Lakeway, TX -- (SBWIRE) -- 03/04/2013 -- 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:-
The Western Union Company (NYSE:WU) shares jumped 1.64% and closed at $14.26 in the last trading session. The company, on Feb. 21, announced that it has certified the Ericsson Wallet Platform. With this certification, Ericsson can now offer its operator customers the ability to include Western Union Mobile Money Transfers in their financial services portfolios enabling end-users to send and receive money across borders using their mobile phones.
Is WU after A Solid Pop Up? Find Out Here
Windstream Corporation (NASDAQ:WIN) shares gained 1.63% to $8.73. The company, on Feb. 19, said it generated fourth quarter GAAP total revenues and sales of $1.54 billion, operating income of $172 million and net income of $10 million, or 2 cents per share. That compares to total revenues and sales of $1.21 billion, operating income of $96 million and a net loss of $35 million, or 7 cents per share, during the same period in 2011.
Additionally, Fitch Ratings, on Feb. 20, has affirmed the 'BB+' Issuer Default Rating (IDR) of Windstream Corporation and its subsidiaries. The Rating Outlook has been revised to Negative from Stable.
How Should Investors Trade WIN After The recent Earnings Report? Find Out Here
Dreamworks Animation Skg Inc (NASDAQ:DWA) shares climbed 1.63% to $16.87. The company last week said it lost $82.7 million in the fourth quarter of fiscal year 2012, resulting in a net loss for the year thanks in large part to the costly box office miss "Rise of the Guardians." The company generated $264.7 million in revenue, but high costs led to a loss of $0.98 per share. For the year, the company generated $749.8 million in revenue and lost $36.4 mllion, or $0.43 per share.
Why Should Investors Consider Buying DWA Now? Find Out Here
Ocwen Financial Corporation (NYSE:OCN) shares gained 1.62% to $40.06. The company, on Feb. 28, reported fourth quarter net income of $65.2 million, or $0.47 per share, as compared to net income of $9.7 million, or $0.08 per share, in the same quarter last year. The Company produced record revenue of $236.4 million, up 51% from the fourth quarter of 2011. Income from operations grew in excess of 100% to $137.3 million for the fourth quarter of 2012 as compared to $66.1 million in the same period of 2011.
Is OCN Still a Buy After The Recent momentum? Find Out Here
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