Lakeway, TX -- (SBWIRE) -- 02/26/2013 -- vb-news.net, 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:-
Pioneer Natural Resources (NYSE:PXD) shares fell 4.65% and closed at $121.09 in the last trading session. The company announced that Tim Dove, President and Chief Operating Officer, will present at The Raymond James Investors Conference on Tuesday, March 5 at 8:40 a.m. ET.
Additionally, the company announced that its board of directors declared a cash dividend of $0.04 per share on Pioneer’s outstanding common stock. The dividend is payable April 11, 2013 to stockholders of record at the close of business on March 28, 2013.
How Should Investors Trade PXD After The Solid Jump? Let’s Find Out Here
Jefferies Group, Inc. (NYSE:JEF) stock decreased 4.61% to $21.10. Jefferies’s stock was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a research note issued to investors on Feb. 12. They currently have a $19.80 price target on the stock. Jefferies Group, Inc. and its subsidiaries operate as securities and investment banking firm. The principal operating subsidiary of the Company is Jefferies & Company, Inc.
Is JEF Ready To Jump Again After The Solid Momentum? Get Free Trend Analysis Here
Mead Johnson Nutrition CO (NYSE:MJN) shares declined 4.61% to $75.32 after the Hong Kong government imposed a regulation designed to limit the flow of milk products out of the territory. Approximately 30% of Mead Johnson sales in the China/Hong Kong market originate in Hong Kong.
Additionally, Goldman Sachs upgraded Mead Johnson Nutrition from Neutral to Conviction Buy and raised the price target from $75.00 to $95.00 on Feb. 4.
Is MJN Buy After The Recent Price Movement? Find Out Here
Hovnanian Enterprises, Inc. (NYSE:HOV) stock dropped 4.59% to $5.20. The company will release financial results for the first quarter ended January 31, 2013 the morning of Wednesday, March 6, 2013. The Company will webcast its first quarter earnings conference call at 11:00 a.m. (ET) on Wednesday, March 6, 2013.
Additionally, the company announced that senior management will be presenting at the J.P. Morgan Global High Yield & Leveraged Finance Conference on Tuesday, February 26, 2013 at 2:00 p.m. ET.
Is HOV a Buy At The Current Market Price? Don’t Miss Out Our Special Coverage Here
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