Lakeway, TX -- (SBWIRE) -- 02/08/2013 -- 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:-
Fibria Celulose SA (ADR) (NYSE:FBR) shares declined 2.30% and closed at $12.32 in the last trading session. The company, on Jan. 30, posted its first net profit in six quarters because of recovering sales to China. The company booked net income of 48 million reais ($24 million) from a 358 million reais loss a year earlier. The company lost 212 million reais in the third quarter. The company plans to invest 1.244 billion reais in 2013, a 15% increase over last year due to currency effects and a one-time replanting at its Aracruz operations.
Additionally, FBR’s stock has been upgraded by TheStreet Ratings from sell to hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance.
Is FBR after A Solid Pop Up?Find Out Here
Masco Corporation (NYSE:MAS) shares fell 2.30% to $17.86. The company announced that it will hold a conference call regarding 2012 fourth quarter and full-year results on Tuesday, February 12, 2013 at 8:00 a.m. ET. The conference call will be hosted by Masco President and Chief Executive Officer Timothy Wadhams.
Will MAS Continue To Trend Higher After The Recent Gain? Find Out Here
Johnson Controls, Inc. (NYSE:JCI) shares dropped 2.30% and closed at $30.62. The company recently was awarded Ford Motor Company's "Q1" quality award for its plant in Matamoros, Mexico. The facility, which opened in 2006, supplies metal front-row seat adjusters for a variety of Ford vehicles.
Last month, Alex Molinaroli was named vice chairman of Johnson Controls Inc., a move that company observers say signals he's being groomed to become the company's next chief executive. The company said that Molinaroli, 53, who has run the power solutions business since 2007, will report to Steve Roell, chairman and chief executive.
Is JCI a Buy Opportunity After The Recent Slump? Find Out Here
ICICI Bank Limited (ADR) (NYSE:IBN) shares fell 2.29% to $43.97. Recently ICICI Bank said that its fiscal third-quarter 2013 (ended Dec 31) net profit came in at INR22.50 billion ($409 million) on Feb. 1. This reflects a jump of 30% from the year-ago profit of INR17.28 billion ($314 million). Net interest income surged 29% from INR34.99 billion ($636 million) in the prior-year quarter to INR27.12 billion ($493 million). Similarly, net interest margin surged 37 basis points (bps) year over year to 3.07%.
Is IBN Still a Buy After The Recent momentum? Find Out Here
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