 after HRL‘s stock had its “market perform” rating restated by equities researchers at BMO Capital Markets in a report issued on Mar. 13. They currently have a $36.00 target price on the stock.
Additionally, the company posted its quarterly earnings results on Feb. 21. The company reported $0.48 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.49 by $0.01. The company had revenue of $2.12 billion for the quarter, compared to the consensus estimate of $2.14 billion.
Is HRL a Strong Buying Opportunity After The Recent Slump? Find out Here
Crocs, Inc. (NASDAQ:CROX) shares climbed 2.17% and closed at $16.01. The company, on Mar. 11, announced the second year of the brand's style blogger program, which highlights on-trend, yet comfortable, Crocs? footwear throughout the year. Five well-respected style and fashion bloggers are taking part in the 2013 CrocStyle Insider program to help preview and showcase new Crocs styles.
Is CROX Signaling a Buy After The Sudden Slump? Don’t Miss Out Free Trend Analysis Here
Sonus Networks, Inc.(NASDAQ:SONS) shares gained 2.14% to $2.39 in the last trading session. The company, on Feb. 28, reported fourth-quarter net loss of $16.4 million or $0.06 per share, compared to profit of $3.7 million or $0.01 per share last year. Adjusted net income for the fourth quarter was $1.8 million or $0.01 per share, compared to $5.4 million or $0.02 per share last year. Analysts expected the company to post breakeven per share for the quarter. Total revenues for the quarter were $75.1 million compared to $74.3 million last year. Analysts estimated revenues of $78.36 million for the quarter.
Is SONS Signaling a Buy After The Sudden Slump? Don’t Miss Out Free Trend Analysis Here
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