Lakeway, TX -- (SBWIRE) -- 02/27/2013 -- 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:-
TIM Participacoes SA (ADR) (NYSE:TSU) shares increased 2.94% to $21.73. The company, on Feb. 5, said that fourth-quarter net profit jumped 16.3 percent compared with a year earlier as sales of services and products rose and financial costs fell. The Brazilian unit of Telecom Italia said in a securities filing that fourth-quarter net profit rose to 462.6 million reais from 397.8 million reais a year earlier, narrowly missing the analysts average estimate of 476 million reais.
How Should Investors Trade TSU After The Recent Movement? Find Out Here
WisdomTree Investments, Inc. (NASDAQ:WETF) shares increased 2.90% and closed at $8.88. The company, on Feb. 19, announced that WisdomTree Trust declared distributions for different WisdomTree ETFs. Wisdom Tree is a New York-based exchange-traded fund ("ETF") sponsor and asset manager.
Additionally, the company announced that Jonathan Steinberg, Chief Executive Officer; and Amit Muni, Chief Financial Officer; will present at the Citi 2013 US Financial Services Conference on Tuesday, March 5th at 2:00 p.m. ET in Boston, MA.
Is WETF Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here
Mindray Medical International Ltd (ADR) (NYSE:MR) shares jumped 2.81% and closed at $37.70 in the last trading session. The company, on Feb. 25, announced that for fiscal 2013, it expects net revenues to grow at least 17% over its fiscal 2012 net revenues, non-GAAP net income to grow at least 15% over its non-GAAP net income for fiscal 2012. The Company reported revenue of $1.060 billion and net income of $180.2 million in fiscal 2012. Analysts on an average were expecting the Company to report net income of $197 million for fiscal 2013.
Is MR a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here
Tesoro Corporation (NYSE:TSO) shares climbed 3.19% and closed at $54.29. The company, on Feb. 6, announced that the board of directors has approved a 33% increase in the Company`s regular quarterly cash dividend from $0.15 per share to $0.20 per share, effective with the quarterly dividend payable on March 15, 2013 to holders of record at the close of business on February 28, 2013.
How Should Investors Trade TSO After The Latest Earnings Report? Find Out Here
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