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Investors Buzz: Ross Stores, McEwen Mining, Nationstar Mortgage Holdings, CenturyLink

 
 
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Lakeway, TX -- (SBWIRE) -- 03/07/2013 -- 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:-

Ross Stores, Inc. (NASDAQ:ROST) stock fell 4.89% to $56.78 after the company today reported that sales increased 3% to $726 million for the four weeks ended March 2, 2013, up from $707 million for the four weeks ended March 3, 2012. Comparable store sales for the four weeks ended March 2, 2013 declined 1% versus the same period last year. This compared to a strong 9% gain for the four weeks ended February 25, 2012.

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

McEwen Mining Inc(NYSE:MUX) shares dropped 3.70% to $2.60. The Company, on Feb. 12, announced that operations at its 49% owned San José mine (in Santa Cruz Province), Argentina were halted on Monday, February 4, 2013 due to seventy-six employees contracting gastroenteritis.There have been no further cases reported and all employees have recovered in full, the company said in a statement.

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

Nationstar Mortgage Holdings Inc (NYSE:NSM) shares dropped 5.80% to $38.60 after the company today reported a fourth-quarter net income of $63.76 million or $0.71 per share from $14.89 million or $0.21 per share in the prior year. Total revenues grew 180 percent to $332.61 million from $118.56 million in the same quarter last year. Servicing fee income surged to $145.5 million from $67.78 million a year earlier. Gain on mortgage loans held for sale increased to $175.05 million from $35.58 million in the prior year.

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

CenturyLink, Inc. (NYSE:CTL) stock decreased 1.60% to $34.50. The company will begin trading ex-dividend on March 07, 2013. A cash dividend payment of $0.54 per share is scheduled to be paid on March 22, 2013. Shareholders who purchased CTL stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -25.52% decrease from the prior quarter.

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

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