Stamford, CT -- (SBWIRE) -- 08/14/2013 -- High Rising Stocks provides investors with the hot penny stock alerts on a regular basis. We will send you alerts through our Free E Newsletters with High Yielding alerts, market forecasting, stock tips and strategies, and offer you the tools to help you along the way with the goal of keeping you loyal to our service. Today’s stocks to watch are: Standard Pacific Corp. (NYSE:SPF), Walter Energy, Inc. (NYSE:WLT) , Organovo Holdings Inc (NYSEMKT:ONVO), Hecla Mining Company(NYSE:HL)
Standard Pacific Corp. (NYSE:SPF) shares declined 3.64% to $7.42. The company on August 1 announced the pricing of its previously announced public offering of senior notes and the increase in the amount of the offering to $300 million aggregate principal amount of notes. Citigroup Global Markets Inc. and Credit Suisse Securities (USA) LLC acted as joint book-running managers for the notes offering.
Additionally, the company on July 25 announced results for the second quarter ended June 30, 2013. Revenues from home sales for the 2013 second quarter increased 58%, to $434.3 million, as compared to the prior year period, resulting primarily from a 34% increase in new home deliveries and an 18% increase in the Company's consolidated average home price to $397 thousand.
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Walter Energy, Inc. (NYSE:WLT) shares increased 2.39% to $12.86. The company on August 1 announced results for the second quarter ended June 30, 2013. The company reported a net loss of $34.5 million, or $0.55 loss per diluted share, in the second quarter 2013, as compared to net income of $31.9 million, or $0.51 per diluted share, in the second quarter of 2012. Second quarter 2013 consolidated revenues totaled $441.5 million, a decrease from $677.6 million in the second quarter of 2012.
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Organovo Holdings Inc (NYSEMKT:ONVO) stock decreased 0.84% to $5.89. The company on August 12 reported on its financial results for the three-month period ended June 30, 2013 and provides a business update. For the three months ended June 30, 2013, total revenues of approximately $0.1 million were $0.2 million or 67% below the approximately $0.3 million in revenues for the same period in 2012. The Company also had negative cash flow from operations of $2.7 million during the three months ended June 30, 2013, with end-of-period cash and cash equivalents of approximately $12.8 million and an accumulated deficit of $70.1 million.
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Hecla Mining Company(NYSE:HL) shares gained 4.56% to $3.56. The on August 8 announced a second quarter net loss applicable to common shareholders of $25.0 million, or $0.08 per basic share, and a loss after adjustments applicable to common shareholders of $10.2 million, or $0.03 per basic share. Second quarter silver production was 2.2 million ounces at a Total Cash Cost, Net of By-product Credits, per Silver Ounce of $5.56.
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